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undefined BigMachine assembles and sells Electric Vehicles using standard (AQ*$BP) costing. Actual results for April and May are: April May Unit data: Beginning inventory 0
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BigMachine assembles and sells Electric Vehicles using standard (AQ*$BP) costing. Actual results for April and May are: April May Unit data: Beginning inventory 0 ? Production 30 10 Sale price per unit 35,000 35,000 Revenue 10,50.000 3,50,000 closing inventory 2 Variable costs TOTAL (NOT per unit) Manufacturing costs 4,50,000 1.50,000 Fixed costs total: Manufacturing costs 1,00,000 1,00,000 Operating (marketing) costs 2,00,000 1,50,000 Budgeted production is 20 per month. a) Prepare April and May's income statements for eventual reporting, what is the selling price? b) Prepare a report for management to evaluate if we have passed the breaking even point. a) April May Partial Net Income statement april and may April May OH Rates April May b) Variable operating statement april and may April May BigMachine assembles and sells Electric Vehicles using standard (AQ*$BP) costing. Actual results for April and May are: April May Unit data: Beginning inventory 0 ? Production 30 10 Sale price per unit 35,000 35,000 Revenue 10,50.000 3,50,000 closing inventory 2 Variable costs TOTAL (NOT per unit) Manufacturing costs 4,50,000 1.50,000 Fixed costs total: Manufacturing costs 1,00,000 1,00,000 Operating (marketing) costs 2,00,000 1,50,000 Budgeted production is 20 per month. a) Prepare April and May's income statements for eventual reporting, what is the selling price? b) Prepare a report for management to evaluate if we have passed the breaking even point. a) April May Partial Net Income statement april and may April May OH Rates April May b) Variable operating statement april and may April MayStep by Step Solution
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