User Account

All Pages

What must direct labor be

Assignment Help Accounting Basics
Reference no: EM132687740

Question - X Company sells one product. The following are the accountant's price and cost estimates for 2020:

Selling price $17.13

Direct materials 4.80

Direct labor [all variable] 1.57

Variable overhead 2.57

Variable selling and administration 2.50

Fixed overhead $10,400

Fixed selling and administration 13,800

Unit sales in 2019 were 5,200; unit sales in 2020 are expected to be 4,500. The accountant is uncertain about her $1.57 direct labor estimate. What must direct labor be in 2020 in order for X Company to breakeven (rounded to two decimal places)?

Reference no: EM132687740

Questions Cloud

What were the consequences of the action : Was the incident you chose an instance of measurement error or measurement bias? What were the consequences of the action
Problems nordstom faces on their canadian expansion : What are the problems Nordstom faces on their Canadian expansion? (10) Provide support from the case including the use of proper citations.
Find how much alpha corporation should report : Find how much Alpha Corporation should report for 2017 basic earnings (loss) per share for income (loss) from continuing operations.
Describe a clinical or research scenario : Describe a clinical or research scenario that requires the use of a microscope. What microscope is the best choice for your scenario and why? What would be your
What must direct labor be : The accountant is uncertain about her $1.57 direct labor estimate. What must direct labor be in 2020 in order for X Company to breakeven
Visualization of microbial features : How does crystal violet enhance the visualization of microbial features?
How do determine the number of weighted-average shares : Determine the number of weighted-average shares of common stock outstanding for the 2017 fiscal year? Alpha Corporation started the 2017 fiscal year.
Germination of clostridium botulinum endospores : What conditions encourage the germination of Clostridium botulinum endospores?
Discuss business reasons for employee monitoring : Discuss business reasons for employee monitoring. What types of monitoring are allowed? The response must be typed, double spaced, times new roman.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd