LivPure Water Purifiers had the following data (in million , the official currency of Japan) for December

Question:

LivPure Water Purifiers had the following data (in million ¥, the official currency of Japan) for December 2021.

There were no beginning or ending inventories. Compute the

(1) Variable manufacturing cost of goods sold,

(2) Contribution margin,

(3) Operating income.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Introduction To Management Accounting

ISBN: 9781292412566

17th Edition, Global Edition

Authors: Charles Horngren, Gary L Sundem, Dave Burgstahler

See More Books

Question Posted: Apr 26, 2023 08:00 AM

See More Questions

The Twin Lakes Company had the following actual data for 20X0 and 20X1: The basic production data at standard unit costs for the 2 years were as follows: Direct materials ........ $16 Direct labor...
Anzola Company had the following data (in millions) for a recent period. Fill in the blanks. There were no beginning or ending inventories. $920 a. Sales b. Direct materials used c. Direct labour...
Clarissa McWhirter, vice-president of Cyprus Company, was pleased to see a small variance on the income statement after the trouble the company had been having in controlling manufacturing costs. She...
What is step-down allocation? What are some criticisms of this allocation method?
The following information is available from the2009 ï¬nancial statements of Boonrawd Corp.: Required: (a) What is the average age of the equipment? (b) What is the average useful life of the...
Write Matlab code to visualize the following function: z = c. sin (2ax + y) Where a = 3, c = 0.5, 0 x 1 and -1 y 1.
True or False. AC HI pot testing of motor winding systems provides the highest stress available for the evaluation of the winding insulation system. It should therefore be performed ONLY on a new...
The unadjusted trial balance of Laundry Basket at January 31, 2012, the end of the current fiscal year, is shown below. The data needed to determine year-end adjustments are as follows: a. Wages...
For sgupta20: 700 words, Original Work, References Included, Plagerism free. In text citation included. Write a paper in which you examine the field of abnormal psychology. Address the following...
. Venture Inc. is sitting on $100 million in liquidity and considering investing in two different start-ups: Company A and Company B. After 3 years, Venture plans to sell their stake in both...
Smart Storage Company manufactures and sells external hard disk storage devices. The company had the following data (in thousands) for the year 2021. There were no beginning or ending inventories....
Mobility Inc., headquartered in Singapore, produces netbooks. The company manufactured and sold 3000 netbooks during January 2020. Selected data for the month are given below (in Singaporean Dollar,...
Discuss the importance of human capital, social capital, and psychological capital for organizations and employees.
1 CSS Farms sells onions in a competitive market and hires workers from a competitive labor market. Labor is the only variable input for CSS Farms. The table below shows the workers hired per day,...
A U.S. firm buys merchandise from a Portuguese company at a cost of EUR 250,000. The merchandise will not be delivered for six months and the U.S. firm does not have to pay for the product until it's...
Concord Corporation issued 4,300, five year, 4% bonds at 106 on January 1, 2023. Interest is paid annually. Each $1,000 bond carried one detachable warrant allowing the holder to purchase 100 common...
Mohammed Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, Year 2 Dec. 31, Year 1 Accounts receivable $16,800 $14,200 Inventory 70,900 79,700...
If a person at the beach is 6' tall and the wavelength is 8 feet, will this person be able to stand with his or her head above the water where the waves start to swell?? At what depth will the waves...
Consider Porter's value chain and the holistic marketing orientation model. What implications do they have for marketing planning? How would you structure a marketing plan to incorporate some of...
An investor sells a European call on a share for $4. The stock price is $47 and the strike price is $50. Under what circumstances does the investor make a profit? Under what circumstances will the...
Each problem is unrelated to the others. 1. Given: Selling price per unit, $25; total fixed expenses, $9,100; variable expenses per unit, $18. Find break-even sales in units. 2. Given: Sales,...
At a seminar, a cost accountant spoke on identification of different kinds of cost behavior. Tammy Li, a hospital administrator who heard the lecture, identified several hospital costs of concern to...
At a seminar, a cost accountant spoke on identification of different kinds of cost behavior. Tammy Li, a hospital administrator who heard the lecture, identified several hospital costs of concern to...
Describe what subprime lending is and give two examples of subprime lenders and explain why they are subprime lenders. Are the risks to our financial system worth the benefits of subprime lending?
Over 5 periods, the arithmetic average return of a portfolio is 1.4%, the geometric average return is 1.012%, and the dollar-weighted average return is 0.577%. What might explain why the...
What is the value of a project that generates a cash flow of $50,000 in the first month, with the cash flows growing at 0.35% per month forever? The interest rate is 10.8%.

LivPure Water Purifiers had the following data (in million , the official currency of Japan) for December

Question:

Sales Direct materials Direct labor Variable factory overhead Variable selling and administrative overhead Fixed factory overhead Fixed selling and administrative overhead ¥2,970 750 420 195 345 330 225

Step by Step Answer:

ANSWER 1 Variable Manufacturing Cost of Goods Sold Variable manufacturing cost direct ma...View the full answer

Introduction To Management Accounting

Students also viewed these Business questions