Department of bowman freight company for november

Assignment Help Accounting Basics
Reference no: EM13514788

The following data are from the general records of the Loading Department of Bowman Freight Company for November.

  • Cleaning incoming trucks, 20 minutes.
  • Obtaining and reviewing shipping documents for loading truck and instructing loaders, 30 minutes.
  • Loading truck, 1 hour and 30 minutes.
  • Cleaning shipping dock and storage area after each loading, 10 minutes.
  • Employees perform both cleaning and loading tasks and are currently averaging $14 per hour in wages and benefits.

•The supervisor spends 10 percent of her time overseeing the cleaning activities; 60 percent overseeing various loading activities; and the remainder of her time making general plans and managing the department. Her current salary is $5,000 per month.

  • Other overhead of the department amounts to $10,000 per month, 20 percent for cleaning and 80 percent for loading.


Prepare an activities budget for cleaning and loading in the Loading Department for November, assuming 20 working days and the loading of an average of 15 trucks per day. (Round your answers to two decimal places.)

 

Reference no: EM13514788

Questions Cloud

Increasingly interlinked and mutually dependent : What is the term for processes that are causing nations and people to be increasingly interlinked and mutually dependent?
Calculate the interest on interest from the bond : 3. An investor is considering the purchase of a 10-year 8% coupon bond selling for $934.96 and a par value of $1,000. The yield to maturity for this bond is 9%. Calculate the interest on interest from the bond assuming that the semiannual coupo..
According to standards to other cultural traditions : What people say or do or should do (as apposed to what they actually do) is know as. Cultural relativists beleive that a culture should be judged only according to a standards and traditions of that culture and not according to standards to other c..
A culture in the anthropological sense : A culture, in the anthropological sense, is the set of beliefs, rules of behavior, and customary behaviors maintained, practiced, and transmitted in a given society. Different cultures may be found in a society as a whole or in its segments, for e..
Department of bowman freight company for november : Department of Bowman Freight Company for November
Focus on a group of related cultural traits : Discuss your group. Assume the reader has no previous knowledge of your group. Focus on a group of related cultural traits that are interesting to you
Case study in economic anthropology : Tell me some of the economic aspects of the Mayan Cargo System shown in the video The Highland Maya: A Case Study in Economic Anthropology (Video, short answer
Why elaine joined the soccer team : What is the sociologist's, anthropologist's and psychologist's explanation for why Elaine joined the soccer team?
Determine the molecular formula for the compound : A hydrocarbon gas contains 81.71% carbon and 18.29% hydrogen, by mass. At STP. 4.20 L of the gas has a mass of 8.27 g. What is the molecular formula for the compound

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