Question: I only need answer no explanation asap. 3 variable costing is also called as O absorption costing O contribution costing fixed costing O marginal costing

I only need answer no explanation asap. 3 variable costing is

I only need answer no explanation asap.

3 variable costing is also called as O absorption costing O contribution costing fixed costing O marginal costing company a is incurring $2.500 as overheads in manufacturing 500 units. the overheads are allocated on the basis of machine hours which is 250 hours. how much overheads will be incurred when the company is manufacturing 700 units and taking 300 hours? O 3000 O 3500 O 2500 4000 job a needs $100 direct materials. $150 direct labor and overheads equivalent to 50% of direct labor mark up is done on the basis of 40% of selling price. What shall be the price to be charged from customer? 542 455

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

3 Company A is incurring $2.500 as overheads in manufacturing 500 units. The overheads are allocated on the basis of machine hours which is 250 hours. How much overheads will be incurred when the...

part 1 part 2 part 3 Absorption costing operating income is________(higer than or lower than) variable costing operating income. This is because absorption costing defers $ ____ of fixed...

write the step please Question 3 (20 marks) Eunice Wong opened Eunice's Creations Company, a small manufacturing company, at the beginning of the year. The following income statement for the first...

Eunice Wong opened Eunice's Creations Company, a small manufacturing company, at the beginning of the year. The following income statement for the first quarter was prepared by a friend of Eunice,...

XYZ Co. uses normal job costing. The firm does not prorate over/under allocated MOH and uses first-in-first-out (FIFO) inventory flow. In 2019, they had the following costs: DM $9 per unit DL $3 per...

XYZ Couses normal job costing. The firm does not prorate over/under allocated MOH and uses first-in-first-out (FIFO) inventory flow. In 2019, they had the following costs: DM $9 per unit DL $3 per...

22. Variable costing is also called ________. A) functional costing B) indirect costing C) absorption costing D) the contribution approach Answer: 23. What is gross margin? A) sales minus operating...

Would like your help. Need help with study guides. Thanks. FINANCIAL AND MANAGERIAL ACCOUNTING - Fifth Edition E22-32 Requirements 1. Prepare a budgeted income statement with columns for 1,300 units,...

required part (e) i have also uploaded my answers of parts a,b,c, and d in case you need some information. would you please let me know if there is any mistakes as well. thanks a lot. QUESTION 1 Cute...

Let each observation in a set of k independent random samples be normally distributed with means 1, . . ., k and common variance 2. If H0 = 1 = 2 = = mk is true, show that has an F-distribution...

Which is more effective in claim lettersanger or objectivity? Why?

Variable cost changes with the level of activity. Question 2 Answer True False

10) For a bond that pays cash interest (i.e., not a zero coupon bond), YTM is (a) always equal to the coupon rate (b) always equal to the current yield (c) is always less than the coupon rate (d) can...

7. Understand the challenges of multilingualism.

2. Foreigner Labels. Meet in small groups with other class members and generate a list of labels used to refer to people from other countries who come to the United Statesfor example, immigrants and...

5. Give examples of variations in contextual rules.