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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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picture1 and picture2 are ONE part. all the information and Requirements are in the picture
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
Transcribed Image Text:Company A has the following information of its costs and production and price for the year 2001-2010
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
BWIP(Q1)
production(X1)
sales(X2)
EWIP(Q2)
1000
1000
1250
1000
1000
900
900
1650
4000
4000
4000
5000
4000
5000
4000
2500
5000
3100
4000
3000
4000
4750
4250
5000
4100
2500
4250
4750
1000
1000
1250
1000
1000
900
900
1650
unit manufacturing variable cost(b1)=$10;
unit non-manufacturing variable cost(b2)=$.3;
total fixed manufacturing cost(a1)=10,000;
total fixed slelling and administration cost(a2)=$4100
$50,000 $50,000 |$50,000 $60,000 |$50,000 $60,000 $50,000 |$35,000 $60,000 $41,000
$5,525 $5,375 | $5,600 || $5,330
selling price per unit=$20
cost
manufcaturing cost per year(a1+b1x1)
selling and administrtion cost per year(a2+b2X2)
selling price
inventory evaluation uses FIFO
$5,300
$5,000 | $5,300
$4,850
$5,375 $5,525
Requirement:
Expert Solution
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