Find and calculate the period costs

Assignment Help Managerial Accounting
Reference no: EM132530088

Refer to the following information listed below:

Direct material used $150,000

Selling costs $5,000

Indirect labour $7,000

Administrative costs $10,000

Depreciation on factory equipment $70,000

Direct labour $40,000

Overtime premiums paid $20,000

Indirect materials $45,000

Question1 : Based on the information provided above, calculate the period costs:

A. $15,000

B. $20,000

C. $190,000

D. $372,000

Reference no: EM132530088

Questions Cloud

Find the total amount reported in the cash flows : Office equipment having a book value of $90,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is
Evaluate the use of literature and problem statements : For this Discussion, you will evaluate the use of literature and problem statements in assigned journal articles in your discipline to understand what it means.
What does zeus''s name mean in greek mythology : What does Zeus's name mean in Greek Mythology?
Find working capital investment for cash flow from investing : Find working capital investment for cash flow from investing activities?If the data file stated that, Company A expected to use $523.5 million
Find and calculate the period costs : Based on the information provided above, calculate the period costs? Direct material used $150,000,Depreciation on factory equipment $70,000.
Analyze alignment among the theory and purpose : For this Discussion, you will evaluate the purpose statements in assigned journal articles in your discipline and consider the alignment of theory, problem.
Explain what know about the cost accounting system : Why is management accounting needed in manufacturing companies? Explain what you know about the cost accounting system?
What the design selection means for participant recruitment : In addition to considering alignment, when researchers select a research design, they must also consider the ethical implications of their choice, including.
How much need to increase sale if selling price per unit : 30% in 2020, by how much will it need to increase its sales if selling price per unit, variable price per unit and total fixed costs remain constant?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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