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Acc 561 Week 5 Assignment Wileyplus – Latest Essay

  • Submitted by: robinsonn51
  • on August 6, 2015
  • Category: Miscellaneous
  • Length: 529 words

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Below is an essay on "Acc 561 Week 5 Assignment Wileyplus – Latest" from Anti Essays, your source for research papers, essays, and term paper examples.

ACC 561 Week 5 Assignment WileyPLUS – latest

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Brief Exercise 18-8
Meriden Company has a unit selling price of $590, variable costs per unit of $354, and fixed costs of $203,432.
Compute the break-even point in units using the mathematical equation.
Break-even point          
units
Brief Exercise 18-10
For Turgo Company, variable costs are 57% of sales, and fixed costs are $178,700. Management’s net income goal is $82,525.
Compute the required sales in dollars needed to achieve management’s target net income of $82,525.
Required sales         $  

Brief Exercise 18-11
For Kozy Company, actual sales are $1,270,000 and break-even sales are $825,500.
Compute the margin of safety in dollars and the margin of safety ratio.
Margin of safety         $  
Margin of safety ratio          
%
Brief Exercise 19-16
Montana Company produces basketballs. It incurred the following costs during the year.
Direct materials         $14,283
Direct labor         $25,755
Fixed manufacturing overhead         $10,420
Variable manufacturing overhead         $32,191
Selling costs         $20,932
What are the total product costs for the company under variable costing?
Total product costs         $  
       
Exercise 19-17
Polk Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2012, the company incurred the following costs.
Variable Cost per Unit        
Direct materials         $8.25
Direct labor         $2.70
Variable manufacturing overhead         $6.33
Variable selling and administrative expenses         $4.29
       
Fixed Costs per Year        
Fixed manufacturing overhead         $260,032
Fixed selling and administrative expenses         $264,110
Polk Company sells the...

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