A company manufactures desks with vinyl tops the standard

Assignment Help Accounting Basics
Reference no: EM13590888

A company manufactures desks with vinyl tops. The standard cost for direct materials for the vinyl used in one desk model is $27.00 based on 12 square ft of vinyl at a cost of $2.25 per square foot. A production run of 1,000 desks in september resulted in usage of 12,600 square ft of vinyl at a cist of $2.00 per square ft. The direct materials quantity variance resulting from the above production run was?

2. A company consists of 2 districts, A and B. During July, the company as a whole had sales of $300,000, a contribution margin ratio of 20%, and a segment margin totaling $25,000. District A had sales of $80,000 during July, a contribution margin ratio of 35%, and a segment margin of $10,000. If the net income of the company for July was $11,000, the traceable fixed costs in district B must have been?

Reference no: EM13590888

Questions Cloud

On june 30 20x8 a flash flood damaged the warehouse and : on june 30 20x8 a flash flood damaged the warehouse and factory of padway corporation completely destroying the
Dtermine which if any of the three statements are : determine which if any of the three statements are equivalent. give a reason for your conclusion.i if the garden needs
If bonbon corp issued a 10-year bond 5 years ago with a : if bonbon corp. issued a 10-year bond 5 years ago with a coupon rate of 13 that currently sells for 1075 what is
An atom with mass m emits a photon of wavelength a what is : an atom with mass m emits a photon of wavelength a.a what is the recoil speed of the atom?b what is the kinetic energy
A company manufactures desks with vinyl tops the standard : a company manufactures desks with vinyl tops. the standard cost for direct materials for the vinyl used in one desk
List the december 31st balances of assets liabilities and : after december 31st ms prompt truck rental had the following transactions for a short period a. bought office
A string fixed at both ends is 840 m long and has a mass : a string fixed at both ends is 8.40 m long and has a mass of 0.120 kg. it is subjected to a tension of 96.0 n and set
Normal cash collection experience has been that 50 of sales : 1. beta company has developed the following sales projection for next yearmay 100000june 120000july 140000aug 160000sep
Ashley owes a debt of 7000 the debt bears interest of 12 : ashley owes a debt of 7000. the debt bears interest of 12 payable annually. what is the equal annual installments that

Reviews

Write a Review

Accounting Basics Questions & Answers

  If a firms forecasted sales are 250000 and its

if a firms forecasted sales are 250000 and its break-evensales are 190000 the margin of safety in dollars ischoose one

  Increase in a deferred tax liability

Which of the following usually results in an increase in a deferred tax liability?

  The selling and administrative expenses are 28000 the

mademoiselle company produces womens handbags. the cost of producing 1200 handbags is as followsnbspnbspnbspnbspnbsp

  You are considering two investments a and b both

you are considering two investments a and b. both investments provide a cash flow of 100 per year for n years. however

  What were the standard hours allowed for the units produced

What were the standard hours allowed for the units produced?

  Total cash dividends related problem

Norton's outstanding stock consists of (a) 13,000 shares of noncumulative 8% preferred stock with a $10 par value and (b) 32,500 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and pai..

  X2 issued callable bonds on january 1 2012 the bonds pay

x2 issued callable bonds on january 1 2012. the bonds pay interest annually on december 31 each year. x2s accountant

  Assume that xenon has sufficient capacity to fill the order

xenon has received a special order for 120 units of its product at a special price of 1850. the product normally sells

  A company had revenue of 740000 rent expense of 119000

a company had revenue of 740000 rent expense of 119000 utility expense of 11900 salary expense of 144500 depreciation

  Prepare a lease amortization schedule and appropriate

manufacturers southern leased high-tech electronic equipment from edison leasing on january 1 2013. edison purchased

  Annual manufacturing overhead cost budget

The following information was taken from the annual manufacturing overhead cost budget of Coen Company.

  Estimated fixed cost element of power cost

At the high level of activity in November, 7,00 machines hours were run and power cost were $12,000. In April, A month of low activity 2,000 machine hours were run and power costs amounted to $6,000. Using the high-low, the estimated fixed cost el..

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