Acme Company manufactures widgets and sells them for $110 pe…

Acme Company manufactures widgets and sells them for $110 per unit. Acme’s variable manufacturing costs are $28 per unit and its total fixed manufacturing overhead costs are $210,000 per year. During its first year of operations, Acme produced 3,500 units and its operating income is $59,200 using absorption costing and $34,000 using variable costing. How many units did Acme sell in its first year of operations?

(a) What is ‘functionalism,’ as we studied it in this part o…

(a) What is ‘functionalism,’ as we studied it in this part of the course, and how does the first philosopher we read on this subject defend functionalism?  (b) Why does the second philosopher we read on the subject believe that functionalism, so defined, is false?

Acme Company manufactures and sells a single product. The se…

Acme Company manufactures and sells a single product. The selling price is $800 per unit. In its first year of operations (Year 1), Acme produces 2,500 units and sells 2,000 units. In Year 2, Acme produces 2,000 units and sells 2,500 units. Acme’s per-unit variable manufacturing costs are as follows: direct materials $320, direct labor $240, and variable manufacturing overhead $52. Acme’s total fixed manufacturing overhead costs are $300,000 in each year. Using absorption costing, what is the cost of goods sold in Year 2?