What is the standard variable overhead rate in august

Assignment Help Accounting Basics
Reference no: EM132009829

Question - Dawson Factory prepares a flexible budget every month.August's budget contained the following information. Please use the high-low method to answer. Please Show work.

Level of Activity: Total Budgeted Overhead:

40,000 Direct labor hours $164,900

60,000 Direct labor hours $199,000

Required:

a. What's the standard variable overhead rate in August?

b. How much fixed overhead was budgeted in August?

Reference no: EM132009829

Questions Cloud

What will be your annual loan payments : You need $13,000 to purchase a used car. your wealthy uncle is willing to lend you the money as an amortized loan. He would like you to make annual payments.
How english common law influenced the american system : Based on the Learning Resources, compare two patterns of criminal activity and violence in England during this period.
Asset-based lenders avoid inventory-only deals : Asset-based lenders avoid inventory-only deals; they prefer to make loans backed by inventory and:
What is the present value of deferred compensation : A CEO has signed a deferred compensation agreement that will pay her $10 million in 10 years time. If the appropriate discount rate is 8%.
What is the standard variable overhead rate in august : Dawson Factory prepares a flexible budget every month.August's budget contained the following information
Identify the criminological theory that you believe best : The history of the United States juvenile justice system can be traced back to the colonial period in the 1600's.
What environmental factors are in life : What environmental factors are in your life, like schol or family and how would that affect your pursuit of meaning in life?
A job description of an entry level probation officer : Go to any probation department or parole department website and pull a job description of an entry level probation officer or parole officer.
Plot the feasible set or the opportunity set : Suppose that mutual fund A has an expected return of 10% and a standard deviation of 15%. Mutual fund B has an expected return of 15% and a standard deviation.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  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.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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