User Account

All Pages

What is the overhead absorption rate

Assignment Help Managerial Accounting
Reference no: EM132788987

Question - Ali Baba ltd uses absorption costing to allocate overheads to its three products X, Y and Z. Overheads are absorbed into the products on machine hour basis. Total production overheads for the period are 7,20,000 pounds. Direct labour cost is 8 pound per hour. The table below gives the data relating to the individual products.

Products

Labour hrs

Machine hrs

Material per unit(Pound)

Volumes

 

X

1

2

10

1500

Y

1.5

3

20

4000

Z

2

3.5

24

6000

Required -

What is the total number of machine hours to produce all the units of three products?

What is the Overhead absorption rate?

What is the total cost for one unit of X?

What is the total cost of one unit of Z?

Reference no: EM132788987

Questions Cloud

Evaluate economic conditions : Evaluate economic conditions that influence company performance. Consider political, environmental, currency (money), global economics
Create organizational culture on the farm : What can farmers do to create organizational culture on the farm?
Dissertation on leadership style in 21 century education : Prepare Dissertation on Leadership style in 21 century education (Qualitative).
How does the sawp program benefit canadian farmers : How does the SAWP program benefit Canadian farmers? How does it benefit the workers who take part in the program?
What is the overhead absorption rate : Ali Baba ltd uses absorption costing to allocate overheads to its three products X, Y and Z. What is the Overhead absorption rate
Which models have you seen implemented in the workforce : Compare and contrast the various change management models. Provide a brief overview of your comparison. Which models have you seen implemented in the workforce?
What other sources of accounting research are available : What other sources of accounting research are available to accountants? Where can you find these? Are there any available at your local library?
Why is global aging not a problem for canada : Why is global aging not a problem for Canada? note this a disussion question so i need more insight
How can an administrator in a health care organization : How can an administrator in a health care organization influence others in the organization to use data legally and ethically? How can an administrator respond.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  How amazon prices compare with rivals prices

How Amazon's prices compare with rivals' prices? What gives Amazon such advantages? What other pricing advantages does Amazon

  What the equivalent units of production for the period

A process with no beginning work in process, What The equivalent units of production for the period for conversion costs were?

  What strategies new businesses use to ensure the break-even

The overall goal is to break-even otherwise is probable they will experience financial failure. What strategies can new businesses use to ensure they break-even

  Perform transaction analysis and indicate the account

Perform transaction analysis and indicate the account, amount, and direction of the effect (+ for increase and - for decrease) on the accounting equation

  Demand for management accounting career options

Could someone give me their opinions on how to boost the demand for more management accounting career options on college grounds?

  Prepare report showing value added costs

Snow Technology manufactures transmissions for snowmobiles. Prepare report showing value added costs, non-value added costs, and the actual cost of purchases!

  Budget variance analysis

Assume that for the second quarter in row, profits are down at Waterfall division. Division Management budgeted $250,000 in profits for the second quarter but actual results were only $197,000 in profits.

  Record warranty expense and record actual repairs

Make the necessary summary journal entries to (a) record warranty expense and (b) record actual repairs.

  Here are the budgets of brandon surgery center for the most

here are the budgets of brandon surgery center for the most recent historical quarter in thousands of dollarsstatic

  That distinguish financial management in firms

Identify the principal factors (at least five), with explanations, that distinguish financial management in firms operating entirely in a single country from those that operate globally.

  Determine and classify the costs as a direct cost

Classify each of the costs as a direct cost or an indirect? cost, assuming that the cost object is the Junior Department? (clothing and accessories for teenage)

  Find the unit product cost of product is closest to

According to the activity-based costing system, the unit product cost of product P5 82 is closest to? H.K. Corporation has provided

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