Direct and indirect costs of mad dogs

Assignment Help Managerial Accounting
Reference no: EM1347206

Product Costing Review

Mad Dog Enterprises manufactures computer game control devices like joysticks and steering wheels. Following is the list of the costs incurred by Mad Dog in 2009:

Wages paid to assembly workers . . . . $100,000
Cost of plastic used in making devices . . . 25,000
Insurance on factory building . . . 12,000
Salary of factory supervisor . . . . 57,000
Interest on money borrowed to finance operations . . . 34,000
Wages paid to factory maintenance workers . . 61,000
Cost of computer/controller boards installed in devices . . . . . 38,000
Advertising costs . . . . . . . . . 127,000
Cost of electricity used in factory . . . . 46,000

Compute the total cost for each of the following categories:

1. Direct materials

2. Direct labor

3. Manufacturing overhead

4. Period costs

Reference no: EM1347206

Questions Cloud

Creating controller for new satellite : You are allocated to work on project to create controller for new satellite. To save money, manager evaluates you could reuse about 90% of the software.
What is the electic potential energy : The escape speed from the Earth is 1.12 × 10^4 m/s, so a gas molecule traveling away from Earth near the outer boundary of the Earth's atmosphere would, at this speed, be able to escape from Earth's gravitational field.
Illustrate what was the growth rate of the gdp deflator : Illustrate what was the growth rate of the GDP deflator between 1999 and 2000. Elucidate what was real GDP in 1999 measured in 1996 prices.
Find which motorcycle should be produce : Harley Davidson trade motorcycle X and motorcycle Y. Motorcycle X sells for 10,000 dollar, has variable cost including labor and material of 2,000 dollar, and needs ten hours of use of machinery to produce.
Direct and indirect costs of mad dogs : Mad Dog Enterprises manufactures computer game control devices like joysticks and steering wheels. Following is the list of the costs incurred by Mad Dog in 2009:
Collecting information for data dictionary : Pproblems generated by going directly to manager with questions regarding data dictionary entries? Describe to the team member how he can better collect information for the data dictionary.
Explain the orientation of the coil : As olenoid with 600 turns has a radius of .04 m and is 40cm long. If this solenoid carries a current of 12 A. what is the magnitude of the magnetic field at the center of solenoid.
How the ppp methodology works : This exercise presents a simple example to elucidate how exchange-rate conversions can produce misleading results and how the PPP methodology works.
How much better off will uf''s shareholders be : How much of the firm's value is accounted for by the debt-generated tax shield and how much better off will UF's shareholders be if the firm borrows $20 more and uses it to repurchase stock?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Evaluate purscos foreign tax credit limitation

Evaluate Pursco's foreign tax credit limitation under the subsequent independent assumptions.

  Evaluate direct materials and conversion costs

What are the corresponding units for direct materials and conversion costs, correspondingly, for June?

  What is the profitability of unfocused book

What is the profitability of Unfocused Books' three departments and what recommendations would you make to the owners?

  Planning strategies for the audit

Planning strategies for the audit

  Create a memo on the state of the companys industry

Create a memo on the ‘state of the company's industry' and associated risk factors.

  Hr management- dealing with people

Dealing with people is probably the most difficult thing we will ever encounter in life.

  Provide calculations and reasons to support your answer

Provide calculations and reasons to support your answer. b. If Maximus Company has excess machine capacity but a limited amount of labour time available, to which product or products should the excess production capacity be devoted? Provide calculati..

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Cost-volume-profit model

Explain these objections to the accountant's convention cost-volume-profit model

  Discussion of normal costing system

When using a normal costing system, manufacturing overhead is applied using the ______________ manufacturing overhead rate and the _______________ quantity of allocation base.

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

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