User Account

All Pages

What would be the estimate of total overhead costs in july

Assignment Help Accounting Basics
Reference no: EM131693888

Question - X Company's accountant has collected the following cost and activity information from the past two months to help her develop a cost function that she could use to predict costs in July. Production in July is expected to be 10,600 units:

Month Overhead Cost Units Produced

May $27,100       7,500        

June $31,280       9,400        

Assume the accountant used account analysis and data from May to develop the cost function. She collected the following additional May information: cost of supplies was $10,960, all variable, cost of utilities was $5,300, 80% variable, and cost of rent was $10,840, all fixed. Using the resulting cost function, what would be the estimate of total overhead costs in July?

Reference no: EM131693888

Questions Cloud

Responding to the change of environment : Temperature is one of the factors which can modulate the body function.
Perform a web search for object-oriented systems analysis : Perform a web search for the exact phrase "object-oriented systems analysis". You will find lots of sites that address this topic.
Muscular walls of the ventricles : The walls of the atria, however, were much thinner. Why do you think the ventricular walls are so much thicker than the atrial walls?
How is a hurdle rate used in practice inside of organization : How is a hurdle rate used in practice inside of an organization?
What would be the estimate of total overhead costs in july : Using the resulting cost function, what would be the estimate of total overhead costs in July
Fact unusual in evolutionary terms : According to the fossil record Homo Sapiens is the only of the many hominid species lived on planet earth is this fact unusual in evolutionary terms.
Identify the model for improving interpersonal skills : In evaluating personality types and cognitive styles, which types/styles do you consider important for identifying with personality differences among people?
How does an incentive system work in an organization : How does an incentive system work in an organization? Please explain how incentives can influence employee performance.
Company gain from having these outside directors on board : What does the company gain from having these outside directors on the board?

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