Compute the total indirect costs

Assignment Help Accounting Basics
Reference no: EM132714879

Question - Osborne Ltd manufactures a wide range of leather suitcases. The following costs are expected to be incurred by the company during May:

Indirect labour cost $28,000

Direct labour time 10,000 hours

Indirect labour cost $28,000

Direct labour time 10,000 hours

Depreciation on equipment $20,000

Rent and Rates $13,000

Direct labour costs $98,000

Heating, lighting and power $4,000

Machine time 8,000 hours

Indirect materials $5,000

Consumables $2,000

Direct materials used $50,000

Production estimate 1,000 suitcases

Required - Refer to the table above. Compute the total indirect costs?

A. $72,000.

B. $59,000

C. $39,000.

D. $70,000.

Reference no: EM132714879

Questions Cloud

What is the amount that will be credited to Paid-in Capital : The current market price of the common stock is $18/share. What is the amount that will be credited to Paid-in Capital in Excess of Par Common Stock
What message is the sponsor trying to convey : Choose a product of your choice and critique the promotional strategy. What message is the sponsor trying to convey? How would you do it differently?
Compute the imputed interest charge : Suncoast Food Centers has provided the following information with regard to the purchase of equipment. Use a 10 percent rate to compute imputed interest charge
Strategic management-case synopsis : In 2017, Ford Motor Company was facing disruption in the automobile industry and moving in a direction that meant it was becoming more than just an auto company
Compute the total indirect costs : Osborne Ltd manufactures a wide range of leather suitcases. Heating, lighting and power $4,000. Compute the total indirect costs
Are you confident of your abilities in the given area : What planning and organizing functions are needed to be a successful manager in health care? Are you confident of your abilities in this area? Why?
Find how is the cost of a lump-sum purchase allocated : Find how is the cost of a lump-sum purchase allocated to individual assets acquired? Provide a simple example of how the allocation would be performed
Explain the concepts of price discrimination and capacity : Briefly explain the concepts of price discrimination and capacity discrimination in the airline industry, elucidate the concepts with airline examples.
Define issue related to public and personnel administration : Identify an important issue related to public and personnel administration and research both sides, and write a position paper. (Issue Chosen "Social Equity")

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