Business, 05.08.2019 20:20 kritalewis

Timmer corporation just started business in january. there were no beginning inventories. during the year, it manufactured 12,000 units of product and sold 10,000 units. the selling price of each unit was $20. variable manufacturing costs were $4 per unit, and variable selling and administrative costs were $2 per unit. fixed manufacturing costs were $24,000, and fixed selling and administrative costs were $6,000. what would be the difference in timmer's net income for the year if it used variable costing instead of absorption costing?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 01:30

What is an example of a good stock to buy during economic expansion? a) cyclical stock b) defensive stock c) income stock d) bond

Answers: 3

Answer

Business, 22.06.2019 12:30

Suppose a holiday inn hotel has annual fixed costs applicable to its rooms of $1.2 million for its 300-room hotel, average daily room rents of $50, and average variable costs of $10 for each room rented. it operates 365 days per year. the amount of operating income on rooms, assuming an occupancy* rate of 80% for the year, that will be generated for the entire year is *occupancy = % of rooms rented

Answers: 1

Answer

Business, 22.06.2019 19:10

According to the textbook chapter, “the emotional connection of distinguishing differences and conflict”, which of the following groups of terms describes best the skills/resources that managers need when managing differences in their organization? energy, commitment, tolerance, and appreciation energy, adequate funding, tolerance, and appreciation funding, tolerance, a strong hr department, and tolerance energy, a strong hr department, patience, and strong leadership skills

Answers: 3

Answer

Business, 23.06.2019 02:00

People-focused workplace (connect, perform) organizations are undergoing changes in response to more people-driven workforces. use your knowledge of bossless workplaces to identify each of he following characteristics as either a challenge or benefit to this new style of workplace. resource allocation decision making training costs

Answers: 2

Answer

You know the right answer?

Timmer corporation just started business in january. there were no beginning inventories. during the...

Questions