How much should evans budget for direct labour for april

Assignment Help Managerial Accounting
Reference no: EM132509814

Evans Recycle plans to produce 1,500 recycle bins during April. Each bin requires 1.7 kilograms of plastic and 0.1 hours of direct labour. Plastic costs $2.15 per kilogram. Evans pays its employees $12.50 per hour. Manufacturing overhead is applied at a rate of 150% of direct labour costs. Finished plastic lids are purchased separately from another supplies Evans has 400 kilograms of plastic in beginning inventory and wants to have 550 kilograms in ending inventory.

Required

Answer the following questions, substantiating your statements with the formulas and calculation:

Question a) How many kilograms of plastic direct materials should Evans plan to buy during April?

Question b) How much should Evans budget for direct labour for April?

Question c) How much manufacturing overhead will be charged to each recycle bin in April?

Question d) What is the cost per unit of the bins produced in April?

Reference no: EM132509814

Questions Cloud

What will be the net after-swap yield on assets for the bank : A company has funded 10 percent fixed-rate assets with variable-rate liabilities at LIBOR + 2 percent. A bank has funded variable-rate assets
What is the maximum amount of cost recovery : Assuming Cassie has a small net loss from her business prior to the deduction, what is the maximum amount of cost recovery Cassie can deduct
Prepare in good form a cash budget for march : Past collection history, Prepare in good form a cash budget for March. Markus Corporation's sales of gizmos are 10% for cash and 90% on credit.
Determining the exchange-traded fund : You currently hold U.S. stocks through an Exchange-Traded Fund, A.
How much should evans budget for direct labour for april : How many kilograms of plastic direct materials should Evans plan to buy during April? How much should Evans budget for direct labour for April?
Protect the value of portfolio against inflation : You currently have U.S. stocks in your portfolio. In order to better protect the value of your portfolio against inflation you decide to invest in one additiona
Determining moral behavior : Applied ethics study of what is right or wrong pertaining to a specific profession or subject - develop whole sightexploring issues with your heart and mind
Why a cost accounting system is appropriate : You plan to recommend that Hot Stuff convert to a cost accounting system. Why a cost accounting system is appropriate for Hot Stuff Bonfire, Inc
Leadership plan for creating glocalized environment : The discussion this week is to post a leadership plan for creating a glocalized environment.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Research transfer pricing problems

Assess the major potential problems that a multinational firm could encounter when using negotiated transfer pricing instead of market-based transfer

  Cost of goods manufactured during the period

Calculate the Cost of Goods Manufactured during the period and calculate the Cost of Goods Sold during the period.

  Relationship between costs and prices

Make a chart of the root cause analysis of the relationship between costs and prices between divisions in the Indobox Paper Company!

  Find the combined administrative and research costs

Find The combined administrative and research costs that the Parkersburg office should expect to be allocated are. Research Associates Corporation uses activity

  Use the information listed

Select only one (1) brand. Use the information listed, as well as your own research, to assess the brand by completing the provided template. At the end of the template, be sure to develop what you believe would be a new or better positioning stateme..

  Description of operating cycle

Determine the length of the inventory conversion period. Determine the length of the receivables conversion period. Determine the length of the operating cycle. Determine the length of the payables deferral period.

  What mass of tnt would have to explode

What mass of TNT would have to explode to provide the same energy release? Assume that each mole of TNT liberates 3.4 MJ of energy on exploding.

  Find what are the expected total quality control costs

20 gas fireplaces next week, what are the expected total quality control costs? (Round intermediate and final value to 2 decimal places.)

  What happens to the market price of bond trades

What happens to the market price that bond trades at all other things being equal? If a bond carries a 6.5% interest rate, and interest rates

  What would the variable costing net income have been

Suppose that the company sold 8,000 units during the year. What would the variable costing net income have been? What would the full costing net income have been?

  Answer each of jordan questions using the data given above

Answer each of Jordan's questions using the data given above. In each case, explain how you arrived at your answer.

  Explain the difference between interval and ratio data

List at least 3 qualitative attributes of the snack food about which they might want to ask consumers. Make sure at least one of them is nominal.

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