Total overhead costs at this level of activity

Assignment Help Financial Accounting
Reference no: EM13790594

Trepid Manufacturing Company prepared a static budget of 40,000 direct labor hours, with estimated overhead costs of $200,000 for variable overhead and $60,000 for fixed overhead. Trepid then prepared a flexible budget at 38,000 labor hours. How much is total overhead costs at this level of activity?

$247,000

$250,000

$190,000

$260,000

Reference no: EM13790594

Questions Cloud

How much is controllable margin for year : Cart Company recorded operating data for its shoe division for the year. Sales $750,000, Contribution margin $150,000, Controllable fixed costs $90,000, and Average total operating assets 300,000. How much is controllable margin for the year?
Information is taken from the production budget : The following information is taken from the production budget for the first quarter: Beginning inventory in units 900, Sales budgeted for the quarter 342,000, and Capacity in units of production facility 354,000. How many finished goods units should ..
Discuss six reasons of why shareholders are so worried : from the above case shareholders are very worried that apple is having too much cash discuss six reasons of why shareholders are so worried
Budgeted unit sales : A company budgeted unit sales of 102,000 units for January, 2008 and 120,000 units for February, 2008. The company has a policy of having an inventory of units on hand at the end of each month equal to 30% of next month's budgeted unit sales. If ther..
Total overhead costs at this level of activity : Trepid Manufacturing Company prepared a static budget of 40,000 direct labor hours, with estimated overhead costs of $200,000 for variable overhead and $60,000 for fixed overhead. Trepid then prepared a flexible budget at 38,000 labor hours. How much..
Flexible budget for a level of activity : The master budget of Benedict Company shows that the planned activity level for next year is expected to be 50,000 machine hours. At this level of activity, the following manufacturing overhead costs are expected: Indirect labor $240,000, Machine sup..
Evaluate the role and function of finance : Evaluate the role and function of finance, including the presentation and analysis of financial information, in sustaining and contributing towards the competitive advantage of organisations.
Break-even sales-sales for target profit : Health-Temp Company is a placement agency for temporary nurses. It serves hospitals and clinics throughout the metropolitan area. Health-Temp Company believes it will place temporary nurses for a total of 23,500 hours next year.
Determine the amount of sherwood’s retained earnings : At the end of 2010, Sherwood Company had retained earnings of $18,240. During 2011, Sherwood had revenues of $837,400 and expenses of $792,100, and paid cash dividends in the amount of $38,650. Determine the amount of Sherwood’s retained earnings at ..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Weighted-average method in its process costing system

The Gasson Company uses the weighted-average method in its process costing system. The company's ending work in process inventory consists of 15,000 units; The ending work in process inventory is 100% complete with respect to materials and 70% comple..

  How many units were transferred to finished goods

How many units were transferred to Finished Goods and what are the equivalent production units for materials, labor, and factory overhead, respectively, in the ending Work in Process?

  Complete the following exercise submit journal entries in

complete the following exercise. submit journal entries in an excel file and written segments in an ms word document.

  Prepare topsanahs income statement for the period

Prepare Topsanahs Income statement for the period ended 31 December 2011 and prepare Topsanah's Balance sheet as at 31 December 2011

  Inclusion would have an antidilutive effect

In periods when we recognize a net loss, we exclude the impact of outstanding stock awards from the diluted loss per share calculation as their inclusion would have an antidilutive effect.

  Determine present value of each plan

Determine the present value of each plan. (Round present value factor calculations to 4 decimal places, e.g. 0.2525. Round all other calculations and final answer to 0 decimal places, e.g. 5,250.)

  Calculation of break even sales in dollarsselling price per

calculation of break even sales in dollars.selling price per unit-20total fixed expenses-5000variable expenses per

  What is the industry classification

Base on best buy 10-K form and other sourse to answer following question. What is the industry classification (NAICS - North American Industry Classification System) for the company that you have selected?

  Prepare the stockholders equity section

The ledger of Zeta Corporation at December 31, 2012, after the books have been closed, contains the following stockholders' equity accounts.

  Define sale agreement and term and condition of sale

If result is positive it means there will be some inflow and it will be recognized only after result but if result may affect the financial statements then separate disclosure is required.

  Why do the lifo and average cost inventory cost flow

Why do the LIFO and average cost inventory cost flow assumptions result in different inventory numbers for the perpetual and periodic inventory methods?

  Computation of consideration for purchasing a running

computation of consideration for purchasing a running business firm.benjamin ohenry has owned and operated ohenrys data

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