Find the predetermined fixed overhead absorption rate is

Assignment Help Cost Accounting
Reference no: EM132548566

Question 1: One of the cost centres in a factory is involved in the final stage of production. Budgeted fixed overhead costs for the cost centre for a period were: Apportioned costs $74,610 Allocated costs $98,328. A predetermined machine hour rate is established for the absorption of fixed production overhead into product cost. Budgeted machine hours for the cost centre in the period were 1,900.Actual overheads allocated and apportioned in the period were $173,732. Actual machine hours in the period were 1,950. The predetermined fixed overhead absorption rate is

Reference no: EM132548566

Questions Cloud

Preparing an operating statement based on marginal costing : When preparing an operating statement based on marginal costing principles, inventory valuation comprises which of the following costs?
Discuss qualities of an effective ethical strategic leader : Write a paper about the qualities of an effective ethical strategic leader. Strategic leadership includes the ability to anticipate events, envision.
Research the effects of teratogens on fetal health : Research the effects of teratogens on fetal health. First, define the various types of teratogens that can affect fetal health.
What was the inflation rate if the printer costs : If a 3D printer increased in cost at exactly the inflation rate, what was the inflation rate if the printer costs exactly twice
Find the predetermined fixed overhead absorption rate is : Find The predetermined fixed overhead absorption rate is? One of the cost centres in a factory is involved in the final stage of production.
What diseases have an impact on the respiratory system : What are some common diseases that have an impact on the cardiovascular system? Pick one from this week's reading and list the causes.
Social and hootsuite reported : We are Social and Hootsuite reported that the typical American spends 2.02 hours
Disease control and education plan : What were objectives and goals of your public education plan to control this disease? What measures would you suggest in plan to actually reduce health risks?
What is the formula for calculating economic order quantity : What is the formula for calculating Economic order quantity? What is the minimum level for materials A? Calculate maximum level for material A?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

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