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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:

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:

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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:
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:
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