A company produces a single product. Variable production costs are $12.10 per unit and variable selling and administrative expenses are $3.10 per unit. Fixed manufacturing overhead totals $37,000 and fixed selling and administration expenses total $41,000. Assuming a beginning inventory of zero, production of 4,100 units and sales of 3,650 units, the dollar value of the ending inventory under variable costing would be:

Evelyn would like to open a small business that is categorized as a being in the distribution industry. to do this she could open a establishment.

You are evaluating two different silicon wafer milling machines. the techron i costs $285,000, has a three-year life, and has pretax operating costs of $78,000 per year. the techron ii costs $495,000, has a five-year life, and has pretax operating costs of $45,000 per year. for both milling machines, use straight-line depreciation to zero over the project’s life and assume a salvage value of $55,000. if your tax rate is 24 percent and your discount rate is 11 percent, compute the eac for both machines.

Miller company’s most recent contribution format income statement is shown below: total per unit sales (20,000 units) $300,000 $15.00 variable expenses 180,000 9.00 contribution margin 120,000 $6.00 fixed expenses 70,000 net operating income $ 50,000 required: prepare a new contribution format income statement under each of the following conditions (consider each case independently): (do not round intermediate calculations. round your "per unit" answers to 2 decimal places.) 1. the number of units sold increases by 15%.