Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The variatie manufacturing costs per unit of Accelerate Motors are as fotos Click the icon to view the variatie marutacturing costs per unt) Accelerate Motors

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
The variatie manufacturing costs per unit of Accelerate Motors are as fotos Click the icon to view the variatie marutacturing costs per unt) Accelerate Motors assembles and sells motor vehicles and uses standard costing Adual data and variable costing and absorption costing income statements relating to Apri and May 2017 are as follows (Click the icon to view the data) (Clok the icon to view the variable costing income statements) Click the icon to view the absorption conting income statements) Read the rest Requirement 1. Prepare income statements for Accelerate Motors in April and May 2017 under throughout costing Begin by completing the top portion of the statement, then the bottom portion (Complete all boxes. Enter au for any 2010 mounts April 2017 May 2017 Revenues 7500000 10625000 Direct material cost of goods sold Beginning inventory 800000 Direct materials Cost of goods avatable for sale Data Table - X Deduciending inventory Total direct material cost of goods sold Throughout margin April May Unitat: Beginning inventory 0 -100 Production 350 Sales 300 Variable costs Manufacturing cost per un produced $ 3,000 $ 3,000 Operating Image cost per un sold 4000 4000 Fred cost Manufacturing costs S 2.400.000 52.400.000 Operating marketing costs 675.000 575.000 The seling pace per vehicle is 525.000 The budgeted level of production used calculate the budgeted fred mancing cost per 400 untsThere are no price ciency, or spending vances y production volume van we off to cost of goods sold in the month which occur 400 Doo Choose from any est or enter any number in the input fields ang Check A 10) Accelerate Mofors assembles and sells motor vehicles and uses standard costing. Actual data and variable costing and absorption costing income statements relating to April and May 2017 are as follows (Cick the icon to view the data) Click the icon to view the variable coating income statements) (Cack the icon to view the absorption costin variable costing income statements The variable manufacturing costs per unit of Accelerate Motors are as (Click the icon to view the variable manufacturing costs per unit) Read the requirements Requirement 1. Prepare income statements for Begin by completing the top portion of the staten April 2017 $ 7.500.000 May 2017 $10.625.000 0 3.200.000 $ Revues Direct material cost of goods sold Beginning inventory Direct materials Cost of goods available for sale Deduct ending inventory Total direct material cost of goods sold Throughout margin 3.200,000 (800,000) Revens Variable costs Beginning inventory Variable manufacturing costs Cost of goods available for sale Les Ending inventory Variable cost of goods sold Variable operating costs Total vanable costs Contribution margin Fixed costs Fixed manufacturing costs Fored operating costs Total foed costs Operating income 800,000 2.300,000 3.600.000 (200,000) 3.400,000 1.700.000 2.400,000 1.200.000 3,600,000 5.100.000 3.900,000 5.525,000 2.400.000 675,000 2.400,000 675,000 3,075,000 825.000 $ 3.075,000 5 2.450,000 Print Done Score: 0 of 2 pts 2 of 3 (2 complete) E9-22 (similar to) The variable manufacturing costs per unit of Accelerate Motors are as follow (Cick the icon to view the variable manufacturing costs per unit) Accelerate Motors assembles and set motor vehides and uses standard costing Actual data and variable conting and absorption costing income statements relating to April and May 2017 are as follows FED Co the icon to view the data) Click the icon to view the variable costing income statements) (Click the icon to view the absorption coding income statements) Read the requirements - Requirement 1. Prepare income statements for Accelerate Motors in April and May 2017 under throughout costing Begin by completing the top portion of the statement, then the bottom portion Complete at answer boxes. Enter a "for any zero amounts) absorption costing income statements Revenues Direct material cost of goods sold Beginning inventory April 2017 May 2017 Direct materials Revenues 57.500,000 $ 10,625,000 Cost of goods andable for sale Cost of goods sold Deductending inventory Beginning inventory $ 0 $ 1.400.000 Total dred material cost of god Variable manufacturing costs 3,200,000 2.000.000 Throughout margin Allocared fired manufacturing costs 2.400.000 2.100.000 Cost of goods before 5.000.000 6.100.000 LOS: Ending inventory 11.400.000) (350,000) Adjustment for production-volume variance 0 300.000 4.200.000 Cost of goods sold 6,250.000 Cromargin 3.500.000 4375,000 Operating costs Vart operating costs 1.200.000 1.700.000 Fred operating costs 675,000 S75.000 Total operating costs 1.275.000 2375.000 Operating income S 1.225.000 $ 2,000,000 Print Done Choose from any list or enter any number in the input fields and then click Check Answer 3 Parts Tentaining Clear All Accelerate Motors assembles and sells motor vehicles and uses standard costing. Actual data and variable costing and absorption costing income statements relating to April and May 2017 are as follows: (Click the icon to view the data) Click the icon to view the variable costing income statements.) Click the icon to view the absorption conting income statements.) The variable manufacturing costs per unt of Accelerate Motors Click the icon to view the variable manufacturing costs per Read the ressements Requirement 1. Prepare income statements for Accelerate Motors in Apell and May 2017 under throughout costing Begin by completing the top portion of the statement, then the bottom portion (Complete an answer boxes. Enter a " for any zero amounts.) April 2017 May 2017 Revenues 7500000 10525000 Direct material cost of goods sold Beginning inventory 800000 Direct materials Cost of goods available for sale Data Table Deduct ending inventory Total direct material cost of goods sold Throughput margin April May Direct material cost per unit $ 8.500 $ 5.500 Direct manufacturing labor cost per unit 1400 1.400 Manufacturing overhead cost per un 100 100 Print Done Chefen Accelerate Motors assembles and sells motor vehicles and uses standard costing. Actual data and variable costing and absorption costing income statements relating to April and May 2017 are as follows Click the icon to view the data) |(Click the icon to view the variable costing income statements) (Cick the icon to view the absorption costing income statements.) The variable manufacturing costs per unit of Accelerate Motor (Click the icon to view the variable manufacturing costs pe Read the requirements Requirement 1. Prepare income statements for Accelerate Motors in April and May 2017 under throughput conting Begin by completing the top portion of the statement, then the bottom portion (Complete all answer boxes Enter a *o* for any zero amounts.) April 2017 May 2017 Revenues 7500000 10625000 Direct material cost of goods sold Beginning inventory 800000 Direct matensis Cost of goods avatable for sale Requirements -X Deduct ending inventory Total dred material cost of goods sold Throughout margin 1. Prepare income statements for Accelerate Motors in April and May 2017 under throughput costing 2. Contrast the results in requirement 1 with the absorption and variable costing income statements presented 3. Give one motivation for Accelerate Motors to adopt throughout costing Print Done The variatie manufacturing costs per unit of Accelerate Motors are as fotos Click the icon to view the variatie marutacturing costs per unt) Accelerate Motors assembles and sells motor vehicles and uses standard costing Adual data and variable costing and absorption costing income statements relating to Apri and May 2017 are as follows (Click the icon to view the data) (Clok the icon to view the variable costing income statements) Click the icon to view the absorption conting income statements) Read the rest Requirement 1. Prepare income statements for Accelerate Motors in April and May 2017 under throughout costing Begin by completing the top portion of the statement, then the bottom portion (Complete all boxes. Enter au for any 2010 mounts April 2017 May 2017 Revenues 7500000 10625000 Direct material cost of goods sold Beginning inventory 800000 Direct materials Cost of goods avatable for sale Data Table - X Deduciending inventory Total direct material cost of goods sold Throughout margin April May Unitat: Beginning inventory 0 -100 Production 350 Sales 300 Variable costs Manufacturing cost per un produced $ 3,000 $ 3,000 Operating Image cost per un sold 4000 4000 Fred cost Manufacturing costs S 2.400.000 52.400.000 Operating marketing costs 675.000 575.000 The seling pace per vehicle is 525.000 The budgeted level of production used calculate the budgeted fred mancing cost per 400 untsThere are no price ciency, or spending vances y production volume van we off to cost of goods sold in the month which occur 400 Doo Choose from any est or enter any number in the input fields ang Check A 10) Accelerate Mofors assembles and sells motor vehicles and uses standard costing. Actual data and variable costing and absorption costing income statements relating to April and May 2017 are as follows (Cick the icon to view the data) Click the icon to view the variable coating income statements) (Cack the icon to view the absorption costin variable costing income statements The variable manufacturing costs per unit of Accelerate Motors are as (Click the icon to view the variable manufacturing costs per unit) Read the requirements Requirement 1. Prepare income statements for Begin by completing the top portion of the staten April 2017 $ 7.500.000 May 2017 $10.625.000 0 3.200.000 $ Revues Direct material cost of goods sold Beginning inventory Direct materials Cost of goods available for sale Deduct ending inventory Total direct material cost of goods sold Throughout margin 3.200,000 (800,000) Revens Variable costs Beginning inventory Variable manufacturing costs Cost of goods available for sale Les Ending inventory Variable cost of goods sold Variable operating costs Total vanable costs Contribution margin Fixed costs Fixed manufacturing costs Fored operating costs Total foed costs Operating income 800,000 2.300,000 3.600.000 (200,000) 3.400,000 1.700.000 2.400,000 1.200.000 3,600,000 5.100.000 3.900,000 5.525,000 2.400.000 675,000 2.400,000 675,000 3,075,000 825.000 $ 3.075,000 5 2.450,000 Print Done Score: 0 of 2 pts 2 of 3 (2 complete) E9-22 (similar to) The variable manufacturing costs per unit of Accelerate Motors are as follow (Cick the icon to view the variable manufacturing costs per unit) Accelerate Motors assembles and set motor vehides and uses standard costing Actual data and variable conting and absorption costing income statements relating to April and May 2017 are as follows FED Co the icon to view the data) Click the icon to view the variable costing income statements) (Click the icon to view the absorption coding income statements) Read the requirements - Requirement 1. Prepare income statements for Accelerate Motors in April and May 2017 under throughout costing Begin by completing the top portion of the statement, then the bottom portion Complete at answer boxes. Enter a "for any zero amounts) absorption costing income statements Revenues Direct material cost of goods sold Beginning inventory April 2017 May 2017 Direct materials Revenues 57.500,000 $ 10,625,000 Cost of goods andable for sale Cost of goods sold Deductending inventory Beginning inventory $ 0 $ 1.400.000 Total dred material cost of god Variable manufacturing costs 3,200,000 2.000.000 Throughout margin Allocared fired manufacturing costs 2.400.000 2.100.000 Cost of goods before 5.000.000 6.100.000 LOS: Ending inventory 11.400.000) (350,000) Adjustment for production-volume variance 0 300.000 4.200.000 Cost of goods sold 6,250.000 Cromargin 3.500.000 4375,000 Operating costs Vart operating costs 1.200.000 1.700.000 Fred operating costs 675,000 S75.000 Total operating costs 1.275.000 2375.000 Operating income S 1.225.000 $ 2,000,000 Print Done Choose from any list or enter any number in the input fields and then click Check Answer 3 Parts Tentaining Clear All Accelerate Motors assembles and sells motor vehicles and uses standard costing. Actual data and variable costing and absorption costing income statements relating to April and May 2017 are as follows: (Click the icon to view the data) Click the icon to view the variable costing income statements.) Click the icon to view the absorption conting income statements.) The variable manufacturing costs per unt of Accelerate Motors Click the icon to view the variable manufacturing costs per Read the ressements Requirement 1. Prepare income statements for Accelerate Motors in Apell and May 2017 under throughout costing Begin by completing the top portion of the statement, then the bottom portion (Complete an answer boxes. Enter a " for any zero amounts.) April 2017 May 2017 Revenues 7500000 10525000 Direct material cost of goods sold Beginning inventory 800000 Direct materials Cost of goods available for sale Data Table Deduct ending inventory Total direct material cost of goods sold Throughput margin April May Direct material cost per unit $ 8.500 $ 5.500 Direct manufacturing labor cost per unit 1400 1.400 Manufacturing overhead cost per un 100 100 Print Done Chefen Accelerate Motors assembles and sells motor vehicles and uses standard costing. Actual data and variable costing and absorption costing income statements relating to April and May 2017 are as follows Click the icon to view the data) |(Click the icon to view the variable costing income statements) (Cick the icon to view the absorption costing income statements.) The variable manufacturing costs per unit of Accelerate Motor (Click the icon to view the variable manufacturing costs pe Read the requirements Requirement 1. Prepare income statements for Accelerate Motors in April and May 2017 under throughput conting Begin by completing the top portion of the statement, then the bottom portion (Complete all answer boxes Enter a *o* for any zero amounts.) April 2017 May 2017 Revenues 7500000 10625000 Direct material cost of goods sold Beginning inventory 800000 Direct matensis Cost of goods avatable for sale Requirements -X Deduct ending inventory Total dred material cost of goods sold Throughout margin 1. Prepare income statements for Accelerate Motors in April and May 2017 under throughput costing 2. Contrast the results in requirement 1 with the absorption and variable costing income statements presented 3. Give one motivation for Accelerate Motors to adopt throughout costing Print Done

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Control Systems Performance Measurement Evaluation And Incentives

Authors: Kenneth Merchant, Wim Van Der Stede

4th Edition

1292110554, 978-1292110554

More Books

Students also viewed these Accounting questions

Question

List and describe three behavioral leadership theories.

Answered: 1 week ago