Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Methods of Estimating Costs: Account Analysis
A consulting firm's accounting records show the following costs for year 1:
Direct materials supplies
$ 360,000
Direct labor
2,580,000
Total overhead
1,140,000
Production was 150,000 billable hours. Fixed overhead was $600,000. For year 2, direct materials costs are expected to increase by 10 percent per unit. Direct labor costs are expected to increase by 15 percent. Variable overhead per billable hour is expected to remain the same, but fixed overhead is expected to increase by 5 percent.
Required
a. Year 2 production is expected to be 195,000 billable hours. What are the estimated direct materials, direct labor, variable overhead, and fixed overhead costs for year 2?
b. Determine the total costs per billable hour for year 1 and year 2.
If you were Bill, how would you explain the issues, which could be brought up from the analysis completed in parts 1 & 2?
Determine the breakeven point in units for the Peoria plant and for the Moline plant and evaluate the operating income that would result from the production manager's plan to manufacture 96,000 units at each plant.
Calculate operating cash flow using the four different approaches described in the chapter and verify that the answer is the same in each case.
question 1on december 31 20x7 the jill corporation issued 20000000 of 15 year face value bonds. the bonds pay interest
Calculate the total manufacturing costs and the cost per unit of the windows produced during the month of March (using the activity-based costing approach).
Prepare a 500-750 word written response to the following: In January 2010, Salem Corporation, purchased $350,000 of new MACRS 5-year property in the US. This equipment was placed in service May 1, 2010. Salem wants to take as much depreciation in ..
These shares were classified as a long-term available for sale investment. It sold the shares on 13th December for $42,100. Organize the journal entry to record this sale.
cash flows from operating activities indirect methodfor the year ended june 30 2010 net income for soak company was
computation of basic and diluted eps charles austin of the controllers office of thompson corporation was provided the
Prepare journal entry to record the acquisition of the land - Fielder company obtained land by issuing 2,000 shares of its $10 par value ordinary shares.
question 1partners ma running-buck and mcfarlane own a hotel. mcfarlane decides that the business has far fewer linens
greiner company makes and sells high-quality glare filters for microcomputer monitors. john graven controller is liable
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd