Abel company''s manufacturing overhead

Assignment Help Microeconomics
Reference no: EM131029646

Abel Company's manufacturing overhead is 20% of its total conversion costs. If direct labor is $38,000 and if direct materials are $47,000, the manufacturing overhead is:

A) $152,000

B) $11,750

C) $21,250

D) $9,500

Reference no: EM131029646

Questions Cloud

Find the equation of parabola describe : Find the equation of the parabola. Find 2 points that define latus rectum. Graph. Focus (0,1) Diectrix line y= -1
How is the energy absorbed and passed along the pathways : After digestion carbohydrates such as glucose are absorbed through the villi wall and into the blood stream. Describe in detail how the body then gathers the energy of glucose molecule at the cellular level.
All of the following are examples of product costs except : All of the following are examples of product costs except:
Manufacturing overhead includes : Manufacturing overhead includes: A) all direct material, direct labor and administrative costs. B) all manufacturing costs except direct labor.
Abel company''s manufacturing overhead : Abel Company's manufacturing overhead is 20% of its total conversion costs. If direct labor is $38,000 and if direct materials are $47,000, the manufacturing overhead
What is the recommended production lot size : Kellam Images prints snack food bags on long rolls of plastic film. The plant operates 250 days a year. The daily production rate is 6000 bags, and the daily demand is 3500 bags. The cost to set up the design for printing is $300. The holding cost..
A company''s accounting records : All of the cost categories listed below are usually found in a company's accounting records, except for: A) sunk costs. B) inventoriable costs.
Activity decreases within the relevant range : When the level of activity decreases within the relevant range, the fixed cost per unit will:
The production level varies : Which of the following production costs, if expressed on a per unit basis, would be most likely to change significantly as the production level varies?

Reviews

Write a Review

Microeconomics Questions & Answers

  Analyze the economic impact of contracting and governance

Analyze the economic impact of contracting, governance and organizational form within organizations

  Recognize type of merger activity in the industry or one

management has recognized the effect of changes in the real-world competitive environment and government policies on

  The conduct of monetary policy

The Conduct of Monetary Policy

  Why are real wages in the united states higher than in other

Why are real wages in the United States higher than in other countries? Is the labor force itself responsible for the higher wages of American workers? Explain.

  An online stock trading company makes part

An online stock trading company makes part of their revenue from clients when the clients trade stocks therefore, it is important to the company to have an good idea of how many trades its clients are making in a given year. In a sample of 120 client..

  According to the quantity theory of prices and money

According to the quantity theory of prices and money, a five percent change in the money supply, holding other variable constant, leads to

  A us dollar appreciates in value relative to japanese yen

the consumer price index was 190.7 in january of 2005 and it was 198.3 in january of 2006. therefore the rate of

  It is often said that a good theory is one that can be

It is often said that a good theory is one that can be refuted by an empirical, data-oriented study. Explain why a theory that cannot be evaluated empirically is not a good theory.

  Presume the equilibrium quantity in the market for widgets

Presume the equilibrium quantity in the market for widgets is 200 per month when there is no tax. Then a tax of $5 per widget is imposed. As a result, the government is able to raise $740 per month in tax revenue. We can conclude that the equilibrium..

  Price gouging and windfall profits of the major

Through the energy crisis of the 1970s, and again in the last five years, Congress bemoaned the “price gouging” and “windfall” profits of the major oil companies. In the 1970s Congress imposed an “excess profits tax” on these companies. It did not do..

  Now explain failures related with each of the three

various strategies have been advocated and used to promote ldc development. identify and describe three major ldc

  The economic term for productive resources

What is the economic term for productive resources that provide a means for society to produce and distribute its goods.

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