Compute for the total variable cost

Assignment Help Accounting Basics
Reference no: EM132670112

Question: Sales 700,000

Cost of Sales

Materials 250,000

Labor 80,000

Variable Factory Overhead b30,000

Fixed Factory Overhead 20,000

Gross Profit 320,000

Less: Operating Expenses

Delivery Expenses 60,000

Marketing 36,000

General and Administrative 24,000

Profit before tax 200,000

Compute for the Total Variable Cost. The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132670112

Questions Cloud

Compute the probability that two or fewer will withdraw : A university found that 20% of its students withdraw without completing the introductory statistics course. Assume that 20 students registered for the course.
Make all entries during the term of the bonds : Make All entries during the term of the bonds. The entity incurs bond issue cost of P473,767. The effective interest adjusted for bond issue costs is 16%.
Is the selection of the 20 finishers a binomial experiment : 12 of the top 20 finishers in the 2009 PGA championshop at Hazeltine National Golf Club in Minnesota. Suppose these results are representative.
Are the periodic interest payments or greater than or less : Are the periodic interest payments or greater than or less than the periodic interest expenses? The effective interest adjusted for bond issue costs is 16%.
Compute for the total variable cost : Compute for the Total Variable Cost. The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.
Compute for net discount or net premium : On January 1, 20x1, Compute for net discount or net premium (including the effect of the bond issue cost) from the issuance on initial recognition.
Compute for the initial carrying amount of the bonds : The entity incurs bond issue cost of P473,767. The effective interest adjusted for bond issue costs is 16%. Compute for the initial carrying amount of the bonds
What is the change in investment if the proposed jit system : The XYZ Company has successfully implemented JIT internally. What is the change in investment if the proposed JIT system is implemented?
Explain limitations of ethics of earnings management : What are some limitations of Ethics of earnings management among accounting professional: pressure, unrealistic and conflicting goals and conflict of interest.

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.

  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!

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