Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: jerico on Mar 13, 2015



Title: Rich Glasses manufactures glass bottles. January and February operations were identical in every way
Post by: jerico on Mar 13, 2015
Rich Glasses manufactures glass bottles. January and February operations were identical in every way except for the planned production.

January had a production denominator of 74,000 units.
February had a production denominator of 66,600 units.
Fixed manufacturing costs totaled $222,000.

Sales for both months totaled 62,000 units with variable manufacturing costs of $4 per unit. Selling and administrative costs were $0.60 per unit variable and $51,000 of fixed. The selling price was $10 per unit.

Required:
Compute the operating income for both months using absorption costing.


Title: Re: Rich Glasses manufactures glass bottles. January and February operations were identical in every
Post by: cyborg on Mar 13, 2015
Content hidden


Title: Re: Rich Glasses manufactures glass bottles. January and February operations were identical in every way
Post by: jerico on Mar 23, 2015
Thank you for the help. I took this course as an elective, glad it's over in three weeks. Great textbook though!


Title: Re: Rich Glasses manufactures glass bottles. January and February operations were identical in every way
Post by: cyborg on Mar 23, 2015
Cool! No problem.


Title: Re: Rich Glasses manufactures glass bottles. January and February operations were identical in every
Post by: touria1521 on May 12, 2015
Great


Title: Re: Rich Glasses manufactures glass bottles. January and February operations were identical in every ...
Post by: xverevcc on Nov 20, 2020
thanks !!1


Title: Re: Rich Glasses manufactures glass bottles. January and February operations were identical in every ...
Post by: DJ1 on Nov 20, 2020
thank u