What is the budgeted indirect cost allocation rate

Assignment Help Accounting Basics
Reference no: EM13144295

Dalyrymple Company produces a special spray nozzle. The budgeted indirect total cost of inserting the spray nozzle is $80,000. The budgeted number of nozzles to be inserted is 40,000. What is the budgeted indirect cost allocation rate for this activity?

a) $.50

b) $1.00

c) $1.50

d) $2.00

Reference no: EM13144295

Questions Cloud

Good grades : The statements, "People who study for their psychology tests get good grades" and "Sigmund studied for his psychology test,
Calculate dol and then next year net income in dollar : If company expects next year's total sales could increase 12%, they want to know ho this change affects their profit. Calculate DOL and then next year's net income in dollar.
Disposing of real property : Evaluate the legal aspects of acquiring, holding, and disposing of real property. Evaluate the legal aspects of acquiring, holding, and disposing of personal property. Analyze the business use of insurance for various risks.
Provide an example of resources that are temporarily : Provide an example of resources that are temporarily restricted as to (a) purpose, (b) time, and (c) occurence of a specific event. Provide an example of permanently restricted resources.
What is the budgeted indirect cost allocation rate : Dalyrymple Company produces a special spray nozzle. The budgeted indirect total cost of inserting the spray nozzle is $80,000. The budgeted number of nozzles to be inserted is 40,000. What is the budgeted indirect cost allocation rate for this act..
How would the items above relating to research and develop : how would the items above relating to research and development activities be reported on the following financial statements?
Prepare journal entries for each of the foregoing events : Prepare journal entries for each of the foregoing events that affected the Local Improvement District Fund
What is standard deviation for sample of applicants : What is the probability that in the next 15 minutes information about 10 or fewer potential customers arrives and what is the probability that 3 or fewer of the calls are successful
Choice of accounting method understanding : Slanted Building Supplies purchased 32 percent of the voting shares of Flat Flooring Company in March 20X3. On December 31, 20X3, the officers of Slanted Building Supplies indicated they needed advice on whether to use the equity method or cost me..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Qualities and characteristics of modular information system

What are the qualities and characteristics of a modular information system and integrated software system and how do they help in financial control in an organisation?

  Aging schedule approach for estimating uncollectible account

When you use an aging schedule approach for estimating uncollectible accounts:

  Mecklenburg county balanced scorecard

A company that provides training, certification and consulting services to commercial, government, and non-profit organizations in applying best practices in balanced scorecard (BSC), strategic performance management and measurement, and transform..

  What would be the amortization expense for 2013

Assume that the lessor retains title to the machine at the expiration of the lease, that there is no bargain renewal or purchase option, and that the fair value of the equipment is $1,420,000 as of the lease date. Using the criteria for distinguis..

  Selling or administrative expenses

If the contract is obtained, it is anticipated that the additional activity will not interfere with normal production during April or increase the selling or administrative expenses.

  Financial statements present a company to the public

Which financial statement requires input from the income statement and statement of retained earnings. Also what information does this financial statement provide

  Journal entry to record the payment of the dividend

The board of directors of Weston Company declared a cash dividend of $1.50 per share on 42,000 shares of common stock on July 15, 2007. The dividend is to be paid on August 15, 2007, to stockholders of record on July 31, 2007. The effects of the j..

  Should kathy withhold fica taxes fica taxes

Kathy owns and operates a grocery store as a sole proprietor. She pays wages to her husband Joe and their 17-year-old daughter Marla, both of whom work at the store. Should Kathy withhold FICA taxes FICA taxes from the wages paid to Joe and Marla?

  What is the average waiting time

Diane, the tool crib attendant, works eight hours a day, five days a week. Each order is for one small tool and each small tool takes Diane 2 minutes to retrieve from the bins. What is the average waiting time, in minutes?

  Depreciated and straight-line method

Equipment with a cost of $192,000 has an estimated salvage value of $18,000 and an estimated life of 4 years or 12,000 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during w..

  Current financial reporting requirement

What is the current financial reporting requirement for charity care? Do you agree or disagree with the current financial reporting requirement?

  Administrative expense budget

The cash disbursements for selling and administrative expenses on the August selling and administrative expense budget should be?

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