Calculate the total cost for the cakes

Assignment Help Managerial Accounting
Reference no: EM132951573

Question - Becton baking co, makes cakes for distribution to the restaurant. The company has two departments, mixing and baking. Manufacturing overhead is applied to each department as follows: mixing department as follows: mixing department based on $65 per direct labour hour (dlh) and baking department based on 180 per machine hour(mh). Production data as follows:

 

Actual MOH

DLH

MH

Mixing

1250000

22125

9652

Baking

750000

956

3756

1. Determine the amount of over- or- under applied overhead for each department?

2. Calculate the total cost for the cakes (not per unit but for the entire batch in production)?

3. Calculate the retail price in total for all the cakes, if the mark up rate is 25% of the cost?

Reference no: EM132951573

Questions Cloud

How much loss will Sherri carry : For 2020, Sherri has a short-term loss of $2,500 and a long-term loss of $4,750. How much loss will Sherri carry over to 2021
Maintain the current spread : To protect against interest rate changes when rolling over the loan in 6 months, the bank decides to hedge using a forward rate agreement (FRA).
What is the present value of an investment : Your friend, Mike Szyslak wants be a millionaire, and he found several ways applicable. But he is still hesitating among the various options and comes to you fo
Compute the minimum net business income or loss : In order to supplement his income working, Compute the minimum net business income or loss that Mr. Collins must report in his 2018 personal income tax return.
Calculate the total cost for the cakes : Determine the amount of over- or- under applied overhead for each department? Calculate the total cost for the cakes
What is the project irr : XYZ Corp. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the WACC or nega
Determine the issue debt or equity instruments : One of services provided Investment Bank give advice to firms when securities should be offered, and it also give advice should raise capital by selling stocks
Prepare a partial balance sheet at December : Prepare a partial balance sheet at December 31, 2019 showing accounts receivable, allowance for doubtful accounts, and the net accounts receivable
How does organization socially impact local communities : How did your institution socially impact the local community and What changes could the institution make to socially integrate itself better

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