ACCT 505 Experience Tradition / tutorialrank.com ACCT 505 Experience Tradition / tutorialrank.com | Page 19

The department started 475,000 units into production during the month and transferred 480,000 completed units to the next department.
Required: Compute the equivalent units of production for the first department for June, assuming that the company uses the weightedaverage method of accounting for units and costs.
3. Question:( TCO B) A tile manufacturer has supplied the following data: Boxes of tile produced and sold 625,000 Sales revenue $ 2,975,000 Variable manufacturing expense $ 1,720,000 Fixed manufacturing expense $ 790,000 Variable selling and admin expense $ 152,000 Fixed selling and admin expense $ 133,000 Net operating income $ 180,000 Required: a. Calculate the company ' s unit contribution margin. b. Calculate the company ' s unit contribution ratio.
c. If the company increases its unit sales volume by 5 % without increasing its fixed expenses, what would the company ' s net operating income be?
4. Question: