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Mr. Gregory White
Mr. Gregory White, Master's Degree
Category: Single Problem
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Experience:  M.A., M.S. Education / Educational Administration
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I need WileyPlus Assignment week 5 Brief Exercise 18-8

Customer Question

I need WileyPlus Assignment week 5
Brief Exercise 18-8
Correct question.
Brief Exercise 18-10
Correct question.
Brief Exercise 18-11
Correct question.
Brief Exercise 19-16
Partially correct question.Question is selected.
Exercise 19-17Brief Exercise 21-1Brief Exercise 21-4
Submitted: 1 year ago.
Category: Single Problem
Expert:  Mr. Gregory White replied 1 year ago.

Hello, my name is Greg. Getting you a resource on this and will have to you in just a few minutes.

Expert:  Mr. Gregory White replied 1 year ago.

My name is***** will do whatever I can to answer your questions.

CLICK HERE for the resource on this prompt.

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Thanks and have a wonderful rest of the week!

Greg

Customer: replied 1 year ago.
Brief Exercise 21-4
Gundy Company expects to produce 1,216,920 units of Product XX in 2012. Monthly production is expected to range from 88,760 to 121,120 units. Budgeted variable manufacturing costs per unit are: direct materials $4, direct labor $7, and overhead $10. Budgeted fixed manufacturing costs per unit for depreciation are $4 and for supervision are $2.Prepare a flexible manufacturing budget for the relevant range value using 16,180 unit increments. (List variable costs before fixed costs.)
Customer: replied 1 year ago.
Exercise 19-17
Polk Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2012, the company incurred the following costs.Variable Cost per Unit
Direct materials $7.95
Direct labor $2.60
Variable manufacturing overhead $6.10
Variable selling and administrative expenses $4.13
Fixed Costs per Year
Fixed manufacturing overhead $248,900
Fixed selling and administrative expenses $254,506Polk Company sells the fishing lures for $26.50. During 2012, the company sold 80,800 lures and produced 95,000 lures.
Customer: replied 1 year ago.
a)Correct answer. Your answer is correct.
Assuming the company uses variable costing, calculate Polk’s manufacturing cost per unit for 2012. (Round answer to 2 decimal places, e.g.10.50.)Manufacturing cost per unit
$Entry field with correct answer
16.65
Customer: replied 1 year ago.
b)Partially correct answer. Your answer is partially correct. Try again.
Prepare a variable costing income statement for 2012.POLK COMPANY
Income Statement
For the Year Ended December 31, 2012
Variable Costing
Entry field with correct answer
$Entry field with correct answer
2,141,200
Entry field with correct answer
$Entry field with correct answer
1,345,320
Entry field with correct answer
Entry field with correct answer
333,704
Entry field with incorrect answer
-1,679,024
Entry field with incorrect answer
Entry field with correct answer
462,176
Entry field with correct answer
Entry field with correct answer
254,506
Entry field with correct answer
Entry field with correct answer
248,900
Entry field with incorrect answer
-503,406
Entry field with correct answer
$Entry field with correct answer
-41,230
Customer: replied 1 year ago.
Your answer is incorrect. Try again.
Assuming the company uses absorption costing, calculate Polk’s manufacturing cost per unit for 2012. (Round answer to 2 decimal places, e.g.10.50.)
Customer: replied 1 year ago.
Any advised?
Expert:  Mr. Gregory White replied 1 year ago.

Ah, the numbers have changed I see. Let me double check this morning.

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