What is the cost to process receipts

Assignment Help Cost Accounting
Reference no: EM132833743

Question - QuikCard processes credit card receipts for local banks. QuikCard processed 1,400,000 receipts in October. All receipts are processed the same day they are received. October costs were labor of $14,000 and overhead of $28,000. What is the cost to process 1,000 receipts?

Reference no: EM132833743

Questions Cloud

How much is diluted earnings per share for company : How much is Diluted Earnings Per Share? In 2021 Our Company had Net Income of $825,000. On 1/1/21, there were 250,000 shares of common stock outstanding.
What is the term of the mortgage : A mortgage of $21, 169.00 is to be repaid by making payments of $1631.00 at the end of each month. What is the term of the mortgage
Unit 7 Business Law Assignment : Unit 7 Business Law Assignment Help and Solution, Higher National Diploma in Business - Assessment Writing Service - Explain the basic nature of legal system
What are two arguments for or against taking a combined : What are two arguments for or against taking a combined or substantive approach to this audit (ignoring requirement for US publicly traded companies)
What is the cost to process receipts : QuikCard processes credit card receipts for local banks. QuikCard processed 1,400,000 receipts in October. What is the cost to process 1,000 receipts
Explain in steps that you will take to conduct the audit : Closing the financial books and before filing income statement during closing. Explain in the four (4) steps that you will take to conduct the audit.
What action should joanne take : In your opinion, what action should Joanne take? How should this payment have been recorded? Joanne Walters is the administrator of Saludis S.A. medical office.
How you use advocacy and policy to uphold ethical standards : How did you use advocacy and policy to uphold ethical standards, which include data security, regulatory requirements, confidentiality, and client's right.
What would be the total manufacturing cost recorded for job : What would be the total manufacturing cost recorded for Job 205? Compute the predetermined overhead rates used in the Molding Department and Painting Department

Reviews

Write a Review

Cost Accounting Questions & Answers

  Define capital in order to necessarily have a positive npv

the sum of undiscounted cash flows is positive. We need to find out the cost of capital in order to necessarily have a positive NPV

  Evaluate the total factory overhead spending variance

Under a three-variance breakdown of the net overhead variance, evaluate the total factory overhead spending variance for May.

  Direct labor efficiency variance in terms of hours

Calculate the flexed budget amount against which actual performance should be evaluated and then calculate the budget variance and calculate the direct labor efficiency variance in terms of hours.

  Make variable costing income statements for july and august

Denton Company manufactures and sells a single product.Variable costs per unit. Prepare variable costing income statements for July and August.

  Find the net amount that terry pays in for fica

find the net amount that Terry pays in for FICA and medicare. In one paragraph (not a full memo), please describe your answer.

  What assumption is implicitly made about cost behavior

What assumption is implicitly made about cost behavior when all of the items in a static planning budget are adjusted in proportion to a change in activity? Why is this assumption questionable?

  What is the function of the indian reserve bank

What is the function of the Indian Reserve Bank, with reference to credit control measures?

  What was the desired ending finished goods

Sheridan Company, If the production budget shows that 33000 units are required for production, what was the desired ending finished goods?

  Perform the acl test

Perform the ACL test and prepare a report with your conclusions

  Determine what decision take with regards to the supplier

Determine what decision he should take with regards to the supplier and raw material. Support your answer with any cases or guidelines you consider relevant

  After reconciling its bank account

After reconciling its bank account, Scheiner Company made the following adjusting entries:

  Evaluate each of the given incentive plans at mcdonalds

Evaluate each of these incentive plans. Are there better alternatives? Be sure to consider the important things a manager and a restaurant should do to contribute to McDonald's overall company success.

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