Find the budgeted amount of variable costs units

Assignment Help Managerial Accounting
Reference no: EM132527550

Question 1: Based on a predicted level of production and sales of 29,000 units, a company anticipates total variable costs of $113,100, fixed costs of $52,200, and operating income of $47,030. Based on this information, the budgeted amount of variable costs for 27,000 units would be:

Option 1: $99,230.

Option 2: $105,300.

Option 3: $179,617.

Option 4: $113,100.

Option 5: $52,200.

Reference no: EM132527550

Questions Cloud

What is the incremental free cash flow for year one : Your company is considering the replacement of an old delivery van with a new one that is more efficient. The old van cost $40,000 when it was purchased
Determine what is the direct labor rate variance : The job consisted of 7,000 units and was completed in 24,000 hours at a total labor cost of $312,900. What is the direct labor rate variance?
What is the book value of the equipment on May : Make the adjusting entries as described below for the Starshine Bakery Company. What is the book value of the equipment on May
Convert income statements to a common size statement : Review Salesforce's (www.salesforce.com) income and balance sheet statements for the last 5 years (you will get this data from their website)
Find the budgeted amount of variable costs units : Find the budgeted amount of variable costs for 27,000 units would be? Based on a predicted level of production and sales of 29,000 units
Prepare entries on appropriate dates to record declaration : The dividend is paid on December 31. Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend
Explain how target can be affected by exchange rate risk : Explain how target can be affected by exchange rate risk, political risk, transfer pricing, and strategic risk?
What the total direct labor cost variance is : What The total direct labor cost variance is? Describes a company's usage of direct labor in a recent period. Standard hours for units produced
What is the current tax liability of ABC Ltd : ABC Ltd had exempt income of $24,000. Ignore all other temporary differences. Tax rate is 30%. What is the current tax liability of ABC Ltd

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