Bing Inc., reported the following data for last year: a) What was the prime cost...
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Accounting
Bing Inc., reported the following data for last year: a) What was the prime cost for the last year? b) What was the conversion cost for the last year? c) What was the cost of goods manufactured for the last year? At a sales volume of 32,000 units, Green Company's total fixed costs are $60,000 and total variable costs are $64,000. The relevant range is 30,000 to 55,000 units. a) If Green Company sells 43,000 units, what is the total expected cost? b) If Green Company sells 50,000 units, what is the total expected cost per unit? Central Perk has provided the following data for the second quarter of the most recent year: Assume that direct labour is a variable cost and that there was no beginning or ending inventories. a) What was the total contribution margin of Central Perk for the second quarter? b) What was the gross margin(loss) for Central Perk for the second quarter
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