User Account

All Pages

How much is the total prime cost

Assignment Help Cost Accounting
Reference no: EM132746804

The Ram Manufacturing Company produced P100, 000 units during the year ended December 31, 2009. It incurred the following costs for the year

Materials P75, 000 (10% is indirect materials)
Labor P97, 000 (7% is indirect labor)
Factory Overhead 125% of direct labor cost
WIP - January 1 P25, 500
WIP - December 31 P27, 000

Problem 1: How much is the Total manufacturing cost?

Problem 2: How much is the total prime cost?

Reference no: EM132746804

Questions Cloud

Find what the beginning inventory must have been : Php17 under variable costing and Php22 under absorption costing. If the ending inventory consisted of 1,480 units, the beginning inventory must have been
What the budgeted maintenance cost per machine-hour was : At Cady Company, maintenance is a variable cost, If 8,000 machine-hours were actually worked during June, the budgeted maintenance cost per machine-hour was
What should be the price per kit : Assuming the volume and other costs are unchanged, what should be the price per kit in 2020 if MISTY is to make the same P200,000 income before income taxes?
Network devices and end nodes in network : What type of naming structure would you give to servers, network devices and end nodes in this network? Provide a few examples.
How much is the total prime cost : How much is the Total manufacturing cost? How much is the total prime cost?
Design of network for large organization : Think about and describe a scenario whereby you are the individual responsible for the design of a network for a large organization.
Find how much is the company cost of goods sold adjusted : How much is the Company's Cost of goods sold adjusted assuming over or under applied is closed to COGS? Factory overhead Applied at 150% of direct labor cost
Principal information system : You work on the IT team at a local college. You are currently on an Information Systems (IS) project that is enhancing the registration system.
About engaging stakeholders during the life cycle of project : Stakeholder management is more about engaging stakeholders during the life cycle of a project.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd