1 the alphonse company assign fixed overhead costs by

Assignment Help Cost Accounting
Reference no: EM13370691

1. The Alphonse Company assign fixed overhead costs by machine hours and variable overhead costs by direct labor hours. At the starting of the year the company expects fixed overhead costs to be $600,000 and variable costs to be $800,000. The expected machine hours are 6,000 and the expected direct labor hours are 80,000. The actual fixed overhead costs are $700,000 and the actual variable overhead costs are $750,000. The actual machine hours during year are 5,500 and the actual direct labor hours are 90,000.

a. Find how much overhead is allocated?
b. Evaluate what is the over/under absorbed overhead?

 

2. Standard quantities are generally defined by the technical characteristics of the _________ and are often estimated by industrial engineering studies that inspect how long a particular manufacturing process takes or how much raw material is required to produce the product.

a. standard cost
b. materials sold
c. labor variance
d. production process 

Reference no: EM13370691

Questions Cloud

Preparing cad geometry for fea element selection meshing : preparing cad geometry for fea element selection meshing and mesh optimisation as well as model simplification. in the
Proctor and gamble pampg and the lever co decide to form a : proctor and gamble pampg and the lever co. decide to form a laundry detergent cartel for future sales in europe. lever
The westhouser paper company in the state of washington : the westhouser paper company in the state of washington currently has an option to purchase a piece of land with good
1 the talbott company has got an order 324 for 100 widgets : 1. the talbott company has got an order 324 for 100 widgets. on 20th january the shop supervisor requisitioned 100
1 the alphonse company assign fixed overhead costs by : 1. the alphonse company assign fixed overhead costs by machine hours and variable overhead costs by direct labor hours.
Daniel is considering selling two stocks that have not : daniel is considering selling two stocks that have not fared well over current years. a friend freshly informed daniel
The talbott company has received an order 324 for 100 : the talbott company has received an order 324 for 100 widgets. on january 20 the shop supervisor requisitioned 100
Show the nonfinancial information that may be used to : show the nonfinancial information that may be used to estimate the performance of a college or university and suggest
William sold section 1245 property for 25000 in 2012 the : william sold section 1245 property for 25000 in 2012. the property cost 35000 when it was purchased five-years ago. the

Reviews

Write a Review

Cost Accounting Questions & Answers

  Prepare the entry to record original investment in piaffe

On July 1, 2013, Walter Allen Inc. purchased 6,000 shares of the outstanding common stock of Piaffe Corporation at a cost of $140,000. Piaffe had 30,000 shares of outstanding common stock. Assume the total book value and fair value of net assets i..

  Compute the percentage of completion on the contract

It should be noted that included in the above costs incurred to date were standard electrical and mechanical materials stored on the job site, but not yet installed, costing $105,000. These costs should not be considered in the costs incurred to d..

  Evaluate sarahs deductible transportation expense

Evaluate Sarahs deductible transportation expense

  Establish and maintain accounting information systems

Andrew Dore is a system consultant with The Wizards Pty Ltd. Andrew's friend Justin has opened a new boat yard business, Floating Free Pty Ltd.

  What will be the company''s dividend payout ratio

Redwood Systems and forecasting company's income- What will be the company's dividend payout ratio

  A if you could pick a single source of cash for your

a. if you could pick a single source of cash for your business what would it be? why?b. how can a business

  What variable cost is as defined for activity-based-costing

What variable cost is as defined for Activity-Based-Costing and what direct cost is as defined for Activity-Based-Costing

  Prepare schedule showing target cost and the current cost

Target cost equals selling price required return of computer company required return to Timberland and use the Target Cost Worksheet to complete this assignment.

  Standard cost sheet massage chairmetal tubing 6 meters 3

standard cost sheet massage chairmetal tubing 6 meters 3 18.00leather 2 square meters 7 14.00padding 3 kilograms 4

  Create an incremental analysis for the special order

McGee Corporation offers Gruden $5 per disc for 5,000 discs. McGee would sell discs under its own brand name in foreign markets not yet served by Gruden.

  Determine the basic and diluted earnings per share

Determine the basic and diluted earnings per share values for year ending 31 st December, 2011. Austin has compiled the information given below.

  Compute the breakeven point in units

Compute the breakeven point in units, assuming that the planned revenue mix is maintained and compute the breakeven point in units if Only standard carriers are sold

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