User Account

All Pages

Compute the Discretionary fixed costs for Beta Ltd

Assignment Help Managerial Accounting
Reference no: EM133130307

Question - The following balances appeared in Beta Ltd.'s accounting records for the month of October 2021:

$

Direct materials used 175,500

Factory equipment depreciation 81,000

Advertising expense 135,000

Variable manufacturing overheads 94,500

Factory building rental expense 67,500

Sales commissions 40,500

Manufacturing direct labour 189,000

Required - Compute the following costs for Beta Ltd:

(i) Discretionary fixed costs

(ii) Committed fixed costs

(iii) Period costs

(iv) Product costs

Reference no: EM133130307

Questions Cloud

What is the purpose of a bank reconciliation : What is the purpose of a bank reconciliation? How may the incorrect balance sheet adversely affect the sale of the business
Prepare necessary journal entries for the entire lease term : Residual value guarantee 400,000. Prepare necessary journal entries for the entire lease term and the return of the asset to the lesson
Prepare the entry to record the declaration of the property : The market price of Dot shares was P15 per share. Prepare the entry to record the declaration of the property dividends would include a debit
NUR5111 Contemporary nursing practice Assessment : What are the components of a comprehensive primary assessment that are clinically appropriate for Mrs White and Identify any areas of concern
Compute the Discretionary fixed costs for Beta Ltd : The following balances appeared in Beta Ltd.'s accounting records for the month of October 2021: Compute the Discretionary fixed costs for Beta Ltd
Explain the importance of beta in risk management : Explain the importance of beta in risk management. Explain the relationship between Capital pricing model and Arbitrage theory
What types of shares do you think would be most suitable : What types of shares do you think would be most suitable for this investor? Come up with at least three different types of shares
How much will it be worth when you retire : If you invested $800 today and expected consistent 9% annual returns, how much will it be worth when you retire 40 years from yesterday
Estimate the project value at risk : Estimate the project's Value at risk (VAR) at a 95% confidence level over the project's life of four years. Comment on the answer

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What percentage of machine time does Product B use

Product B was allocated $69,020 less overhead after XYZ Corp switched to Activity Based Costing. What percentage of machine time does Product B use

  Cash budget on a monthly basis

A cash budget on a monthly basis from the second quarter of the year 2001 - distribution expenses are recovered at the rate of 20% of production cost

  What will be the effect on net operating income

The company plans to make and sell 50,000 baseballs. What will be the effect on net operating income if the company increases sales by 32%

  Explain what is meant by social responsibility

Explain what is meant by sustainability and social responsibility reporting and why a publicly listed leasing company like IDLC may adopt this approach.

  Determine recognition ling corporation give to the events

Determine why is it necessary to use comparative balance sheets a current income statement, and certain transaction data in preparing a statement of cash flows?

  What is the amount of the total relevant cost of operating

The Enhanced Products Division of Forrest Industries,What is the amount of the total relevant cost of operating the existing equipment?

  Make journal entry to record the transfer of the cost

Rigby Ltd accumulates costs ,Make journal entry to record the transfer of the cost of goods completed and transferred out during May.

  What is the net present value of each project

Monson Company is considering three investment, What is the net present value of each project assuming Monson Company uses a 12% discount rate?

  Does that create an opportunity to use limit pricing

You learn the Federal Reserve is committed to an environment of low interest rates. Does that create an opportunity to use limit pricing as a strategy?

  Compute the payback period for the nc equipment

Compute the investment's NPV, assuming a required rate of return of 10 percent. Compute the payback period for the NC equipment.

  Journalize the entry to record the payroll for the week

Wildcat Company had gross wages of $180,000 for the week ended March 20. Journalize the entry to record the payroll for the week of March 20

  Calculate the effect of change in sales mix

Calculate the effect of change in 'Sales Mix' from the following data. Determine The sales mix changed to. Provide the suitable example

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