User Account

All Pages

What are the estimated total costs

Assignment Help Managerial Accounting
Reference no: EM133092584

Question - Diamond Sports is a small company that purchases and sells cricket bats. The company has hired you to perform some management advisory services. The following information pertains to 2018 operations.

Sales (2000 cricket bats) $900,000

Cost of goods sold 400,000

Store manager's salary per year 70,000

Operating costs per year 157,000

Advertising and promotion per year 15,000

Commissions (4% of sales) 36,000

Required - What are the estimated total costs if Hewitt expects to sell 3000 units next year?

A. $799,000

B. $896,000

C. $678,000

D. $1,017,000

Reference no: EM133092584

Questions Cloud

Motivation of their employees to operate safely : What steps could management take to increase the motivation of their employees to operate safely?
Capital investment decisions : Describe the elements involved in capital investment calculations.
Ethics Project-Institute of Management Accountants : The Institute of Management Accountants, like other professional organizations, has produced a statement of ethics that their members are expected to follow.
Threats or traditional carrots : What will you do to motivate them? Remember that they are professionals and that threats or traditional carrots may not work.
What are the estimated total costs : The company has hired you to perform some management advisory services. What are the estimated total costs
Determine the number of units that bbb ltd must sell : The following information is for BBB Ltd.: Selling price $300 per unit. Determine the number of units that BBB Ltd must sell
Corporate social responsibility : How companies fit their organizational strategies, structures, and processes to different cultures to embrace opportunities and improve effectiveness?
Literature Synthesis Matrix : Break down information from each article, listing its author, source, and 1-2 sentences summarizing key points
Describe how touch affects human development : Describe the role of nonverbal behavior in the communication. Describe how touch affects human development. What causes pupils to dilate and constrict?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd