Messages
Proposals
Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.
Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $980. Selected data for the company’s operations last year follow:
Units in beginning inventory
0
Units produced
240
Units sold
225
Units in ending inventory
15
Variable costs per unit:
Direct materials
$140
Direct labor
$360
Variable manufacturing overhead
$35
Variable selling and administrative
$20
Fixed costs:
Fixed manufacturing overhead
$66,000
Fixed selling and administrative
$28,000
The absorption costing income statement prepared by the company’s accountant for last year appears below: Sales
Sales
$220,500
Cost of goods sold
182,250
Gross margin
38,250
Selling and administrative expense
32,500
Net operating income
$ 5,750
Required:
1. Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year?
2. Prepare an income statement for last year using variable costing.
Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year?
Fixed manufacturing overhead cost included in inventory
Prepare an income statement for last year using variable costing.
Ida Sidha Karya Company
Variable Costing Income Statement
| Writer | Writer Name | Amount | Client Comments & Rating |
|---|---|---|---|
ONLINE |
Instant Homework Helper |
$36 |
She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up! |
Custom Original Solution And Get A+ Grades
Custom Original Solution And Get A+ Grades
Custom Original Solution And Get A+ Grades
| Writer | Writer Name | Offer | Chat |
|---|---|---|---|
ONLINE |
Smart AccountantsI will cover all the points which you have mentioned in your project details. |
$50 | Chat With Writer |
ONLINE |
Quality Homework HelperI have read your project details. I can do this within your deadline. |
$58 | Chat With Writer |
ONLINE |
Top Essay TutorHello, I an ranked top 10 freelancers in academic and contents writing. I can write and updated your personal statement with great quality and free of plagiarism |
$61 | Chat With Writer |
ONLINE |
Instant Assignment WriterI have read and understood all your initial requirements, and I am very professional in this task. |
$64 | Chat With Writer |
ONLINE |
Write My CourseworkI am known as Unrivaled Quality, Written to Standard, providing Plagiarism-free woork, and Always on Time |
$74 | Chat With Writer |
ONLINE |
Quality AssignmentsI am known as Unrivaled Quality, Written to Standard, providing Plagiarism-free woork, and Always on Time |
$78 | Chat With Writer |
Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.