What amounts will be allocated to the packaging department

Assignment Help Financial Accounting
Reference no: EM13135629

Ring Company allocates the net cost of the company cafeteria to production departments using the direct method based on the number of employees in each department. The four production departments in the company have the following number of employees: molding, 25; polishing, 35; engraving, 30; and packaging, 10. There are 5 employees in the cafeteria. The cafeteria’s net costs total $130,100.
What amounts will be allocated to the packaging department? 

Reference no: EM13135629

Questions Cloud

What is croissant return on investment : Croissant Division of Pastry Corporation has invested capital of $1,600,000. During the past year, Croissant had sales of $1,200,000 and earned $400,000. What is Croissant’s return on investment?
Contemporary culture in kenya : Describe a typical day in your life and the challenges you face due to the unique geographical and political situation in your city or town.
What would be the unit transfer price : Pontiac Company's Division Y had the following historical accounting data per unit based on 6,000 units per period.
Critical to human dignity : Explanation of the issue as critical to human dignity.2 Identification and explanation of the understanding of human dignity in each perspective.
What amounts will be allocated to the packaging department : Ring Company allocates the net cost of the company cafeteria to production departments using the direct method based on the number of employees in each department. What amounts will be allocated to the packaging department?
Probability that more than five sticks will be defective : Tthe sticks in the shipment fail to meet specifications. What is the probability that no more than 3 will be defective? What is the probably that more than 5 will be defective?
Demographics for ocala : Research other timely sites that give thorough demographic or census information. Choose an area that interests you, maybe the city (Indianapolis, Indiana) or zip code where you live, and research the demographics of the area using relevant and ti..
Calculate the century division contribution margin : Gluten Corporation has the following information pertaining to its Century Division for this year.
Essay for social science on an item out of the constitution : write a persuasive essay for Social Science on an item out of the constitution

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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