Identify costs as variable and calculate the expected costs

Assignment Help Accounting Basics
Reference no: EM13521261

Hadicke Corporation manufactures a single product. Monthly production costs incurred in the manufacturing process are shown below for the production of 3,000 units. The utilities and maintenance costs are mixed costs. The fixed portions of these costs are $300 and $200, respectively.

Production in Units

3,000

Production Costs


Direct materials

$ 7,500

Direct labor

15,000

Utilities

1,800

Property taxes

1,000

Indirect labor

4,500

Supervisory salaries

1,800

Maintenance

1,100

Depreciation

2,400

Instructions

(a) Identify the above costs as variable, fixed, or mixed.

(b) Calculate the expected costs when production is 5,000 units.

Reference no: EM13521261

Questions Cloud

Define the terms mixed costs and fixed costs : Define the terms variable costs, fixed costs, and mixed costs - classify each cost above as either variable, fixed, or mixed.
Explain the molar solubility of agoh in pure water : Compare the molar solubility of AgOH in pure water, with that in a solution buffered at pH 7.00. Note the difference between the two cases: when AgOH is dissolved in pure water, the pH does not remain at 7. The value of Ksp for AgOH is 1.5x10-8 at..
Determine the index of refraction of mineral oil : A beam of light traveling in air strikes the surface of mineral oil at an angle of 17.8° with the normal to the surface. If the light travels at 2.17 X 108 m/s in the oil, determine the index of refraction of mineral oil
Explain the free energy change for the dissolution : Calculate the Ksp for Na2B4O5(OH)4 from this data. What is the free energy change for the dissolution of Na2B4O5(OH)4 at 25° C
Identify costs as variable and calculate the expected costs : Identify the above costs as variable, fixed, or mixed and calculate the expected costs when production is 5,000 units.
Define the electrolysis of water : Car manufacturers are developing engines that use H2 as fuel. In Iceland, Sweden, and other parts of Scandinavia, where hydroelectric plants produce inexpensive electric power, the H2 can be made industrially by the electrolysis of water.
Determine the effective voltage across the capacitor : A 98 ? resistor is connected in series with a 177 mH inductor and a 1.4 ?F capacitor. Find the effective voltage Vrms across the capacitor
Calculate the total energy stored in two capacitors : Two capacitors, C1 = 30 µF and C2 = 2.0 µF, are connected in parallel and charged with a 110 V power supply. Calculate the total energy stored in two capacitors
Explain a sample of solid ammonium sulfide : A sample of solid ammonium sulfide (NH4)2S is placed in a closed bulb which is then filled with 0.0150 mol of inert HE gas. The pressure of the He at 25 degrees Celsius is 145 mmHg.

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.

  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!

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