What are the total period costs for the month

Assignment Help Managerial Accounting
Reference no: EM132991324

Question - Inc. produces a single product. Roadrunner has provided the following data concerning its most recent month of operations:

Selling price $135

Units in beginning inventory 0

Units produced 5,000

Units sold 4,900

Units in ending inventory 100

Variable costs per unit:

Direct materials $33

Direct labor $34

Variable manufacturing overhead $ 4

Variable selling and adm. expense $ 6

Fixed costs:

Fixed manufacturing overhead $185,000

Fixed selling and adm. expense $88,200

Required - What are the total period costs for the month under direct/variable costing?

Reference no: EM132991324

Questions Cloud

Relationship between assurance and certification services : Explain the relationship between assurance services and certification services. Give examples of each
What is latency : Explain the significance of the urinalysis results as they relate to renal involvement with SLE. What is latency, and why is it increased in MS?
How could smiley reduce its equity cost of capital : Other gold mining ?rms have an average beta of 0.8 and a debt to equity ratio of 1(3. How could Smiley reduce its equity cost of capital
Outline copd triggers that increase exacerbation frequency : Outline COPD triggers that can increase exacerbation frequency, resulting in return visits. Considering Mrs. J.'s current and long-term tobacco use
What are the total period costs for the month : Inc. produces a single product. Roadrunner has provided the following data - What are the total period costs for the month under direct/variable costing
Explain the clinical manifestations present : Describe four cardiovascular conditions that may lead to heart failure. What can be done in the form of medical/nursing interventions to prevent the development
What are thoughts on the cultural perspective : How accurately does the movie depict Latinx (specifically, Mexican) beliefs surrounding death and the afterlife? What are thoughts on the cultural perspective?
How important are facts in the process of forming an opinion : How important are facts in the process of forming an opinion? Explain what you believe to be the purpose or function of facts in making a judgment.
Prepare the entry for open market purchases : Missouri wheels Ltd sold 9,000,000 of 14 yrs, 3.5% bonds at par on Jan 1, 2020. Prepare the entry for open market purchases

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!

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