Answer the following questions using the information below: Tunney Corporation incurred fixed manufacturing costs of $7,200 during 2011. Other information for 2011 includes: The budgeted denominator level is 1,600 units. Units produced total 2,000 units. Units sold total 1,900 units. Beginning inventory was zero.The fixed manufacturing cost rate is based on the budgeted denominator level. Manufacturing variances are closed to cost of goods sold.Operating income using absorption costing will be ________ operating income if using variable costing.
What is the total amount of overhead costs assigned to the S…
What is the total amount of overhead costs assigned to the Standard model in Activity-based Costing system?
Effective planning of fixed overhead costs includes ________…
Effective planning of fixed overhead costs includes ________.
Operating income using Absorption Costing will be ________ o…
Operating income using Absorption Costing will be ________ operating income if using variable costing.
Relevant costs in a make-or-buy decision of a part include:
Relevant costs in a make-or-buy decision of a part include:
What is the contribution margin per machine-hour for Large p…
What is the contribution margin per machine-hour for Large product?
To complete the first setup on a new machine took an employe…
To complete the first setup on a new machine took an employee 200 minutes. Using an 80% incremental unit-time learning model indicates that the second setup on the new machine is expected to take:
To complete the first setup on a new machine took an employe…
To complete the first setup on a new machine took an employee 100 minutes. Using an 80% cumulative average-time learning curve indicates that the second setup on the new machine is expected to take:
What is the contribution margin per product unit for Large p…
What is the contribution margin per product unit for Large product?
The following items are the same for the flexible budget and…
The following items are the same for the flexible budget and the master budget EXCEPT for: