Crinks corporation uses direct labor-hours in its

Assignment Help Accounting Basics
Reference no: EM13586374

Crinks Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 10,500 hours and the total estimated manufacturing overhead was $228,900. At the end of the year, actual direct labor-hours for the year were 9,700 hours and the actual manufacturing overhead for the year was $206,840. Overhead at the end of the year was: Round your intermediate calculations to 2 decimal places.

Reference no: EM13586374

Questions Cloud

Laredo inc has a contribution margin ratio of 45 this month : laredo inc. has a contribution margin ratio of 45. this month sales revenue was 200000 and profit was 40000. if sales
The geurtz company uses standard costing the company makes : the geurtz company uses standard costing. the company makes and sells a single product called a roff. the following
Briefly explain the difference between adjusting entries : on may 31 2014 the following data were accumulated to assist the accountant in preparing the adjusting entries for
You have been asked to prepare a presentation for the next : you have been asked to prepare a presentation for the next board of directors meeting regarding managerial accounting.
Crinks corporation uses direct labor-hours in its : crinks corporation uses direct labor-hours in its predetermined overhead rate. at the beginning of the year the
Abc medical center has cardiology equipment with fixed : abc medical center has cardiology equipment with fixed depreciation costs of 150000 per year. variable costs per
Set up a conversion worksheet using the preliminary trial : the general fund entered into the following transactions during the fiscal year1. levied property taxes of 10000000
The year-end adjusted trial balance of the timmons tool and : the year-end adjusted trial balance of the timmons tool and die corporation included the following account balances
According to the collision theory and model created to : question 1 on a potential energy diagram what is true about activation energy?activation energy is the same for both

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.

  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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd