User Account

All Pages

List two uses of this unit cost information to the managers

Assignment Help Accounting Basics
Reference no: EM132717029

Question - Tik Tok Company manufactures customized coffee tables. The following relates to Job No. X10, an order for 150 coffee tables:

Direct materials used $22,800

Direct labour hours worked 600

Direct labour rate per hour $16.00

Machine hours used 400

Applied factory overhead rate per machine hour $30.00

Required -

a) What is the total manufacturing cost for Job No. X10?

b) Calculate the cost per coffee table for Job No. X10?

c) List two uses of this unit cost information to the managers at Tik Tok Company.

Reference no: EM132717029

Questions Cloud

Explain conflicts between employers and employees : Discuss the following statement: "Health care costs are out of control in the United States, and increasing conflicts between employers and employees.
Sampling to reduce the number of data objects : Discuss the advantages and disadvantages of using sampling to reduce the number of data objects that need to be displayed.
Difference between ideology and islamic ideology : Discuss difference between Ideology and Islamic Ideology.
Vital role of regional languages in pakistani culture : Define culture and what are the main features of Pakistani culture according to you. Explain the vital role of regional languages in Pakistani Culture
List two uses of this unit cost information to the managers : Tik Tok Company manufactures customized coffee tables. List two uses of this unit cost information to the managers at Tik Tok Company
Approaches to physical security : Approaches to physical security (APS) is embedded with measurable techniques to protect buildings, property, assets and resources against intruders.
What should be included in disaster planning : What should be included in disaster planning for a large employer in Annapolis, Maryland, that is concerned about natural disasters such as floods.
Provide a tax-planning strategy : Speculate as to the reasons that gain treatment in the current year may be preferred to the deferral of gain. Provide a tax-planning strategy.
Discuss potential implications of these prenatal factors : Discuss potential implications of these prenatal factors for the child's current and future functioning - current functioning in these areas

Reviews

Write a Review

Accounting Basics Questions & Answers

  Adoption of a different inventory method

A lack of disclosure about guaranteed payments that were mentioned in the MD&A of the annual report.Maintenance costs are capitalized and then depreciated.

  What is the amount of capital stock at year-end

If stockholders' equity at the end of the year is $198,000, what is the amount of capital stock at year-end

  State and federal elections

Opinion polls attempt to predict the results of local, state and federal elections. Discuss six reasons why the results of the opinion poll and the outcome of the election may differ.

  What is the cost of retained earnings

DWOTT paid a dividend of $.80 last year and expects them to grow 15% next year and into the foreseeable future. What is the cost of retained earnings

  Presented below are the purchases and cash payments

In addition, the following transactions have not been journalized for July. The cost of all merchandise sold was 65% of the sales price.

  Waterhouse company plans to issue 501000 10-year 10 percent

waterhouse company plans to issue 501000 10-year 10 percent bonds. interest is paid semiannually on june 30 and

  Why the given item is a material weakness

There is a formal management policy that requires monthly reconciliation of the intercompany accounts; however, there is no process to ensure.

  What will pretax income equal

If Custom Bakery sales are $425,000 and the owner expects variable costs equal to 40% of sales and fixed cost of $64,500, what will pretax income equal

  Problem - Warrants Issued with Bonds and Convertible Bonds

Problem - Warrants Issued with Bonds and Convertible Bonds. Prepare the journal entry (or entries) for the issuance of the bonds and warrants

  Compute the cost per unit to complete packaging for labor

Compute the cost per unit to complete packaging for labor, materials, overhead, and total

  Has jake any remedy or remedies available to against devices

Has Jake any remedy or remedies available to him against Devices n More under the Sale of Goods Act (Fiji)? Explain what Jake has to establish to succeed

  What was lowes and ryder operating income for january

Equipment with manufacturing costs of $69,000 were transferred to finished goods. What was Lowes and Ryder operating income for January

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