This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Jean Peck's Furniture manufactures tables for hospitality sector. It takes only bulk orders and each ... (Read 143 times)

ghost!

  • Hero Member
  • *****
  • Posts: 560
on: Mar 6, 2021
Jean Peck's Furniture manufactures tables for hospitality sector. It takes only bulk orders and each table is sold for $500 after negotiations. In the month of January, it manufactures 3,000 tables and sells 2,600 tables. Actual fixed costs are the same as the amount of fixed costs budgeted for the month.

 The following information is provided for the month of January:

Variable manufacturing costs$140 per unit
Fixed manufacturing costs$90,000 per month
Fixed Administrative expenses$30,000 per month

At the end of the month Jean Peck's Furniture has an ending inventory of finished goods of 400 units. The company also incurs a sales commission of $13 per unit.
What is the operating income when using absorption costing? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.)
◦ $828,000
◦ $858,000
◦ $794,200
◦ $824,200
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ghost! on Mar 6, 2021

wfdfwc23

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 30% of students answer this correctly


ghost!

  • Member
  • Posts: 560
Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

nguyenhoanhat

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Lab: Learn Orders in Class Insecta Lab: Learn Orders in Class Insecta
Bronfenbrenner’s model of the ecological-systems approach to studying development. He suggested that Bronfenbrenner’s model of the ecological-systems approach to studying development. He suggested that
Renzo Piano, Jean-Marie Tjibaou Cultural Center, Nouméa, New Caledonia. 1991–98. Renzo Piano, Jean-Marie Tjibaou Cultural Center, Nouméa, New Caledonia. 1991–98.
Who Takes Care of the Children While the Mothers Are at Work? Who Takes Care of the Children While the Mothers Are at Work?
Adjusting a valve takes both hands—one to hold the wrench to loosen and tighten the lock nut and ... Adjusting a valve takes both hands—one to hold the wrench to loosen and tighten the lock nut and ...
Contributions to political parties , by economic sector 2020 Contributions to political parties , by economic sector 2020
Video: Brief Summary on Photosynthesis - Animation

For a complete list of videos, visit our video library