Gunnie inc produces and sells dog food each bag contains 20

Assignment Help Accounting Basics
Reference no: EM13577147

Gunnie Inc. produces and sells dog food. Each bag contains 20 pounds of dog food. Following additional information is provided by the company: Direct materials quantity standard 10 pounds per unit Direct materials price standard $0.02 per pound Direct labor time standard 0.1 hour per unit Direct labor rate standard $10.00 per hour Variable overhead rate standard $2.00 per machine hour Fixed overhead rate standard $1.00 per machine hour Machine hour standard 0.50 hours per unit Compute the standard unit cost for each bag.

Reference no: EM13577147

Questions Cloud

If your particular class has an average of 89 can you : suppose that the average grade for all people who take this course in statistics is 83 with a standard deviation of
A corporation provides you the following budgeted cost : a corporation provides you the following budgeted cost information for april 2014. budgeted variable costs per unit
If you try and guess the correct answer for each question : you are given 10 multiple choice questions with 5 choices each of which only one is correct. if you try and guess the
In a management trainee program 80 percent of the trainees : in a management trainee program 80 percent of the trainees are female 20 percent male. ninety percent of the females
Gunnie inc produces and sells dog food each bag contains 20 : gunnie inc. produces and sells dog food. each bag contains 20 pounds of dog food. following additional information is
If the gas mileages are normally distributed with a : the average gas mileage of a certain model car is 30 miles per gallon. if the gas mileages are normally distributed
Superior manufacuring produced and sold 50000 temperature : superior manufacuring produced and sold 50000 temperature gauges last year for 42 each. this level of activity amouned
A company uses direct labor hours to allocate variable and : a company uses direct labor hours to allocate variable and fixed overhead costs. under which of the following
The number of kernels of corn in a bag of microwave : the number of kernels of corn in a bag of microwave popcorn is 1262 with a standard deviation of 118 kernels.

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