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chap7demo

# chap7demo - Name Date Instructor Course rd Managerial...

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FileName: 070b003c7ccc12f238535cfc58f483646c159331.xls, Tab: Chapter 7 Demo Problem, Page 1 of 2, 12/28/2011, 19:01:19 Name: Date: Instructor: Course: the year it produced 10,000 birdhouses and sold 8,000 for \$30.00 per house. Variable manufacturing costs were \$9.00 per house produced; variable selling and administrative expenses were \$4.00 per unit sold; fixed manufacturing costs were \$70,000 in total and \$7.00 (\$70,000 / \$10,000) per unit; fixed selling and administrative costs were \$20,000 Instructions: TAYLOR ENTERPRISES Income Statement For the Year Ended 2005 Absorption Costing Sales Amount Title Amount Title Formula Title Amount Title Amount Formula Net income Formula TAYLOR ENTERPRISES Income Statement For the Year Ended 2005 Variable Costing Title Amount Title Amount Title Amount Formula Contribution margin Formula Title Amount Title Amount Formula Net income Formula Computation area as desired Managerial Accounting, 3 rd Edition, by Weygandt, Kieso, and Kimmel Solving Managerial Accounting Problems Using Microsoft Excel for Windows by Rex A Schildhouse

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chap7demo - Name Date Instructor Course rd Managerial...

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