User Account

All Pages

How much was the cost per unit of finished product

Assignment Help Accounting Basics
Reference no: EM132568832

Question - Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor cost. At the beginning of the year, the company estimated total manufacturing overhead costs at $1,000,000 and total direct labor costs at $820,000. In June, Job 711 was completed. The details of Job 711 are shown below.

Direct materials cost $20,500

Direct labor cost $11,000

Direct labor hours 500 hours

Units of product produced 200 units

Required - How much was the cost per unit of finished product?

Reference no: EM132568832

Questions Cloud

Explain the importance of crime analysis : Build upon your earlier post about CPTED and explain the importance of crime analysis in reference to secure architectural design. Remember to cite at least.
By what amount should AAA account change : In 2009 the partnership sustained a P33,000 loss before interest and salaries to partners. By what amount should AAA's account change
How conditions are currently in your state : As a future leader in health care, why is it important to understand major disease outbreaks from reliable resources such as the CDC? You may also want.
Determine the dollar amount of ocean city kite company : Determine the dollar amount of Ocean City Kite Company's fixed costs. (Round dollar value to the nearest whole dollar & enter as whole dollars only.)
How much was the cost per unit of finished product : Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor cost. How much was the cost per unit of finished product
Identify ethical issue : Identify an ethical issue that can occur when conducting business research. Provide an example of this issue. What happened?
Describe your local healthcare profile : Describe your local healthcare profile (population number, socioeconomic determinants, health and medical resources available, in the community, competitive.
Compute return on common stockholders equity : On January 1, 2018 ,Herron Corporation purchased 5,000 shares of treasury stock. Compute return on common stockholders equity
Credentialing and regulation of veterinary technicians : Compare the credentialing and regulation of veterinary technicians in the AVMA Model Veterinary Practice Act with the credentialing

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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