Calculate the value of direct material and variable

Assignment Help Accounting Basics
Reference no: EM13480224

Calculate the value of direct material and variable overheads per unit from the details below assuming variable overheads to be 2 times of direct material Selling Price = $ 40 Contribution = $ 25 Direct Material = ? Direct Labor = $ 5 Variable Overheads = ? Fixed Overheads = $ 25000

Reference no: EM13480224

Questions Cloud

I overhead and salary remains at 8750 and dfw practices : early customers at graffiti week balk at the price for moondoggie reserve. the marketing department at dfw jolene
Nec is considering an investment in a new machine with a : nec is considering an investment in a new machine with a maximum output of 200000 units per annum in order to
John stuart mill is sometimes critized on the ground that : john stuart mill is sometimes critized on the ground that his endorsement of the principle of utility is in consistent
Denair fine wines inc is planning to bring out a : denair fine wines inc. is planning to bring out a higher-quality wine product than any currently available in
Calculate the value of direct material and variable : calculate the value of direct material and variable overheads per unit from the details below assuming variable
Calculate pv ratio and break even point in sales with the : calculate pv ratio and break even point in sales with the use of pv ratio from the per unit figures mentioned below
Describe three issuesproblems that a company could : describe three issuesproblems that a company could encounter when trying to determine the actual cost of a good or
I need an annotated bibliography written on the pollution : i need an annotated bibliography written on the pollution in china it should have five to seven
What organizations are responsible for governing financial : what organizations are responsible for governing financial reporting? what is the role of each organization? how have

Reviews

Write a Review

Accounting Basics Questions & Answers

  Problem related to reinvesting of investment

Assume ABC Company deposits $25,000 with First National Bank in an account earning interest at 6% per annum, compounded semi-annually. How much will ABC have in the account after five years if interest is reinvested?

  Adjusting entry necessary as a result of the physical count

Peter Kalle Company had the following account balances at year-end: cost of goods sold $55,243; merchandise inventory $15,153; operating expenses $29,503; sales $105,181; sales discounts $1,273; and sales returns and allowances $1,546. A physical ..

  Consolidated earnings-euro movement

Mercury's consolidated earnings were ____ affected by the euro's movement, and Mercury's hedge position was ____ affected by the euro's movement.

  Actual overhead cost incurred in a given period

Why overhead is applied to work-in-process versus using the actual overhead cost incurred in a given period.

  Cost of machining per ceiling fan

Brannon company manufactures ceiling fans and uses an activity-based costing system. Each ceiling fan consists of 20 separate parts totaling $95 in direct materials, and requires 2.5 hours of machine time produce. What is the cost of machining per..

  Write down a 700- to 1050-word summary of teams discussion

write down a 700- to 1050-word summary of teams discussion about ifrs v. gaap based on your team collaborative

  Evaluate and comment on both the immediate

Indicate increase (+), decrease (-), or no effect (NE). Make sure your answer is CLEAR in terms of all items below (1-13) and that you make an entry for EACH column (Net Income, Cash From Operations, and Cash Position).

  Advise the directors of chance ltd

Advise Nathan if there is a valid contract with Dubious Connections Pty Ltd, and any remedies that may be available to him. (Make reference to relevant case law and support your answer).

  What is wrong with mason perception

Mason was shocked to learn that the current Code is the Internal Revenue Code of 1986. He thought that U.S tax change more frequently. What is wrong with Mason's perception?

  Random walk model to forecast earnings

I can be almost as accurate, at virtually no cost, using the random walk model to forecast earnings." What is the random walk model? Do you agree or disagree with John Right's forecast strategy? Why or why not?

  Youve just taken out the loan for 75000 the stated simple

youve just taken out a loan for 75000. the stated simple interest rate on this loan is 10 percent and the bank requires

  Simple interest on savings account balances

First City Bank pays 8 percent simple interest on its savings account balances, whereas Second City Bank pays 8 percent interest compounded annually. If you made a $5,000 deposit in each bank, how much more money would you earn from your second Ci..

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