Categories
Accounting

Provide general discussion on predetermined variable overhead criterion and its

Swamped with your writing assignments? Take the weight off your shoulder!

Submit your assignment instructions

Provide general discussion on predetermined variable overhead criterion and its possible dependence on the activity for which it is used. Provide a variable costing income statement in which variable overhead is divided among different activities, and that each activity has its own predetermined variable overhead criterion. The following is a partially completed lower section of a departmental expense allocation for Cozy Bookstore. It reports the total amounts of direct and indirect expenses allocated to its five (5) departments. Allocate the expenses of the two service departments (advertising and purchasing) to the three operating departments and provide the complete income statement. Classify all items listed in the fixed budget as variable or fixed. Also determine their amounts per unit or their amounts for the year, as appropriate. Organize a template for variable costing income statements in which the sales volume is a variable. Test your template for 15,000 units sales volume to see if you get the same income as stated above Find the breakeven point and provide the income statement at break-even Provide income statement at sales volume 12,000, 14,000, 16,000, and 18,000 PLEASE REFER TO ATTACHMENT FOR FULL INTRUSCTIONS

Swamped with your writing assignments? Take the weight off your shoulder!

Submit your assignment instructions