How do find what is total manufacturing cost

Assignment Help Managerial Accounting
Reference no: EM132667082

Norton Company's manufacturing costs for 2009 were as follows:

Direct materials, P300, 000;

Direct labor - P400, 000;

Factory overhead variable - P80, 000 and fixed - P50, 000.

Problem 1: Prime cost

Problem 2: Conversion cost

Problem 3: Total manufacturing cost

Reference no: EM132667082

Questions Cloud

Explain at least one social philosophy : Explain at least one social philosophy from the textbook. For instance, you might discuss utilitarianism, Rawls, Marx, Nozick, Du Bois, King, or Beauvoir.
Precept with concept of patient autonomy : Explain how you connect this precept with the concept of patient autonomy?
What amount of costs would be considered manufacturing : What amount of these costs would be considered manufacturing overhead? Fire insurance premium for factory P5, 000. Electricity, sales office P2, 000
Discuss a personal nursing philosophy : Discuss a personal nursing philosophy. Apply what you have learned about nursing theory in this course. Identify a nursing philosophy that best matches your.
How do find what is total manufacturing cost : Norton Company's manufacturing costs for 2009. What is Total manufacturing cost. Factory overhead variable - P80, 000 and fixed - P50, 000.
Describe risk factors associated with public health issue : Describe the risk factors associated with the public health issue. Support your description with evidence from the research study and your independent research.
Focus on the issuance of engineering : Detailed design in which you focus on the issuance of engineering documents leading to the manufacturing of one piece of equipment. For example the reactor
How the outcomes of one system level effect the other level : Describe the selected problem from two of the three systems levels (micro-, meso-, and macro). Explain how the outcomes of one system level effect the other.
Compute the fixed amount of the production cost : Compute the total production cost using 17, 500 machine hours. Compute the fixed amount of the production cost. Compute the variable rate per machine hour

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Prepare the adjusting entries that were made

Fill in the missing amounts and prepare the adjusting entries that were made.

  Steve morgan controller for newton industries was reviewing

steve morgan controller for newton industries was reviewing production cost reports for the year. one amount in these

  How much manafacturing overhead would fibercom have applied

Determined the amount by which manafacturing overhead is overapplied or underapplied as of December 31 of the year completed.

  Prepare the company budget balance sheet

The beginning retained earnings were $33,000, net income is budget to be $16,900, and dividends are budgeted to be $3,500. Required: Prepare the company's budget balance sheet

  Determine technical engineering variable cost per copy

Determine Technical Engineering's variable cost per copy. Technical Engineering presently leases a copying machine on a monthly basis.

  Determine and solve trailer return on investment

Find and Solve Trailer's return on investment (ROI) and residual income. Explain what each calculation of ROI and RI means for Trek.

  Find five-year differential effect on profit from replacing

Find The five-year differential effect on profit from replacing the machine is a.Starling Co. is considering disposing of a machine with a book value of $22,700

  How to determine the total material variance

Determine the total material variance. Cultco Company Ltd has set the following direct material standards per unit of product: 2.5 kg @ $3.00 per kg

  Describe the overall impact on audit risk

For each of the independent situations describe the overall impact on audit risk and identify the specific component(s) of audit risk affected.

  Which is not a management category in the planning process

Which is NOT a Management category in the planning process, A limitation of comparing a company's performance against actual results of last year is that

  How do the net present value and the internal rate of return

How do the net present value and the internal rate of return methods differ in their approach to evaluating investment alternatives?

  Identify the costs as variable-fixed or mixed

Fee paid to security company for monthly service - Identify the costs as variable (V), fixed (F), or mixed (M).

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