How well costs were controlled in this department

Assignment Help Cost Accounting
Reference no: EM13505168

The following overhead data are for a department in a large company.


Actual Costs

Static


Incurred

Budget

Activity level (in units)

400

380

Variable costs:



Indirect materials

$9,050

$8,132

Power

$2,540

$2,394

Fixed costs:



Administration

$5,080

$5,100

Rent

$8,590

$8,600

Required:

Prepare a report that would be useful in assessing how well costs were controlled in this department.

 

Reference no: EM13505168

Questions Cloud

Determine how far from the base of the hill does he end up : Josh starts his sled at the top of a 3.0 m high hill that has a constant slope of 25°. After reaching the bottom, he slides across a horizontal patch of snow. How far from the base of the hill does he end up
Explain the standardenthalpy of atomization for sodium : The standard enthalpy of atomization of an element is the energyrequired to convert 1 mole of an element in its most stable form at25 centigrade to 1 mole of monatomic gas. Given that the standardenthalpy of atomization for sodium is 108.4 kJ mol-..
Explain what is the new ph : Suppose you have 260.0 mL of a 0.320 M NaC2H3O2 solution. You add 260.0 mL of a 0.320 M HCl solution to it. What is the new pH
Explain completely neutralizes stomach acid : Completely neutralizes stomach acid (HCl, .10M) How much carbon dioxide is made at STP conditions (37C, 767 torr, 100% humid) by ingesting one 1.834 gram tablet
How well costs were controlled in this department : Prepare a report that would be useful in assessing how well costs were controlled in this department.
Find the velocity of second glider after the collision : On an air track, a 400 g glider moving to the right at 2.00 m/s collides elastically with a 500 g glider moving in the opposite direction at 3.00 m/s, Find the velocity of second glider after the collision
Analysis for the mixing department : Explain how the analysis for the Cooking Depart-ment will differ from the analysis for the Mixing Department - prepare a process cost report for the Mixing Department for January - Prepare a process cost report for the Mixing Department for January.
What is the force exerted by the person : A person pushes a 10 kg box from rest and accelerates it to a speed of 3.2 m/s with a constant force. what is the force exerted by the person
Find out the percent yield of hclo4 : 100.0g of Cl2O7 are mixed with excess of water obtaining 136.0g of periodic acid according to the following reaction. Determine the percent yield of HClO4.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Compute the on-time saving amount

Compute the on-time saving amount when you can earn 1% each day from the stock market, Suppose you can trade 250 times each year.

  Did this company mention a transfer pricing methodology

Did this company mention a transfer pricing methodology in its disclosures? If yes, have they negotiated an advanced pricing agreement with the IRS with respect to transfer pricing?

  Calculating payback

Calculating Payback. An investment project provides cash inflows of $585 per year for 8 years. What is the project payback period if the initial cost is $1,700? What if the initial cost is $3,300? What if it is $4,900?

  A probability-proportional-to-size sample with a sampling

In a probability-proportional-to-size sample with a sampling interval of $10,000, an auditor discovered that a selected account receivable with a recorded amount of $5,000 had an audited amount of $4,000.

  Problem on traditional costing procedures

Overhead cost allocated to Beta by using traditional costing procedures would be and overhead cost allocated to Beta by using activity-based costing procedures

  Prepare all entries required to properly record the sale

On April 1, 2014, West Company purchased $476,000 of 5.25% bonds for $494,790 plus accrued interest as an available-for-sale security. Interest is paid on July 1 and January 1 and the bonds mature on July 1, 2019.

  What transfer price would you recommend

What transfer price would you recommend and why and what transfer price would you recommend if the Battery Division is now selling 1,000,000 batteries a year to retail outlets?

  Evaluate the cost recovery deduction

She takes additional first year depreciation. Evaluate the cost recovery deduction with respect to the asset for 2013.

  Problem 1the frackle department is the first of a two-stage

problem 1the frackle department is the first of a two-stage production method. spoilage is identified when the units

  Identify the limitations of the internal control system

Provide at least 2 examples of internal control procedures, and explain how these procedures can be implemented.

  Compute basic earnings per share for 2010

There were no changes during 2010 in the number of common shares, preferred share, or convertible bonds outstanding.

  What is the total amount of expenses

What is the total amount of expenses (ignoring taxes) that would appear in Lexicon's income statement for the year ended December 31 related to these items?

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