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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This note was uploaded on 04/08/2011 for the course ADMS 2510-25113 taught by Professor Sim during the Spring '11 term at York NE.

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