Business, 05.02.2020 13:53 kharmaculpepper

Alana's foods produces frozen meals that it sells for $12 each. the company computes a new monthly fixed manufacturing overhead allocation rate based on the planned number of meals to be produced that month. assume all costs and production levels are exactly as planned. the following data are from alana's foods's first month in business:
jan 2011
sales 1200 meals
production 1500 meals
variable manufacturing cost per meal $6
sales commission cost per meal $2
total fixed manufacturing overhead $1,050
total fixed marketing and administrative costs $300
requirements 1. compute the product cost per meal produced under absorption costing and under variable costing.
2. prepare income statements for january 2011 using
a. absorption costing.
b. variable costing.
3. is operating income higher under absorption costing or variable costing in january?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 11:30

1. regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool. student c incorrect

Answers: 2

Answer

Business, 22.06.2019 23:20

Warby parker, a manufacturer of fashionable prescription eyewear, notes on its website, "warby parker was founded with a rebellious spirit and a loft objective: to offer designer eyewear at a revolutionary price, while leading the way for socially-conscious business." this excerpt from the company's website states warby parker's

Answers: 1

Answer

Business, 23.06.2019 00:20

Barney corporation recognized a $100 million preferred stock balance on 12/31/2019. on january 1, 2020, barney issued $10 million in preferred dividends. on the same date, barney raised an additional $20 million via a new issuance of preferred stock. on december 31, 2020, the market value of the original amount of preferred shares rose $5 million. under us gaap, the 12/31/2020 year ending preferred stock balance is:

Answers: 3

Answer

Business, 23.06.2019 01:00

Sarah is an accountant with desires to open her own business. she is looking for office space at a reasonable rate along with internet service. of the conditions that need to be put in place for the entrepreneurial ecosystem, she needs

Answers: 1

Answer

You know the right answer?

Alana's foods produces frozen meals that it sells for $12 each. the company computes a new monthly f...

Questions