Find the junmyeon budgeted overhead for the month

Assignment Help Cost Accounting
Reference no: EM133175974

Question - Junmyeon Company uses an annual cost formula for overhead of y= 72,000 + 1.60x wherein x is equal to each irect labor hour worked. For the upcoming month, Junmyeon plans to manufacture 96,000 units. Each unit requires five minutes of direct labor hours. Find the Junmyeon's budgeted overhead for the month?

Reference no: EM133175974

Questions Cloud

Record the transactions in purchase journal : The following are the purchase transactions for the Bittersweet Company for the month of October 2020, Record the transactions in purchase journal
Difference between licensing and accreditation : Discuss the difference between licensing and accreditation.
What would be the correct journal entry to account : In 2016, the company incurred an AUD879.5million non-cash impairment charge. What would be the correct journal entry to account
Should the company buy the new equipment : 1) Jack and Jill's Grocery is manufacturing a "store brand" chocolate bar that has a variable cost of $0.75 per unit and a selling price of $1.25 per unit.
Find the junmyeon budgeted overhead for the month : Junmyeon plans to manufacture 96,000 units. Each unit requires five minutes of direct labor hours. Find the Junmyeon's budgeted overhead for the month
Evaluate different types of construction information : Evaluate different types of construction information in the context of diverse project types and Assess ways in which construction professionals collaborate
What is the breakeven in sales peso : Question - Haruto company sells K-albums for 450. The variable cost is 200 per unit. The fixed costs are 750,000. What is the breakeven in sales peso
Find weighted-average budgeted contribution margin per unit : Hollaway Corporation has the following data for the current fiscal year: Find the weighted-average budgeted contribution margin per unit
Estimate the minimum price the owner of the division : Alternatively, the company could acquire an existing firm or division with the desired capacity. Estimate the minimum price the owner of the division

Reviews

Write a Review

Cost Accounting Questions & Answers

  What will be the cost of inventory that abc should budget

XYZ Company prices its products by adding 30%, What will be cost of the inventory that ABC should budget for purchases in April? Please and explain your work.

  How absorption costing net income differ from variable cost

If production is greater than sales, how does absorption costing net income differ from variable costing net income? In the long run, will net income be higher or lower under variable costing compared to absorption costing?

  What are the equivalent units of production for conversion

As of September 1, the beginning WIP Inventory was 45% completed as to labor and overhead. What are the equivalent units of production for conversion

  Discuss the measures of residual income

Discuss the measures of residual income and how to keep residual income in perspective. Number each fact

  Which supplier should xz bearings go with assuming

Total cost and EOQ , which supplier should XZ Bearings go with assuming that the quality of metal bars are same from both Supplier A and B.

  What the budgeted materials cost for the period would be

The cost of materials per unit is $150 and an ending materials inventory of $55 000 is desired, the budgeted materials cost for the period would be

  What are internal business decisions from cost accounting

What are some of the internal business decisions from cost accounting point of view that lead to great results and financial statements? Do you think of a good business example and the cost driver that pushes the cost to product or customer?

  Preferred and ordinary balance sheet presentation

classify the subsequent accounts according to the preferred and ordinary balance sheet presentation.

  Smith-jones company a us based corporation owns 100 percent

smith-jones company a us based corporation owns 100 percent of joal sa located in guadalajara mexico. joal manufactures

  How would a table of total and average

A firm's total cost is $1,000 if it produces one unit , $1,600. How would a table of total, average, and marginal costs for this firm look?

  Perform the correct analysis using each marr value

Explain the error that Eduardo made in performing the rate of return analysis. Perform the correct analysis using each MARR value.

  Advanced Cost Accounting Question

Advanced Cost Accounting Question - explain why an unfavorable total sales-mix variance of contribution margin occurs

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