User Account

All Pages

X company uses account analysis to estimate total overhead

Assignment Help Accounting Basics
Reference no: EM13576681

X Company uses account analysis to estimate total overhead costs for each month. In May, when production was 1,200 units, the plant manager classified each overhead cost item as fixed and variable as follows:

Cost Item Total cost Cost Behavior

supplies $25300 100% variable

Utilities $18500 25% fixed

Maintenance $18500 100% fixed

question is If September production is expected to be 1,380 units, what will variable costs per unit be?

Reference no: EM13576681

Questions Cloud

Seard clinic uses patient-visits as its measure of activity : seard clinic uses patient-visits as its measure of activity. the clinic has provided the following reportrequirements
Allowance for doubtful accounts has a credit balance of : allowance for doubtful accounts has a credit balance of 500 at the end of the year before adjustment and uncollectable
Norr and caylor established a partnership on january 1 2013 : norr and caylor established a partnership on january 1 2013. norr invested cash of 100000 and caylor invested 30000 in
The capital project fund has just been created to account : the capital project fund has just been created to account for resources received and expended for the construction of a
X company uses account analysis to estimate total overhead : x company uses account analysis to estimate total overhead costs for each month. in may when production was 1200 units
Corky motors is in its first year of operations and as of : corky motors is in its first year of operations and as of december 30 has total revenues of 5 million projected net
If maintenance hours in october are expected to be 3000 : x company uses the high-low method to predict maintenance costs each month with maintenance hours as the activity
In 2013 x companys revenue was 206100 its total variable : in 2013 x companys revenue was 206100 its total variable costs were 121050 and its fixed costs were 91300. assume that
Lichty car wash has some equipment that needs to be rebuilt : lichty car wash has some equipment that needs to be rebuilt or replaced. the following information has been gathered

Reviews

Write a Review

Accounting Basics Questions & Answers

  Describe the purpose of lcm rule and accounting convention

the lower of cost or market lcm rule is used in the valuation of inventories. the lcm rule explains that if the

  Record the sale and related collection

On January 6, Arneson Co. sells merchandise on account to Cortez Inc. for $9,000 terms 2/10, n/30. On January 16, Cortez Inc. pays the amount due. Prepare the entries on Arneson's books to record the sale and related collection.

  Partnerships journal entry to record morriss investment

Which value of the land is appropriate for measuring Morris's capital-book value or current market value and give the partnership's journal entry to record Morris's investment in the business.

  Affect the taxable income of two owners

Sara owns a sole proprietorship and Phil is the sole shareholder of a C (regular) corporation. Each business sustained a $9,000 operating loss and a $2,000 capital loss for the year. Evaluate how these losses will affect the taxable income of the ..

  Helen greg and wanda own the stock in hgw corporation with

helen greg and wanda own the stock in hgw corporation with earnings and profits of 900000 as follows helen 600 shares

  Journal entry for issuance of bonds

Prepare the journal entry to record the issuance of the bonds and the related bond issue costs incurred on January 1, 2009.

  Addressing comprehensive income

Determine how the authoritative literature addresses comprehensive income and illustrate with an example.

  Carrying value-earnings for available-for-sale

Presented below are 3 unrelated situations involving equity securities: What is the effect upon carrying value and earnings for each of the situations above?

  Increasing the tax liability

Miley, a single taxpayer, plans on reporting $25,000 of taxable income this year (all of her income is form a part-time job). She is considering applying for a second part-time job that would give her an additional $10,000 of taxable income. By ho..

  Which of the following is true about a cash flow statement

which of the following is true about a cash flow statement using the indirect method of determining cash from

  Cardinals corporation purchased a computer

Cardinals Corporation purchased a computer on December 31, 2013, for $210,630, paying $60,180 down and agreeing to pay the balance in five equal installments of $30,090 payable each December 31 beginning in 2014. An assumed interest rate of 9%..

  Bubbas steakhouse has budgeted the following costs for a

1.three costs incurred by pitt company are summarized

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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