User Account

All Pages

Calculate smithson fixed costs per month

Assignment Help Managerial Accounting
Reference no: EM132585563

Question 1: Given the following cost and activity observations for Smithson Company's utilities, use the high-low method to calculate Smithson's fixed costs per month. Do not round your intermediate calculations.

Month         Cost           Machine Hours

Jan           $52,200       20,000

Feb           $75,000     29,000

Mar          $57,000      22,000

April       $64,000        24,500

Reference no: EM132585563

Questions Cloud

Write a Research Paper on Evidence Based Practical Method : Write a Research Paper on "Evidence Based Practical Method". Total 1200 words and Type of referencing: APA format
Why do think the degree of movement : Why do think the degree of movement over a short period may depend on whether the reason is trade flows or capital flows?
What was carter co break-even point in units : Carter Co. sells two products, Arks and Bins. Assuming that last year's fixed costs totaled $960,000, what was Carter Co.'s break-even point in units?
What rate of return on investment for avey corporation is : Income from operations amounting to $49,500 and a desired minimum rate of return of 7.5%. The rate of return on investment for Avey Corporation is?
Calculate smithson fixed costs per month : Smithson Company's utilities, use the high-low method to calculate Smithson's fixed costs per month. Do not round your intermediate calculations
Discuss modern manufacturing practices : Discuss modern manufacturing practices and how they affect product costing. Include at least one of the three major changes in manufacturing practices
Write a Research Paper on Disease and Epidemiology : Assignment - Write a Research Paper on "Disease and Epidemiology". Total 1500 words and Type of referencing: APA format
What do you believe is a fair price for builtrite stock : If you require a 14% annual return, what do you believe is a fair price for Builtrite stock?
What total fixed costs are : In its slowest month, the company made 1,100 desks at a cost of $46,000. Using the high-low method of cost estimation, total fixed costs are

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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