The chief cost accountant for sassy beverage co estimated

Assignment Help Accounting Basics
Reference no: EM13586317

The chief cost accountant for Sassy Beverage Co. estimated that total factory overhead cost for the Blending Department for the coming fiscal year beginning June 1 would be $97,500, and total direct labor costs would be $75,000. During June, the actual direct labor cost totaled $6,300, and factory overhead cost incurred totaled $8,250.

a. What is the predetermined factory overhead rate based on direct labor cost? Enter your answer as a whole percent not in decimals.

Reference no: EM13586317

Questions Cloud

Students will write a 5-8 page research review of an issue : students will write a 5-8 page research review of an issue relevant to young children and play using at least 5
Manufacturing overhead cost per unit is based on variable : the wild boar corporation is working at full production capacity producing 13000 units of a unique product rosebo.
Is the study observational or experimental justify your : an insecticide company exposes 10000 cockroaches to its newest product and exposes another 10000 to their previous
What is the difference between inorganic compounds and : question 1 what is the difference between inorganic compounds and organic compounds?question 2 name the following
The chief cost accountant for sassy beverage co estimated : the chief cost accountant for sassy beverage co. estimated that total factory overhead cost for the blending department
Patsy folson is evaluating what appears to be an attractive : patsy folson is evaluating what appears to be an attractive opportunity. she is currently the owner of a small
During may the production department of a process : during may the production department of a process manufacturing system completed a number of units of a product and
If an iron industry has earned contribution of 200000 and : if an iron industry has earned contribution of 200000 and net profit of 150000 on sales of 800000. what would be
The following table gives the number of electrons protons : question the following table gives the number of electrons protons and neutrons in atoms or ions of four elements

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