Kimono provides you with the data below: Product sales Variable manufacturing costs Fixed manufacturing overhead Variable...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Kimono provides you with the data below: Product sales Variable manufacturing costs Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs Opening stock Units produced What is the marginal (variable = direct) costing net profit? 1 000 units @ $10 each $5.50 per unit $1 200 $0.50 per unit sold $1.000 Nil 1 200 Kimono provides you with the data below: Product sales Variable manufacturing costs Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs Opening stock Units produced What is the marginal (variable = direct) costing net profit? 1 000 units @ $10 each $5.50 per unit $1 200 $0.50 per unit sold $1.000 Nil 1 200
Expert Answer:
Answer rating: 100% (QA)
Answer The correct answer to the subsequent question is choice C 1800 Explanation Give... View the full answer
Related Book For
Exploring Engineering An Introduction to Engineering and Design
ISBN: 978-0123747235
2nd edition
Authors: Philip Kosky, George Wise, Robert Balmer, William Keat
Posted Date:
Students also viewed these accounting questions
-
By copying and pasting your spreadsheet from exercise 15, find and plot the values of L needed (in ft) vs. W, weight of jumper (in lbf) for successful bungee jumps (coming to a stop 5.0 ft above the...
-
Assume the case of a single buyer and a single supplier, for a supply chain of a single product. The demand for the product is 22,000 units per year. Buyer ordering cost is $600 per order, and buyer...
-
X CO produces a 16 ounce can of BR at a cost of $1.80 to make and sells for $3.00. 16 ounces of BR can be further refined into 4 small tins of CP. The chrome polish sells for $5.00 per tin. Variable...
-
Infinity & Beyond, Inc. is a producer of high-tech fashion merchandise. The company's marketing department has identified a new product concept through discussions with potential customers conducted...
-
One contributor to the rational demand for commitment devices is the time-inconsistency problem. Explain how limited processing capacity might also contribute to the demand.
-
Why do many business entities use a Balanced Scorecard?
-
In Exercises 1518, use the given set of points to a. Compute b1. b. Compute the residual standard deviation se. c. Compute the sum of squares for x, (x x)2. d. Compute the standard error of b1, sb....
-
In early 20X1, SpaceTel Communications, a U.S.-based international telephone communications company, purchased the controlling interest in Sofia Telecom, Ltd. (STL) in Bulgaria. A key productivity...
-
Suppose that the USD has been significantly appreciating against the Japanese yen over the last several months and that the Federal Reserve is considering sterilized direct intervention to reverse...
-
Jacqueline Ponce de Leon, a descendent of Juan Ponce de Leon, made a cash contribution of $1,500,000 to the City of Fountains to create and maintain a large fountain in front of City Hall in honor of...
-
Which of the following is true of a compound? A compound must be a solid at room temperature. A compound is a substance that cannot be separated into simpler substances by chemical means. A compound...
-
Express in terms of 1. -343 - 343 = (Simplify your answer. Type your answer in the form a + bi.)
-
Analyze and suggest the marketing mix (4Ps) for the SmartX smartphone to ensure its success in the market.
-
This can be done as a group or individually. If done in a group, all group members must submit a copy of this assignment to receive a grade. If you were to open a business, what type of business...
-
Wildhorse Corp., a U.S. company, has a five-year bond whose yield to maturity is 7.2 percent (assume semiannual compounding). The bond has no coupon payments. What is the price of this zero coupon...
-
Williams Company uses a periodic inventory system. The following are Inventory transactions for the month of March: 3/1 Beginning Inventory 5,000 units at $2 3/7 3/16 Purchase 2,500 units at $3...
-
Provide a research paper on the following. The assignment has two requirements: 1.) Select a publicly-traded company that is traded on U.S. exchange. Locate the annual report for at least the last...
-
[a] Two foam blocks, each with a charge of 19 micro coulombs (1 C = 10-6 C), are both held in place 19 cm apart in the east-west direction. A foam ball with a charge 49 C is placed 55 cm north of the...
-
For the circuit shown, a power of 100. watts is dissipated in the resistor. Find the current I. The circuit for this exercise is given in the table. | = 15 A 100. 2 100. 12V Exercise 1 Exercise 2 1...
-
Part of the mechanism of a toilet is the system that refills the toilet tank after a flush. A conceptual sketch is shown below. Water enters the tank through an annular opening around the plug;...
-
Suppose you want to design an Otto cycle engine with a thermal efficiency of 45 percent. What compression ratio must you use?
-
At December 31, 2019, Blumenthall Corporation reported the shareholders' equity accounts shown here (as adapted, with dollar amounts in millions): Blumenthall's 2020 transactions included the...
-
Blumenthall Corporation earned \(\$ 350\) million in net income in 2020. Use this and the data in exercise E8-23 to prepare the shareholders' equity section of the company's balance sheet at December...
-
(Optical Products Company reported the following shareholders' equity 'on its balance sheet: {Requirements} 1. What could have caused Optical Products's preferred shares to decrease during 2020? Cite...
Study smarter with the SolutionInn App