How much is expected total variable cost on august budget

Assignment Help Accounting Basics
Reference no: EM131783728

Problem

Aaron's chairs is in the process of preparing a production cost budget for August. Actual costs in July for 120 chairs were:

Material cost $4790.00

Labor Cost $2560.00

Rent $1500.00

Depreciation $2500.00

Other fixed cost $3200.00

Materials and labor are the only variable costs. If production and sales are budgeted to change 100 chairs in August, how much is the expected total variable cost on the August budget?

Reference no: EM131783728

Questions Cloud

Computation of future costs : Please specify your assumptions for computation of future costs and needed annual savings.
What is the balance in paid-in capital : What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year
Standard deviation of the returns on misheak inc : The shares of XYZ, Inc. are expected to generate the following possible returns over the next 12 months:
Prepare the journal entries to record semiannual interest : Prepare the journal entries by Twin Digital to record the semiannual interest on July 1, 2011, as well as to record the redemption of the bonds on July 1, 2011
How much is expected total variable cost on august budget : If production and sales are budgeted to change 100 chairs in August, how much is the expected total variable cost on the August budget?
What would its implied alpha be : The expected return of the market is 12%, the stock of XYZ Corp. has a beta coefficient of 1.2, and the risk-free rate of return is 3%. If the stock's realized
Complete the equations of motion for the system : Instead, draw the components of -F as shown. By taking each d? separately, the virtual work equation can be easily determined visually.
Present value of the dividend at the end of year : What is the present value of the dividend at the end of year 7?
Improve relationships between administration and politics : what general recommendations would you make to improve the relationships between administration and Politics in America?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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