Calculate the total and per unit values for accounting, Accounting Basics

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Calculate the total and per unit values for accounting

Given the total cost and output for the month at ACME shown below develop a spreadsheet that can calculate the total and per unit values for the accounting entities named here: prime cost, conversion cost, full absorption cost, contribution margin, gross margin, and profit.

Direct Mfg. Materials=$224,000 Variable Marketing & Admin=$89000

Direct Mfg. Labor=$196,000 Fixed Marketing & Admin=$36,000

Variable Mfg. Overhead Labor=$56000 Total Sales Revenue=$832,000

Variable Mfg. Overhead Mtls.=$26000 Units Sold=2200

Fixed Mfg. Overhead=$78000

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Accounting Basics: Calculate the total and per unit values for accounting

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Accounting Basics: Calculate the total and per unit values for accounting

Reference No:- TGS0559190

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Explain amount of impairment loss should c and r recognize

Q : Prepare shlee corporation''s january 1 journal entry

Q : Construct an arbitrage

Q : Cost of retained earning-percentage flotation cost

Q : Calculate the total and per unit values for accounting

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Q : What affect will foreign accounting standards have

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Calculate the total and per unit values for accounting

Reference No:- TGS0559190

Recent Questions Asked Accounting Basics

Q : Explain amount of impairment loss should c and r recognize

Q : Prepare shlee corporation''s january 1 journal entry

Q : Construct an arbitrage

Q : Cost of retained earning-percentage flotation cost

Q : Calculate the total and per unit values for accounting

Q : Company cost of preferred stock

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