Category: Managerial Accounting

Net operating income under variable costing,”Sales …………………………………………. $2,400,000 Variable costs: Variable cost of goods sold (15,000 units × $60 per unit)……… $900,000 Variable selling and administrative (15,000 units × $10 per unit) ……… 150,000 1,050,000 Contribution margin ………………………. 1,350,000 Fixed costs: Fixed manufacturing overhead ………. 600,000 Fixed selling and administrative …….. 600,000 1,200,000 Net operating loss ………………………… $ 150

Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Net operating income under variable[…]

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“Last year, Peck Company produced 10,000 units and sold 9,000 units. Fixed manufacturing overhead costs were $27,000, and variable manufacturing overhead costs were $3.70 per unit. For the year, one would expect net operating income under absorption costing to be:”,”$2,700 more$27,000/10,000 = $2.70 10,000 – 9,000 = 1,000 1,000 x 2.70 = $2

Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“Last year, Peck Company produced[…]

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