User Account

All Pages

Compute how much will company bid for ceramic plates

Assignment Help Accounting Basics
Reference no: EM132728051

Problem 1: Plato Company is to submit a bid on the production of $22,500 ceramic plates. It is estimated that the cost of materials will be $26,000 and the cost of direct labor will be $30,000. Factory overhead is applied at $2.70 per direct labor hour in the Molding Department and at 35% of the direct labor cost in the Decorating Department. It is estimated that 2,000 direct labor hours, at a cost of $18,000 will be required in the Molding Department. The company wants a markup of 45% of its total production cost. How much will the company bid for the ceramic plates?

Reference no: EM132728051

Questions Cloud

Compute what effect does using gross method vs net method : Find what effect does using the gross method vs. the net method have on the company's current ratio after the sale? After the receipt of cash
Successful and unsuccessful change efforts : What are the differences between successful and unsuccessful change efforts?
Example for quantitative and for qualitative research : According to the characteristics of both qualitative and quantitative researches provide situations for each with specifying the respective research problem
Dispute resolution clause : Intellectual Property (IP) Clause regarding ownership of IP. In the event the contract was breached, what might be the best possible remedies for this and why?
Compute how much will company bid for ceramic plates : Plato Company is to submit a bid, The company wants a markup of 45% of its total production cost. How much will the company bid for the ceramic plates?
How elements of a christian worldview could help nike : Explanation of how elements of a Christian worldview could help Nike in their practices to better contribute to the greater good is strong with sound details.
Was surveillance the proper method to use in this case : A man in San Rafael County was discovered commit-ting workers' compensation fraud. Was surveillance the proper method to use in this case
Find contingent consideration should be valued at : Find Contingent consideration should be valued at? the acquirer's pro-rata share of the subsidiary's net assets at book value at the date of acquisition.
Create communication plan : Create a communication plan for Mr. Smith and/or families for both prescriptive and non-prescriptive drug therapies.

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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