What are expected total costs for these three cost

Assignment Help Accounting Basics
Reference no: EM132687766

Question - X Company's accountant uses account analysis to estimate costs for each month, with direct labor hours as the independent variable. In July, she did the following cost behavior analysis for three specific cost items:

Cost Item

Total Cost

Variable Cost

Supplies

$329,475

$329,475

Utilities

352,838

260,360

Rent

375,000

0

Required - In July, direct labor hours were 11,500. If direct labor hours in November are expected to be 13,000, what are expected total costs for these three cost items in November?

Reference no: EM132687766

Questions Cloud

Why would some microbes specialize in a different food : Why would some microbes specialize in a different food source than the surrounding microbes?
Prepare the journal entry to record the replenishment : Prepare the journal entry to record the replenishment of the petty cash fund. (Credit account titles are automatically indented when amount is entered.)
List sources of stress in the workplace : List sources of stress in the workplace that can lead to unsatisfied employees and possible union organization? The response must be typed.
Demonstrate the cost of the land and the cost of building : Demonstrate the cost of the land and the cost of the building as they should be recorded on the books of Sheffield Co. Assume that the land survey
What are expected total costs for these three cost : If direct labor hours in November are expected to be 13,000, what are expected total costs for these three cost items in November
What is starch hydrolysis : What is Starch Hydrolysis? and for what is use?
Compute what dollar value of supplies expense will reported : On March 31 Bravo purchased an additional $12,400 of supplies. What dollar value of Supplies Expense will be reported in the annual financial statements?
Explain the advantages of integrating strategic management : What are the organizational advantages of integrating strategic management and human resources management? Provide two companies that integrated strategic.
Make the adjusting general journal entry for the six-months : July 1, 2019, Make the adjusting General Journal entry (without explanation) for the six-months ended December 31, 2019. If no entry is required

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