User Account

All Pages

Compute total budgeted costs at direct labor hours

Assignment Help Accounting Basics
Reference no: EM132083122

Questions -

Q1. In Pargo Company's flexible budget graph, the fixed cost line and the total budgeted cost line intersect the vertical axis at $85,900. The total budgeted cost line is $368,620 at an activity level of 58,900 direct labor hours.

Compute total budgeted costs at 74,200 direct labor hours.

Q2. The Rockies Division operates as a profit center. It reports the following for the year.

Budgeted

Actual

Sales

$2,014,800

$1,870,200

Variable costs

804,600

741,300

Controllable fixed costs

553,500

553,500

Noncontrollable fixed costs

240,600

240,600

Prepare a responsibility report for the Rockies Division at December 31, 2017.

Reference no: EM132083122

Questions Cloud

Calculate the stand-alone price of the installation service : Video Planet ("VP") sells a big screen TV package consisting of a 60-inch plasma TV, a universal remote, and on-site installation by VP staff.
Prepare a cash payments budget for the month : Potato State Manufacturing is preparing its cash payments budget in the upcoming month. Prepare a cash payments budget for the month
What journal entry should albuquerque make : Marmon sells 8,000 shares of previously unissued common stock to the public for $32 and 20 per share. Albuquerque purchased none of this stock.
What are the indirect labor costs : Operating budgets for the current month are based on 5,000 units. What are the indirect labor costs included in this monthly planning budget?
Compute total budgeted costs at direct labor hours : The total budgeted cost line is $368,620 at an activity level of 58,900 direct labor hours. Compute total budgeted costs at 74,200 direct labor hours
What will be the nominal stress around the window : What will be the nominal stress around the window - what and where the maximum stress will be on that window; estimate dimensions
Determine the correct amount of the company gross profit : Vibrant Company had $940,000 of sales in each of three consecutive years 2016-2018, and it purchased merchandise costing $520,000 in each of those years.
What is the enterprise value : Victoria Enterprises expects earnings before interest and taxes (EBIT) year of $1.7 million. Its depreciation and capital expenditures will both be $306,000.
Compute controllable margin and expected return investment : Reduce average operating assets by $122,400, with no change in controllable margin. Compute controllable margin and expected return investment

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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