Labor and overhead costs for one unit of product

Assignment Help Accounting Basics
Reference no: EM13146170

If direct materials for one unit of product are $9.00, direct labor for one hour is $15.00, manufacturing overhead costs are $5.00 per direct labor hour, and one-fourth hour of direct labor is required to produce one unit of product, how much are the labor and overhead costs for one unit of product?

a. $5.00.

b. $2.50.

c. $20.00.

d. $15.00.

Reference no: EM13146170

Questions Cloud

Write the rate laws and determine the units of k : Write the rate laws and determine the units of k (the rate constant) for the following reactions: (a) The reaction A + 2B --> C is found to be second order in A and B, and third order overall
What is its average and marginal cost : what is its average and marginal cost? kilowatt-hour for the first 10000 units each month
Tax levies in the ingham county tax agency fund : Record the tax levies in the Ingham County Tax Agency Fund. Record the collection from the 2011 tax levies in the Ingham County Tax Agency Fund and the specific liabilities owed each fund and unit (Round all amounts to the nearest whole dollar.)
Define exspanision of the glass is negligible : A glass bottle of normal capacity 250 cm^(3) is filled brim full of water at 20 degrees Celsius. If the bottle and contents are heated at 50 degrees Celsius, how much water spills over?
Labor and overhead costs for one unit of product : If direct materials for one unit of product are $9.00, direct labor for one hour is $15.00, manufacturing overhead costs are $5.00 per direct labor hour, and one-fourth hour of direct labor is required to produce one unit of product, how much are ..
What circumstances may officers conduct a warrantless search : According to the 2009 case of Arizona v. Gant, 556 U.S. ___, 129 S.Ct. 1710, 173 L.Ed.2d 485(2009) under what circumstances may officers conduct a warrantless search of a car interior when the occupant has just been arrested? Please explain detail..
What are the basic divisions of the geologic time scale : After Precambrian Time, what are the basic divisions of the geologic time scale, from larger to smaller?
What is the total pressure inside the cylinder : At 340 K, Kp = 69 for the reaction H2(g) + I2(g) ->2HI(g). 50.0 g of HI is injected into an evacuated 5.00-L rigid cylinder at 340 K. What is the total pressure inside the cylinder when the system comes to equilibrium?
The population in state of delaware : What is the Population in State of Delaware?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How many years until he can establish the foundation

Derrick Lee just received a signing bonus of $1,000,000. His plan is to invest this payment in a fund that will earn 6%, compounded annually. (Hint: Use tables in text.)

  Balance sheet total for retained earnings

A for-profit nursing home has beginning-of-period retained earnings of $40,000. Net income for the period totals $75,000 and dividends declared during the period total $15,000. The balance sheet total for retained earnings will be what amount?

  Accounting treatments for parent and subsidiary

Explain the general rules and accounting treatments for the parent and subsidiary, including purchase price allocations; intangible assets, such as goodwill and impairment testing; intercompany transactions

  What is ending inventory is approximately

Miller Company needs an estimate of its ending inventory balance. The following information is available.

  Taxation of corporation problem

Which of the following statements is correct regarding the taxation of C corporation?

  Denominator level of activity affects the fixed portion

A company has a standard cost system in which fixed and variable manufacturing overhead costs are applied to products on the basis of direct labor-hours. The company's choice of the denominator level of activity affects the fixed portion of the pr..

  Prepare a production budget

They also have a policy of maintaining a raw material inventory at the end of each month equal to 20% of the pounds needed for the following month's production. There were 3,920 pounds of raw material on hand at Dec. 31, 2010, For the first quarter o..

  Discussion on taxation

What type of tax rate structure does the U.S. tax system apply? What are the individual tax forms, and what factors are used to determine which one to use? What is taxable income, and how is it determined?

  Theory of corporate governance

Identify and briefly explain both a theory of corporate governance that supports a formal regulatory approach and a theory that supports a voluntary, self -regulation approach.

  What will be the annual rental

A company purchased an aircraft for $400,000 and leased it for 20 years. If the company wants to earn an annual return of 10% what will be the annual rental.

  Problem regarding investment opportunity

Patrick Seeley has $2,400 that he is looking to invest. His brother approached him with an investment opportunity that could double his money in four years. What interest rate would the investment have to yield in order for Patrick's brother to de..

  Set up necessary t accounts

A business paid 100 to cash to Karen Smith (the owner of the business) for her personal use. Set up the necessary T accounts and show how this transaction would be recorded directly to those accounts

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