Costing - Managerial Accounting Problem 5.5: a. Unit...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Problem 5.5: a. Unit Produced and Sold 30,000 40,000 50,000 Total costs: Variable costs…………………………………$180,000 $240,000 $300,000 Fixed costs………………………………………300,000 300,000 300,000 Total costs…………………………………………… $480,000 540,000 600,000 Cost per unit: Variable costs………………………………… $06,000 $06,000 $06,000 Fixed costs………………………………………10,000 07,500 06,000 Total costs per unit…………………………………… $16,000 $13,500 $12,000 b. 45,000 Sales (45,000x16) 720,000 Variable expenses 270,000 Contribution Margin 450,000 Fix expenses 300,000 Net Operating Income 150,000 Problem 5.8: 1a. PatientsCost 12,000 13,500 04,000 07,500 08,000 06,000 6,000/8,000= 0.75 b. Fixed cost element: TC-VC*0.75 - 13,500 – (12,000*0.75) – 13,500-9,000= 4,000 Y = 4,000 + (0.75*X) 5-17: 1 Overhead………………………………………….246,000 Less supervisory salary…………………………….21,000
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 01/28/2011 for the course ACCT 503 taught by Professor Stanley during the Spring '10 term at Medgar Evers College.

Page1 / 4

Costing - Managerial Accounting Problem 5.5: a. Unit...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online