accounting

Computing Markups
The predicted 2009 costs for Osaka Motors are as follows:
Manufacturing Costs
Selling and Administrative Costs
Variable
$100,000
Variable
$300,000
Fixed
230,000
Fixed
200,000

  1. 👍 0
  2. 👎 0
  3. 👁 129

Respond to this Question

First Name

Your Response

Similar Questions

  1. Managerial Accounting

    Gardner Manufacturing Company produces a product that sells for $120. A selling commission of 10% of the selling price is paid on each unit sold. Variable manufacturing costs are $60 per unit. Fixed manufacturing costs are $20 per

    asked by Jhoan on April 16, 2014
  2. ACCOUNTING

    Gardner Manufacturing Company produces a product that sells for $120. A selling commission of 10% of the selling price is paid on each unit sold. Variable manufacturing costs are $60 per unit. Fixed manufacturing costs are $20 per

    asked by DIANE on January 26, 2013
  3. ACCOUNTING

    Gardner Manufacturing Company produces a product that sells for $120. A selling commission of 10% of the selling price is paid on each unit sold. Variable manufacturing costs are $60 per unit. Fixed manufacturing costs are $20 per

    asked by DIANE on January 28, 2013
  4. Accounting

    Candace Corporation has decided to introduce a new product that can be manufactured using either a capital-intensive method or a labour-intensive method. The predicted manufacturing costs for each method are as follows:

    asked by Flo on August 16, 2010
  5. Accounting

    Montana Company produces basketballs. It incurred the following costs during the year. Direct materials: $14,032 Direct Labor: $25,706 Fixed manufacturing overhead: $9,698 Variable manufacturing overhead: $32,164 Selling Costs:

    asked by Joy on November 1, 2013
  1. Accounting

    Average total assets for 2009 are predicted to be $8,000,000. (a) If management desires a 11 percent rate of return on total assets, what are the markup percentages for total variable costs and for total manufacturing costs?

    asked by Anonymous on November 20, 2018
  2. ACC

    someone help me with this questions please 1. How would the following costs be classified (product or period) under variable costing at a retail clothing store? Cost of purchasing clothing Sales commissions A) Product Product B)

    asked by matt on November 16, 2007
  3. ACC

    A reason why absorption costing income statements are sometimes difficult for the manager to interpret is that: A)they omit variable expenses entirely in computing net operating income. B)they shift portions of fixed manufacturing

    asked by matt on November 16, 2007
  4. accounting

    True/Falses 1. Period costs are not considered when costing products for inventory. 2. All direct labor costs during a period of time should be considered product costs and should be temporarily accumulated in the work in process

    asked by john on February 15, 2008
  5. accounting

    This year , Kirby company sold 35,000 units of production at $16 per unit. Maunfactoring and selling the product required $120,000 of mixed manufacturing costs and $180,000 of fixed selling and administrative expenses. This years

    asked by damara on August 22, 2007

More Similar Questions