Manufacturing overhead

Assignment Help Accounting Basics
Reference no: EM13116194

Question: corporation has provided the following production and average cost data for two levels of production volume. the company produces a single product.

production volume.... 4000 units 5000 units
direct materials $45.50 per unit 45.50 per unit
direct labor 44.90 per unit 44.90 per unit
Manufacturing overhead 131.50 per unit 108.50 per uni the best estimate of the total variable manufacturing cost per unit is:

16.50
90.40
45.50
106.90

Answe file includes the answer with explaination

 

Reference no: EM13116194

Questions Cloud

Briefly explain bacterial disease, viral disease : Briefly explain bacterial disease, viral disease, fungal disease and parasitic disease, and give an example of each.
How much hydrogen is formed : Metallic magnesium reacts with steam to produce magnesium hydroxide and hydrogen gas. If 17.1 g of Mg are heated with 9 g of H2O, what is the limiting reactant.
Evaluate how many turns that each wheel would make : The brakes are applied and the bicycle is brought to a uniform speed. During braking , the bicycle covers a translational distance of 10m, Evaluate how many turns that each wheel would make during braking.
Question regarding mortgage calculations : Mr. and Ms.Ostedt have just purchased an $80,000 home and made a 25% down payment. The balance can be amortized at 10% for 25 years.
Manufacturing overhead : Manufacturing overhead 131.50 per unit 108.50 per uni the best estimate of the total variable manufacturing cost per unit is:
Describe the benefits to the company : Describe the benefits to the company. New professional opportunities you believe this degree affords to employees
Comparison of speeds : A new computer is purchased that can do the same job in 5 days. How long would it take to do the job with both computers working on it?
Present value of gold mine : How much should Mr. Graff pay for a gold mine expected to yield an annual return of $20,000 and to have a life expectancy of 20 years, if he wants to have a 15% annual return on his investment and he can set up a sinking fund that earns 10% a year..
Evidence that average purchase is different from liters : At the 0.05 level of significance, is there evidence that the average purchase is different from 10 liters? At the 0.05 level of significance, is there evidence that less than 20% of the motorists purchase super unleaded gasoline?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Dividend yield and equity cost of capital

If Krell is expected to pay a dividend of $0.88 this year, and its stock price is expected to grow to $23.54 at the end of the year, what is Krell's dividend yield and equity cost of capital?

  Question regarding profit functions

Determine the number of statues that must be sold in order to have a profit of at least $2000. Show all supporting work (graphs, etc.).

  Fundamental accounting model

What is the fundamental accounting model? Explain what debit and credit mean? What is a journal entry?

  Post the closing entries to income summary

Instructions, (a) Journalize the closing entries at April 30. (b) Post the closing entries to Income Summary and Retained Earnings. Use T accounts. (c) Prepare a post-closing trial balance at April 30.

  Given transactions for journalization on stock issue

Prepare journal entries for the transactions listed above. Prepare an updated Dec 31st trial balance, reflecting the unrecorded transaction-Prepare a multiple-step income statement for the year ending Dec 31st. Prepare a retained earnings statement f..

  Compute the full taxable income

Find out the amount of Milt's income which is subject to income tax by each state. Make sure to compute the full taxable income and show all computations.

  Several events which influence the cash flows

Future cash flows are, in many cases, subject to change. List several events that could occur that might influence the cash flows in this situation.

  Change in accounting method

At the beginning of 2011, Red decided to change the depreciation to the double-declining balance method. The residual value remains at $4 million. Ignoring income taxes, what will be Red's depreciation expense for 2011?

  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.

  Business analysis and financial reporting

What is shareholder's equity, how is it calculated, and where and how is it reported? What is comprehensive income and how does it influence equity? What happens to shareholder's equity when the firm issues more shares or buys back shares in the o..

  Writing the page memorandum

Write down a one-half page memorandum (at least 2 paragraphs) to Terrio explaining why the $6,000 loss on sale of Blackhawk stock is

  Alpha and beta divisions of fraternity corporation

The following information is given for Alpha and Beta Divisions of Fraternity Corporation. If Fraternity Corporation uses ROI to evaluate division managers, and uses historical cost as the investment base, compute the ROI for Alpha and Beta.

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