Manufacturing overhead and direct labor cost

Assignment Help Accounting Basics
Reference no: EM13132791

In August direct labor was 60% of conversion cost. If the manufacturing overhead for the month was $54000 and the direct materials cost was $34000, the direct labor cost was:

A) $36000

B) $22667

C) $51000

D) $81000

Reference no: EM13132791

Questions Cloud

Purpose of an appendix : Everyone, what is the purpose of an appendix? Might it be a good idea to drop contradictory information like this into a report's appendix?
Find probability the doors were left open : Bbut only 1 percent of those closed will have something stolen. If a garage is robbed, what is the probability the doors were left open?
Determining fundamental period : Find the fundamental period p and corresponding w of: Help needed: How would i solve these problems?
Calculate the molar concentration of cl : A 493 mL sample of solution contains 33.2 g of CaCl2 Calculate the molar concentration of Cl in this solution
Manufacturing overhead and direct labor cost : In August direct labor was 60% of conversion cost. If the manufacturing overhead for the month was $54000 and the direct materials cost was $34000, the direct labor cost was:
Determine the inventory balances at the end of first month : Prepare the March income statement for Gantt Manufacturing company. Determine the inventory balances at the end of the first month of operations.
Compute the predicted break-even point in dollar : Prepare a forecasted contribution margin income statement for 2012 that shows the expected results with the machine installed. Assume that the unit sales price and the number of units sold will not change, and no income tax will be due.
Explain how would you recommend that the change be made : If this change is made, what will be the new break-even point in dollar sales and in unit sales in Store 36? Would you recommend that the change be made? Explain.
Explain bond energies : Bond Energies, Using the bond energies below, determine the value and sign of delta H for the

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