Find prime costs

Assignment Help Accounting Basics
Reference no: EM132566906

Question - NM Company estimated the following costs for the coming month:

Variable overhead to direct labor ratio 60%

Fixed overhead costs $10,000

Direct material to total costs ratio 20%

Estimated total costs $100,000

Required - Find prime costs.

Reference no: EM132566906

Questions Cloud

Outline the six stages of the typical capital expenditure : OUTLINE THE SIX STAGES OF THE TYPICAL CAPITAL EXPENDITURE PROCESS AND EXPLAIN THE LIKELY ROLE OF THE MANAGEMENT ACCOUNTANT
Reoviruses contain genomes that are unique in all of biology : Reoviruses contain genomes that are unique in all of biology. Why? Why can't reovirus replication occur in the host cytoplasm? Contrast reovirus genomic replica
Hypothesis proposes that terrestrial plants : One hypothesis proposes that terrestrial plants could not have evolved from aquatic ancestors until fungi had colonised the land.
How to compute roi using net book value and gross book : How to Compute ROI, using net book value and gross book value for each year. (Enter your answers as a percentage rounded to 1 decimal place)
Find prime costs : NM Company estimated the following costs for the coming month: Fixed overhead costs $10,000. Find prime costs
Discuss two psychrotrophic organisms : Discuss two psychrotrophic organisms: one an organism that causes infection and intoxication, the other an organism that is able to cross the placental barrier
Discuss the extrinsic factors of food involved : Discuss the extrinsic factors of food involved in preservation of food and give one example for each of the factors mentioned.
What was profit or loss on each speaker at the sale price : What was the profit or loss on each speaker at the sale price? What was Wing's cost for each speaker? What was the rate of markdown for the sale?
Nutrients across the cell membrane and into the cell : Bacteria need to be able to move nutrients across the cell membrane and into the cell in order to use them in basic metabolic reactions. Name the three major pr

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