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ADMS2510 F2010 Midterm I-V1A_ with Solutions

E operating income assuming 310 contributors attend

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Unformatted text preview: come) assuming 310 contributors attend and Option 1 is chosen to service the event? ANS: C Event cost \$ 7,000 Adm & Mkt 8,020 Entertainment 3,500 Fixed cost \$18,520 \$400 X - \$55 X - \$18,520 = operating income then X = 310 contributors (\$400 x 310) – (\$55 x 310) - \$18,520 = operating income \$124,000 - \$17,050 – \$18,520 = \$88,430 a). b). c). d). e). \$220,000 \$240,000 \$242,000 \$264,000 \$246,000 c. \$242,000 a). b). c). d). e). \$190,000 \$200,000 \$180,000 \$515,000 \$510,000 c. \$180,000 a). b). c). d). e). \$300,000 \$265,000 \$275,000 \$288,000 \$280,000 a. \$300,000 a). b). c). d). e). \$305,000 \$295,000 \$285,000 \$275,000 \$315,000 b. \$295,000 Raw materials used on the 3 jobs Direct labour rate per hour Overhead rate based on direct labour cost \$120,000 \$8.50 120% a). b). c). d)....
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