User Account

All Pages

Calculate the cost of unloading

Assignment Help Managerial Accounting
Reference no: EM132516640

The receiving department of Owen has three activities: unloading, counting goods, and inspecting. Unloading requires a forklift that is leased for $15,000 per year. The forklift is used only for unloading. The fuel for the forklift is $2,000 per year. Inspection requires special testing equipment that has a depreciation of $500 per year and an operating cost of $1,000 per year. Receiving has four employees who each have an average salary of $35,000 per year.

The work distribution matrix for the receiving personnel is as follows:

Activity on Each            Activity

Unloading                        25%

Counting                         40%

Inspecting                       35%

Calculate:

Question 1. Calculate the cost of unloading.

Question 2. Calculate the cost of counting.

Question 3. Calculate the cost of inspection.

Reference no: EM132516640

Questions Cloud

Recognize the effects of the intra-entity bonds : Required - Prepare the consolidation worksheet entries to recognize the effects of the intra-entity bonds at each of the following dates
Compute the fixed cost of janitorial services : Compute the estimated janitorial cost to be incurred during the next six months assuming that 58,200 labor hours will be worked.
How can we interpret the madman-nietzsche : How can we interpret THE MADMAN-Nietzsche? What does "God is dead and we have killed him" mean?
Calculate yearly depreciation : At that point, Alfredo believes it will be able to sell the printer for $15,000. Calculate yearly depreciation using the double-declining-balance method
Calculate the cost of unloading : Calculate the cost of unloading. Calculate the cost of counting. Calculate the cost of inspection. The receiving department of Owen has three activities
How much investment income should nautilus recognize : Nautilus Corp owned 60% of the goods on 12/31/X2. How much investment income should Nautilus recognize from its XYZ Investment in year X2
Prepare a table that shows computation of cash collections : Prepare a table that shows the computation of cash collections of its credit sales (accounts receivable) in each of the months of June and July
What is the cost of materials in work in process at april : Using the FIFO method, what is the cost of materials in work in process at April 30 (round unit calculations to the nearest cent)?
Determine the remeasurement gain or loss : Determine the remeasurement gain or loss to be reported in Stephanie's 2017 consolidated net income, assuming that the U.S. dollar is the functional currency

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