managerial accounting, Cost Accounting

Classic Coolers manufactures portable coolers adorned with college logos. During the first quarter of the year, the company had the following costs:
Direct materials used $55,500
Direct labor 30,500
Factory rent 65,500
Factory equipment depreciation 13,500
Office equipment depreciation 1,300
Marketing expenses 5,100
Administrative expenses 15,500
The company had no beginning or ending work in process inventory and no beginning finished-goods inventory. Although 7,000 units were started and finished during the quarter, just 4,300 were sold, for an average price of $33 each.
Posted Date: 2/3/2013 7:37:28 PM | Location : United States







Related Discussions:- managerial accounting, Assignment Help, Ask Question on managerial accounting, Get Answer, Expert's Help, managerial accounting Discussions

Write discussion on managerial accounting
Your posts are moderated
Related Questions
Place a prepared slide of Trypunosoma under tlic microscope and focus it under low power, You will observe large number of tiny spindle-shaped trypanosomes lying in the plasma alll

what is the procedure of purchase of materials in large organisation?

The vice president of operations of six layer computer Inc. is evaluating the performance of two divisions organized as investments centers. Invested assets and condensed income st

Consider the following two mutually exclusive projects:   Whichever project you choose, if any, you require a 15 percent return on your investment.   a. If you apply the payb

Integrated Ledger System An integrated account ledger system, which has a number of features that may be viewed as preferable to the interlocking ledger system. In present dec

Factors affect Decision Making These decisions need consideration of factors as like A. The level of market possible to be available in future B. The strategy that compe

1. Single product or single mix of products 2. Variable cost, fixed cost and selling price are constant 3. The level of production will equal the level of sales Example:

A small company employing around 25 people manufactures and sells anthropometric measuring equipment - equipment used mainly in hospitals to measure the height and other dimensions

OBJECTIVES OF COST ACCOUNTING : 1-DETERMINING SELLING PRICE 2-CONTROLING COST 3- PROVIDING INFORMATION FOR DESING MAKING 4-ASCERTAINING COSTING PROFIT 5-Facilitating preparation of