User Account

All Pages

Calculate the price per hour that abc should charge

Assignment Help Managerial Accounting
Reference no: EM132546565

ABC Company, a large labour contractor, supplies contract labour to building construction companies. For 2018, ABC has budgeted to supply 80,000 hours of contract labour. Its variable cost is ¢12 per hour and its fixed costs are ¢240,000. Ali, the general manager, has proposed a cost-plus approach for pricing labour at full cost plus 20%.

Question 1: Calculate the price per hour that ABC should charge based on Ali's proposal.

Reference no: EM132546565

Questions Cloud

Determine the bonus pool that would be available : Determine the bonus pool that would be available in the first year, and determine the percentage bonus that each senior manager would receive
Current regulator designed to cut electric power consumption : The Acme Electric Company worked day and night to develop a new current regulator designed to cut the electric power consumption in aluminum plants by 35%.
Make better investment decision-fraiser international : Fraiser International has decided to purchase a pressing machine for Rs. 1,000,000.
Determine the selling price per unit : Determine the selling price per unit if the company decides to use absorption cost. Determine the selling price per unit if the company decides to price
Calculate the price per hour that abc should charge : ABC Company, a large labour contractor, supplies contract labour to building, Calculate the price per hour that ABC should charge based on Ali's proposal.
What is optimal aging : What is optimal aging? Define this term and provide at least one (1) example and What is successful aging? Define this term and provide at least one example
Required return on the riskier stock : By how much does the required return on the riskier stock exceed the required return on the less risky stock?
Evaluate effectiveness of professional labour in november : ABC's output measure in its flexible budgeting system is the number of loan applications. Comment on the performance of ABC Properties Limited.
Exchange rate systems : Exchange Rate Systems Compare and contrast the fixed, freely floating, and managed float exchange rate systems.

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