User Account

All Pages

What is the estimate of the overheads

Assignment Help Accounting Basics
Reference no: EM133125051

Question - Kleaners Kingdom is trying to ascertain the cost of cleaning 18300 square meters for the next project. Management is using past information and high-low method to assist with the calculation. The variables relate to the overhead expenses of past contracts at two activity levels are as follows:

Square meters cleaned

Overheads

13,500

$84,865

15,950

$97,850

Required - What is the estimate of the overheads if 18,300 square meters are to be cleaned?

a. $112,267

b. $96,990

c. $115,039

d. $110,305

Reference no: EM133125051

Questions Cloud

What would be a good example of capital budgeting decision : Question - What would be a good example of capital budgeting decision a company might need to make in regards to business expansion on a rapid opportunity
Create a total revenue line in the range : Marketing manager of an established Bicycle company. The company sells bicycles and accessories, such as clothing and other accessories to bikers
Prepare an amortization table for the note payable : Prepare an amortization table for the note payable and all necessary journal entries for the year ended 12/31/2021 including, as appropriate, adjusting entries
How much are the retained earnings at year-end : The auditor determines that an error occurs on the recording of expenses last year. How much are the retained earnings at year-end
What is the estimate of the overheads : Kleaners Kingdom is trying to ascertain the cost of cleaning 18300 square meters for the next project. What is the estimate of the overheads
Good hypothesis for tornadoes affecting the economy : What is a good hypothesis for Tornadoes affecting the economy? With Direct and Indirect losses as well as Economic Stimuli.
Discuss canadian trade agreements around the world : 1. Briefly discuss Canadian trade agreements around the world
What was the net income of the GBC Partnership for year : Choji, a partner in the GBC Partnership, has a 30% participation in partnership profits and losses. What was the net income of the GBC Partnership for year
Different members of kingdom animalia fish : Different members of kingdom Animalia Fish, horse, frog, dolphin, butterfly, pigeon, dog, bat, and snake.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Should we have laws that require homeowners to insulate in

should we have laws that require homeowners to insulate in order to save energy? how will homeowners benefit from

  What is the size of the annual payments

Payments on a six-year lease valued at $37,200 are to be made at the beginning of every year. If interest is 3.8% compounded annually.

  Fairfax company uses weighted-average process costing to

fairfax company uses weighted-average process costing to account for its production costs. direct labor is added evenly

  What is the present value of the project

Consider the following cash flows over the next four years, in millions of dollars. 100, 130, 160, 180. What is the present value of the project

  If swannanoa companyamp39s budgeted sales are 1000000 fixed

if swannanoa companyamp39s budgeted sales are 1000000 fixed costs are 350000 and variable costs are 600000 what is the

  On january 2 2011 kj corporation acquired equipment for

on january 2. 2011 kj corporation acquired equipment for 260000. the estimated life of the equipment is 5 years or

  Prepare a flowchart to document the acquisition

Instruction - Based on the above narration, prepare a flowchart to document the acquisition/payment system at Kutek Exchange

  Prepare the journal entry to record the issuance of bonds

Adcock Company issued $600,000, 9%, 20-year bonds on January 1, 2019, at 103. Prepare the journal entry to record the issuance of the bonds

  What trend does that show within the company

Question - If a company's average collection period ratio increased from 5.6 to 8.0, what trend does that show within the company? Please explain in detail

  Prepare journal entry that calgary would prepare on january

Prepare journal entries that Calgary would prepare on December 31, 2019. Prepare journal entries that Calgary would prepare on January 1, 2019

  How do feel as a leader the should have been handled

How do you feel as a leader this should have been handled? Do you believe that unethical practices with regards to finance were made or not.

  Before liquidating any assets the partners determined the

the henry isaac and jacobs partnership was about to enter liquidation with the following account balances

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