Calculate the product unit cost

Assignment Help Managerial Accounting
Reference no: EM133110769

Question - Company uses job order costing and had the following information for the month of March. Place an "X" next to any items below which must be included when calculating your product unit cost:

Direct labor $63,000

Insurance for sales personnel $56,000

Indirect labor, manufacturing $31,700

Presidents salary $190,000

Sales commissions $88,000

Depreciation on sales equipment $12,300

Rent manufacturing $42,000

Rent sales office $63,500

Fire insurance manufacturing $12,800

Advertising expenses $82,000

Required - Calculate the product unit cost, given that $232,000 units were produced during March. Carry answer to two decimals and show your work.

Reference no: EM133110769

Questions Cloud

Determine the value of the levered firm : An unlevered firm has a value of $800 million. An otherwise identical but levered firm has $60 million in debt at a 5% interest rate, which is its pre-tax cost
What were the equivalent units for conversion costs : Baker Corporation uses the weighted-average method in its process costing system. What were the equivalent units for conversion costs
Pros and cons of expanding into easter ontario : Qualitatively, what are the pros and cons of expanding into Easter Ontario, specifically with Queen's, Carleton, and uOttawa?
Sharpe ratio of the actively managed portfolio : Assume that you are the fund manager of an actively managed mutual fund with a broadly diversified portfolio. You are looking for over/undervalued stocks in the
Calculate the product unit cost : Calculate the product unit cost, given that $232,000 units were produced during March. Carry answer to two decimals and show your work
What is expected return : Suppose the risk-free return is 4.0% and the market portfolio has an expected return of 10.0% and a standard deviation of 16%.
Case-citibank equity linked cd : In the attached newspaper page advertising Citibank's "Stock Index Insured Account", the bank promises "Stock Market Returns. Zero Risk to Principal." In descri
Grant reporting plan : Your hard work on the application paid off and you have received a grant for the tutoring program. How often do reports need to be submitted to the funders?
Compute the annualized standard deviation : You are given the following information on a European Call Option. The option matures in 10 weeks and is at the money. The current stock price of the underlying

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!

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