Ceiling fans by ikes overhead budget for 2009 was as

Assignment Help Accounting Basics
Reference no: EM13589471

Ceiling Fans by Ikes overhead budget for 2009 was as follows:

Factory supervision

$300,000

Utilities costs

150,000

Insurance

28,000

Property taxes

22,000

Depreciation

100,000

Total

$600,000



  • 600,000 units were produced in 2009.
  • Direct labor cost is $18,000,000.
  • For both 2009 and 2010, each unit required 3 direct labor hours at $10 per hour.
  • In 2010, property taxes, insurance, and depreciation are expected to stay at 2009 levels.
  • Utilities costs vary proportionally with units produced.
  • Factory supervision increases by increments of $30,000 for every 200,000 increase in direct labor hours.
  • The 2010 expected production is 1,200,000 units.

What will be the value for utilities costs in the 2010 overhead budget?

Reference no: EM13589471

Questions Cloud

Walla company has common and preferred stock outstanding as : walla company has common and preferred stock outstanding as follows nbspnbspnbspnbspnbspnbsp common stock100000
Meridian had an inventory of 200 units of prime and 75 : meridian industries manufactures and sells two models of watches prime and luxuria. it expects to sell 3000 units of
How would the the new option comapre with one in which : suppose taxpayers were given a new option under the tax law for retirement funding. the new option requires that they
X company uses a plantwide overhead allocation system with : x company uses a plantwide overhead allocation system with direct labor hours as the activity measure. the following
Ceiling fans by ikes overhead budget for 2009 was as : ceiling fans by ikes overhead budget for 2009 was as followsfactory supervision300000utilities
A company has outstanding 100 mill par value bonds that pay : a company has outstanding 100 mill par value bonds that pay an annual coupon of interest of 10.5 . par value of each
Enron corporations 2001 third-quarter 10-q report disclosed : enron corporations 2001 third-quarter 10-q report disclosed the following transaction with ljm2 a nonconsolidated
Assume that the marketing manager changes the sales mix of : basu company produces two types of sleds for playing in the snow basic sled and aerosled. the projected income for the
Burt is the custodian at quaker inn an s corporation that : burt is the custodian at quaker inn an s corporation that has paid him bonuses over the years in the form of shares in

Reviews

Write a Review

Accounting Basics Questions & Answers

  Company a manufacturing produces a single product that

company a manufacturing produces a single product that sells for 60. variable flexible costs per unit equal 20.

  Determine and compute comprehensive income for 2013.

Instructions (1) Determine other comprehensive income for 2013. (2) Compute comprehensive income for 2013

  Management is responsible for preparing accurate financial

1. which of the following is not a type of auditors opinion?a. adverseb. qualifiedc. unmodifiedd. ordinary2.the primary

  Gross income with respect to bonds

Hugo was planting a tree when he unearthed 100,000 certificates of ITT bearer bonds, with a current value of $4 million.

  The relevance of costs is context sensitive sunk costs

colson-howard company operates a store in downtown savannah that has five departments including a sporting goods

  Raise or bonus depended on a single financial measure

Raise or bonus depended on a single financial measure

  Julio purchased a stock one year ago for 27 the stock is

julio purchased a stock one year ago for 27. the stock is now worth 32 and the total return to julio for owning the

  What balance in accounts receivable

During 20X3, Blue provided engineering services to Skyler and has not yet been paid for them. There were no other receivables or payables between Blue and Skyler at December 31, 20X3.

  What are the 4 basic requirements of a relational database

what are the 4 basic requirements of a relational database? what is a primary

  Youre trying to save to buy a new 210000 ferrari you have

youre trying to save to buy a new 210000 ferrari. you have 50000 today that can be invested at your bank. the bank pays

  Ken elects to use the foreign-earned income exclusion

Ken resided in Ireland from July 1, 2011, through June 30, 2012, visiting relatives. While he was there he earned $35,000 working in his cousin's pub.

  Individual income tax many people believe that the federal

individual income tax many people believe that the federal income tax is far too complex. but are there good reasons

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