Determine the cost per unit of production

Assignment Help Accounting Basics
Reference no: EM132478541

St Kilda Enterprises produces parts for electronics industry.The production manager and the cost analyst reviewed the accounts for previous accounts and hve provided an estimated breakdown fixed and variable portions of manufacturing.

                                Fixed                   variable                            Total

Indirect material         $5,200                 $10,200                    $ 15,400

Indirect labour           3,100                    17,100                      20,200

Supervision            11,200                        4,100                     15,300

Depreciation          38,200                        6,200                      44,400

Maintenance         18,200                       23,200                       41,400

Total             $ 75, 900                          $60,800                     $136,700

Direct material for the month amounted to $108,500. Direct labour for the month was $203,500. During the month ,12,500units were produced

Solve for :

Question 1. No changes are expected in these cost relations next month. The firm has budgeted production of 16,250units provided an estimate for total production cost for next month

Question 2. Determine the cost per unit of production for the previous month and the next month.

  • No changes expected in these cost relations next month. The firm has budgeted production of 16.250 units. Provide an estimate for total production cost for next month. (Do not round inteemediate calculations)

Reference no: EM132478541

Questions Cloud

How would make a statement of cash flows : Alpha Company's fiscal year 2017., Using the information how would make a Statement of Cash Flows for Alpha Company using the indirect method.
Describe the corporate social responsibility initiatives : Describe the corporate social responsibility initiatives of the organization and its impact on the society - Identified all Internal and External Stakeholders
Describe technology advances that are used in health care : Describe technology advances that are used in health care today. The nursing faculty concludes the presentation by stating that decisions should be made about.
What form of organization business to take partnership : Explain what form of organization the business is likely to take: proprietorship, partnership, public corporation, or private corporation.
Determine the cost per unit of production : St Kilda Enterprises produces parts for electronics industry, Determine the cost per unit of production for the previous month and the next month.
Describe each ethical point in the code of ethics : Describe each ethical point in the Code of Ethics. Your audio presentation should include an introduction, a concise discussion of each slide, and a conclusion.
Discuss social determinants of child and adolescent health : Describe and discuss the social determinants of child and adolescent health. Mention and discuss at least 2 public programs and prevention strategies targeted.
What are the expected total quality control costs : Using the least-squares regression method, estimate the variable and fixed elements of the quality control cost. (Round the "variable cost")
Evaluate public health policies and practices : Evaluate public health policies and practices as they relate to legal and ethical implications for individuals and populations. Analyze health needs.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare an income statement for the month of january

Prepare an Income Statement for the month of January (in good form). The company is in the 30% income tax bracket

  Discuss ultrasound diagnostic equipment divisions

Operating results for the Surgical Instruments and Ultrasound Diagnostic Equipment Divisions

  Determine the standard cost per dining room table

Hickory Furniture Company manufactures unfinished oak furniture. Hickory uses a standard cost system. Determine the standard cost per dining room table

  Prepare the adjusting journal entry on december

Prepare the adjusting journal entry on December 31. In separate T-accounts for each account, enter the unadjusted balances

  The company is considering switching to an activity-based

addy company has two products a and b. the annual production and sales of product a is 2600 units and of product b is

  Discuss the use of budgets and standard costs

Discuss the use of budgets and standard costs to control business activities. Explain how standard costs are used to determine variances

  Analyze the concept of resource scheduling

For this assignment, write a paper of 750-1,000 words in which you analyze the concept of resource scheduling and evaluating various methods used to schedule.

  Prepare a budget sensitivity analysis for the business

AYB225 - Management Accounting - Queensland University of Technology - Prepare a Budget Sensitivity Analysis for the Business Advisory Department

  Which one is not a main objective of financial reporting

Which one is not a main objective of financial reporting on SFAC 1?

  Calculate the originally reported earnings per share for

for several years orbon inc. has followed a policy of paying a cash dividend of 0.58 per share and having a 8 stock

  Capital structure and dividend policy

The firm's ability to accelerate or delay investment projects, A strong preference by most shareholders in the economy for current cash income versus capital gains, constraints imposed by the firm's bond indenture

  Evaluation of strength of non profit organization

Why is this an important ratio to use for evaluation of the viability and strength of a non profit organization

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