Professional Documents
Culture Documents
ue Price of a Bond is Equals to Sum of (Present Value of Interest Payments during life of Bond + Present Value of Matured Pr
PVAF (r% , n) =
Under the Absorption Costing method, the fixed manufacturing cost include
with the revenues. Under Variable Costing method, all of the fixed manufact
is incurred, regardless of the amount of inventory change. Thus, when invento
the Absorption Costing income statement will have a higher income from op
ors Inc.,
come Statement
ed August 31
$ 1,890,000.00
$ (699,300.00)
$ (336,150.00)
$ (167,400.00)
$ (112,050.00) $ (1,314,900.00)
$ 575,100.00
$ (355,900.00)
$ 219,200.00
ors Inc.,
come Statement
ed August 31
$ 1,890,000.00
$ (699,300.00)
$ (336,150.00)
$ (167,400.00)
$ (1,202,850.00)
$ 687,150.00
$ (256,600.00)
$ 430,550.00
$ (141,100.00)
$ (99,300.00) $ (240,400.00)
$ 190,150.00
income from Operations reported in (a) and (b):
3500
29050
$29,050.00
Calculation of Net Operating Income as per Flexible Budget fo
$ 244,000.00
$ (128,000.00)
$ (24,000.00)
$ (47,000.00) $ (199,000.00)
$ 45,000.00
$ 176,800.00 $ 196,800.00
ost Per Unit = (Total Cost at 3000 units - Total Cost at 2000 units)/(3000-2000)
($196,800-$176,800)/(3000-2000)
$ 20.00