
Acct 202 final exam
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Acct 202 final exam
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Description
I am pasting 4 question rest in the attachmet
1.
Packer Company, which has only one |
Selling price |
$ |
81 |
||
Units in beginning |
300 |
|||
Units produced |
1,800 |
|||
Units sold |
1,600 |
|||
Units in ending |
500 |
|||
Variable costs per |
||||
Direct |
$ |
19 |
||
Direct |
$ |
16 |
||
Variable |
$ |
1 |
||
Variable |
$ |
11 |
||
Fixed costs: |
||||
Fixed |
$ |
34,200 |
||
Fixed |
$ |
3,200 |
||
|
The company produces the same |
Required: |
|
a. |
What is the unit product cost for |
Unit product cost |
$ |
b. |
Prepare a contribution format |
Variable |
||
|
$ |
|
Variable expenses: |
||
|
$ |
|
|
||
|
|
|
Contribution margin |
||
Fixed expenses: |
||
|
||
|
||
|
|
|
|
$ |
|
|
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|
c. |
Without preparing an income |
Net operating income |
$ |
2.
Camren Corporation has |
Sales |
$ |
680,000 |
||
Variable |
$ |
299,000 |
||
Traceable |
$ |
102,000 |
||
Sales |
$ |
770,000 |
||
Variable |
$ |
424,000 |
||
Traceable |
$ |
100,000 |
||
|
Common fixed expenses |
Required: |
Prepare a segmented |
Total |
Apparel |
Accessories |
|
|
$ |
$ |
$ |
|
|||
|
|
|
|
Contribution |
|||
|
|||
|
|
|
|
Segment |
$ |
$ |
|
|
|
|
|
|
|||
|
$ |
||
|
|||
|
.
Wartenberg Corporation uses |
The company reported the following |
Customers served |
30,000 |
||
Revenue |
$ |
115,500 |
|
Wages and salaries |
$ |
66,900 |
|
Supplies |
$ |
15,900 |
|
Insurance |
$ |
6,800 |
|
Miscellaneous |
$ |
15,500 |
|
|
Required: |
Prepare a report showing the |
Wartenberg |
||
Revenue |
$ |
|
|
||
Expenses: |
||
Wages and salaries |
|
|
Supplies |
|
|
Insurance |
|
|
Miscellaneous |
|
|
|
||
Total expenses |
|
|
|
||
Net operating income |
$ |
|
|
||
4.
Vera Corporation bases |
Fixed |
Variable |
|||||
Revenue |
– |
$ |
5.00 |
|||
Wages and |
$ |
35,800 |
$ |
1.90 |
||
Supplies |
$ |
0 |
$ |
0.60 |
||
Insurance |
$ |
13,000 |
$ |
0.00 |
||
Miscellaneous |
$ |
7,500 |
$ |
0.20 |
||
|
Required: |
Prepare the company’s |
Vera Corporation |
|
Revenue |
$ |
|
|
Expenses: |
|
Wages and |
|
Supplies |
|
Insurance |
|
Miscellaneous |
|
|
|
Total |
|
|
|
Net |
$ |
|
|
|
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