Wages and salaries in the planning budget

Assignment Help Financial Accounting
Reference no: EM13749833

Guilbault Midwifery’s cost formula for its wages and salaries is $2,340 per month plus $154 per birth. For the months of June, the company planned for activity of 115 births, but the actual level of activity was 112 births. The actual wages and salaries for the month was $19,530. The wages and salaries in the planning budget for June would be closest to:

A. $19,530

B. $19,588

C. $20,053

D. $20,050

Reference no: EM13749833

Questions Cloud

Identifying and explaining how the breach occurred : Read the list of suggested resources to find URLs for news stories and reports for your chosen topic. Then find 3 to 5 additional sources on your own. identifying and explaining how the breach occurred (or suspicions by authorities as to how it may..
Present value of an ordinary annuity : On January 1, Mojo Company purchased a new machine for $100,000 to be depreciated over 5 years. It will have no salvage value at the end of its useful life. For both book and tax purposes, depreciation will be $20,000 per year.
Type of program that would resolve the problem : Identify the type of program that would resolve the problem. Describe the processes used to identify the problem in the case study.
Expense provision for doubtful accounts : Credit sales for the year amounted to $10,379,200. Baylor’s expense provision for doubtful accounts is estimated to be 3% of credit sales
Wages and salaries in the planning budget : Guilbault Midwifery’s cost formula for its wages and salaries is $2,340 per month plus $154 per birth. For the months of June, the company planned for activity of 115 births, but the actual level of activity was 112 births. The actual wages and salar..
Creating a fourth table : She asks you to help her continue building the database by changing the properties for fields in three tables, creating a fourth table, adding records, and creating the table relationships
The statement of cash flows : The statement of cash flows:
Net cash provided by operating activities : Boole Corporation’s net cash provided by operating activities was $112; its capital expenditures were $76; and its cash dividends were $31. The company's free cash flow was:
Briefly explain why the situation violates : Melissa Barry, CPA, is the auditor of Audio Video, Inc. Audio Video has not paid Melissa's audit fee for the past 2 years. Melissa is working on this year's audit of Audio Video. Determine whether Rule 101 of the AICPA's Code of Professional Conduct,..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Computation of free cash flow

Computation of free cash flow and Given the following financial statements for ACME Corporation, what is the company's free cash flow for 2004?

  How much is the payment

The first payment is $300 and each successive payment will increase by a constant dollar amount x. How much is the constant amount x? How much is the 48th payment?

  What other ways could you allocate fixed manufacturing price

Calculate increase in revenue after additional variable costs then subtract additional fixed cost. What other ways could you allocate fixed manufacturing costs?

  Prepare an income statement for the year ended

Prepare an income statement for the year ended December 31, 20X6, by using direct costing and prepare an income statement for the year ended December 31, 20X6, by using absorption costing.

  Compute the balance in the work in process inventory account

Calculate the predetermined overhead rate and compute the total manufacturing overhead applied to the Work in Process Inventory account during the first month of operations.

  Three people are starting with business in which first

three people are starting with business in which first person is contributing with 200000 for a 40 ownership interest

  Prepare the cash flows from operating activities section

Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method for Jones Soda Co. for the year.

  What is depreciation for years

The building is to be depreciated using the straight-line method over a period of 40 years with no salvage value. What is depreciation for year 1 and year 2?

  Ohio corp reported a deferred tax liability of 6000000 for

ohio corp. reported a deferred tax liability of 6000000 for year ended 31st december 2012 when the tax rate was 40. the

  The 2011 balance sheet of the captain jet inc is attached

the 2011 balance sheet of the captain jet inc. is attached. during 2012 the subsequent events occurred.1. on january 10

  Question exercise 1tanner-unf corporation acquired as a

question exercise 1tanner-unf corporation acquired as a long-term investment 240 million of 6 bonds dated july 1 on

  Compute the net present value of the proposed licensing

The new device must be ontained through a licensing arrangement with the developer. The license period lasts for only 8 years. Fairway Food's require rate of return is 10%.

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