Calculate the cost per haircut

Assignment Help Accounting Basics
Reference no: EM132050372

Question - Process Costing, Service Organization

A local barbershop cuts the hair of 1,400 customers per month. The clients are men, and the barbers offer no special styling. During the month of May, 1,400 customers were serviced. The cost of haircuts includes the following:

Direct labor $10,600

Direct materials 1,200

Overhead 2,200

Total $14,000

Required: Calculate the cost per haircut.

Reference no: EM132050372

Questions Cloud

Why is book important to the field of psychology : Brief overview of the content of the book, plus your reflection on the material. Also, why is this book important to the field of psychology
What is subtotal of expenses that will be reported : Paid $1,650 on account. What is subtotal of expenses that will be reported on the income statement for the month ended January 31
Calculate the cost per treatment for april : Lising Therapy has a physical therapist who performs electro-mechanical treatments for its patients. Calculate the cost per treatment for April
How an individual approaches death or grieves : The death of a loved one is a significant event that everyone experiences. An individual's social environment, including societal and familial cultural factors.
Calculate the cost per haircut : A local barbershop cuts the hair of 1,400 customers per month. During the month of May, 1,400 customers were serviced. Calculate the cost per haircut
Differentiate between leadership and management roles : Examine your individual, essential elements of leadership and management and Differentiate between leadership and management roles
Do i believe physicians should be held liable : We are living in an era where medicine continues evolving on a day to day basis. Do I believe physicians should be held liable when accountable?
Write description of the experimental methodology : Because it reports on a single article, this assignment will only have one publication, the article you are summarizing, listed in the required APA format.
Systems analysis and design: rocky mountain outfitters : discuss the analysis activities associated with understanding and documenting the business needs and processing requirements for the proposed system. What are the desired outputs of the system and what are the major data requirements? Also, the const..

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