User Account

All Pages

What is the cost assigned to job at the end of the week

Assignment Help Managerial Accounting
Reference no: EM133018471

Question - A company has the following transactions during the week.

Purchase of $1,000 raw materials inventory

Assignment of $500 of raw materials inventory to Job 5

Payroll for 20 hours with $1,000 assigned to Job 5

Factory utility bills of $750

Overhead applied at the rate of $10 per hour

Required - What is the cost assigned to Job 5 at the end of the week?

Reference no: EM133018471

Questions Cloud

Prepare the trial balance - periodic inventory system : Canto Merchandising sells facsimile, copiers and other types of office equipment. Prepare the Trial Balance - periodic inventory system
Prepare emma income statement for the year ended december : Emma paid $146000 to her suppliers during the year and at the end of the year she still owed them $14000. Prepare Emma's income statement for the year ended
Make the corrected unadjusted trial balance at June : A $300 debit to Accounts Receivable was posted as $30. The credit to Consulting Service Revenue was correct. Make the corrected unadjusted trial balance at June
Prepare the amortization schedule for this loan : Given the present value of annuity factor of Re. 1 for 3 years at 20% to be 2.1065, prepare the amortization schedule for this loan
What is the cost assigned to job at the end of the week : A company has the following transactions during the week. Factory utility bills of $750. What is the cost assigned to Job 5 at the end of the week
Identify and analyse the tax treatment of various types : Identify and analyse the tax treatment of various types of income and deductions and Calculate the specific deduction associated with repair
What would be the effect on Swifty income : Swifty also incurs selling and administrative expenses of $75,300 plus $2 per pair for sales commissions. What would be the effect on Swifty income
What is the required rate of return on AA stock : AA Corporation's stock has a beta of 1.2. The risk-free rate is 6%, and the expected return on the market is 10%. What is required rate of return on AA stock
What is the direct and variable costing unit product cost : Corporation produces a single product. There were no beginning and there are no ending inventories. What is the direct/variable costing unit product cost

Reviews

Write a Review

Managerial Accounting Questions & Answers

  How much indirect factory wages and factory equipment

How much indirect factory wages and factory equipment depreciation cost would be assigned to the Customer Orders activity cost pool?

  What is the amount of the exchange loss or gain recognized

Valley Enterprises purchases inventory, What is the amount of the exchange loss or gain recognized with respect to the forward contract on September 30?

  What is the amount collected in this month

Total Sales is $80,000 in a month. 30% of this is on Credit. What is the amount collected in this month

  What was the amount of direct labour? costs

What was the amount of direct labour? costs? Manufacturing overhead is allocated at? 60% of direct labour cost. Work in process? inventory, beginning

  Calculate the fixed overhead spending variance

The standard fixed overhead per unit is $10.40 (2 hours at $5.20 per hour). Calculate the fixed overhead spending (budget) variance

  Discuss the potential benefits of analysing variances

Discuss the potential benefits of analysing variances into a business planning and operational elements and how the result can be used for better performance

  Is a work breakdown structure advisable for outreach project

Is a work breakdown structure advisable for outreach projects? Is WBS recommendable and when is it better to use responsibility matrix for outreach projects?

  What is the budgeted cost of purchasing material

Material A and 6,000 ounces of Material B in inventory on December 31. What is the budgeted cost of purchasing Material B in the upcoming year?

  Complete variance analysis for cogs by indicating variance

Based on the information given, run a complete variance analysis for COGS by indicating variance conditions for each of the COGS variance components.

  What is the option value based on the binominal model

The current price of a stock is $20, and at the end of one year its pric. Based on the binominal model, what is the option's value?

  Find what will be change in monthly operating income

Find what will be change in monthly operating income, If Immanuel accepts the special order? 85,000 units per month, and all other conditions remain the same.

  How are variable and fixed costs determined

How are variable and fixed costs determined using the high-low method of cost estimation? Explain in detail and provide the specific example.

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