Business, 18.06.2020 20:57 pineapplefun

Trio Company reports the following information for the current year, which is its first year of operations. Direct materials $13 per unit
Direct labor $19 per unit
Overhead costs for the year
Variable overhead $45,000 per year
Fixed overhead $90,000 per year
Units produced this year 22,500 units
Units sold this year 16,500 units
Ending finished goods
inventory in units 6,000 units
Compute the product cost per unit using absorption costing. Cost per unit of finished goods using: Absorption costing Fixed overhead per unit Direct materials per unit Variable overhead per unit Direct labor per unit Cost per unit of finished goods Determine the cost of ending finished goods inventory using absorption costing. Cost per unit of finished goods using: Absorption costing Number of units in finished goods Total cost of finished goods inventory Determine the cost of goods sold using absorption costing. Absorption costing Cost per unit of goods sold using Number of units in sold goods Total cost of sold goods

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 18:30, spazzinchicago

Health insurance protects you if you experience any of the following except: a: if you have to be hospitalized b: if you damage someone's property c: if you need to visit a clinic d: if you can't work because of illness

Answers: 2

continue

Business, 23.06.2019 00:30, genyjoannerubiera

Listed below are several transactions that took place during the first two years of operations for the law firm of pete, pete, and roy. year 1 year 2amounts billed to clients for services rendered $ 170,000 $ 220,000 cash collected from clients 160,000 190,000 cash disbursements salaries paid to employees for services rendered during the year 90,000 100,000 utilities 30,000 40,000 purchase of insurance policy 60,000 0 in addition, you learn that the company incurred utility costs of $35,000 in year 1, that there were no liabilities at the end of year 2, no anticipated bad debts on receivables, and that the insurance policy covers a three-year period. required: 1. & 3. calculate the net operating cash flow for years 1 and 2 and determine the amount of receivables from clients that the company would show in its year 1 and year 2 balance sheets prepared according to the accrual accounting model.2. prepare an income statement for each year according to the accrual accounting model.

Answers: 1

continue

Business, 23.06.2019 02:00, 20jmurphy82

One country has a comparative advantage over another country in the production of a good if ithas a curved production possibilities curve and the other country has a linear production possibilities curve. has lower fixed costs than the other country. has a linear production possibilities curve and the other country has a curved production possibilities curve. is a lower opportunity cost producer of the good.

Answers: 1

continue

Business, 23.06.2019 11:00, maguilarz2005

What are the factors that affects on the process of planning

Answers: 3

continue

You know the right answer?

Trio Company reports the following information for the current year, which is its first year of oper...