Triax Corp. produced 50,000 gizmos at a total cost of $1,600,000 (including $400,000 of fixed costs) in
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (17 reviews)
Total variable costs 1600000 400000 1200000 If prod...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Estimating fixed and variable costs using the high-low method Conry Ice Cream Company produces various ice cream products for which demand is highly seasonal. The company sells more ice cream in...
-
At a total cost of $1,820,000, Joshua Corporation acquired 70,000 shares of Caleb Corp. common stock as a long-term investment. Joshua Corporation uses the equity method of accounting for this...
-
At a total cost of $1,960,000, Turner Corporation acquired 70,000 shares of May Corp. common stock as a long-term investment. Turner Corporation uses the equity method of accounting for this...
-
The wheelbarrow and its contents have a center of mass at G. If F = 100 N and the resultant moment produced by force F and the weight about the axle at A is zero, determine the mass of the...
-
Lakia Rowell employs one college student every summer in her coffee shop. The student works the five weekdays and is paid on the following Monday. (For example, a student who works Monday through...
-
When bromine is added to a solution of 1-hexene in methanol, the major products of the reaction are as shown: 1,2-Dibromohexane is not converted to 1-bromo-2-methoxyhexane under the reaction...
-
BALANCE TRANSFER CREDIT CARDS. Rebecca Holland has several credit cards, on which she is carrying a total current balance of $14,500. She is considering transferring this balance to a new card issued...
-
The general ledger of Pack-N-Ship at June 30, 2012, the end of the companys fiscal year, includes the following account balances before adjusting entries. The additional data needed to develop the...
-
What is the effect on a companys net income when an impairment loss is recorded? A)No effect B)Decreased C)Increased
-
Jimmy owns a garden in which he has planted N trees in a row. After a few years, the trees have grown up and now they have different heights. Jimmy pays much attention to the aesthetics of his...
-
A companys sales revenue decreased by 15% from one operating period to the next. Assuming no change in the prices of its inputs and outputs, by what percentage did: a. Fixed costs change? b. Unit...
-
Dynacan Ltd. manufactured 10,000 units of product last year and identified the following manufacturing and overhead costs. (V denotes variable cost and F denotes fixed cost.) Materials used in...
-
Thiophene is a liquid compound of the elements C, H, and S. A sample of thiophene weighing 7.96 mg was burned in oxygen, giving 16.65 mg CO2. Another sample was subjected to a series of reactions...
-
How have you maintained your medical billing skills over the past 12 months? Include any courses or learning opportunity you used to build your current knowledge base. How did these skills help you?...
-
1. What issues does Bob Holland face as he takes over as CEO of Ben & Jerry's? Which are the most important? 2. Where is the market headed? What are the competitive influences and compare the...
-
Do you think there is a difference between diversity management and affirmative action? Provide an explanation for your response. Support your response with APA cited references. Response: Diversity...
-
1. In what ways do practical and statistical significance work together to help us understand program effects? Can one be important to aprogram evaluator withoutthe other? If so, how? If not, why...
-
How do IT metrics, measurements, productivity, and efficiency work together? Make sure you explain each word.Make sure to pick out two or three specific IT data and measures. Also, back up what you...
-
Why is capital structure design both an art and a science?
-
Do animals have rights? If so, what are they? What duties do human beings have toward animals? Does KFC protect animal welfare at an acceptable level?
-
A company purchased land, paying \(\$ 66,000\) cash as a down payment and signing a \(\$ 120,000\) note payable for the balance. In addition, the company paid delinquent property tax of \(\$ 2,000\),...
-
The following table shows the rates of total return in successive gears from 2011 to 2015 for the Renaissance Global Health Care Fund and for the benchmark Toronto Stock Exchange S&P/TSX Composite...
-
A bank offers a rate of 2.3% compounded semiannually on its four-gear GICs. What monthly and annually compounded rates should it quote in order to have the same effective interest race at all three...
-
Consider the Province of Ontario strip bond in Table 9.1. a. Present calculations to verify, to the nearest dollar, the bond's price on February 26, 2016, based on the quoted yield of 2.66%...
-
Production numbers for 2 shifts are shown. The shift supervisor of Shift 2 insists to the production manager that her operators are more productive than the ones on Shift 1. Using a confidence level...
-
In a class, the scores that students got are as shown. What are the 25, 50, 75 and 100th percentiles for the data? 84 84 98 80 89 83 85 56 85 84 84 74 84 81 83 80 45 86 67 79 81 78 76 85 83 77 86 83...
-
Number of points made by Teams A and B are shown. Which statement is true based on running the F-Test Two-Sample for Variances in the Data Analysis pack in Excel? Use a confidence level of 10% to...
Study smarter with the SolutionInn App