Managerial Accounting - Cost Analysis and Decision-Making Scenarios

An exploration of managerial accounting practices, including cost analysis and decision-making scenarios for business operations.

Daniel Kim

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Managerial Accounting-Cost Analysis and Decision-Making ScenariosQuestion #4 (44 points)Consider the following information:Q1Q2Q3Beginning inventory (units)0J300Budgeted units to be produced3,8004,2004,100Actual unitsproduced4,0004,000QUnits soldA4,000RVariable manufacturing costs per unit produced$125$125$125Variable marketing costs per unit sold$40$40$40Fixed manufacturing costs$600,000$600,000$600,000Fixed marketing costs$250,000$250,000$250,000Selling price per unit$400$400$400Variable costing operating incomeB$90,000SAbsorption costing operating incomeCK$130,500Variable costing beginning inventoryD$12,500TAbsorption costing beginning inventoryELUVariable costing ending inventoryFM$12,500Absorption costing ending inventoryGN$27,500PVVHOVAllocated fixed manufacturing costsIP$615,000There are no price, efficiency, or spending variances, and any production-volume variance isdirectly written off to cost of goods in the quarter in which it occurs.Complete the missing figures from the above Table.Q1Q2Q3AJQBKRCLSDMTENUFOVGPHIQuestion #2 (15 points)

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