User Account

All Pages

Calculate a variable rate for the maintenance department

Assignment Help Accounting Basics
Reference no: EM131794285

Problem - Fixed cost (salaries, tools): 57,200 per year

Variable cost (supplies): 0.75 per maintenance hour

Yearly hrs Monthly peak hrs

Assembly Department: 4500 390

Fabricating Department: 6700 1300

Packaging Department: 10,800 910

Total Maintenance: 22,000 2,600

Actual usage for the year by:

Assembly Department: 3960

Fabricating Department: 6800

Packaging Department: 10,000

Total Maintenance: 20,760

Required:

1. Calculate a variable rate for the Maintenance Department. Round your answer to two decimal places.

Calculate the allocated fixed cost for each using department based on its budgeted peak month usage in maintenance hours.

2. Use the two rates to assign the costs of the Maintenance Department to the user departments based on actual usage. Calculate the total amount charged for maintenance for the year.

Reference no: EM131794285

Questions Cloud

Explain what may be going on by adding chemical : It is found that a certain plasma etch chemistry in a certain RIE etch system pro-duces vertical sidewalls with zero etch bias when etching a particular film.
Public image is more important to creatives : Public image is more important to Creatives than it is to all teens, in general.
What is Niendorf new required return : Niendorf Corporation's stock has a required return of 15.00%, the risk-free rate is 4.00%, and the market risk premium is 5.00%.
What are the tax consequences of the distribution to iceberg : Iceberg Lounge, Inc., is an accrual basis corporation. What are the tax consequences of the distribution to Iceberg and Oswald (no one cares about Butch).
Calculate a variable rate for the maintenance department : Calculate the allocated fixed cost for each using department based on its budgeted peak month usage in maintenance hours
Discuss about production in the fourth quarter : how many units should be scheduled for production in the fourth quarter
Manufactures oxygen delivery systems : You're evaluating a proposal from a hospital equipment company that manufactures oxygen delivery systems.
Compute the dollar amount of the total current assets : On December 31, Gray Company has the following list. Compute the dollar amount of the total current assets as it would appear on the December 31 balance sheet
Write and test a function for the vertex-deletion algorithm : Write and test a function for the vertex-deletion algorithm in Exercise.Delete a vertex containing a given data item and all edges incident to it.

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: +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