Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
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: 402 Weeks Ago, 4 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

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

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 24 Jul 2017 My Price 8.00

Kellen Company

Kellen Company manufactures stackable plastic cubes that are used for storage in dorm rooms. In August 2008, Kellen began producing multicolored cubes. During the month of August, 9,000 were produced, and 8,800 were sold at $7.50 each. The following costs were incurred:
Direct materials ………………..$10,800
Direct labor ………………………6,750
Variable overhead ………………..5,850
Fixed overhead …………………27,900
A selling commission of 10 percent of sales price was paid. Administrative expenses, all fixed, amounted to $23,000.

Required:
1. Calculate the unit cost and the cost of ending inventory under absorption costing.
2. Calculate the unit cost and the cost of ending inventory under variable costing.
3. What is the contribution margin per unit?
4. Kellen believes that multicolored cubes will really take off after one year of sales. Management thinks August, 2009 sales will be twice as high as August, 2008 sales. Prepare an income statement for August, 2009 using the assumed higher level of sales. Which costing method should be used – absorption costing or variable costing?

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Jul 2017 05:07 PM My Price 8.00

Hel-----------lo -----------Sir-----------/Ma-----------dam----------- Â-----------  -----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------sol-----------uti-----------on.-----------Ple-----------ase----------- pi-----------ng -----------me -----------on -----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be----------- ca-----------tch-----------

Not Rated(0)