Business, 24.06.2021 17:10 oof1231

Dance Creations manufactures authentic Hawaiian hula skirts that are purchased for traditional Hawaiian celebrations, costume parties, and other functions. During its first year of business, the company incurred the following costs: Variable Cost per Hula Skirt
Direct materials $9.60
Direct labor $3.40
Variable manufacturing overhead $1.05
Variable selling and administrative expenses $0.40
Fixed Cost per Month
Fixed manufacturing overhead $16,125
Fixed selling and administrative expenses $4,950
Dance Creations charges $30 for each skirt that it sells. During the first month of operation, it made 1,500 skirts and sold 1,375.
Required:
1. Assuming Dance Creations uses variable costing, calculate the variable manufacturing cost per unit for last month.
2. Prepare a variable costing income statement for the last month.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 13:00

Terry, a self-employed laboratory consultant specializing in white mice, attended a convention in paris concerning the care and feeding of white mice. the convention was held in paris since most of the white mice specialists in the world are located in france. terry's expenses were $1,600 for airfare, $400 for food, and $400 for lodging. terry spent 5 days at the convention and 3 days visiting friends. how much can she deduct for the trip?

Answers: 1

Answer

Business, 21.06.2019 15:30

Marvin wrote a check of $58.25 for the water bill and $450 for rent. he also made a deposit of $124.16. how much is his new balance after writing the checks and making the deposit?

Answers: 3

Answer

Business, 22.06.2019 11:30

17. chef a says that garnish should be added to a soup right before serving. chef b says that garnish should be cooked with the other ingredients in a soup. which chef is correct? a. chef a is correct. b. both chefs are correct. c. chef b is correct. d. neither chef is correct. student c incorrect which is correct answer?

Answers: 2

Answer

Business, 23.06.2019 02:40

The mayflower, a seafood restaurant, had the following liabilities by the end of 2015: accounts payable $60,000 wages payable $100,000 unearned revenue $125,000 (60% will be earned in 2016) notes payable $140,000 ($45,000 payable in 2016) what is the amount that the mayflower should report as total current liability on its balance sheet as of december 31, 2015?

Answers: 2

Answer

You know the right answer?

Dance Creations manufactures authentic Hawaiian hula skirts that are purchased for traditional Hawai...

Questions