Fixed manufacturing overhead that would be included

Assignment Help Managerial Accounting
Reference no: EM13935841

The following information relates to Jarden Industries for fiscal 2011, the company's first year of operation:

Units produced........... $120,000
Units sold............. $100,000
Units in ending inventory ........ $20,000
Fixed manufacturing overhead.......$720,000

Required:

a. Calculate the amount of fixed manufacturing overhead that would be expensed in 2011 using full costing.
b. Calculate the amount of fixed manufacturing overhead that would be expensed in 2011 using variable costing.
c Calculate the amount of fixed manufacturing overhead that would be included in ending inventory under full costing and reconcile it to the difference between parts a and b.

Reference no: EM13935841

Questions Cloud

Innovation report focuses on an industry : TOPIC: INNOVATION The industry innovation report (1500 words) focuses on an industry and identifies components and players (competitors) in innovation ecosystem, recent developments and future prospect.
Review methodologies for design & development : Investigate the requirements for the system and produce a Requirements Specification. Review methodologies for design & development and select the most appropriate
How gross profits might made less sensitive to value of euro : Calculate the percentage change in the gross profit based on a 10% increase in the value of the euro. Explain your result. Suggest how gross profits might be made less sensitive to the value of the euro.
Use the resources from careers, enterprise : You are required to carry out secondary research on a specific topic for your award using the University's Learning Centre resources, with the objective of writing a short report on your findings. Your sources must be correctly cited and reference..
Fixed manufacturing overhead that would be included : Calculate the amount of fixed manufacturing overhead that would be included in ending inventory under full costing and reconcile it to the difference between parts a and b.
Why you believe which is the most difficult to control : Share your opinion which of these pathogens are the most difficult to control, bacteria or viruses. Explain why you believe which is the most difficult to control. Please comment on a classmate's response as well before the second Friday of the mo..
Identify factors of leadership : Identify one or more factors of Leadership that have had a particular impact on you, which you consider are needed to make managers more effective.
Methodology and system analysis : I have uploaded the assignment I have done n I need you to continue writing a research report on it.i am attaching a sample report for your reference Report length: 5000words, about 20pages long. You are allowed to use diagrams, tables, and plots/..
Calculate the amount of fixed manufacturing overhead : Calculate the amount of fixed manufacturing overhead that would be included in ending inventory under full costing and reconcile it to the difference between parts a and b.

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