User Account

All Pages

Calculate total monthly production costs for may

Assignment Help Accounting Basics
Reference no: EM132078916

Question - Anka Company manufactures and sells specialty items. The following representative direct labor-hours and production costs are provided for a four-month period:

Month

Hrs. Direct Labor

Production Costs

January

3,000

$ 45,000

February

4,500

52,500

March

7,000

81,000

April

4,000

45,000

Total

18,000

$223,500

A. Using the high-low method, determine the variable cost per direct labor hour and monthly fixed cost.

B. Calculate total monthly production costs for May using the high-low method, assuming the direct labor hours for May are expected to be 4,800.

Reference no: EM132078916

Questions Cloud

Resulting two parts of chromosome : Before cell division of somatic cells, each chromosome must be replicated. After replication, the resulting two parts of each chromosome are held together
What are five general ways humans impact : What are five general ways humans impact BIODIVERSITY as suggested by Wilson?
What circulatory system structure do the check valves : What circulatory system structure do the check valves represent and what is their function?
What is the most important thing : What is the most important thing I should study about Biology?
Calculate total monthly production costs for may : Calculate total monthly production costs for May using the high-low method, assuming the direct labor hours for May are expected to be 4,800
Potential energy and is easily broken : Where, in the ATP molecule is the high energy bond that carries potential energy and is easily broken?
Developing new poisons : Okay this question not copied I just need a help please help me for my coming up exam its a just practice question lets say
What is the cost of the truck that should be recorded : Bought a delivery truck and agreed to pay $59,000 at the end of three years. What is the cost of the truck that should be recorded at the time of purchase
Types of infectious agents : Explain how viroids and prions differ from viruses and give specific examples of diseases caused by these types of infectious agents.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd