Determine how much of the accounting departments costs

Assignment Help Financial Management
Reference no: EM132354536

Question

Hogan Inc. allocates its accounting department's costs to its production and sales departments based on the number of employees in each department using the direct method. If the accounting department's costs are $1,370,000, use the following information regarding costs and employees to determine how much of the accounting department's costs will be allocated to the production department?

Department Employees

Accounting 4

Production 26

Sales 28

Reference no: EM132354536

Questions Cloud

What is nocks cash conversion cycle in days : Nock Inc. has a Days Inventory Outstanding of 19, an Accounts Receivable $107, an Average Sales per Day of $10, and a Days Payable Outstanding.
What is vogts required rate of return : Vogt Corporation has a Beta of 0.7. The U.S. government T-Bill is expected to yield 0.05, and the S&P 500 is expected to yield 0.11 in the near future.
How health information technology influence organization : Summarize how ethics and health information technology (HIT) will influence the organization of healthcare providers. All questions 200 word minimum each.
What sale price in dollars should be charged : If Linaweaver marks up total cost by 0.70, what sale price in dollars should be charged if 42,000 units are expected to be sold each year?
Determine how much of the accounting departments costs : Hogan Inc. allocates its accounting department's costs to its production and sales departments based on the number of employees in each department.
Explaining the health or nursing informatics policy : With evolving technology and continuous changes to regulations designed to keep up these changes, there is usually a need to share information and expertise to.
About technology that specifically target older adults : Description of two examples of courses, webinars, or web-based learning about technology that specifically target older adults.
Determine the selling price of the bond using the time value : Determine the selling price of the bond using the Time Value of Money tables. You MUST show all work, including writing out the amounts.
Describe the most appropriate leadership style : Describe the most appropriate leadership style and/or strategy to apply in the scenario you chose in order to implement the recommendations successfully.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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