Wimpy Inc. produces and sells a single product. The selling price of the product is $170.00...
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Wimpy Inc. produces and sells a single product. The selling price of the product is $170.00 per unit and its variable cost is $68.00 per unit. The fixed expense is $344,160 per month. The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Decaprio Inc. produces and sells a single product. The company has provided its contribution format income statement for June. Sales (7,400 units) $259,000 Variable expenses 148,000 Contribution margin 111,000 Fixed expenses 87,300 Net operating income $ 23,700 If the company sells 7,600 units, its net operating income should be closest to: (Do not round intermediate calculations.) Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 31,500 Total fixed manufacturing overhead cost Variable manufacturing overhead per machine- $220,500 $ 6.00 hour Recently, Job T687 was completed with the following characteristics: Number of units in the 10 job Total machine-hours 40 Direct materials $ 685 Direct labor cost $1,370 The unit product cost for Job T687 is closest to: Wimpy Inc. produces and sells a single product. The selling price of the product is $170.00 per unit and its variable cost is $68.00 per unit. The fixed expense is $344,160 per month. The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Decaprio Inc. produces and sells a single product. The company has provided its contribution format income statement for June. Sales (7,400 units) $259,000 Variable expenses 148,000 Contribution margin 111,000 Fixed expenses 87,300 Net operating income $ 23,700 If the company sells 7,600 units, its net operating income should be closest to: (Do not round intermediate calculations.) Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 31,500 Total fixed manufacturing overhead cost Variable manufacturing overhead per machine- $220,500 $ 6.00 hour Recently, Job T687 was completed with the following characteristics: Number of units in the 10 job Total machine-hours 40 Direct materials $ 685 Direct labor cost $1,370 The unit product cost for Job T687 is closest to: Wimpy Inc. produces and sells a single product. The selling price of the product is $170.00 per unit and its variable cost is $68.00 per unit. The fixed expense is $344,160 per month. The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Decaprio Inc. produces and sells a single product. The company has provided its contribution format income statement for June. Sales (7,400 units) $259,000 Variable expenses 148,000 Contribution margin 111,000 Fixed expenses 87,300 Net operating income $ 23,700 If the company sells 7,600 units, its net operating income should be closest to: (Do not round intermediate calculations.) Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 31,500 Total fixed manufacturing overhead cost Variable manufacturing overhead per machine- $220,500 $ 6.00 hour Recently, Job T687 was completed with the following characteristics: Number of units in the 10 job Total machine-hours 40 Direct materials $ 685 Direct labor cost $1,370 The unit product cost for Job T687 is closest to: Wimpy Inc. produces and sells a single product. The selling price of the product is $170.00 per unit and its variable cost is $68.00 per unit. The fixed expense is $344,160 per month. The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Decaprio Inc. produces and sells a single product. The company has provided its contribution format income statement for June. Sales (7,400 units) $259,000 Variable expenses 148,000 Contribution margin 111,000 Fixed expenses 87,300 Net operating income $ 23,700 If the company sells 7,600 units, its net operating income should be closest to: (Do not round intermediate calculations.) Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 31,500 Total fixed manufacturing overhead cost Variable manufacturing overhead per machine- $220,500 $ 6.00 hour Recently, Job T687 was completed with the following characteristics: Number of units in the 10 job Total machine-hours 40 Direct materials $ 685 Direct labor cost $1,370 The unit product cost for Job T687 is closest to: Wimpy Inc. produces and sells a single product. The selling price of the product is $170.00 per unit and its variable cost is $68.00 per unit. The fixed expense is $344,160 per month. The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Decaprio Inc. produces and sells a single product. The company has provided its contribution format income statement for June. Sales (7,400 units) $259,000 Variable expenses 148,000 Contribution margin 111,000 Fixed expenses 87,300 Net operating income $ 23,700 If the company sells 7,600 units, its net operating income should be closest to: (Do not round intermediate calculations.) Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 31,500 Total fixed manufacturing overhead cost Variable manufacturing overhead per machine- $220,500 $ 6.00 hour Recently, Job T687 was completed with the following characteristics: Number of units in the 10 job Total machine-hours 40 Direct materials $ 685 Direct labor cost $1,370 The unit product cost for Job T687 is closest to: Wimpy Inc. produces and sells a single product. The selling price of the product is $170.00 per unit and its variable cost is $68.00 per unit. The fixed expense is $344,160 per month. The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Decaprio Inc. produces and sells a single product. The company has provided its contribution format income statement for June. Sales (7,400 units) $259,000 Variable expenses 148,000 Contribution margin 111,000 Fixed expenses 87,300 Net operating income $ 23,700 If the company sells 7,600 units, its net operating income should be closest to: (Do not round intermediate calculations.) Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 31,500 Total fixed manufacturing overhead cost Variable manufacturing overhead per machine- $220,500 $ 6.00 hour Recently, Job T687 was completed with the following characteristics: Number of units in the 10 job Total machine-hours 40 Direct materials $ 685 Direct labor cost $1,370 The unit product cost for Job T687 is closest to:
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wimply Inc sellingpricevanable cost 170 362 Contribution per unit 102 Pv ra tio Contikutien x lo0 ... View the full answer
Related Book For
Financial Accounting
ISBN: 978-1259103285
5th Canadian edition
Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, M
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