CLICK HERE TO PLACE AN ORDER
ACC2233 Hand-In Assignment 7 v3 QUESTION ONE Absorption and Variable Costing Prepare and Reconcile Variable costing Statements Audiophonics Limited manufactures and sells high quality and durable earbuds for use with personal electronica that is custom moulded to each oustomer's ear, Cost data fon the product follows Variable costs per unit Direct materials ect labour Ve oy overhead Total variable costs per unit $12 24 8 administrative Fed costs per month Fed see overhead Total feed coss per month $240,000 administrative 429.809 The product sells for $80 per unit production and sales data for May and June the first of operations, ane as follow Units Produced Units Sold May June 15,000 15,000 13,000 17,000 Income statements prepared by the Accounting Department using absorption costing ane presented below May June Sales Cost of goods sold $1300 000 $1,040 000 Beginning inventory Add cost of goods manufactured Goods available for sale Less ending inventory 120,000 200,000 900.0004 120.000 Z80.000 900.002 020 000 Cost of goods sold Goss Seling and administrative expenses Operating income 1.020.000 282000 $58.000 258.000 $2.000 REQUIRED 1. Determine the unit cost under an Absorption costing b Variable costing 2. Prepare variable costing income statements for May and June using the contribution approach Reconcile the variable costing and absorption costing operating income figures 3 4 The company's Accounting Department has determined the break-even point be 14,000 units per month, computed as follows 14.000 units Exed cost per month Unit contribution margin $420,000 $30 per unit On receiving this figure, the president commented, “There's something peculiar troler savs that the break-even point is 14.000 units pe here to only 13 000 units in May, and the income statement we received showed a $2.000 profit Which figure do we believe? Prepare a brief explanation of what happened on the May income statement. Get Accounting Homework Help Today
Why Choose Us
At Myhomeworkwriters.com, we always aim at 100% customer satisfaction. As such, we never compromise o the quality of our homework services. Our homework helpers ensure that they craft each paper carefully to match the requirements of the instruction form.
Professional Academic Writers
With Myhomeworkwriters.com, every student is guaranteed high-quality, professionally written papers. We ensure that we hire individuals with high academic qualifications who can maintain our quality policy. These writers undergo further training to sharpen their writing skills, making them more competent in writing academic papers.
Our company maintains a fair pricing system for all academic writing services to ensure affordability. Our pricing system generates quotations based on the properties of individual papers.
My Homework Writers guarantees all students of swift delivery of papers. We understand that time is an essential factor in the academic world. Therefore, we ensure that we deliver the paper on or before the agreed date to give students ample time for reviewing.
Myhomeworkwriters.com maintains a zero-plagiarism policy in all papers. As such, My Homework Writers professional academic writers ensure that they use the students’ instructions to deliver plagiarism-free papers. We are very keen on avoiding any chance of similarities with previous papers.
Customer Support 24/7
Our customer support works around the clock to provide students with assistance or guidance at any time of the day. Students can always communicate with us through our live chat system or our email and receive instant responses. Feel free to contact us via the Chat window or support email: firstname.lastname@example.org.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
Our Homework Writing Services
My Homework Writers holds a reputation for being a platform that provides high-quality homework writing services. All you need to do is provide us with all the necessary requirements of the paper and wait for quality results.
At My Homework Writers, we have highly qualified academic gurus who will offer great assistance towards completing your essays. Our homework writing service providers are well-versed with all the aspects of developing high-quality and relevant essays.
Admission and Business Papers
With Myhomeworkwriters.com, we will help you secure a position at your desired institution. Our essay writing services include the crafting of admissions papers. We will still help you climb your career ladder by helping you write the official papers that will help you secure a job. We will guide you on how to write an outstanding portfolio or resume.
Editing and Proofreading
Myhomeworkwriters.com has a professional editorial team that will help you organize your paper, paraphrase it, and eliminate any possible mistakes. Also, we will help you check on plagiarism to ensure that your final paper posses quality and originality.
My Homework Writers harbors professional academic writers from diverse academic disciplines. As such, we can develop homework writing services in all academic areas. The simplicity or complexity of the paper does not affect the quality of homework writing services.