What was the absorption costing net operating income, Accounting Basics

+44 141 628 6080
[email protected]

What was the absorption costing net operating income

Sipho Corporation manufactures a variety of products. Last year, the company's variable costing net operating income was $90,900. Fixed manufacturing overhead costs released from inventory under absorption costing amounted to $21,900. What was the absorption costing net operating income last year?

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What was the absorption costing net operating income

Reference No:- TGS090485

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : Vertical and horizontal marketing approaches

What are vertical and horizontal marketing approaches (distribution) and what are the disadvantages and advantages of each and which commonly applies to the hospitality industry?

Q : What osawa''s net operating income using variable costing

Osawa Inc. manufactured 200,000 units of its only product in its first year of operations. Variable manufacturing costs were $30 per unit. Fixed manufacturing costs were $600,000 and selling and administrative costs totaled $400,000. Osawa sold 1

Q : Draw e-r diagram to buy and sell one-of-a-kind antiques

Draw an E-R diagram for the following situation (state any assumptions you believe you have to make in order to develop a complete diagram).

Q : Reported beneath the operating activities

For each of the following items, indicate whether it would be classified and reported under the operating activities (OA), investing activities (IA), or financing activities (FA) section of a statement of cash flows:

Q : What was the absorption costing net operating income

Q : Calculate the operating cash flow of abc company

in 2008, ABC Company had sales of $2,800,000; Cost of goods sold of $1,800,000 and operating expenses of $300,000. The operating expenses including depreciation expense of $200,000. ABC company pays tax at a rate of 30%. All sales and purchases ar

Q : Disadvantages of at least two alternative strategies

Discuss the advantages and disadvantages of at least two (2) alternative strategies. Recommend specific strategies and objectives for the firm to follow over the next three (3) years. Include an itemized estimate of costs for each year.

Q : Degree of operating leverage introduction

If a company would like to increase its degree of operating leverage it should:

Q : Compute a purchase quantity of motherboards

Use the news vendor model to compute a purchase quantity of motherboards that balances the cost of lost sales and the cost of excess material.

1927148

Questions
Asked

3,689

Active Tutors

1434600

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What was the absorption costing net operating income

Reference No:- TGS090485

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Vertical and horizontal marketing approaches

Q : What osawa''s net operating income using variable costing

Q : Draw e-r diagram to buy and sell one-of-a-kind antiques

Q : Reported beneath the operating activities

Q : What was the absorption costing net operating income

Q : Calculate the operating cash flow of abc company

Q : Disadvantages of at least two alternative strategies

Q : Degree of operating leverage introduction

Q : Compute a purchase quantity of motherboards

What environmental control plan pertains to replace

Provide a definition of physical abuse

Irrigation scheduling for waterwise irrigation management

Why is bulimia nervosa prevalent in western culture

Discuss acetaminophen is prescribed for a child

Discuss risk for early termination of breastfeeding

Discuss mother concerns about daughters school performance

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What was the absorption costing net operating income

Reference No:- TGS090485

Recent Questions Asked Accounting Basics

Q : Vertical and horizontal marketing approaches

Q : What osawa''s net operating income using variable costing

Q : Draw e-r diagram to buy and sell one-of-a-kind antiques

Q : Reported beneath the operating activities

Q : What was the absorption costing net operating income

Q : Calculate the operating cash flow of abc company

Q : Disadvantages of at least two alternative strategies

Q : Degree of operating leverage introduction

Q : Compute a purchase quantity of motherboards

Asked Questions