Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 6 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 31 Mar 2018 My Price 8.00

oT operauon Toliow

years oT operauon Toliow 2016 2017 Sales ($46 per unit) Cost of goods sold ($31 per unit) Gross margin Selling and administrative expenses Net income $920,000 $1,840,000 620,000 1,240,000 600,000 340,000 10,000 260,000 300,000 290,000 Additional Information a. Sales and production data for these first two years follow. 2016 2017 Units produced Units sold 20,000 40,000 30,000 30,000 b. Variable cost per unit and total fixed costs are unchanged during 2016 and 2017. The companys $31 per unit product cost consists of the following Direct materials Direct labor Variable overhead Fixed overhead ($300,000/30,000 units) Total product cost per unit 10 $31 c. Selling and administrative expenses consist of the following 2016 2017 Variable selling and administrative expenses ($2.50 per unit) Fixed selling and administrative expenses Total selling and administrative expenses 50,000 $100,000 240,000 240, 000 $290,000 $340,000 equired . Complete income statements for the company for each of its first two years under variable costing. (Loss amounts

years oT operauon Toliow 2016 2017 Sales ($46 per unit) Cost of goods sold ($31 per unit) Gross margin Selling and administrative expenses Net income $920,000 $1,840,000 620,000 1,240,000 600,000 340,000 10,000 260,000 300,000 290,000 Additional Information a. Sales and production data for these first two years follow. 2016 2017 Units produced Units sold 20,000 40,000 30,000 30,000 b. Variable cost per unit and total fixed costs are unchanged during 2016 and 2017. The company's $31 per unit product cost consists of the following Direct materials Direct labor Variable overhead Fixed

Answers

Maurice Tutor
(5)
Status NEW Posted 31 Mar 2018 01:03 PM My Price 8.00

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