User Account

All Pages

What is the per unit value of this inventory

Assignment Help Accounting Basics
Reference no: EM132560442

Question - Mario Ltd has incurred the following costs in relation to a unit of inventory.

Raw materials N$ 1.50

Import duties N$ 0.40

Direct labour N$ 0.50

Suncontracted labour costs N$ 0.80

Refundable sales tax N$0.20

Storage costs N$0.05

Production O/H per unit N$0.25

Scrapping costs N$0.20

There was a problem with the batch of items produced, so abnormal wastage costs of $0.10 per unit have also been incurred by Mari Ltd.

Required - What is the per unit value of this inventory in Mario's Financial statements?

Reference no: EM132560442

Questions Cloud

Determine what is the total product cost : $7.10 per direct labour hour or $41.50 per welding machine hour. Using the direct labour hour basis of overhead absorption, what is the total product cost?
Find ka for the acid : A 0.192 M weak acid solution has a pH of 4.27. Find Ka for the acid.
Prepare the journal entries for the original purchase : On February 12, Paddison, Inc. purchased 60,000 shares of Spell Company at $42 per share. Prepare the journal entries for the original purchase
Identify each transaction by number : Record the Journalize the business transactions in general journal form. Identify each transaction by number. You may omit explanations of the transaction
What is the per unit value of this inventory : Mario Ltd has incurred the following costs in relation to a unit of inventory. What is the per unit value of this inventory in Mario's Financial statements
Relationship between risk assessment and risk management : Explain how dose-response data are utilized for risk assessment. Discuss the relationship between risk assessment and risk management.
Write net ionic equations for the reaction : For each stage of the test, write net ionic equations for the reaction that produces the precipitate.
What is the current market price of the bond : The bound makes annual coupon payments, The call premium is set at $150 over per value. What is the current market price of the bond
Identify environmental or occupational toxicant : Research and identify an environmental or occupational toxicant that effects either the respiratory, immune, or hepatic system.

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