Calculate the budgeted volume amount

Assignment Help Accounting Basics
Reference no: EM132019337

Question - The allington screen plant of allington windows manufactures new and replacement screens the plant produces more than 500 different screen sizes and offers four different aluminum frame colors plant overhead is absorbed to each screen produced using the square inches of the screen as the allocation base the single plant wide overhead rate estimated before the year begins is based on a flexible budgeting dived by budgeting volume is measured in square inches of the screens produced the following table summarizes operations for the year

Budgeting variables overhead per sq in $0.01

Actual overhead incurred $4287482

Budgeted fixed overhead $3594240

Over absorbed overhead $797759

Actual volume sq in 141256700

Calculate the budgeted volume amount (in screen square inches) allington screen plant used in computing the plant wide overhead rate for the year?

Reference no: EM132019337

Questions Cloud

How to foster and maintain business relationships : SIT60316 Advanced Diploma of Hospitality Management - SITXMGT002 - Establish and conduct business relationships - Apex Institute of Education Australia
Prepare the journal entries necessary to correct the books : Prepare the journal entries necessary in 2015 to correct the books, assuming that the books have not been closed. Disregard effects of corrections on income tax
What changes could be introduced to the program in future : Why has this one failure had such an impact on the public's confidence in the government's ability to spur economic development?
Calculate the cost of goods sold using the FIFO : Calculate the cost of goods sold using the FIFO periodic inventory method assuming that two of the three players were sold by the end of December
Calculate the budgeted volume amount : Calculate the budgeted volume amount (in screen square inches) allington screen plant used in computing the plant wide overhead rate for the year
Compute the amount of goodwill acquired by pronghorn : On August 1, 2017, Pronghorn Corporation acquired Larkspur, Inc. for a cash payment of $2.1 million. Compute the amount of goodwill acquired by Pronghorn
Describe potential benefits of enterprisewide architecture : List and describe all of the potential benefits (and costs) that Nationstate would realize from the establishment of an enterprisewide architecture.
What is southern atlantic net income : Pretax accounting income for 2018 was $540,000, which includes interest revenue of $70,000 from municipal bonds. What is Southern Atlantic's 2018 net income
Explain both organizations concept of accreditation : Within your state, a few fire chiefs (career and volunteer) have begun to question the value of PROBOARD and IFSAC.

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.

  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!

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