Web Chapter 18 and 22 Day 2

Web Chapter 18 and 22 Day 2 - Cost-VolumeProfit Analysis...

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Cost-Volume-Profit Analysis Chapter 22 Chapter 22 NOTE: Focus on pages 880-884, 888-889, 891-893 NOTE: Focus on pages 880-884, 888-889, 891-893
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Classification of Costs Classification of Costs By Behavior • Fixed Cost • Variable Cost • Mixed Cost
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for years ended December 31, Net Sales (or Net Revenue) Costs and Expenses Cost of Sales (or Cost of Goods Sold) Selling and admin. expenses Other expenses Interest expense Tax expense 126,088 Net Income $214,154 The Hershey Company Classification of Costs Classification of Costs Cocoa Sugar, Water, Caramel Packaging Milk Machines, Factory Wages for assembly  crew Wages maintenance  staff Salaries of Plant Mgrs Advertising Shipping Rent on Office Bldg Salaries of support    Acctg, CEO, HR,      Eng.
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Practice Question Practice Question Snapper Company specializes in manufacturing a unique model  of bicycle helmet; related data is below: Rent of factory equipment $6,000 Insurance on factory building 1,500 Raw materials (plastics, etc.)
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Web Chapter 18 and 22 Day 2 - Cost-VolumeProfit Analysis...

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