User Account

All Pages

Determine predetermined allocation rate

Assignment Help Accounting Basics
Reference no: EM131776530

Question - A company has the following budgeted financial data for next year:

Manufacturing overhead $130,000

Practical capacity machine hours 10,000

Master budget capacity machine hours 6,500

The company chooses NOT to assign unused capacity costs to inventory units for internal reporting purposes.

A. Determine predetermined allocation rate that should be used to assign manufacturing overhead to inventory units next year for internal reporting purposes.

B. Determine cost of unused capacity for next year.

Reference no: EM131776530

Questions Cloud

Develop a performance appraisal system : Develop a performance appraisal system. Discuss legal issues the company should consider (e.g., the U.S. Equal Employment Opportunity Commission)
Discuss the statement of cash flows for ceo consultants : Prepare the statement of cash flows for CEO Consultants using the indirect method
Reasons for the increase in the budgeted amounts : What do you think are the real reasons for the increase in the budgeted amounts? What ethical considerations enter into this situation
Discuss under what theories you might exclude amount : Discuss under what theories you might exclude this amount from V's gross income
Determine predetermined allocation rate : Determine predetermined allocation rate that should be used to assign manufacturing overhead to inventory units next year for internal reporting purposes
How effective performance appraisal can increase performance : Write a paper describing how effective performance appraisals can increase employee performance. Must address the topic of the paper with critical thought.
Determine taxable incomes : have zero dependents. Below are their income and deductions for each year. Determine their taxable incomes
Compute the amount of before-tax savings : Compute the amount of before-tax savings that must be generated by the new tractor to have a payback period of no more than 3 years
Discuss reuten company will sell the part to crown : Should Crown make or buy the part, show calculations for your decision

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