The JYD Company processes apples into pies, spread, and dressing. During the second quarter of 2021, the joint cost of processing the apples was P750,000. There were no beginning inventories for the quarter. Production and sales value information for the quarter were as follows: Assume the use of the estimated net realizable value method.   Products   Units Produced    SV @ split-off    Separable costs   Final Selling Price        Ending Units Pies            20,000                    P12/unit                P20/unit                P35/unit                      7,000 Spread      50,000                      15/unit                  10/unit                  28/unit                   24,000 Dressing   25,000                        9/unit                    8/unit                  20/unit                   10,000 The total value of ending inventory at the end of the quarter is:   Group of answer choices b. P1,140,000 d. P788,500 c. P721,500 a. P750,000

Kyonggi Machine Corporation in Suwon reports the following operating results for the month of June in 2020.   KYONGGI MACHINE CORPORATION CVP Income Statement For the Month Ended June 30, 2020 (Currency Unit: Korean Won, ₩)                                                           Total                                    Per Unit Sales (5,000 units)                        ₩300,000,000                         ₩60,000 Variable costs                                 180,000,000                            36,000 Contribution margin                       120,000,000                         ₩24,000 Fixed expenses                               100,000,000 Net income                                     ₩ 20,000,000   To increase net income, management is considering reducing the selling price by 10%, with no changes to unit variable costs or fixed costs. Management is confident that this change will increase unit sales by 25%.   (Instructions)   Compute the break-even point in units and…

2. Assume that the company expects sales of each product to decline to 41,000 units next year with no change in unit selling price. Prepare a contribution margin income statement for the next year (as shown above with columns for each of the two products). Note: Round "per unit" answers to 2 decimal places. Contribution margin Income (loss) HENNA COMPANY Contribution Margin Income Statement Carvings Mementos Units Total $ Per unit Total $ Per unit Total

For 2013, Harper Company sold 86,000 units at a selling price of $23 per unit. Variable cost per unit was $15, and Harper's net income for the year was $46,000. What was the amount of Harper's fixed costs? Multiple Choice $1,932,000 $642,000 $688,000 $1,058,000

Crane Industries produces and sells a cell phone-operated home security control systems. Information regarding the costs and sales during May 2022 is as follows. Unit selling price $45.00 Unit variable costs $25.20 Total monthly fixed costs $124,000 Units sold 8,400 Prepare a CVP income statement for Crane Industries for the month of May. (Round per unit answers to 2 decimal places, e.g. 15.25.)

Current Atter Crane Company sells its product for $5600 per unit. Variable costs per unit are: manufacturing, $2600, and selling and administrative, $25. Fixed costs are: $18000 manufacturing overhead, and $24000 selling and administrative. There was no beginning inventory at 1/1/18. Production was 20 units per year in 2018-2020. Sales were 20 units in 2018, 16 units in 2019, and 24 units in 2020. Income under variable costing for 2020 is O $21000. O $29400. O $25650. O $25800.

Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Product Weedban Greengrow Selling price per unit S 10.00 S 31.00 Variable expenses per unit $ 3.10 $ 13.00 Traceable fixed expenses per year $ 135,000 S 47,000 Last year the company produced and sold 36, 500 units of Weedban and 17,000 units of Greengrow. Its annual common fixed expenses are $105,000. Required: Prepare a contribution format income statement segmented by product lines.