User Account

All Pages

What is the fixed overhead rate

Assignment Help Accounting Basics
Reference no: EM132838070

Everjoice Company makes clocks. The budgeted fixed overhead costs for 2012 totaled $720,000. The company uses direct labor hours to allocated fixed overhead and it takes 0.5 direct labor hours per clock. The budgeted quantity of clocks (output) planned for the year was 480,000 units. During the year, 504,000 clocks were produced and $780,000 was spent on fixed overhead.

Problem A. What is the fixed overhead rate (FOH rate) for 2012 based on direct labor hours?

Reference no: EM132838070

Questions Cloud

How long will take for the account to be paid off : If the current balance is $16,700, how long will it take for the account to be paid off? One of your customers is delinquent on his accounts payable balance.
Define what are your choices and obligations : Assume the role of a criminal defense attorney. Your client has disclosed to you that he abducted and murdered a small child. You are then presented with.
Difference between ea artifacts and ea components : What is the difference between EA artifacts and EA components? Give some examples where EA artifacts and EA components are the same thing.
Differentiate the recruitment and selection : Answer the following. Why Human Resource Management with a touch of connected to Organization Development?
What is the fixed overhead rate : What is the fixed overhead rate (FOH rate) for 2012 based on direct labor hours? The budgeted fixed overhead costs for 2012 totaled $720,000.
Identify the other agencies within the system : Identify the other agencies within the system that your organization would interact with as part of its regular operation. Identify organizations outside.
GEN 301 Professional Ethics Assignment : GEN 301 Professional Ethics Assignment Help and Solution, Emirate College of Technology - Assessment Writing Service
Explain the difficulty and possible adjustment measures : Explain the difficulty and possible adjustment measures in doing forecasting on your example series
Discuss the possibility of internal expansion : Dalman and Lei have decided to meet a venture capital group in New York to discuss the possibility of internal expansion of Sandwich Blitz,

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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