Khanam Corporation, which has only one product, has provided thefollowing data concerning its most recent month of operations:
Sellingprice $149 Units in beginninginventory 1,150 Units produced 9,050 Units sold 9,150 Units in endinginventory 1,050 Variable costs perunit: Directmaterials $33 Directlabor $50 Variablemanufacturing overhead $14 Variableselling and administrative $24 Fixed costs: Fixedmanufacturing overhead $72,400 Fixedselling and administrative $165,400
The company produces the same number of units every month,although the sales in units vary from month to month. The company'svariable costs per unit and total fixed costs have been constantfrom month to month.
What is the net operating income for the month under variablecosting?
Khanam Corporation, which has only one product, has provided thefollowing data concerning its most recent month of operations: |
| Sellingprice | $149 |
| Units in beginninginventory | 1,150 |
| Units produced | 9,050 |
| Units sold | 9,150 |
| Units in endinginventory | 1,050 |
| Variable costs perunit: | |
| Directmaterials | $33 |
| Directlabor | $50 |
| Variablemanufacturing overhead | $14 |
| Variableselling and administrative | $24 |
| Fixed costs: | |
| Fixedmanufacturing overhead | $72,400 |
| Fixedselling and administrative | $165,400 |
The company produces the same number of units every month,although the sales in units vary from month to month. The company'svariable costs per unit and total fixed costs have been constantfrom month to month. |
What is the net operating income for the month under variablecosting?
Related questions
Keyser Corporation, which has only one product, has provided thefollowing data concerning its most recent month of operations:
| Selling price | $ | 133 | |
| Units in beginninginventory | 950 | ||
| Units produced | 8,850 | ||
| Units sold | 8,950 | ||
| Units in ending inventory | 850 | ||
| Variable costs per unit: | ||
| Direct materials | $ | 29 |
| Direct labor | $ | 46 |
| Variable manufacturingoverhead | $ | 10 |
| Variable selling andadministrative expense | $ | 20 |
| Fixed costs: | ||
| Fixed manufacturingoverhead | $ | 70,800 |
| Fixed selling and administrativeexpense | $ | 164,200 |
The company produces the same number of units every month,although the sales in units vary from month to month. The company'svariable costs per unit and total fixed costs have been constantfrom month to month.
What is the net operating income for the month under variablecosting?
A manufacturing company that produces a single product hasprovided the following data concerning its most recent month ofoperations: |
| Units in beginninginventory | 0 |
| Units produced | 4,400 |
| Units sold | 4,300 |
| Units in endinginventory | 100 |
Variable costs per unit:
| Directmaterials | $ | 49 |
| Direct labor | $ | 51 |
| Variable manufacturingoverhead | $ | 14 |
| Variable selling andadministrative | $ | 12 |
Fixed costs:
| Fixedmanufacturing overhead | $ | 92,400 |
| Fixed selling andadministrative | $ | 43,000 |
What is the variable costing unit product cost for the month?
$126 per unit
$147 per unit
$114 per unit
$127 per unit
A company produces a single product. Variable production costsare $13.3 per unit and variable selling and administrative expensesare $4.3 per unit. Fixed manufacturing overhead totals $49,000 andfixed selling and administration expenses total $53,000. Assuming abeginning inventory of zero, production of 5,300 units and sales of4,250 units, the dollar value of the ending inventory undervariable costing would be: |
$13,965
$23,415
$18,480
$9,450
A manufacturing company that produces a single product hasprovided the following data concerning its most recent month ofoperations: |
| Selling price | $150 |
| Units in beginninginventory | 150 |
| Units produced | 7,300 |
| Units sold | 6,900 |
| Units in endinginventory | 550 |
| Variable cost perunit: | |
| Directmaterials | $48 |
| Direct labor | $43 |
| Variablemanufacturing overhead | $8 |
| Variable selling andadministrative | $4 |
| Fixed costs: | |
| Fixed manufacturingoverhead | $233,600 |
| Fixed selling andadministrative | $82,800 |
What is the total period cost for the month under variablecosting? |
$233,600
$110,400
$316,400
$344,000
A manufacturing company that produces a single product hasprovided the following data concerning its most recent month ofoperations: |
| Selling price | $135 |
| Units in beginninginventory | 0 |
| Units produced | 2,770 |
| Units sold | 2,550 |
| Units in endinginventory | 220 |
| Variable cost perunit: | |
| Directmaterials | $49 |
| Direct labor | $16 |
| Variablemanufacturing overhead | $13 |
| Variable selling andadministrative | $12 |
| Fixed costs: | |
| Fixed manufacturingoverhead | $94,180 |
| Fixed selling andadministrative expenses | $17,850 |
The total gross margin for the month under absorption costingis: |
$58,650
$10,200
$103,950
$114,750
Brummitt Corporation has two divisions: the BAJ Division and theCBB Division. The corporation's net operating income is $11,500.The BAJ Division's divisional segment margin is $80,100 and the CBBDivision's divisional segment margin is $45,500. What is the amountof the common fixed expense not traceable to the individualdivisions? |
$91,600
$114,100
$57,000
$125,600
Quinnett Corporation has two divisions: the Export ProductsDivision and the Business Products Division. The Export ProductsDivision's divisional segment margin is $44,300 and the BusinessProducts Division's divisional segment margin is $96,700. The totalamount of common fixed expenses not traceable to the individualdivisions is $111,600. What is the company's net operatingincome? |
$252,600
$141,000
$29,400
($141,000)
Aaker Corporation, which has only one product, has provided thefollowing data concerning its most recent month of operations: |
| Sellingprice | $167 |
| Units in beginninginventory | 0 |
| Units produced | 7,150 |
| Units sold | 6,850 |
| Units in endinginventory | 300 |
| Variable costs perunit: | |
| Directmaterials | $29 |
| Directlabor | $59 |
| Variablemanufacturing overhead | $23 |
| Variableselling and administrative | $23 |
| Fixed costs: | |
| Fixedmanufacturing overhead | $193,050 |
| Fixedselling and administrative | $29,100 |
What is the unit product cost for the month under variablecosting?
$134 per units
$161 per units
$138 per units
$111 per units
