Evaluate the predetermined overhead rate for august

Assignment Help Financial Accounting
Reference no: EM1375559

The manufacturing overhead budget at Latronica Corporation is based on budgeted direct labor-hours. The direct labor budget shows that 7,100 direct labor-hours may be required in August. The variable overhead rate is $ 8.60 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $ 132,770 per month, which adds depreciation of $24,850. All other fixed manufacturing overhead costs show current cash flows. The company re - computes its predetermined overhead rate every month. Evaluate the predetermined overhead rate for August

Reference no: EM1375559

Questions Cloud

Describe the difference between a substitute and neutralizer : What is an instance of each characteristic? Describe the difference between a substitute and a neutralizer for supportive as well as instrumental leadership strategies.
Find the cyber criminals : Tell them how they will use the Internet tool to further find the cyber criminals and describe the job each tool should perform
What are the four key methods of export : What are the four key methods of export or import financing? Describe the impact globalization is having on international marketing activities
You have been requested to update your general counsel : You have been requested to update your general counsel on five major issues and challenges that may affect the contract the legal team wants to write before business can begin
Evaluate the predetermined overhead rate for august : The company re - computes its predetermined overhead rate every month. Evaluate the predetermined overhead rate for August
Describe the concept of knowledge management : Describe the concept of knowledge management as well as its significance within Human Resources.
Find what will be the issuance price of the bonds : If the market rate of interest at time the bonds are sold is 8%, what will be the issuance price of the bonds?
Find characteristics that distinguish nfp : Find characteristics that distinguish NFP from business enterprises and issues relevant to NFP financial reporting and describe your rationale by reference to existing reporting requirements.
What coefficients signs would be essential : What coefficients signs would be essential to see the type of relationship the manager believes to be true?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Find the asset turnover ratio for sunside

Evaluate the asset turnover ratio for Sunside Villas for  2007 and evaluate the average age of Sunside Villas' property, plant, and equipment.

  Finding present value of winnings

The Caldwell Herald newspaper reported the following story - Frank Ormsby of Caldwell is the states newest millionaire. By choosing the six winning numbers on last weeks state lottery

  Determine the irr for blue snow''s

Determine the IRR for Blue Snow's snowboard project and determine the NPV for Blue Snow's snowboard project

  Journal entries for legal expenses

Journal entries for legal expenses incurred in contesting the insurance settlement

  Evaluate operating income for 20x7

Evaluate operating income for 20X7, assuming the firm uses the variable-costing approach to product costing. (Do not prepare a statement.)

  Calculate the adjustment entries

Calculation of Adjustment Entries for COLO COMPANY Work Sheet For Month Ended May 31, 2005

  Business law and tax using proper writing mechanics

Write down clearly and concisely about business law and tax using proper writing mechanics

  Prepare a budgeted income statement for next year

Prepare a budgeted Income Statement - Prepare a budgeted income statement for next year assuming that the company reduces prices as planned.

  Evaluate the number of pairs of sure foot boots mountain top

Evaluate the number of pairs of Sure Foot boots Mountain Top must sell to get an after tax profit of $30,000. Evaluate the number of pairs of each product Mountain Top must sell to get identical before tax profit.

  Financial statements vs. the financial reporting framework

Explain the Financial statements vs. the financial reporting framework

  Determine the retained earnings on december

Computation of retained earnings using given information and evaluate the retained earnings on December 31, 2005, and 2006.

  What could be the sales budget for march

The planned selling price is $150 per unit. What could be the sales budget for March?

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