Variable cost

What is the unit product cost for the month under absorption costing? A) $74 B) $89 C) $69 D) $84 15. What is the net income for the month under variable costing? A) $10,600 B) ($17,000) C) $16,600 D) $6,000 16. What is the net income for the month under absorption costing? A) ($17,000) B) $16,600 C) $6,000 D) $10,600 17. Orion Corporation is preparing a cash budget for the six months beginning January 1. Shown below…

breaking down the variable and fixed cost structure, and understanding the special order, I believe that going to a fixed cost structure would be in the best interest of the company. Outlined are the risk associated with this change, the probability of reaching the projected net income, and the results of the special order. Comparison of Cost Structure As suggested, Wall Street Burger Shoppe used the fixed cost structure in the months June to October. I found that while using the fixed cost…

Cost-volume-profit (CVP) analysis is a strategic decision made by the management of the company. The cost-volume-profit analysis is very helpful for the managers to make product decisions by estimating the expected profitability of the choices because different choices will affect the selling price, variable costs per unit, fixed costs, units sold and operating income. According to Alvis (2016), CVP analysis expands the use of information provided by breakeven analysis. Therefore, this paper is…

insurance and it is automatically included in the rent payment. I will have fixed cost and variable cost for each month and that will be what makes up my budget plan. My month one budget was divided into those two categories my fixed cost will remain the same for the next 6 months. Those 4 fixed cost is monthly condo rent ($945.00),car insurance ($115.00),pocket change ($100.00), and ($50) phone bill. My variable cost are food ($100.00), cleaning supplies ($25.00), cat litter ($15.00), cable…

Samsung, LG, and Chinese enterprise was a factory where is located at oversea of Sony. Sony tried to produce as low price as they could, but such a company imitated the technology that how to produce the cheapest way, and then they engaged as the low-cost company, which is produced the TV by the low price. Why has TV become such a product that is produced by developing company? Firstly, I will suggest the aspect of TV on the market. It is an elastic product on the market because it is a…

Rosemary Café is a Greek owned restaurant that serves Greek, Mexican and American food. While I was there eating I was greeted and served with great service. I noticed the cost pools involved with Rosemary Café were operating expenses, sales, customers and labor. Rosemary Café is a Greek owned family restaurant. When I first walked into Rosemary Café I immediately saw a hostess standing behind a cash register counter with a huge display of desserts. There were cinnamon rolls, baklava, Greek…

ENG 103 HAND OUTS I. DATA ANALYSIS: Tabular Presentation Introduction to Data Analysis Why do we analyze data? Make sense of data we have collected Basic steps in preliminary data analysis Editing Coding Tabulating Introduction to Data Analysis Editing of data Impose minimal quality standards on the raw data Field Edit -- preliminary edit, used to detect glaring omissions and inaccuracies (often involves respondent follow up) Completeness Legibility Comprehensibility…

BACKGROUND In OA3501, Inventory Models, a plethora of tools and models were introduced so Operations Research Supply Managers could clearly optimize on hand material and reduce overall inventory costs. Utilizing these tools efficiently and effectively will balance inventory needs and requirements by minimizing cost to order and hold material. The models and calculations discussed in OA3501 are the foundation for understanding the functionality of all inventory aspects. PROBLEM STATEMENT During…

customers all over the world. Not only is the high head count necesseary, but because of the large growth in business, the need to hire in-house employees has increased. AllTell is not able to ramp up its Customer Service headcount resources because of cost, and the lack of experienced resources and because of a complex hiring process. Overseas vendors offer a large, trained English-speaking population as well as competitively low labor…

acre Production cost per acre Yield (a) 2.3(ton/hactare) Conversion (b) 2.47 (acres/hactare) Production (c=a/b) 0.931(ton/acres) Production cost1 (d) 228.71($/ton) Jacob (Breakeven cost) Production cost2 (d*c) 212.97($/acre) Grower payment per acre Payment(USD/acre)=crop price (USD/ton)* yield (ton/acre) The crop price is a changing variable in response to the gap between production and demand annually. Therefore payment is also changing over time, whereas production cost is constant…