What is the total amount

Assignment Help Accounting Basics
Reference no: EM13944763

A company manufactures wooden swing sets which are sold partially assembled. The following costs were incurred related to the production of 1,400 swings:

Boards (180 feet per swing)                $504,000

Nuts, bolts and washers                       2,500

Wood stain                                        1,500

Chain for swings (40 feet per set)       56,000

Plastic swing seats (two per set)         5,600

What is the total amount which should be included in manufacturing overhead for the month?

a. $569,600 

b. $65,600 

c. $9,600

d. $4,000

Reference no: EM13944763

Questions Cloud

Explain the idea of a context as it relates to hci design. : Describe the Norman Cycle and apply it to a typical scenario of usage for a librarian using an electronic library catalogue.
How much must be deposited now : If the parent decides instead to deposit a lump sum now in order to attain the goal of $250,000 in 13 years, how much must be deposited now?Amount = __________________________(dollars)
What are the attributes of this god : What indications are there in the poem that Akhenaton believed in 1 universal god? What are the attributes of this god?
What is chineasy : What is Chineasy? China is home to ancient traditions, breathtaking artwork, and what is currently one of the world's strongest economies.
What is the total amount : A company manufactures wooden swing sets which are sold partially assembled. The following costs were incurred related to the production of 1,400 swings: What is the total amount which should be included in manufacturing overhead for the month
Analysis examining cholesterol : Choose the appropriate statistical procedure: an analysis examining how cholesterol (mg/dL) varies with weight (lbs), annual income ($), and height (inches).
Implement a simple library management system : Your task is to implement a simple "Library Management System (LMS)" outlined below. The solution should be developed following a supplied UML class diagram.
Develop a detailed case proposal for description of network : For the equipment price list, make up the price list based on fair market value for each peice of equipment. Do the same for the labor costs.
What amount would be recorded as depreciation expense : A company purchased factory equipment on April 1, 2005, for $48,000. It is estimated that the equipment will have a $3,000 salvage value at the end of its 10-year useful life. what amount would be recorded as depreciation expense at December 31, 20..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Recast the income statements

If the East territory is discontinued, one sales manager (whose salary is $40,000 per year and is part of the fixed costs) will be relocated to the West territory. By how much would Green's income change if the East territory is eliminated? Recast..

  On october 15 2011 john purchased and placed in service a

on october 15 2011 john purchased and placed in service a used car. the purchase price was 25000. this was the only

  A review of the balance sheet of a retailer such as

a review of the balance sheet of a retailer such as wal-mart will disclose that in current assets the majority

  A company expects its three departments to yield the

a company expects its three departments to yield the following income for next year.dept. adept. bdept.

  From the first and second e-activities analyze the key ways

from the first and second e-activities analyze the key ways in which intel and microsoft capitalized on and reaped

  A firm has a retention ratio of 40 percent and a

a firm has a retention ratio of 40 percent and a sustainable growth rate of 7.60 percent. the capital intensity ratio

  Fasb and asc guidelines

In the case of a privately held company, what should be the focus of management, to meet all the reporting guidelines set by the FASB ASC, or to maximize the profits of the company?

  George is supplementing his income in 2014 by building and

george is supplementing his income in 2014 by building and selling 20000 ant hills. he ended 2013 with 2000 completed

  When there is a balance of under or over applied overhead

when there is a balance of under or over applied overhead there are two acceptable methods for closing out this

  Conan company has total fixed costs of 119000 its product

conan company has total fixed costs of 119000. its product sells for 59 per unit and variable costs amount to 45 per

  Andersen accounting company for an audit

In September 2013, Painter Wax Corporation began operations in a state that requires new employers of one or more individuals to pay a state unemployment tax of 4.1% of the first $7,000 of wages paid each employee.

  Determining current and long-term liability

What portion of the $320,000 should be shown as a current and long-term liability, respectively, in Beyer's December 31, 2010 balance sheet?

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd