Solution-What were tamra actual factory overhead costs

What were tamra actual factory overhead costs

Reference no: EM132089210

Question - Tamra Corp. makes one product line. In February 2013, Tamra paid $530,000 in factory overhead costs. Of that amount, $124,000 was for January's factory utilities and $48,000 was for property taxes on the factory for the year 2013. February's factory utility bill arrived on March 12, 2013, and was only $81,000 because the weather was significantly milder than in January. Tamra Corp. produced 50,000 units of product in both January and February 2013.

a. What were Tamra's actual factory overhead costs for February 2013?

b. Actual per-unit direct material and direct labor costs for February 2013 were $24.30 and $10.95. What was actual total product cost for February?

c. Assume that, other than factory utilities, all direct material, direct labor, and over- head costs for Tamra Corp. were the same for January and February 2013. Will product cost for the two months differ? How can such differences be avoided?

Reference no: EM132089210

Questions Cloud

Prepare a statement of cash flows : The comparative balance sheet of Del Ray Enterprises Inc. at December 31, 2016 and 2015, is as follows: 1 Dec. 31, 2016 Dec. 31, 2015.

Determine the amount of deficiency : The deposits are made on the last day of each year and yield a return of 10%. (Use the table below.) Determine the amount of deficiency

Evaluate how each category of stakeholder impacts : Assess how globalization and technology changes have impacted the corporation you researched - Evaluate how each category of stakeholder impacts the overall

Provide exercises or actionable steps that would assist : Provide exercises or actionable steps that would assist your student or supervisee to learn caseconceptualization and applpication.

What were tamra actual factory overhead costs : Tamra Corp. makes one product line. In February 2013, Tamra paid $530,000 in factory overhead costs. What were Tamra's actual factory overhead costs

How do you expect your child to be treated : How do you expect your child to be treated not only by his teacher, but by the rest of the school staff - How would you want the school staff to talk

Journalize the transactions using given data : On September 1, Nixa Office Supply had an inventory of 30 calculators at a cost of $14 each. The company uses a perpetual inventory system.

What is the message of the popular media cartoon : Is public or community Education an appropriate manner to teach sexuality? What should the curriculum include or exclude?

How much revenue will pita pal recognize : Pita Pal sells fast-food franchises. Pita Pal receives $78,000 from a new franchisee for providing initial training, equipment, and furnishings that together.

User Account

All Pages

What were tamra actual factory overhead costs

Reference no: EM132089210

Reference no: EM132089210

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

Complete a departmental expense allocation spreadsheet

Pechstein corporation issued 2120 shares of 13 par value

Prepare an analysis of this offer for the hotel manager

An outside supplier has offered to provide part x at a

Record the preceding event in a horizontal statements model

Compute the cost of the goods sold for the year

On january 1 2013 bishop company issued 10 bonds dated

A company issued 10-year 9 bonds with a par value of 500000

Canliss milling company purchased machinery on january 2

Crypton electronic has a capital structure consisting of 42

Discuss about the balance of clarks retained earnings

Heres the original problem that was listed abe forrester

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT