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Home Q & A Board Other Fields Homework Help Business Accounting
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jerico jerico
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9 years ago
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.
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
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cyborgcyborg
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9 years ago
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jerico Author
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#2
9 years ago
Thank you for the help. I took this course as an elective, glad it's over in three weeks. Great textbook though!
wrote...
#3
9 years ago
Cool! No problem.
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#4
9 years ago
Great
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#5
3 years ago
thanks !!1
DJ1
wrote...
#6
3 years ago
thank u
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