How much overhead costs should be allocated to HomeDepot

Assignment Help Managerial Accounting
Reference no: EM133187815

Question - ABC LTD. is a large company that manufactures lawnmowers and pays the following costs for each month: Direct Materials: $100,000, Indirect Materials: $20,000, assembly line workers: $150,000, factory janitors: $45,000, factory workers supervisor: $65,000, and Hiring manager:$50,000. 8,000 lawnmowers are produced each month of which 1,200 are for HomeDepot. In a job order costing system, how much overhead costs should be allocated to HomeDepot?

Reference no: EM133187815

Questions Cloud

Recommendation for the company to improved or lessons : What is Etisalat company future plan up to 2030 and what is the recommendation for the company to improved or lessons
A digital firm journey abroad : Based on the case study of Dropbox: A Digital Firm's Journey Abroad. Please answer the following questions in essay format. The case study link is below.
Develop a strategy for how the company will ensure : You are the CSR manager at Fabulous Fits. The CEO has directed you to deal with this situation and to develop a strategy for how the company will ensure somethi
Record the budget and post to the ledger : The state government in the amount of $1,068,000 and appropriations of $1,057,000. Record the budget and post to the ledger
How much overhead costs should be allocated to HomeDepot : ABC LTD. is a large company that manufactures lawnmowers and pays the following costs for each month: How much overhead costs should be allocated to HomeDepot
Read a copy of organisation food safety program : Read a copy of your organisation's food safety program and highlight all procedures that relate to your own job role.
How does Penny break-even point : How does Penny's break-even point, and margin of safety compare between the two years? Is there any business advice you would like to give her
Bolster a company resources and capabilities : How can strategic alliances, joint ventures, and partnerships bolster a company's resources and capabilities? Why do they fail? How can they benefit companies d
History of the company unilever : 1. History of the company Unilever 2. Competition from companies who had already adopted digitalization?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What is meant by classifying a unit as an investment center

Discuss how each works, what each helps ensure, what dysfunctional behaviors can result from its use, and how multiple approaches can help

  Determine the second-year depreciation using straight-line

Estimated residual value of $3,415 and an estimated useful life of 4 years. Determine the second-year depreciation using the straight-line method.

  Prepare a report describing the balanced scorecard

Prepare a report describing the Balanced Scorecard and the Economic Value Added and their claimed advantages. Then compare these two systems

  Is total fixed costs all remain the same true or false

Unit variable costs and total fixed costs all remain the same, but the sales mix changes, there is no effect on the breakeven point. Is this true or false?

  What is contribution margin per hour of painting department

What is the contribution margin per hour of painting department time for each product? What is the total contribution margin earned for the optimal mix?

  What is the yield to maturity on the bonds

The coupon interest rate on the bonds is 10.60 percent and they mature in 26 years. What is the yield to maturity on the bonds? What is the current yield

  What would journal entries to record the transaction

Assume that in a common-law state Mr. Davis, What would journal entries to record this transaction for Mr. Davis look like following the Supreme Court decision?

  What is cost of goods sold for the month of march

The company made purchases of $50,000. The inventory at the end of the month is $16,200. What is cost of goods sold for the month of March?

  Journalize these transactions in two-column journal

Journalize these transactions in a two-column journal. Post the entries prepared in (A) to the following T accounts: Cash, Supplies, Accounts Receivable, Accounts Payable, Fees Earned. To the left of each amount posted in the accounts, select the app..

  Using the fifo method compute the cost of the units

Using the FIFO method, compute the cost of the units transferred to the next department during the period and the cost of ending work in process inventory.

  Determine the unit costs of production

Compute equivalent units of production for materials and for conversion costs - Determine the unit costs of production.

  Provide the maintenance efficiency variance

You have standards of 5 minutes of machine time per unit produced and $20 of maintenance cost per hour of machine usage. Provide maintenance efficiency variance

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