Which passes through a single process

Assignment Help Managerial Accounting
Reference no: EM131009218

R makes one product, which passes through a single process. Details of the process account for period 1 were as follows:

                                  $

Material cost - 20,000 kg 26,000

Labour cost 12,000

Production overhead cost 5,700

Output 18,800 kg

Normal losses 5% of input

There was no work-in-progress at the beginning or end of the period. Process losses have no value.

The cost of the abnormal loss (to the nearest $) is

A. $437

B. $441

C. $460

D. $465

Reference no: EM131009218

Questions Cloud

Conditions of the mrm and the f-test : Suppose an ANOVA meets the conditions of the MRM and the F-test rejects the overall null hypothesis that four groups have equal means. Group 1 has the largest sample mean and Group 4 has the smallest. Does the confidence interval for m1 - m4 conta..
Research papers about advertising is ethical : Research papers about Advertising is ethical , it shoud be at least 6 pages and using morw then 5 resureses and do not use Wikipedia
What is the initial velocity of the ball in feet per second : What is the initial velocity of the ball in feet per second? Round your answer to two decimal places and omit the units of measurement.
The two opposing forces- cost reduction and adaption : The two opposing forces- cost reduction and adaption to local markets- that firms face when entering international markets
Which passes through a single process : R makes one product, which passes through a single process. Details of the process account for period 1 were as follows There was no work-in-progress at the beginning or end of the period. Process losses have no value.
Provide and justify your own opinions about the deal : Read these two articals first. provide and justify your own opinions about the deal. write one page only. double space
Find the average velocity over the given time interval : Find the average velocity over the time interval [0,3] if the displacement is given by s(t)=t3-1.4t2+1.7t+5. Round your answer to two decimal places.
Makes three kinds of snowboards : Snow, Inc., makes three kinds of snowboards, but it has a limited number of machine hours available to make them.  Product line data are as follows:
What are the planning provisions : What are the planning provisions in the relevant planning scheme that apply to the site - Does the planning scheme provide specific guidance as to what use and development would be the best for the site?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Explain the differences between the unit overhead costs

Discuss the advantages and disadvantages of organization aldecentralisation - Explain the differences between the unit overhead costs in percentages between (a) and (b) above.

  Discussion on product costing

Some firms have a lot of fixed costs and a few variable costs, while other firms are configured the other way around. What effect do you think the existence of a high proportion of fixed costs has on the desirability of using ABC methods?

  Find the cost of goods manufactured

Find the cost of goods manufactured (finished) for the year (in thousands of dollars) was

  Difference in profit between the two income statements

Reconcile the difference in profit between the two income statements.

  Payback period and net present value

The Management Accountant of Derby Ltd has produced the following cost estimates relating to the proposal over the next five years: Calculate the transport fleet project - Payback period and net Present Value

  What is this company overhead rate

The company pays $26 per hour of direct labor and $2 per pound of direct materials. What is this company's overhead rate?

  Calculate the total unit cost for the strawberry cheese cake

Calculate the total unit cost for the strawberry cheese cake. Round to three decimal places.

  When determining the amount of cash paid for income taxes

When determining the amount of cash paid for income taxes, what would be indicated by an increase in the deferred income tax liability account?

  Describe an alternative income-statement format

Explain why the product-line income statement as presented is not suitable for analysis and decision making and describe an alternative income-statement format that would be more suitable for analysis and decision making, and explain why it is bette..

  Prepare a revised budget consistent with the president

Prepare a revised budget consistent with the president's recommendation.

  Problems with a traditional overhead allocation system

List and describe four potential problems with a "traditional" overhead allocation system and list and describe four "red flags" that may indicate you should consider revising your overhead allocation system.

  Was the overhead underapplied or overapplied

Manufacturing overhead was applied to jobs. The actual level of activity for the year was 34,000 machine-hours.

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