Business

Rods Prods manufactures cattle prods. The market has been declining in recent years and Rods has been forced to drop its price slightly although production costs have remained the same. Operating information for the last two years is given below: 2013 2014 Unit sales 50,000 48,000 Unit selling price .00 $14.00 # units produced [= budgeted] 50,000 80,000 Variable manufacturing cost .00/unit $10.00/unit Fixed manufacturing cost $175,000 $175,000 Budgeted and actual production was the same in both years, budgeted production and sales were the same in 2013, and in 2012, but not in 2014 when budgeted production rose to 80,000 units. Rod, the president of Rods Prods was delighted to see the income statement for 2014, which shows an increase over 2013. The income statements seen by Rod were prepared using absorption costing. Prepare the income statements for both years using absorption costing. Prepare the income statements for both years using variable costing. Explain the difference between the two costing methods and which method is a more accurate reflection of the financial situation of the company. Your assignment should be at least 2 pages and follow proper APA format. Show your work for any calculations and cite any outside references used.

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency

Order your paper today and save 10% with the discount code HDCOVID10