Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. peak manufacturing produces snow blowers. the sell

Peak Manufacturing produces snow blowers. The selling price per snow blower is $100. Costs involved...

50.1K

Verified Solution

Question

Accounting

Peak Manufacturing produces snow blowers. The selling price per snow blower is $100. Costs involved in production are:

Direct material per unit $20

Direct labor per unit 12

Variable manufacturing overhead per unit 10

Fixed manufacturing overhead per year $148,500

In addition, the company has fixed selling and administrative costs of $150,000 per year. During the year, Peak produces 45,000 snow blowers and sells 30,000 snow blowers. Ignoring taxes, how much will full costing profit differ from variable costing profit? Please provide full calculation

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Why did the government bailout Bear Stearns, Fannie Mae, Freddie Mac and AIG but not Lehman?

Finance
Q

When the SNS increases cardiac output, a series of events occurs through innervation via adrenergic receptors...

Medical Sciences
Q

The screw like shapes in the shark s small intestine are called O a papillary...

Biology
Q

Which of the following are chordate synapomorphies Select all that apply muscular post anal tail...

Biology
Q

6 ELECTROMAGNETIC INDUCTION The directions of induced current in coil for different kinds of motion...

Physics
Q

Evaluate the function g(x)=4/?(x + 2). x = ?(23) without using a calculator. Simplify your...

Basic Math
Q

What is the volume of the sphere Round to the nearest hundredth Use the T...

Basic Math
Q

Evaluate the line integral S dr for the following function and oriented curve C a...

Calculus
Q

value: 1.00 points TF Qu. 2 Trend data can be measured in dollar Trend data...

Accounting
Q

price. Does your answer support your intution bout the prevous question? HOME price. Does your...

Accounting
Q

Scenario: Your 21-year old niece, who is graduating from college next month, asked for your...

Finance
Q

Prepare a balance sheet and income statement as of December 31, 2015 from the following...

Accounting