User Account

All Pages

What is the actual OH

Assignment Help Accounting Basics
Reference no: EM133129904

Question -

1. If applied OH is 100 while COGS at actual cost is 800. COGS at normal cost is 820. What is the actual OH? Any under over applied OH is immaterial.

2. Data are as follows: Net income is 10; OPEX is 100 and Sales is 500. If FG increased by 5, what is the COGM?

Reference no: EM133129904

Questions Cloud

Large gains in insurance coverage : One of the goals of the Affordable Care Act (ACA) was to increase insurance coverage in the United States. This was accomplished through a variety of policies:
Determine the optimal number of units to put in a package : A monopoly is considering selling several units of a homogeneous product as a single package. Analysts at your firm have determined that a typical consumer's de
What is the cost of job completed in January : Materials inventory at January 1 totaled P46,000 and P5,800 in materials were purchased during the month. What is the cost of job completed in January
Explain the meaning of the term elasticity : Explain the meaning of the term elasticity. Use your results to report the elasticity of output with respect to changes in capital.
What is the actual OH : If applied OH is 100 while COGS at actual cost is 800. COGS at normal cost is 820. What is the actual OH? Any under over applied OH is immaterial
Operating expenses expected to be generated : A machinery that costs $100,000, has a service life of 5 years and a salvage value of $10,000 at the end of service life. The Gross Income - Operating Expenses
How globalization relates to the practice of outsourcing : a. Discuss how globalization relates to the practice of outsourcing.
What the correct journal entry to record the purchase : Juniper Company uses a perpetual inventory system and the gross method of accounting for purchases. What the correct journal entry to record the purchase
What happened in the great depression : a. During the 2008 financial crisis and the subsequent recession, how did major U.S. banks responded to the actions of the Federal Reserve?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepared a Cash Flow statement

Jones does not understand how the company can be $17,600 ahead of last year in terms of cash on hand, Prepared a Cash Flow statement

  What would be the effect on the income statement

Unbilled fees at March 31, $13,500. What would be the effect on the income statement if adjustments (a) and (f) were omitted at the end of the year

  Madison industries has equivalent units of 2000 for

madison industries has equivalent units of 2000 for materials and for conversion costs. total manufacturing costs are

  Find the depreciation expense recognized for the year

Assuming that Violeta Pitular used the straight-line method, the depreciation expense recognized for the year 2004 is

  Create comprehensive work programs for notes payable

Create comprehensive work programs for Notes Payable and Owner's Equity accounts and cycles. Chosen Company: Apple, Inc.

  Calculate the total amount of Linda fraud penalty

Assume that the underpayment of taxes by Linda was determined to be fraudulent, and calculate the total amount of Linda's fraud penalty

  What was the accounts receivable turnover ratio

Problem - Potaw Company reported the following data at the end of 2016: What was the accounts receivable turnover ratio

  Prepare the stockholders equity section of balance sheet

Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet

  Compute the value of Flower Valley Company bonds

The bonds have a par value of $1,000 and will mature 16 years from now. Compute the value of Flower Valley Company bonds

  How much would be inventory turnover

If Sales is $1,000,000, cost of merchandise sold is $750,000, and average inventory is $220,000, how much would be inventory turnover

  Adjustment to allowance for doubtful accounts-credit balance

If the accounts receivable balance at December 31 was $200,000, what is the required adjustment to the Allowance for Doubtful Accounts at December 31, 2008?

  Cowley county hospital uses a job-costing system for all

cowley county hospital uses a job-costing system for all patients who have surgery. in march the pre-operating room

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