Determine the expected total cost of production

Assignment Help Accounting Basics
Reference no: EM133153380

Question - At a production level of 40,000 units, Rippon Pty Ltd had the following manufacturing costs:

Prime Costs $340,000

Fixed Factory Overhead $60,000

Variable Factory Overhead $100,000

If 50,000 units were produced, determine the expected total cost of production?

a. $500,000

b. $610,000

c. $550,000

d. $425,000

Reference no: EM133153380

Questions Cloud

Choices of multinational lodging firms : The antecedent factors influencing entry mode choices of multinational lodging firms
Determine the product cost : Fixed Selling and Administration Expenses $110,000. Egowar Pty Ltd accounts for all manufacturing costs as inventoriable (product) costs. Determine product cost
What social events can refrigerative supply limited : What social events can Refrigerative Supply Limited use with the warehouse associates to enhance retention? Provide and explain five ideas.
What is the extent of the support offered : 1. What is the extent of the support offered? 2. What firms are the target audience?
Determine the expected total cost of production : At a production level of 40,000 units, Rippon Pty Ltd had the following manufacturing costs: Determine the expected total cost of production
Identify the boundaries of the current state : You have been hired by the Scarborough Pet Clinic to improve their booking process. At this time the process has some automation, but is very time consuming. Th
Prepare the journal entries on december : On June 12, 2022, Jared paid the amount previously written off. Prepare the journal entries on December 31, 2021, May 11, 2022, and June 12, 2022
Attract new and maintain existing clients : In this task, you must develop and document a strategy to attract new and maintain existing clients, including:
Should teachers be essential workers : Should teachers be essential workers? Argue for and against this statements with explanations

Reviews

Write a Review

Accounting Basics Questions & Answers

  How should noreen report the deferred rent amount

If the amount received on September 1, year 1, had covered a period of 18 months, how should Noreen report the deferred rent amount

  What basis will Jerome take in the inventory and land

How much gain or loss, if any, must Jerome recognize as a result of the distribution? What basis will Jerome take in the inventory and land

  Prepare a absorption costing

The company sold 25,000 units for $52 each. Ignore taxes. Prepare a absorption costing (traditional) income statement and compute ending inventory for 20x1

  Discuss different types of joint arrangements

Discuss different types of joint arrangements with reference to relevant AASB. Outline advantages and disadvantages of each type of joint arrangements.

  What is the net income for the period

The ending balances of capital stock and retained earnings are P300,000 and P120,000, respectively. What is the net income for the period

  Bonniwell corporation has two divisions the delta division

bonniwell corporation has two divisions the delta division and the alpha division. the delta division has sales of

  Prepare the intangible asset section of the december

On January 1, 2015, UTS completed the purchase of Heinrich Corporation for $2,898,000 in cash. Prepare the intangible asset section of the December

  How to compute the gross profit to be recognised

How to compute the gross profit to be recognised for each of the three years, assuming that the outcome of the contract can be reliably estimated.

  Other disbursements february- withdrawal of 5000 cash for

singh company prepares monthly cash budgets. relevant data from operating budgts for 2013 are january february sales

  Prepare a cash collections budget for the first quarter

November sales for last year were $85,000, while December sales were $110,000. Prepare a cash collections budget for the first quarter

  Contrast the development and use of GAAP and IFRS

Discuss the differences between financial and managerial accounting. What types of financial statements are used by business organizations?

  How much of this amount is dpgr

Assume a customer pays $3,300 to include the extended 10 year warranty. How much of this amount is DPGR?

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