User Account

All Pages

How much unused capacity cost would company report last year

Assignment Help Managerial Accounting
Reference no: EM132472443

Question 1: Marta Brinksi is an established client whose pension plan was set up many years ago. In both this year and last year, only 2.5 hours of professional staff time were charged to Ms. Brinksi's account. If the company bases its predetermined overhead rate on the estimated overhead cost and the estimated professional staff hours to be charged to clients, how much overhead cost would have been applied to Ms. Brinksi's account last year? This year?

Question 2: Suppose that the company bases its predetermined overhead rate on the estimated overhead cost and the estimated professional staff hours to be charged to clients as in (1) above. Also suppose that the actual professional staff hours charged to clients' accounts and the actual overhead costs turn out to be exactly as estimated in both years. How much unused capacity cost would the company report last year? How about for this year?

Question 3: Refer back to the data concerning Ms. Brinksi in (1) above. If the company bases its predetermined overhead rate on the professional staff hours available, how much overhead cost would have been applied to Ms. Brinksi's account last year? This year?

Question 4: Suppose that the company bases its predetermined overhead rate on the professional staff hours available as in (3) above. Also suppose that the actual professional staff hours charged to clients' accounts and the actual overhead costs turn out to be exactly as estimated in both years. How much unused capacity cost would the company report last year? How about for this year?

Reference no: EM132472443

Questions Cloud

Develop a very brief computer and internet security policy : You have been hired as the CSO (Chief Security Officer) for an organization. Your job is to develop a very brief computer and internet security policy.
How are inventories approached under GAAP and IFRS : How are inventories (IAS 2), property, plant, and equipment (IAS 16), investments (IAS 40), borrowing costs (IAS 23) approached under GAAP and IFRS
Can the same hold true for corporate enterprises today : Do you foresee that the traditional computer will be replaced by mobile and smart technologies as a primary device form factor in the near future?
Write an essay on fractional ownership and its relation : Write at least 500 words on fractional ownership and it's relation to cloud computing. Use at least one example from another industry.
How much unused capacity cost would company report last year : How much unused capacity cost would the company report last year? How much unused capacity cost would the company report last year? How about for this year?
Have you or someone you know ever received phishing message : If so, please share this experience. Explain what type of message it was and what you did to get rid of it. The response must be typed.
Calculate the present value of the minimum lease payments : A Company is planning on leasing construction equipment from C Company, How to calculate the present value of the minimum lease payments?
Identify industry specific cyber law in relation to inquiry : Identify the industry specific cyber law in relation to inquiries and incidents. Identify key vulnerabilities points and strengths. Show compliance using.
SBM1107 HR and Communications in Projects Assignment : SBM1107 HR and Communications in Projects Assignment Help and Solution, Asia Pacific International College - Assessment Writing Service

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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