How much is the expected total variable cost on the august

Assignment Help Finance Basics
Reference no: EM13267641

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

Materials cost $4,840
Labor cost 2,950
Rent 1,500
Depreciation 2,500
Other fixed costs

3,200



Materials and labor are the only variable costs. If production and sales are budgeted to increase to 150 chairs in August, how much is the expected total variable cost on the August budget?

 

Reference no: EM13267641

Questions Cloud

What were the baldwin corporation total assets : Midyear on July 31st, the Baldwin Corporation's balance sheet reported: Total Liabilities of $128.165 million Total Common Stock of $6.350 million Cash of $10.050 million Retained Earnings of $45.041 million. What were the Baldwin Corporation's to..
What is the intensity of the sound at given point : At point A, 3,00 m from a small source of sound that is emitting uniformly in all directions, the sound level is 53.0 dB. what is the intensity of the sound at point A
Compute the cash flows to investors from operating activity : Assume that the firm has a tax rate of 35 percent. Compute the cash flows to investors from operating activity. (Round answer to 2 decimal places, e.g. 15.25.)
Find magnetizing current to operate as step-up transformer : A core-type transformer rated at 37.5 kVA, 2400/480 V, and 60 Hz has a core whose mean length is 1.07 m and whose cross-sectional area is 95 cm^2. The application of rated voltage causes a magnetic field intensity of 352 A-t/m (rms)
How much is the expected total variable cost on the august : Materials and labor are the only variable costs. If production and sales are budgeted to increase to 150 chairs in August, how much is the expected total variable cost on the August budget?
Explain what pressure does the mean free path of argon : At what pressure does the mean free path of argon at 25C become comparable to the size of 1dm^3 vessel that contains it? take ?=.36nm^2
What is the mathematical expression for the wave : A wave has the following properties: amplitude = 0.37 m, period = 68 s, wave speed = 13 m/s. What is the mathematical expression (similar to one of the following equations) for the wave
Find the estimated total costs for a production level : Total costs were $72,200 when 25,000 units were produced and $97,500 when 35,000 units were produced. Use the high-low method to find the estimated total costs for a production level of 32,000 units.
What is susan incremental profit : What is Susan's incremental profit if she chooses option 3 over option 2?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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