User Account

All Pages

Classsify the following costs as variable

Assignment Help Accounting Basics
Reference no: EM13513616

Classsify the following costs as variable (V), fixed (F), or semivariable (S) in terms of their behavior with respect to volume or level of activity.

(a) Property taxes

(f) Insurance

(b) Maintenance and repair

(g) Depreciation by straight-line

(c) Utilities

(h) Sales agent's commission

(d) Sales agent's salary

(i) Depreciation by mileage -automobile

(e) Direct materials

(j) Rent

 

Reference no: EM13513616

Questions Cloud

Determine the spending variance and efficiency variance : Direct labor hours used were 52,000 hours. Actual variable overhead costs were  $109,200. Determine the spending variance and efficiency variance for variable overhead.
Calculate the ending capital balances : Prepare general journal entries showing the transactions admitting Bridges and Terrell to the partnership and calculate the ending capital balances of all four partners after the transactions.
What is the childs speed with respect to the ground : Walking on a Merry-Go-Round A child of mass stands at rest near the rim of a stationary merry-go-round of radius and moment of inertia. What is the child's speed with respect to the ground
Define what is the temperature of the gas : The root mean square velocity of argon atoms is found to be 5.67x103 m/s. What is the temperature of the gas
Classsify the following costs as variable : Classsify the following costs as variable (V), fixed (F), or semivariable (S) in terms of their behavior with respect to volume or level of activity.
Prepare a statement of partnership liquidation : Prepare a statement of partnership liquidation with supporting safe payments schedules for each cash distribution.
Determine the force acting on the board : A uniform diving board, of length 5.21 m and mass 50.4 kg, is supported at two points; one support is located L1 = 3.32 m from the end of the board and the second is at 4.89 m from the end. What is the force acting on the board due to the right sup..
Classify each cost as direct materials : Classify each cost as direct materials, direct labor, or overhead.
How to evaluate the new volume of the gas : Somebody puts an expandable balloon on the opening of the bottle, without any gas escaping. The outside pressure is 1.10atm and the temperature has decreased to 25.8 degree celsius. Calculate the new volume of the gas.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Qualifying stock redemption problem

Yellow Corporation transfers land (basis of $210,000, fair market value of $300,000) to Joe, a shareholder, to carry out a qualifying stock redemption. The land is distributed subject to a $320,000 liability. With respect to the redemption:

  Choose a method of allocation and provide your rationale

suppose you are the manager of a widget-production company. the companys two support departments purchasing and human

  Determining amount of construction costs incurred

Richman Company for $30,000,000. The following details pertain to the contract: Percentage of completion Estimated total cost of contract Gross profit recognized to date At December 31, 2007 25% $22,500,000 1,875,000 At December 31, 2008 60% $25,0..

  Statement of cash flows using direct method

Exercise 23-12 (WileyPlus) prepare a statement of cash flows using direct method

  Riverside industries is thinking of dropping product line c

riverside industries has threeproduct lines a b and c. the following information

  Expenditure cycles

For the expenditure cycle at Hewlett-Packard or any other company, what's your suggestion for the following recommendations to have good internal control of the purchase order processing?

  Jim taylor wants taylor company to use cvp analysis to

jim taylor wants taylor company to use cvp analysis to study the effects of changes in costs and volume on the company.

  Sauders uses the step-down method of cost allocation and

sauders company has two service departments cafeteria and human resources and two production departments machining and

  Distributing two assets in a transaction

Susco distributed two assets in a transaction that qualified as a redemption.One asset had an adjusted basis of $100,000 and a fair market of $135,000.

  Measuring the existing compensation plan

Critically evaluate the existing compensation plan and recommend any changes.

  Accrual accounting for taxation

Solutions Corporation, a computer vendor and consulting company, uses the accrual method of accounting. Its tax year is the calendar year. The following are three of the corporation's transactions during the current year:

  Journal entry-record stock issuance

A corporation issues $2,000 Shares of common stock for $32,000. The stock has a stated value of $10 per share. The journal entry to record the stock issuance would include a credit to Common Stock for

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