Question

In: Accounting

anker corporation, which had only one product, has provided the following data fir its first year....

anker corporation, which had only one product, has provided the following data fir its first year.
selling price $99
units in beg inventory 0
units produced 6300
units sold 6000
units in ending inventory 300

variable cost:
Direct material 12
direct labor 12
variable manufacturing overhead $6
variable selling and adm $6

fixed costs:
FMOH $170100
F selling and adm $24000


the net operation income under vairable cost:
the unit produced under variable costing:
the unit produced under absorbtion costing:
the net operating income under absorbtion costing:

Solutions

Expert Solution


Related Solutions

Brady Products Manufacturers, which has only one product, has provided the following data concerning its first...
Brady Products Manufacturers, which has only one product, has provided the following data concerning its first month of operations: Selling price $120.00 Units produced 4,000 units Units sold 3,600 units Units in ending inventory 400 units Variable manufacturing costs $90.00 Variable selling and administrative costs $8.00 per unit sold Fixed manufacturing overhead costs $56,000 Fixed selling and administrative costs $21,600 The company produces the same number of units every month, although the sales in units vary from month to month....
8. Franklin Company, which has only one product, has provided the following data concerning its first...
8. Franklin Company, which has only one product, has provided the following data concerning its first month of operations: Selling price $200 Units produced 1,000 Units sold 900 Variable product costs per unit $80 Variable selling and administrative costs per unit $20 Fixed manufacturing costs $36,000 Fixed selling and administrative costs $9,000 Required: a. What is the value of ending inventory using the variable costing method? b. What is the value of ending inventory using the absorption costing method? c....
Nelter Corporation, which has only one product, has provided the following data concerning its most recent...
Nelter Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 120 Units in beginning inventory 320 Units produced 6,540 Units sold 6,260 Units in ending inventory 600 Variable costs per unit: Direct materials $ 41 Direct labor $ 23 Variable manufacturing overhead $ 2 Variable selling and administrative expense $ 12 Fixed costs: Fixed manufacturing overhead $ 156,960 Fixed selling and administrative expense $ 93,900 The company produces...
Farris Corporation, which has only one product, has provided the following data concerning its most recent...
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 112 Units in beginning inventory 0 Units produced 8,950 Units sold 8,550 Units in ending inventory 400 Variable costs per unit: Direct materials $ 18 Direct labor $ 60 Variable manufacturing overhead $ 6 Variable selling and administrative expense $ 10 Fixed costs: Fixed manufacturing overhead $ 134,250 Fixed selling and administrative expense $ 8,800 What is the...
Farris Corporation, which has only one product, has provided the following data concerning its most recent...
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 160 Units in beginning inventory 0 Units produced 9,550 Units sold 9,150 Units in ending inventory 400 Variable costs per unit: Direct materials $ 30 Direct labor $ 72 Variable manufacturing overhead $ 18 Variable selling and administrative expense $ 22 Fixed costs: Fixed manufacturing overhead $ 143,250 Fixed selling and administrative expense $ 10,000 What is the...
Maher Corporation, which has only one product, has provided the following data concerning its most recent...
Maher Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 186 Units in beginning inventory 0 Units produced 3,690 Units sold 3,120 Units in ending inventory 570 Variable costs per unit: Direct materials $ 56 Direct labor $ 52 Variable manufacturing overhead $ 8 Variable selling and administrative expense $ 18 Fixed costs: Fixed manufacturing overhead $ 121,770 Fixed selling and administrative $ 9,360 Required: a. What is...
Nelter Corporation, which has only one product, has provided the following data concerning its most recent...
Nelter Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 128 Units in beginning inventory 345 Units produced 6,880 Units sold 6,830 Units in ending inventory 395 Variable costs per unit: Direct materials $ 42 Direct labor $ 23 Variable manufacturing overhead $ 3 Variable selling and administrative expense $ 19 Fixed costs: Fixed manufacturing overhead $ 165,120 Fixed selling and administrative expense $ 95,620 The company produces...
Pacheo Corporation, which has only one product, has provided the following data concerning its most recent...
Pacheo Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 108 Units in beginning inventory 955 Units produced 2,390 Units sold 3,000 Units in ending inventory 345 Variable costs per unit: Direct materials $ 25 Direct labor $ 20 Variable manufacturing overhead $ 1 Variable selling and administrative expense $ 14 Fixed costs: Fixed manufacturing overhead $ 64,530 Fixed selling and administrative expense $ 9,000 The company produces...
Pacheo Corporation, which has only one product, has provided the following data concerning its most recent...
Pacheo Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 113 Units in beginning inventory 860 Units produced 2,290 Units sold 2,770 Units in ending inventory 380 Variable costs per unit: Direct materials $ 25 Direct labor $ 18 Variable manufacturing overhead $ 2 Variable selling and administrative expense $ 21 Fixed costs: Fixed manufacturing overhead $ 66,410 Fixed selling and administrative expense $ 5,540 The company produces...
Winter Corporation, which only has one product, has provided the following data concerning its most recent...
Winter Corporation, which only has one product, has provided the following data concerning its most recent month of operations. Description Amount Selling Price $140 Units in beginning inventory 0 Units produced 1,800 Units sold 1,600 Units in ending inventory 200 Variable Costs Per unit Direct materials $40 Direct labor $32 Variable manufacturing overhead $10 Variable selling and administrative expense $18 Fixed Costs Per month Fixed manufacturing overhead $45000 Fixed selling and administrative expense $32,000     Question Select Your Answer Question...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT