For year ended December 31, 2006, firm a produced and sold 12,000 units of product. Fixed expenses associated with producing the product totaled $4000 for the year. A variable cost of $3.20 per unit was incurred to produce the product
63,084 results

managerial accounting
For year ended December 31, 2006, firm a produced and sold 12,000 units of product. Fixed expenses associated with producing the product totaled $4000 for the year. A variable cost of $3.20 per unit was incurred to produce the product. Fixed expenses associated with selling ... 
accounting
During Denton Company’s first two years of operations, the company reported absorption costing net operating income as follows: Year 1 Year 2 Sales (@ $64 per unit) $ 1,216,000 $ 1,856,000 Cost of goods sold (@ $32 per unit) 608,000 928,000 Gross margin 608,000 928,000 ... 
accounting
The accounting records of NuTronics, Inc., include the following information for the year ended December 31, 2011. Dec. 31 Jan. 1 Inventory of materials $ 24,000 $ 20,000 Inventory of work in process 8,000 12,000 Inventory of finished goods 90,000 80,000 Direct materials used ... 
accounting
"Harris Company manufactures and sells a single product. A partically completed schedule of the company's total and per unit cost over the relevant range of 30,000 to 50,000 per units produced and sold are: United produced and Sold: 30,000 ; 40,000; 50,000 Total costs: ... 
accounting
The ECompany The ECompany manufactures trendy, highquality moderately priced watches that it sells on the Internet. As the company's senior financial analyst, you are asked to analyze the overall profitability fo the current year. The CFO has heard that there are two ... 
college/ accounting
The ECompany The ECompany manufactures trendy, highquality moderately priced watches that it sells on the Internet. As the company's senior financial analyst, you are asked to analyze the overall profitability fo the current year. The CFO has heard that there are two ... 
Math
The nutritionistof FLC Foods, Inc. designed a new product for everybody's consumption and believes that the variable cost in producing the said product is Php950.00 per unit and the fixed cost is Php60,000. Write the total cost as function of the product sold. If the selling ... 
FINANCE
Need help on this Study Problem. Chevy's Manufacturing has fixed costs (e.g. depreciation) of $40,000 which can be directly attributable to producing a particular product. the product sells for $2 a unit and variable costs are $1.20. What is the breakeven point in units? ... 
business math
A firm manufacture and markets a product that sells for Birr per unit .Fixed cost associated with activity total Birr 40,000 a month ,while variable cost per unit is Birr 10.A maximum of 10,000 units can be produced and sold 
MATH
11.) A company produces a product for which the variable cost is $12.30 per unit and the fixed costs are $98,000. The product sells for $17.98. Let x be the number of units produced and sold. a.) the total cost for a business is th sum of the variable cost and the fixed costs... 
accounting
6. Acme Manufacturing Company estimates factory overhead as a percentage of machine hours. On 1.1.11, Acme estimates total factory overhead of $400,000 for the year, and estimates 20,000 machine hours will be required during the year. During the year, 10,000 units of product ... 
Accounting
Adelphia Corporation, which uses absorption costing, just completed its first year of operations. Planned and actual production equaled 13,000 units, and sales totaled 11,700 units at $184 per unit. Cost data for the year are as follows: Direct material (per unit) $ 37 ... 
Accounting
Adelphia Corporation, which uses absorption costing, just completed its first year of operations. Planned and actual production equaled 13,000 units, and sales totaled 11,700 units at $184 per unit. Cost data for the year are as follows: Direct material (per unit) $ 37 ... 
accounting
Shastri Bicycle of Bombay, India, produces an inexpensive, yet rugged, bicycle for use on the city’s crowded streets that it sells for 717 rupees. (Indian currency is denominated in rupees, denoted by Picture.) Selected data for the company’s operations last year follow: ... 
accounting
ABC's Product information Current Product Expansion Product (estimate) Selling Price $14.50 $ Units produced and expected to be sold 80,000 5,000 Machine Hours 40,000 5,000 Direct Materials $1.30 per unit $5.60 per unit Direct labor dollars needed per product $2.80 per unit $4... 
accounting II
i am completely stuck on this! 5. Manufacturing statements and cost behavior Tampa Foundry began operations during the current year, manufacturing various products for industrial use. One such product is lightgauge aluminum, which the company sells for $36 per roll. Cost ... 
Finance
Chip’s Home Brew Whiskey management forecasts that if the firm sells each bottle of SnakeBite for $20, then the demand for the product will be 15,000 bottles per year, whereas sales will be 91 percent as high if the price is raised 18 percent. Chip’s variable cost per ... 
math
Dynacan Ltd. manufactured 10,000 units of product last year FC= 22,200,000,19,200,000,9,600,000,5,000,000 VC= 50,400,000,93,000,000,16,000,000,14,200,000 If unit variable costs and fixed costs remain unchanged, calculate the total cost to produce 9700 units this year. 
finance 571
Chip’s Home Brew Whiskey management forecasts that if the firm sells each bottle of SnakeBite for $20, then the demand for the product will be 15,000 bottles per year, whereas sales will be 85 percent as high if the price is raised 16 percent. Chip’s variable cost per ... 
finance
Innovation Company is thinking about marketing a new software product. Upfront cost to market and develop the product are $5 million. The product is expected to generate profits of $1 million per year for 10 years. The company will have to provide product support expected to ... 
accounting
a product sells for $200.00 p/unit and its variable cost p/unit are $130 the fixed cost are $420,000. if the firm wants to earn $35,000 pretax income, how many units must be sold? 
accounting
Shastri Bicycle of Bombay, India, produces an inexpensive, yet rugged, bicycle for use on the city’s crowded streets that it sells for 767 rupees. (Indian currency is denominated in rupees, denoted by R.) Selected data for the company’s operations last year follow: Units ... 
finance (net income)
If a firm has a breakeven point of 20,000 units and the contribution margin on the firm's single product is $3.00 per unit and fixed costs are $60,000, what will the firm's net income be at sales of 30,000 units? A. $90,000 B. $30,000 C. $15,000 D. $45,000 the firm's cost at ... 
Accounting
Starfax, Inc., manufactures a small part that is widely used in various electronic products such as home computers. Operating results for the fi rst three years of activity were as follows (absorption costing basis): In the latter part of Year 2, a competitor went out of ... 
Finance
3. Determine the operating cash flow (OCF) for Kleczka, Inc., based on the following data. (All values are in thousands of dollars.) During the year the firm had sales of $2,500, cost of goods sold totaled $1,800, operating expenses totaled $300, and depreciation expenses were... 
accounting
Shastri Bicycle of Bombay, India, produces an inexpensive, yet rugged, bicycle for use on the city’s crowded streets that it sells for 930 rupees. (Indian currency is denominated in rupees, denoted by Picture.) Selected data for the company’s operations last year follow: ... 
accounting
Walk talk manufacture a cordless telephone system . At the beginning of the financial year ending 30 Nov 2009 , the firm budgeted to make and sell 50,000 units of its only product , the NOVA at the selling price of 30 $ per unit . other budgeted information is as follows : ... 
Finance
Allison Radios manufactures a complete line of radio and communication equipment for law enforcement agencies. The average selling price of its finished product is $180 per unit. The variable cost for these same units is $126. Allison Radios incurs fixed costs of $540,000 per ... 
Finance
Problem 12.24 Your answer is incorrect. Try again. Chip’s Home Brew Whiskey management forecasts that if the firm sells each bottle of SnakeBite for $20, then the demand for the product will be 15,000 bottles per year, whereas sales will be 94 percent as high if the price ... 
Finance
Chip’s Home Brew Whiskey management forecasts that if the firm sells each bottle of SnakeBite for $20, then the demand for the product will be 15,000 bottles per year, whereas sales will be 90 percent as high if the price is raised 17 percent. Chip’s variable cost per ... 
Accounting
CollegePak Company produced and sold 60,000 backpacks during the year just ended at an average price of $20 per unit. Variable manufacturing costs were $8 per unit, and variable marketing costs were $4 per unit sold. Fixed costs amounted to $180,000 for manufacturing and $72,... 
college finite math
A product may be made using Machine I or Machine II. The manufacturer estimates that the monthly fixed costs of using Machine I are $17,000, whereas the monthly fixed costs of using Machine II are $14,000. The variable costs of manufacturing 1 unit of the product using Machine... 
Finance
Innovation Company is thinking about marketing a new software product. Upfront cost to market and develop the product are $5 million. The product is expected to generate profits of $1 million per year for 10 years. The company will have to provide product support expected to ... 
managerial accounting
Using the data below please do the following in an Excel spreadsheet and email it directly to me. 1. Prepare an income statement using variable costing (25 points) 2. Compute the unit product cost under both absorption and variable costing (10 points) 3. If net income under ... 
business
consider a four year project with the following information: initial fixed asset investment=420,000;starightline depriciation to zero over the four year life; zero salavage value; price=25; variable cost=16; fixed cost=180,000; quantity sold=75,000 units; tax rate= 34 percent... 
math
Chip’s Home Brew Whiskey management forecasts that if the firm sells each bottle of SnakeBite for $20, then the demand for the product will be 15,000 bottles per year, whereas sales will be 91 percent as high if the price is raised 11 percent. Chip’s variable cost per ... 
finance
Chip’s Home Brew Whiskey management forecasts that if the firm sells each bottle of SnakeBite for $20, then the demand for the product will be 15,000 bottles per year, whereas sales will be 91 percent as high if the price is raised 11 percent. Chip’s variable cost per ... 
please help
1.suppose that the demand forecast indicate that 1800 units of the product can be sold. the fixed cost is $3,000, the variable cost is $2 for each unit product and selling price $10 per unit. the decision to produce and sell 1800 units in a projected profit of? 2. waht is the ... 
Managerial Economics
Suppose that a firm is currently employing 10 workers, the only variable input, at a wage rate of $100. The average physical product of labor is 25, the last worker added 10 units to total output, and total fixed cost is $5,000. a. What is marginal cost? b. What is average ... 
Managerial ECON
Suppose that a firm is currently employing 10 workers, the only variable input, at a wage rate of $100. The average physical product of labor is 25, the last worker added 10 units to total output, and total fixed cost is $5,000 a. What is marginal cost? b. What is average ... 
college statistic and algebra
1.suppose that the demand forecast indicate that 1800 units of the product can be sold. the fixed cost is $3,000, the variable cost is $2 for each unit product and selling price $10 per unit. the decision to produce and sell 1800 units in a projected profit of? 2. what is the ... 
Introduction programing visual basic
break even analysis. suppose a certain product sells for a dollars per unit. then the revenue from selling x units of the product is ax dollars if the cost of producting each unit of the product is b dollars and the company has overhead cost of c dollars then the total cost of... 
Math
A hair product company sells three types of hair products for $30, $20, and $10 per unit. In one year, the total revenue for the three products was $800,000, which corresponded to the sale of 40,000 units. The company sold half as many units of the $30 product as units of the... 
MATHS
A company is a monopolist. The demand function for its product is as follows: Q = 60 – 0.4P + 6Y + 2A Where Q = quantity sold in units P = Price per unit Y = per capita disposal income (thousands of dollars) A = hundreds of dollars of advertising expenditures The firm’s ... 
math
In 2014, Timmers, Inc. (a retail clothing company) sold 102,300 units of its product at an average price of $100.00 per unit. The company reported estimated returns and allowances in 2014 of 1.5 percent of gross revenue. Timmers actually purchased 109,500 units of its product ... 
Financial management
On December 31 of last year, Wolfson Corporation had in inventory 400 units of its product, which cost $21 per unit to produce. During January, the company produced 800 units at a cost of $24 per unit. Assuming that Wolfson Corporation sold 700 units in January, what was the ... 
economic math
Imagine that you own a small business and that you have to decide how much of your product to sell every year, and which technology to use to produce it. Your market research suggests that the price at which you will be able to sell each unit of your product is given by 200&#... 
economics
a firm is planning to manufacture a new product. the sales department estimates the quanity that can be sold depends on the selling price. as the selling price is increased, the quantity that can be sold decreases. they estimate: P=$350.02Q where P=selling price/unit and Q=... 
economics
a firm is planning to manufacture a new product. the sales department estimates the quanity that can be sold depends on the selling price. as the selling price is increased, the quantity that can be sold decreases. they estimate: P=$350.02Q where P=selling price/unit and Q=... 
math
The daily cost C, in RM, of producing a product is C(x)=1000+72x0.06x^2 (0 more & equal x less & equal 60) where x represents the number of product produced. a) Find the daily cost of producing 50 units b) Find the marginal cost function. c) Find C’(50) and interpret its ... 
Cost Accounting
The accounting records of Nutonics Inc., include the following information for the year ended December 31, 2013: Materials Inventory as at 1 January 2013 $ 20,000 Materials Inventory as at 31 December 2013 $ 24,000 Work in process Inventory as at 1 January 2013 $ 12,000 Work ... 
Cost Accounting
The accounting records of Nutonics Inc., include the following information for the year ended December 31, 2013: Materials Inventory as at 1 January 2013 $ 20,000 Materials Inventory as at 31 December 2013 $ 24,000 Work in process Inventory as at 1 January 2013 $ 12,000 Work ... 
Cost Accounting
The accounting records of Nutonics Inc., include the following information for the year ended December 31, 2013: Materials Inventory as at 1 January 2013 $ 20,000 Materials Inventory as at 31 December 2013 $ 24,000 Work in process Inventory as at 1 January 2013 $ 12,000 Work ... 
Math  Finance
Product A This product will take 2 years to develop, at a cost of $100,000 in the first year (Yr 0) and $50,000 in the second. Revenue (benefits) in subsequent years is expected to be $100,000 per year. Product B This product will only take a year (Yr 0) to develop, at a cost ... 
lehman
Hair Products A hair product company sells three types of hair products for $30, $20, and $10 per unit. In one year, the total revenue for the three products was $800,000, which corresponded to the sale of 40,000 units. The company sold half as many units of the $30 product as... 
math
Product A This product will take 2 years to develop, at a cost of $100,000 in the first year (Yr 0) and $50,000 in the second. Revenue (benefits) in subsequent years is expected to be $100,000 per year. Product B This product will only take a year (Yr 0) to develop, at a cost ... 
math
Product A This product will take 2 years to develop, at a cost of $100,000 in the first year (Yr 0) and $50,000 in the second. Revenue (benefits) in subsequent years is expected to be $100,000 per year. Product B This product will only take a year (Yr 0) to develop, at a cost ... 
Finance
What is the projects initial outlay? Should the project be accepted why or why not? New Caledonia Problem 35% tax bracket 12% discount rate Cost of new plant $9,000,000.00 Shipping and $350,000.00 Sales: Year Sales 1 125,000 units 2 140,000 units 3 190,000 units 4 150,000 ... 
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 variable costs and expenses per unit were: ... 
Business Finance
Immediate help needed for the following two questions: 1512A. (Breakeven point) You are a hardworking analyst in the office of financial operations for a manufacturing firm that produces a single product. You have developed the following cost structure information for this ... 
accrual basis accounting vs. cash accounting basis
Can someone please check my answers to the following problem. Jack Eagles, a CPA, keeps his accounting records for his practice on the cash basis. During the current year, his clients paid $750,000 in the accounting and tax fees of which $5,000 was paid for work to be done ... 
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 variable costs and expenses per unit were: ... 
Managerial Accounting, MBA
A company produces a single product. Variable production costs are $12 per unit and variable selling and administrative expenses are $3 per unit. Fixed manufacturing overhead totals $36,000 and fixed selling and administrative expenses total $40,000. Assuming a beginning ... 
accounting
The following information relates to Vice Versa Ventures for calendar year 20XX, the company’s first year of operations: Units produced 20,000 Units sold 17,000 Selling price per unit $35 Direct material per unit $5 Direct labor per unit $5 Variable manufacturing overhead ... 
accounting
The following information relates to Vice Versa Ventures for calendar year 20XX, the company’s first year of operations: Units produced 20,000 Units sold 15,000 Selling price per unit $30 Direct material per unit $5 Direct labor per unit $5 Variable manufacturing overhead ... 
Economics
Suppose that a firm is currently employing 30 workers, the only variable input, at a wage rate of $60. The average product of labor is 30, the last worker added 12 units to total output, and total fixed cost is: $3,600. a. What is marginal cost? b. What is average variable ... 
Economics
Suppose that a firm is currently employing 30 workers, the only variable input, at a wage rate of $60. The average product of labor is 30, the last worker added 12 units to total output, and total fixed cost is: $3,600. a. What is marginal cost? b. What is average variable ... 
Account
Here is my question, please help!!! 5. Assume that Z company's chief financial officer gave you the following information: net sales, $3,800,000; cost of goods sold, $2,100,000; extraordinary gain (net of income taxes of of $7,000), $25,000; loss from discontinued operations (... 
cost accounting
market a new product for 2.00 a unit. fixed costs to manufacture this product are 100,000. the contribution margin is 40 percent. how many units must be sold to realize net income of 100,00 from this product? 
accounting
BLT produces plastic that is used for injection molding applications such as gears for small motors. In 2012, the first year of operations, BLT produced 6,492 tons of plastic and sold 5,410 tons. In 2013, the production and sales results were exactly reversed. In each year, ... 
Econ Help if you can :P
Approximately 14 million Americans are addicted to drugs and alcohol. The federal government estimates that these addicts cost the U.S. economy $300 billion in medical expenses and lost productivity. Despite the enormous potential market, many biotech companies have shied away... 
Math
Forecasting revenue and costs With the help of your chief financial officer (CFO), you have put together the following preliminary budget figures based on last year's numbers for a planned production and sales level of 4,000 units per month: Building depreciation $200,000/yr. ... 
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 variable costs and expenses per unit were: ... 
operations management
A company requires 5,000 units of a product in a single year. It costs them $100 per order for expenses such as transportation and communication. If the product is carried in inventory, the carrying cost equals 1% of the price of the product for every month that a single unit ... 
accounting
Eddings Company had a beginning inventory of 400 units of Product XNA at a cost of $8.00 per unit. During the year, purchases were: Feb. 20 600 units at $9 Aug. 12 300 units at $11 May 5 500 units at $10 Dec. 8 200 units at $12 Eddings Company uses a periodic inventory system... 
math
Eddings Company had a beginning inventory of 400 units of Product XNA at a cost of $8.00 per unit. During the year, purchases were: Feb. 20 600 units at $9 May 5 500 units at $10 Aug. 12 300 units at $11 Dec. 8 200 units at $12 Eddings Company uses a periodic inventory system... 
economics
You are the manager of a firm that receives revenues of $40,000 per year from product X and $90,000 per year from product Y. The own price elasticity of demand for product X is 1.5, and the crossprice elasticity of demand between product Y and X is 1.8. How much will your ... 
Econ
You are the manager of a firm that receives revenues of $40,000 per year from product X and $90,000 per year from product Y. The own price elasticity of demand for product X is 1.5, and the crossprice elasticity of demand between product Y and X is 1.8. How much will your ... 
Economics (Net Present Value
Approximately 14 million Americans are addicted to drugs and alcohol. The federal government estimates that these addicts cost the U.S. economy $300 billion in medical expenses and lost productivity. Despite the enormous potential market, many biotech companies have shied away... 
Economics/Math
In a perfectly competitive industry, the market price is $25. A firm is currently producing 10,000 units of output, its average total cost is $28, its marginal cost is $20, and its average variable cost is $20. Given these facts, explain whether the following statements are ... 
Accounting
Below is budgeted production and sales information for Flushing Company for the month of December: Product XXX Product ZZZ Estimated beginning inventory 30,000 units 18,000 units Desired ending inventory 34,000 units 17,000 units Region I, anticipated sales 320,000 units 260,... 
Finance
Given: Jay Letterman has just (year: 2012) become product manager for Avenir. Avenir is a consumer product with a unit retail price of $1.00. Retail margins on the product are 33%, while wholesalers take a 12% margin. Avenir and its direct competitors sell a total of 20 ... 
accounting
Pattillo Industries makes a product that sells for $25 a unit. The product has a $5 per unit variable cost and total fixed costs of $9,000. At budgeted sales of 1,000 units, the margin of safety percentage is 45%, 55%, 64%, none of these 
quantitative methods II
A firm that produces car components has a fixed costs of $ 40,000 per month and a variable cost of $ 24 per component.it sells its product at a price of $ 44 per component,regardless of the number of units sold. (i)find the breakeven level of monthly output. (ii) at what ... 
BreakEven Analysis
Given: Jay Letterman has just (year: 2012) become product manager for Avenir. Avenir is a consumer product with a unit retail price of $1.00. Retail margins on the product are 33%, while wholesalers take a 12% margin. Avenir and its direct competitors sell a total of 20 ... 
MicroEconomics
A firm currently uses 50,000 workers to produce 120,000 units of output per day. The daily wage per worker is $100, and the price of the firm's output is $48. The cost of other variable inputs is $400,000 per day. (Note: Assume that output is constant at the level of 120,000 ... 
Math
3. The costs of doing business for a company can be found by adding fixed costs, such as rent, insurance, and wages, and variable or suppliers costs, which are the costs to purchase the product you are selling. The portion of the company’s fixed costs allotted to this ... 
Business
A firm currently uses 50,000 workers to produce 120,000 units of output per day. The daily wage per worker is $100, and the price of the firm's output is $48. The cost of other variable inputs is $400,000 per day. (Note: Assume that output is constant at the level of 120,000 ... 
economics
A firm currently uses 40,000 workers to produce 180,000 units of output per day. The daily wage per worker is $100, and the price of the firm's output is $28. The cost of other variable inputs is $500,000 per day. (Note: Assume that output is constant at the level of 180,000 ... 
Accounting
For the past year, Hornbostel Company had fixed costs of $6,552,000, a unit variable cost of $444, and a unit selling price of $600. For the coming year, no changes are expected in revenues and costs, except that a new wage contract will increase variable costs by $6 per unit... 
finance
onsider a fouryear project with the following information: initial fixed asset investment = $570,000; straightline depreciation to zero over the fouryear life; zero salvage value; price = $30; variable costs = $22; fixed costs = $210,000; quantity sold = 87,000 units; tax ... 
MATH
The cost to manufacture a product is proportional to the quantity produced, with a cost of $270000 dollars per day when 900 items are produced. The cost to store n items is proportional to the square of n, with a daily storage cost of $6480 dollars when 900 items are stored. ... 
Finance accounting
Eddings Company had a beginning inventory of 400 units of Product XNA at a cost of $8.00 per unit. During the year, purchases were: Feb. 20 600 units at $9 Aug. 12 300 units at $11 May 5 500 units at $10 Dec. 8 200 units at $12 Eddings Company uses a periodic inventory system... 
Economics
Consider the production function Q= 20K^(1/2)L^(1/2). The firm operates in the short run with 16 units of capital. a. The firm's shortrun production function is Q=? b. The average product of labor function is AP=? c. The marginal product of labor function is MP=? d. Show that... 
Marketing
Explain why fixed and variable costs per unit decline as sales volume increases. Suppose a company had a variable cost/unit of $20 at a cumulative volume of 20,000 units. What would be their approximate variable cost per unit when they had produced 40,000 units? For example: ... 
advanced math
The marginal cost of a product can be thought of as the cost of producing one additional unit of output. For example, if the marginal cost of producing the 50th product is $6.20, it cost $6.20 to increase productionn from 49 to 50 units of output. Suppose the marginal cost C(... 
microeconomics
A firm currently uses 40,000 workers to produce 180,000 units of output per day. The daily wage per worker is $100, and the price of the firm's output is $28. The cost of other variable inputs is $500,000 per day. (Note: Assume that output is constant at the level of 180,000 ... 
math
The marginal cost function is given by dc/dq=0.08q^21.8q+2.5 where c is the total cost in producing q units of product. The fixed cost is 5000. Find the total cost for producing 1000 units 
managerial acct
Need help with this problem. Please show me how to work this one: The level of inventory of a manufactured product has increased by 8,000 units during a period. The following data are also available Unit manufacturing costs of the period: Variable: $24 Fixed: $10 Unit ... 
accounting
In addition, assume that AnheuserBusch InBev sold 200 million barrels of beer during the year. Assume that variable costs were 75% of the cost of goods sold and 40% of selling, general and administration expenses. Assume that the remaining costs are fixed. For the following ...