User Account

All Pages

Determine the variable cost per machine hour

Assignment Help Accounting Basics
Reference no: EM131766649

Question - The Wiscow Manufacturing Company recorded overhead costs of $21,500 at an activity level of 5,000 machine hours and $8,000 at 2,500 machine hours. The records also indicated that overhead of $10,000 was incurred at 4,200 machine hours. Using the high-low method to estimate the cost equation, determine the variable cost per machine hour.

A. $5.40

B. $14.38

C. $1.18

D. $4.60

Reference no: EM131766649

Questions Cloud

What is melody net income for may : Melody's Piano School operations for the month of May, What is Melody's Net Income for May using the cash basis of accounting
Create a solid communication plan for your change initiative : Create a solid communication plan for your change initiative. Ascertain how each of the steps applies to your specific organization.
What circumstances do you think formal interviews : Under what circumstances do you think formal interviews can be useful?
What is the optimal size of the production run : Radovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. What is the optimal size of the production run?
Determine the variable cost per machine hour : Using the high-low method to estimate the cost equation, determine the variable cost per machine hour
Discuss risk methodologies used in capital budgeting : Respond to the following scenario with your thoughts, ideas, and comments. Be substantive and clear, and use research to reinforce your ideas.
Calculate the MNKs operating profits : Variable shipping and other selling expenses would be an additional $1 per unit for the special order. If special order is accepted, MNK's operating profits be:
Natural barriers to entry-contrived deterrence as barrier : Discuss the difference between natural barriers to entry and contrived deterrence as a barrier to entry.
Compute the total cost for each model : Compute the total cost for each model, assuming Cameron Carts uses: direct labor hours to allocate overhead costs

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: +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