Total cost and number of units in the first seven months of 2020 are given below. According to this information, which of the following will be total cost in August if the company produces 600 units? Periods Total Cost No.of Units 400 January February 36,800 37,580 415 March 39,400 450 April 40,960 480 May 42,260 505 June 43,820 535 July 44,860 555 Select one: O a. 48000 O b. 47200 O c. 53650 O d. 51350
Q: Total cost and number of units in the first seven months of 2020 are given below. According to this…
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Q: Total cost and number of units in the first seven months of 2020 are given below. According to this…
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Q: Total cost and number of units in the first seven months of 2020 are given below. According to this…
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A: Formula:
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- For XYZ Company, how many units of their product would have to be sold to yield a target operating income of $46,000 for the financial year ending 2021, assuming variable costs are $50 per unit, total fixed costs are $4,000, and the unit selling price is $60? O a. 400 units O b. 4,600 units Ос. 1,000 units O d. 5,000 unitsFrey Auto makes and sells batteries. In 2020, it made 90,000 batteries and sold 54,000 of them, at an average selling price of $65 per unit. The following additional information relates to Frey Auto for 2020 (Click the icon to view the additional information) What is Frey Auto's inventoriable cost per unit using (a) variable costing, and (b) absorption costing? (Round intermediary and final calculations to the nearest cent. $XXXXX) Frey Auto's inventoriable cost per unit using (a) variable costing is COFFEEAssume XYZ Company intends to produce 20000 units next month. Calculate total production costs for the next month if fixed cost is 18000 OMR Total Variable cost 100000 OMR and the Units produced is 10000 Units in the current month. Select one: O a. 200000 OMR O b. 210000 OMR O c. 250000 OMR O d. 218000 OMR
- For XYZ Company , how many units of their product would have to be sold to yield a target operating income of $92,000 for the financial year ending 2021, assuming variable costs are $50 per unittotal fixed costs are \$8, , and the unit selling price is $60 ? a. 800 units b. 2,000 units c. 10,000 units d. 9,200 unitsPitta Manufacturing incurred the following expenses during 2020: Fixed manufacturing costs Fixed nonmanufacturing costs Unit selling price Total unit cost Variable manufacturing cost rate Units produced What is the breakeven point in units using absorption costing if the units produced are actually 2,240? (Round your final answer up to the next whole unit.) OA. 709 units $120,000 $90,000 $250 $120 $40 1,370 units B. 1,000 units C. 1,294 units D. 913 unitsAdditional data: Selling and Administrative expenses are 60% fixed and 40% variable A. What is the net income for 2020 under the variable costing method? B. What is the net income for 2020 under the absorption costing method? C. What is the net income for 2021 under the absorption costing method?
- The following information are available for X Corp: (The company uses actual costing). What is the Profit in 2020 under variable costing? 2019 Beginning Inventory None Production 10,000 units Ending Inventory 3,500 units Sales at 2 per unit ?? Variable Mfg cost in total pesos 7,500 Fixed Mfg cost 5,000 OPEX (50% FC) 4,500 2020 Beginning Inventory ?? Production 9,000 units Ending Inventory 1,000 units Sales at 2 per unit ?? Variable Mfg cost in total pesos ?? Fixed Mfg cost 5,400 (increased by 400 for change of total FC of the company) OPEX (50% FC) 7,500For XYZ Company, how many units of their product would have to be sold to yield a target operating income of $46,000 for the financial year ending 2021, assuming variable costs are $35 per unit, total fixed costs are $4,000, and the unit selling price is $60? O a. 1,800 units O b. 2,000 units Oc. 160 units O d. 1,429 units E PAGE FINISH ATTEMPT ... re to search W A GD 4 d4) ENG O go) 19:12 07-04-2021 hp ort sc delete home end pg up 96 & 8 - backspace num lock R 8 A home F G н K enter 5 0 B M pause ↑ shift 2 end alt ctrl insThe following information are available for X Corp: (The company uses actual costing). What is the Profit in 2019 under absorption costing? 2019 Beginning Inventory None Production 10,000 units Ending Inventory 3,500 units Sales at 2 per unit ?? Variable Mfg cost in total pesos 7,500 Fixed Mfg cost 5,000 OPEX (50% FC) 4,500 2020 Beginning Inventory ?? Production 9,000 units Ending Inventory 1,000 units Sales at 2 per unit ?? Variable Mfg cost in total pesos ?? Fixed Mfg cost 5,400 (increased by 400 for change of total FC of the company) OPEX (50% FC) 7,500
- For XYZ Company, how many units of their product would have to be sold to yield a target operating income of $46,000 for the financial year ending 2021, assuming variable costs are $50 per unit, total fixed costs are $4,000, and ?the unit selling price is $60 units 5,000 .a O units 400 b O units 4,600 .c O units 1,000 .d Oc) Assuming sales of 5,000 units, prepare a contribution margin income statement for the year ended December 31, 2020, detailing the components of total variable costs and total fixed costs, and clearly showing contribution and net income. d) Assuming sales of 5,000 units, calculate Buggs-Off break-even point and margin of safety in units and sales dollars.Additional information for No.'s 1 and 4 Selling and administrative expenses are 60% fixed and 40% variable What is the net income for 2020 under the Variable Costing Method? What is the net income for 2020 under the Absorption Costing Method? What is the net income for 2021 under the Variable Costing Method? What is the net income for 2021 under the Absorption Costing Method?