Determine the dollar amount of the total depreciation

Assignment Help Accounting Basics
Reference no: EM132746639

Question: Baltimore Manufacturing Company just completed its year ended December 31, 2019. Depreciation for the year amounted to $280,000: 20% relates to sales, 20% relates to administrative facilities, and the remainder relates to the factory. Of the total units produced during FY 2019: 90% were sold in 2019 and the rest remained in finished good inventory. Use this information to determine the dollar amount of the total depreciation that will be contained in Cost of Goods Sold. (Round dollar values & enter as whole dollars only.)

Reference no: EM132746639

Questions Cloud

Find what is the vat due on the transaction : What is the VAT due on the transaction? Miss Vicky Belo, a known dermatologist conducted an internal abs enhancement procedure to a well-known
Compute how much is the total manufacturing cost : The Ram Manufacturing Company produced P100, 000 units, How much is the Total manufacturing cost? How much is the total prime cost?
Find what would unit cost of the good unit produced on job : B Company manufactures chairs to the exacting specifications, What would be the unit cost of the good units produced on Job 123?
Find the contribution margin per unit was : Sales were Php780,000 for the year, variable selling and administrative expenses were Php88,400, The contribution margin per unit was?
Determine the dollar amount of the total depreciation : Baltimore Manufacturing Company just completed its year ended December 31, 2019. Depreciation for the year amounted to $280,000: 20% relates to sales.
How do determine unit product cost under variable costing : Variable manufacturing overhead 24. The Company produces 24,000 units each month. Determine the unit product cost under variable costing
How do compute for the standard factory overhead rate : In the given period, the company incurred a total overhead cost of P2,400,000. Compute for the standard factory overhead rate.
What is the bond interest expense on the income statement : On January 2, 2020, $208,635 in 11 year, 7% bonds with a market interest rate of 9%, and interest payable semiannually, were issued for $185,160. On June 30.
Calculate direct material inventory and total cost december : Calculate direct materials inventory, total cost, December 31, 2007. Two pounds of direct materials are used to make one unit of finished product.

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