Serta carpet which manufactures carpet incurred the

Assignment Help Accounting Basics
Reference no: EM13605163

Serta Carpet, which manufactures carpet, incurred the following costs for March when 2,600 yards of carpet were produced and sold: $12,200 for nylon thread used on carpet $16,000 for scotch guard for carpet $4,000 for jute backing to reinforce the carpet $5,000 for glue to be used in the manufacturing process $21,000 for insurance (half for administrative activities, half for production activities) $7,000 for production employee's wages $10,000 for rent (60% for the production facility, 40% for the administrative offices) How much are total variable costs if 2,200 yards of carpet are produced and sold in April?

Reference no: EM13605163

Questions Cloud

Rambles toyland makes a product that sells for 70 per unit : rambles toyland makes a product that sells for 70 per unit and has 45 per unit in variable costs. annual fixed costs
A if the charged particle is 3 cm away calculate both the : a large point charge of q 50 microc creates an electric field and an electric potential all around it. a styrofoam
Sandblasting equipment acquired at a cost of 86000 has an : sandblasting equipment acquired at a cost of 86000 has an estimated residual value of 5000 and an estimated useful life
Find the change in kinetic energy of the system of two : a 1050 kg sports ca is moving westbound at 15.0ms on a level road when is collides with 6320kg truck driving east on
Serta carpet which manufactures carpet incurred the : serta carpet which manufactures carpet incurred the following costs for march when 2600 yards of carpet were produced
Calculate the number of vacancies at 546degc given that the : the number of vacancies present in some metal at 857degc is 1.7 x 1024 m-3. calculate the number of vacancies at
On january 1 2010 sands company had accounts receivable : on january 1 2010 sands company had accounts receivable 54200 and allowance for doubtful accounts 3700. sands company
What is the initial velocity of the cork as seen by an : a hot air balloon decends toward the ground with a velocity of 1.6 ms. a champagne bottle is opened to celebrate
Rose wilson is entering her senior year as an accounting : rose wilson is entering her senior year as an accounting major and has a number of options for her summer break. her

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare a new income statement for the year using variable

topple company produces a single product. operating data for the company and its absorption costing income statement

  Loris purchased educational saving bonds to help finance

loris purchased educational saving bonds to help finance her sons education. she paid 4000 for the bonds. the bonds

  Explain how these events would affect the balance sheet

effect of product versus period costs on financial statements hoen manufacturing company experienced the following

  Finished goods on hand

The following information is available for completed job: Direct materials,$60000; direct labor $ 90000,manufacturing overhead applied $ 45000, units produced 5000 units, units sold 4000 units. the cost of the finished goods on hand from this job ..

  Vineyard test laboratories does heat testing and stress

vineyard test laboratories does heat testing and stress testing on materials and operates at capacity. under its

  Four various competent accountants independently agree on

four different competent accountants independently agree on the amount and method of reporting an economic event. the

  Control alt design acquired 30 of the outstanding common

control alt design acquired 30 of the outstanding common stock of walter company on january 1 2012 by paying 958000 for

  Prepare a statement of partnership liquidation indicating

prepare a statement of partnership liquidation indicating a the sale of assets and division of loss b the payment of

  Blue niles strategy for success in the marketplace

What is Blue Nile's strategy for success in the marketplace? Does the company rely primarily on a customer intimacy, operational excellence, or product leadership customer value proposition? What evidence from the 10-K supports your conclusion?

  Up to how much would the company be willing to pay for one

nbspcrane company makes four products in a single facility. data concerning these products appear belowproductnbspnbsp

  Beginning balance in the finished goods

The beginning balance in the work in process account was $19,000 and the ending balance was $12,000. The beginning balance in the finished goods account was $35,000 and the ending balance was $58,000. Sales totaled $240,000. Selling expense was $1..

  Amount of investigation costs

She incurs expenses of $18,000 (accounting fees, marketing survey, etc.) in exploring its business potential. Her parents have agreed to loan her the money required to start the business. What amount of these investigation costs can Juliet deduct ..

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