Discussion of normal costing system

Assignment Help Managerial Accounting
Reference no: EM1347025

When using a normal costing system, manufacturing overhead is applied using the ______________ manufacturing overhead rate and the _______________ quantity of allocation base.

a budgeted, actual
b budgeted, bugeted
c actual, budgeted
d actual, actual

Reference no: EM1347025

Questions Cloud

Discuss the types of nonverbal communications : Discuss the types of nonverbal communications were observed and whether they complemented or contradicted the oral conversation.
Designing e-r diagram for each product at pvf : Suppose that at PVF, each product. Design E-R diagram for this situation and state minimum and maximum cardinalities on the diagram.
Product mix and product line : Make a distinction between a product item, a product mix, and a product line. Give examples.
Explain different communication technologies : Explain different communication technologies - Show a description of the special characteristics of the five different items below, their characteristics, pros and cons.
Discussion of normal costing system : When using a normal costing system, manufacturing overhead is applied using the ______________ manufacturing overhead rate and the _______________ quantity of allocation base.
Determine the combined return of transactions : Over the last year, Dollar has depreciated about 10 percent against the Euro. A year ago you took out a home equity loan in the United State at an interest rate of 8 percent.
Determine the terminal velocity of the rod : A parallel-plate capacitor has an area of 5.15 cm2, and the plates are separated by 1.05 mm with air between them. It stores a charge of 337pC. What is the potential difference across plates of the capacitor.
Explanation to communication question : Explain what are the characteristics a communications technology must have in order to be considered appropriate for the job
Explain which of the two classmates would you prefer : Explain which of the two classmates would you prefer as a partner. Would he also want you as a partner.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Contribution margin examined by market segment

Why would a business like UPS or eBay be concerned with looking at contribution margin by market segment? Can you recognize kinds of market segments?

  Computer-based document processing service

Process Solutions provides a computer-based document processing service

  Job costing-process costing differentiated

What are the major differences between job-order costing and process costing systems?

  Management accounting formats

Management accounting formats are identical for all companies

  Linear regression analyzing total overhead cost

Multiple regression analysis analyzing total overhead cost along with both units sold and machine hours used

  Job costing system of johnsons custom shop

The job costing system of Johnsons custom shop has five activities which are employed as indirect cost pools

  Recognize types of responsibility centers

Recognize types of responsibility centers as a cost center, a profit center, a revenue center or an investment center.

  Applying activity based costing

Applying Activity Based Costing

  Which alternative seems more attractive

The president asks you to compare the alternatives on a total-annual-cost basis and on a per-unit basis for annual needs of 60,000 units. Which alternative seems more attractive?

  Prepare the journal entry to transfer the cost of job

Prepare the journal entry to transfer the cost of job #JK150 out of the work-in-process account at the end of November, What was the under-or over recovered overhead for the year?

  Measurement in the context of accounting

Measurement in the context of accounting The diverse measurement methods developed for different kinds of assets propose that standard setters are confused regarding the nature of the attribute which is to be measured

  Job order costing systems

The law firm of Tilton and Henderson accumulates costs associated with individual cases, using a job order cost system. The following transactions occurred during June:

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