Cost information relating to single product organisation

Assignment Help Accounting Basics
Reference no: EM13121847

The following production and total cost information relates to a single product organisation for the last three months: Month Production Total cost units £ 1 1,200 66,600 2 1,900 58,200 3 1,400 68,200 The variable cost per unit is constant up to a production level of 2,000 units per month but a step up of £6,000 in the monthly total fixed cost occurs when production reaches 1,100 units per month.what is the total cost for a month when 1000 units are produced.

Reference no: EM13121847

Questions Cloud

Calculate the cell potential : A voltaic cell employs the following redox reaction: 2Fe3+(aq)+3Mg(s)--> 2Fe(s)+3Mg2+(aq+ Calculate the cell potential at 25 under each of the following conditions.
Generating pythagorean triples : Build or generate at least five more Pythagorean Triples using one of the many formulas available online for doing this. After building your triples, verify each of them in the Pythagorean Theorem equation
How much heat is released : when 15.0g of steam drops in temperture from 275.0C to 250.0C how much heat is released csteam=2.01j/gC
Illustrate what is difference between a departmental system : Illustrate what is the difference between a departmental accounting system and a responsibility accounting system? Are the reports of departmental net income and the departmental contribution to overhead useful in assessing a department manager's ..
Cost information relating to single product organisation : The following production and total cost information relates to a single product organisation for the last three months: Month Production Total cost units £ 1 1,200 66,600 2 1,900 58,200 3 1,400 68,200
Describe the function of the oric : Describe the function of the oriC. What do you predict will happen to the cell if 100 bp between the 13-mer and 9-mer sequence is deleted as indicated?
Probability and statistics- outcome of dice rolls : Probability & Statistics : Outcome of Dice Rolls, Two people play a game. A single die is thrown. If the outcome is a 2 or a 3, then player A pays player B $6.00.
Is there a difference in mean number of times order take-out : At the .01 significance level, is there a difference in the mean number of times men and women order take-out dinners in a month? What is the p-value?
How many liters of 13.5 molar hcl stock solution are needed : how many liters of 13.5 molar HCl stock solution are needed to make 10.5 liters of a 1.8 molar HCl solution?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Question on private business competition

Choose an article on Private Business Competition from a professional, economic, or management journal published in the last ten years such as The Freeman: Ideas On Liberty, The Economist, Forbes, The Cato Journal, Harvard Business Review, or Sloa..

  Describe fee-for service and activity based costing

Discus briefly the activity-based costing (ABC) and explain how ABC can differ from traditional costing approaches? Consider a health care organization with which you are familiar with and it uses ABC model.

  Compute depreciation and cash flow

Ohare Company's only asset as of January 1, 2007, was limousine. During 2007, only three transactions occurred:

  Describe any adjustment that might be necessary

Given the facts presented, discuss the various factors that affect the reli- ability of (1) the comparable uncontrolled price method, (2) the resale price method, and (3) the cost-plus method.

  Establishment of 1231 assets

Why did Congress establish favorable treatment for 1231 assets?

  Making the bank reconciliation

Prepare the bank reconciliation for Janus Jutes, Inc. dated May 31, 2009. Janus made a deposit on May 31, but this deposit did not appear on the bank statement, $1,451.

  Current price of share-davidson company

Consider the stock of Davidson Company, which will pay an annual dividend of $2 one year from today. The dividend will grow at a constant annual rate of 5 percent

  Equivalent units for conversion costs

Fabert Corp uses the weighted-average method in its process costing system. The Assembly Department started the month with 16,000 units in its beginning work in process inventory that were 40% completed with respect to conversion costs.

  Determining the actual purchase price

High & Dry’s standard price for direct materials is $3.60 per unit-The actual purchase price per unit was

  Journal entries for business-bad debts

On January 1, 2003, Marina Clothing Company had Accounts Receivable of $54,200 and Allowance for Doubtful Accounts of $4,700. Marina Clothing Company prepares financial statements annually. During the year the following selected transactions occur..

  Monthly schedule of cash receipts

Seventy percent of Diamond Beauty Supply shop sales are on credit with 60 percent of receivables collected in the month after the sale and the rest of receivables collected in the second month after the sale. Prepare a monthly schedule of cash rece..

  Discuss reasons why corporations invest in securities

Describe the reasons why corporations invest in securities. Describe how the market would be affected if they stopped this practice?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd