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 $630,000 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?

Acme Company is organized into two operating segments, Divis…

Acme Company is organized into two operating segments, Division X and Division Z. During the current year, Acme’s total company sales revenues are $850,000, its overall contribution margin ratio is 36%, common fixed costs are $97,000, and operating income is $106,000. If Division X has a contribution margin of $144,000 and Division Z has a contribution margin ratio of 40%, what are Division X’s sales revenues? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00).

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 $420,000 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?

Acme Company is organized into two operating segments, Divis…

Acme Company is organized into two operating segments, Division X and Division Z. During the current year, Acme’s total company sales revenues are $850,000, its overall contribution margin ratio is 36%, common fixed costs are $97,000, and operating income is $106,000. If Division X has a contribution margin of $142,000 and Division Z has a contribution margin ratio of 40%, what are Division X’s sales revenues? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00).

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 $160, 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?

In this part of the course, we considered (a) one philosophe…

In this part of the course, we considered (a) one philosopher’s skeptical challenge and then (b) a different philosopher’s extended reply to that challenge. What is that first philosopher’s challenge, and how does that second philosopher reply to it? Do explain the skeptical challenge in detail, but you needn’t give the second philosopher’s entire argument for his view.  Do explain what view the second philosopher proposes in opposition to the skeptical challenge, and be sure to explain the Lockean terminology in which he frames it.

Acme Company produces widgets and sells them for $75 per uni…

Acme Company produces widgets and sells them for $75 per unit. During its first year of operations Acme produces 4,100 units and sells 3,600 units. At this level of production, Acme’s per-unit manufacturing costs are as follows: direct materials $18, direct labor $12, variable overhead $6, and fixed overhead $15. At this level of sales, variable selling and administrative expenses are $9 per unit and fixed selling and administrative expenses are $4 per unit. What is Acme’s ending inventory balance using variable costing? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00).

Acme Company has two divisions, North Division and South Div…

Acme Company has two divisions, North Division and South Division. In Year 6, the South Division reports a return on investment of 14% and sales of $650,000. In Year 7, the South Division reports a return on investment of 18%, operating income of $92,600, and a turnover of 1.20. The South Division’s margin in Year 7 is 80% of its margin in Year 6. What is the South Division’s operating income in Year 6?