The standard fixed overheads cost per battery is 1080 based

Assignment Help Accounting Basics
Reference no: EM13588503

The standard Fixed Overheads cost per battery is $10.80 based on the following information for the year 2012: Budgeted Production: 10000 Batteries Budgeted Fixed Expanses: $108000 Budgeted Total Production Hours: 24000 For the month of April the following actual data are obtained: Fixed Expenses incurred: $9500 Budgeted Production Hours for April: 2400 Actual Production Hours Worked: 1800 Actual Production: 960 Batteries Compute the Expenditure, Capacity and Efficiency Variances.

Reference no: EM13588503

Questions Cloud

Suppose that the steel gas tank in your car is completely : suppose that the steel gas tank in your car is completely filled when the temperature is 14deg c. how many gallons
Assume that x company has decided to switch to an : assume that x company has decided to switch to an activity-based costing allocation system. it has identified three
Rentoul inc recently had to pay 8 interest for money that : 1. it sold land having a fair value of 905000 in exchange for a 3-year zero-interest-bearing promissory note in the
Assuming winchester had a credit balance of 500 in its : situation 1 at the end of 2xxx winchester company had a balance in accounts receivable of 43500. after aging its
The standard fixed overheads cost per battery is 1080 based : the standard fixed overheads cost per battery is 10.80 based on the following information for the year 2012 budgeted
Mr yee and the green garden peter is the manager of a : mr. yee and the green garden peter is the manager of a buffet-style salad bar restaurant called green garden. one of
Clarks chemical company received customer deposits on : clarks chemical company received customer deposits on returnable containers in the amount of 100000 during 2013. twelve
Howie long has just learned he has won a 506800 prize in : howie long has just learned he has won a 506800 prize in the lottery. the lottery has given him two options for
Funzy cereal includes one coupon in each package of wheatos : funzy cereal includes one coupon in each package of wheatos that it sells and offers a toy car in exchange for 1.00 and

Reviews

Write a Review

Accounting Basics Questions & Answers

  Asset for net deferred income taxes

Assuming the lawsuit was resolved in February of 2012 (at which time a $200,000 loss was recognized for tax purposes) and that Begal's tax rate is 30 percent for both 2011 and 2012, what amount should Begal report as asset for net deferred income ..

  Perform the audit on a fortune

Assume you are the partner in an accounting firm hired to perform the audit on a fortune 1000 company. Assume also that the initial public offering (IPO

  Pretax accounting income and taxable income

Sherrod, Inc., reported pretax accounting income of $92 million for 2011. The following information relates to differences between pretax accounting income and taxable income:

  Cost incurred and salvage proceedings

On december 1, 2010, Hogan company purchased a tract of land as a factory site for 800,000. The old building on the property was razed, amd salvaged materials resulting from demolition were sold. Additional cost incurred and salvage proceeds reali..

  Parker plumbing has received a special one-time order for

parker plumbing has received a special one-time order for 1500 faucets units at 5 per unit. parker currently produces

  What is the amount of the refund owed to the customer

What is the amount of the refund owed to the customer and journalize the entries made by the seller to record the return and the refund.

  The budgeting process may be approached differently

The budgeting process may be approached differently in various firms

  Comparability of the resulting financial statements

To what extent might companies' useof these different treatments reduce the comparability of the resulting financial statements?

  For the coming year bernardino company anticipates a unit

for the coming year bernardino company anticipates a unit selling price of 85 a unit variable cost of 15 and fixed

  Overall accounts receivable amount

Should Boeing report these receivables separately in the financial statements, or combine them into one overall accounts receivable amount?

  Held-to-maturity debt securities

On July 1, 2011, Patton Company should increase its Held-to-Maturity Debt Securities account for the Scott Co. bonds by:

  Insurance policy-utility function

What is the highest price that you would be willing to pay for an insurance policy that fully insures you in the event that your house burns down?

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