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1. a business operated at !00% of capacity during its first month and incurred the following costs
production costs (10,000 units )
direct materials 90,000
direct labor 120,000
variable factory overhead 140,000
fixed factory overhead 50,000 400,000
operating expenses :
variable operating expenses
variable operating expenses 65,000
fixed operating expenses 25,000 90,000

if 800 units remain unsold at the end of the month, what is the amount of inventory that would be reported on the absorption costing balance sheet?

2. a business operated at 100% of capcity during its first month and incurred the following costs
production costs (2,500)
direct materials 42,500
direct labor 85,000
variable factory overhead 47,5000
fixed factory overhead 12,500 187,500
operating expenses
variable operating expenses 15,000
fixed operating expenses 4,5000 19,500
if 75 units remain unsold at the end of the month, what is the amount of inventory that would be reported on the absorption costing balance sheet.

3. a business operated at 100% of capacity during its first month, and incurred the following costs
production costs (10,000 units ) 170,000
direct materials 340,000
direct labor 190,000
fixed factory overhead 50,000 750,000
operating expenses
variable operating expense 60,000
fixed operating expenses 18,000 78,000
if 300 units remain unsold at the end of the month , what is the amount of inventory that would be reported on the variable balance sheet?

4. a business operated at 100% of capacity during its first month and incurred the following costs .
production costs (10,000 units )
direct materials 140,000
direct labor 40,000
variable factory overhead 20,000
fixed factory overhead 4,000 204,000
operating expenses
variable operating expenses 34,000
fixed operating expenses 2,0000 36,000
if 2,000 units remain unsold at the end of the month and sales total 300,000 for the month what would be the amount of income from operations reported on the variable costing income statement?

5. a business operated at 100% of capacity during its first month and incurred the following costs
production costs (5,000units )
direct materials 70,000
direct labor 20,000
variable factory overhead 10,000
fixed factory overhead 2,000 102,000
operating expenses
variable operating expenses 17,000
fixed operating expenses 1,000 18,000
if 1,000 units remain unsold at the end of the month and sales total 150,000 for the month, what would be amount of income from operations reported on the absorption costing income statement?

6. a business operated at 100% of capacity during its first month and incurred the following costs
production costs (10,000 units )
direct materials 140,000
direct labor 40,000
variable factory overhead 20,000
fixed factory overhead 4,000 204,000
operating expenses
variable operating expenses 34,000
fixed operating expenses 2,000 36,000
if 2,000 units remain unsold at the end of the month and sales total 300,000 for the month, what is the amount of the manufacturing margin that would be reported on the variable costing income statement ?

7. a business operated at 100% of capacity during its first month and incurred the following cost
production (5,000 units )
direct materials 70,000
direct labor 20,000
variable factory overhead 10,000
fixed factory overhead 2,000 102,000
operating expenses
variable operating expenses 17,000
fixed operating expenses 1,000 18,000
if 1,000 units remain unsold at the end of the month and sales total 150,000 for the month , what is the amount of manufacturing margin that would be reported on the absorption costing income statement ?

8. a business operated at 100% of capacity during tis first month, with the following results
sales (80 units ) 80,000
production costs (100units )
direct materials 50,000
direct labor 10,000
variable factory overhead 5,000
fixed factory overhead 2,000 67,000
operating expenses
variable operating expenses 6,000
fixed operating expenses 1,000 7,000
what is the amount of the contribution margin that would be reported on the variable costing income statement ?

9. a business operated at 100% of capacity during tis first month , with the following results
sales (80 units ) 80,000
production costs (100units )
direct materials 50,000
direct labor 10,000
variable factory overhead 5,000
fixed factory overhead 2,000 67,000
operating expenses
variable operating expenses 6,000
fixed operating expenses 1,0000 7,000
what is the amount of the gross profit that would be reported on the absorption costing income statement?

10. if variable cost of goods sold totaled 80,000 for the year ( 16,000 units at 5 each) and the planned variable costs of goods sold totaled 84,000 ( 15,000 units at 5.60) the effect of the unit cost factor on the change in variable cost of goods sold is ?

11. if variable selling and administrative expenses totaled 120,000 for the year (80,000 units at 1.50 each) and planned variable selling and administrative expenses totaled 120,900 ( 78,000 units at 1.55 each) the effect of the quantity factory on the change in variable selling and administrative expenses is ?

12 if variable selling and administrative expenses totaled 120,000 for the year (80,000 units at 1.50 each) and the planned variable selling and administrative expenses totaled 120,900 (78,000 units at 1.55 each) the effect of the unit cost factor on the change in variable selling and administrative expense is

13. if sales totaled 800,000 for the year (80,000 units at 10 each) and the planned sales totaled 819,000 (78,000 units at 10.50) the effect of the unit price factor on the change in sales is ?

14. if sales totaled 800,000 for the year ( 80,000 units at 10 each) and planned sales totaled 819,000 (78,000 units at 10.50) the effect of the quantity factor on the change in sales is ?