Acct Week 2 - 50 Gross Profit Total Selling& Admin 170...

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Question 1-32 Answers 1 management accounting 2 management accounting 3 financial accounting 4 financial accounting 5 management accounting 6 financial accounting 7 management accounting Question 1-33 Budget Actual Variance Sales 330,000 328,000 2000F Less: advertising 30,000 32,500 2500U Total Operating Income 300000 295,500 4,500F
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Absorption Approach Schedule 1 Variable Cost 100 Schedule 2 Fixed Cost 50 Total Indirect Manufacturing Cost 150 Schedule 3 Selling Expense Sales 920 Schedule 4 Administrative Expense Variable 90 Fixed 80 170 1090 Contribution Approach Sales 920 Less Manufacturing cost of Good Sold Direct Materials 350 Direct Labor 210 Indirect Manu. Cost Fixed 100 Variable
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Unformatted text preview: 50 Gross Profit Total Selling & Admin 170 Operating Income Accounting 6-36 Q1 Revenues, 600hrs @ SFR 12 per hour SFR7200 Less Teacher Salary SFR5200 Supplies 800 6000 Operating Income (loss) SFR1200 Q2 Three qualitative factors that will influence my decision is teachers will get more compensation, student in the after school program may become interested to regular school program, and the program is good for the community. Accounting 6-38 Answer Q1 A 10000 (added cost) / 2000 (units produced) = 5 Q2 A where profit maximization is 8000 (42-25)-9=8 in thousands...
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