User Account

All Pages

What is the machine hour absorption rate

Assignment Help Financial Accounting
Reference no: EM133006002

Question - The following data relate to one year in department A.

Budgeted machine hours 25,000

Actual machine hours 21,875

Budgeted overheads $350,000

Actual overheads $350,000

Based on the data above, what is the machine hour absorption rate as conventionally calculated?

Reference no: EM133006002

Questions Cloud

What is the maximum price : What is maximum price that the Electronic Division would be willing to pay to the Assembly Division for one square metre of special integrated circuit boards
What the cost of equity raised by selling new common stock : The flotation costs for issuing the shares of common stock is 5.00% of the proceeds. What the cost of equity raised by selling new common stock
What type of company Lee would apply for registration : Explain what type of company Lee would apply for registration with ASIC. How that company would be categorised at the end of its first financial year
BUS 2275 Internship in Business Assignment : BUS 2275 Internship in Business Assignment Help and Solution, Eastern Illinois University - Assessment Writing Service
What is the machine hour absorption rate : The following data relate to one year in department A. Based on the data above, what is the machine hour absorption rate as conventionally calculated
Calculate earnings per share : Crane Corporation had 122,000 common shares outstanding on December 31, 2019. Calculate earnings per share for 2020
What interest was not yet collected of the accounting period : A P50,000, 5%, 90-day note was received from a client fated Nov. 1, 20210. The interest was not yet collected at the end of the accounting period
Can reach the goal of dollar one million when retires : If he could put $1600 into his retirement account such as company 401K every month. Can he reach his goal of $1 million When he retires?
What an entry to record the impairment should : An entity determines that a printing press used in its operations has suffered because of technological changes. An entry to record the impairment should?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Why is it sometimes important to allocate overhead costs

Why is it sometimes important to allocate overhead costs among products, services or some other grouping? Other times the allocations should be disregarded as in this case - why?

  Provide discussion of current trends in changing business

Provide a discussion of the current trends in the changing business environment. The current trends should include a discussion.

  Make a schedule of depreciation expense

Make a schedule of depreciation expense, accumulated depreciation, and book value Per year for the equipment under the three depreciation methods

  Calculate the amount of amani ltd''s share of sajaya ltd

Calculate the amount of Amani Ltd's share of Sajaya Ltd's adjusted profit after adjusting the unrealised profit from selling inventory

  How to calculate the cash flows from investing activities

Rs.15 Lakhs and balance payment was made in cash. It also sold another machinery for Rs. 10 Lakhs. Calculate the cash flows from Investing Activities.

  Find the current market price of company share

Find the current market price of company's share, assuming Do = $1.5, dividend growth rate 5% and required rate 12%. Use the Gordon Model for share value

  Capitalization of interest and depreciation

During 2014, Sparrow Inc. borrowed $88,000 from a local bank. In addition, Sparrow used $120,000 of cash to construct a new corporate office building. Determine the acquisition cost of the new building. The building has an estimated useful life of 20..

  Prepare all necessary journal entries related to dividend

Prepare all necessary journal entries related to the dividend activity. Wall Street Inc. has 12% cumulative non-participating preferred stocks

  What amount should the inventory at december be reduced

What amount should the inventory at December 31, 2005 be reduced? Goods held on consignment by Aparri Company 1,000,000

  Determine the earnings per share on common stock

Determine the earnings per share on common stock, assuming that the income before bond interest and income tax is (a) $348,500, (b) $433,500, and (c) $518,500

  Compute how much interest income should be reported

Compute How much interest income should be reported for 2017? On January 2, 2017, tract of land that originally cost P800,000

  Conversion costs included in work in? process-assembly

?Don’t Cry Over Spilled? Milk, Inc., a manufacturer of? mops, uses the weighted average method in its processing costing system.? Don’t Cry uses a traditional costing system in the allocation of its manufacturing overhead? (MOH) to? production; What ..

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