Flexible budget amounts of fixed and variable costs

Assignment Help Managerial Accounting
Reference no: EM13908922

Based on predicted production of 24,000 units, a company anticipates $ 300,000 of fixed costs and $ 246,000 of variable costs. If the company actually produces 20,000 units, what are the flexible budget amounts of fixed and variable costs?

Reference no: EM13908922

Questions Cloud

Draw a graph of state transitions and find steady-state pmf : Draw a graph of the state transitions for i ≤ 2, j ≤ 2. Find the steady-state PMF, {p(i, j); i, j ≥ 0}, for the Markov process.
Optimal capital structure-beckman engineering and associates : Optimal Capital Structure with Hamada Beckman Engineering and Associates (BEA) is considering a change in its capital structure. BEA currently has $20 million in debt carrying a rate of 6%,  What is BEA's unlevered beta before restructuring? Use mark..
Contestants in the heavyweight division : At the State Fair Pie Eating Contest all contestants in the heavyweight division must weigh within 30 pounds of 250 pounds. Write a program that asks for a contestant's weight and then says if the contestant is allowed in the contest.
What risks do you foresee in purchasing this property : What risks do you foresee in purchasing this property? What measures would you take to manage these risks? Will these risks affect the price that you would offer? If so, how would they affect your pricing decision? If not, what factors would contr..
Flexible budget amounts of fixed and variable costs : If the company actually produces 20,000 units, what are the flexible budget amounts of fixed and variable costs?
Analysis of three defining characteristics : Identify your assigned article as quantitative or qualitative and support your assertion with an analysis of three defining characteristics
Average annual income during retirement-stated : My Average annual income during retirement--stated in today's dollars is 80,000, Average annual inflation rate during your career 3.20%, and years to retirement 45. Need help calculating Average annual income during retirement--stated in inflation-ad..
Calculates the annual cost of running an appliance : Write a program that calculates the annual cost of running an appliance. The program will ask the user for the cost per kilowatt-hour and the number of kilowatt-hours the appliance uses in a year:
What is the risk premium assessed for this opportunity : An investor considering an opportunity that promises to provide 12% returns. They have obtained an estimate of their risk free rate, which is 3%. What is the risk premium assessed for this opportunity? What does the risk premium mean in this example?

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