Calculate the total fixed cost of the shipping department

Assignment Help Cost Accounting
Reference no: EM132598068

Question 1: Calculate the total fixed cost of the shipping department of Shareef & Co. based upon the following information for the year 2020:

Salaries Rs.800,000 75 percent of employees on guaranteed contracts

Packaging Rs.400,000 depending on size of item(s) shipped

Postage Rs.500,000 depending on weight of item(s) shipped

Rent of warehouse space Rs.250,000 annual leas

Reference no: EM132598068

Questions Cloud

What is financial intermediary : What is a financial intermediary? What are its key characteristics? Is a bank a type of financial intermediary?
How calculate the cost of goods manufactured : Calculate the cost of goods manufactured,During the year , factory utilized 5599 litres of water and 38500 kilowatts of electricity while the office
Company mission-vision and primary stakeholders : Determine the impact of the company's mission, vision, and primary stakeholders on its overall success as a competitive employer in the industry.
Determine the revenue in year : The local government assigned MOC, a private contractor a bid to construct road on January 1, 20x1. Determine the revenue in year
Calculate the total fixed cost of the shipping department : Calculate the total fixed cost of the shipping department of Shareef & Co. based upon the following information for the year 2020
Calculate the DEPS : The average market price of Loredo's stock during 2017 was $10. The 1,000 options were issued on October 1, 2017. Calculate the DEPS
How prepare new contribution format income statement : Prepare new contribution format income statement under each of the Selling price decreases by $1.5 per unit, and sales volume increases by 25%
Create the expected total cost of the project : You gather all the necessary numbers from your PMIS. Which formula will you use to create the expected total cost of the project?
Preparing the statement of cash flows : Question - Preparing the statement of cash flows (indirect method) LO2, 5, 6 CHECK FIGURE: Net cash inflow from operating activities = $160,300

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

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