Acc 561 Week 5 Assignment Wileyplus – Latest

Submitted by: Submitted by

Views: 10

Words: 529

Pages: 3

Category: Other Topics

Date Submitted: 10/18/2015 09:34 PM

Report This Essay

ACC 561 Week 5 Assignment WileyPLUS – latest

IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download

http://www.hwspeed.com/ACC-561-Week-5-Assignment-WileyPLUS-Latest-489493555.htm?categoryId=-1

If You Face Any Problem E- Mail Us At JOHNMATE1122@Gmail.Com

Brief Exercise 18-8

Meriden Company has a unit selling price of $590, variable costs per unit of $354, and fixed costs of $203,432.

Compute the break-even point in units using the mathematical equation.

Break-even point

units

Brief Exercise 18-10

For Turgo Company, variable costs are 57% of sales, and fixed costs are $178,700. Management’s net income goal is $82,525.

Compute the required sales in dollars needed to achieve management’s target net income of $82,525.

Required sales $

Brief Exercise 18-11

For Kozy Company, actual sales are $1,270,000 and break-even sales are $825,500.

Compute the margin of safety in dollars and the margin of safety ratio.

Margin of safety $

Margin of safety ratio

%

Brief Exercise 19-16

Montana Company produces basketballs. It incurred the following costs during the year.

Direct materials $14,283

Direct labor $25,755

Fixed manufacturing overhead $10,420

Variable manufacturing overhead $32,191

Selling costs $20,932

What are the total product costs for the company under variable costing?

Total product costs $

Exercise 19-17

Polk Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2012, the company incurred the following costs.

Variable Cost per Unit

Direct materials $8.25

Direct labor $2.70

Variable manufacturing overhead $6.33

Variable selling and administrative expenses $4.29

Fixed Costs per Year

Fixed manufacturing overhead $260,032

Fixed selling and administrative expenses $264,110

Polk Company sells the...