What is the total cost of manufacturing overhead

Assignment Help Accounting Basics
Reference no: EM132531342

Question - A manufacturing company incurred the following costs:

(1) $15,000 for insurance and property tax on the manufacturing building,

(2) $39,000 for salary to the quality inspectors at the manufacturing plant,

(3) $10,000 for shipping to the customer, and

(4) $32,000 for rent on corporate headquarters building.

Required - What is the total cost of manufacturing overhead that will be included in the cost of goods manufactured?

A) $54,000

B) $64,000

C) $86,000

D) $96,000

Reference no: EM132531342

Questions Cloud

Find what is rollins cost of retained earnings : What is Rollins' cost of retained earnings? What is Rollins' WACC, if the firm has insufficient retained earnings to fund the equity portion?
The case of lambert v barron : What are the most important facts that support Lambert's position that a contract existed? Do you agree with the outcome of the case?
Determine the cost formula that expresses the behaviour : The relevant range of operations is between 2,500 units and 10,000 units of Yin per month. Determine the cost formula that expresses the behaviour
Did the company value the ipo correctly : Was the company able to generate additional value for shareholders via the IPO? What economic and market factors potentially influenced the results of the IPO?
What is the total cost of manufacturing overhead : A manufacturing company incurred the following costs: $10,000 for shipping to the customer, What is the total cost of manufacturing overhead
Calculate the working capital from a lending bank : Calculate The working capital, from a lending bank's perspective, The working capital requirement, from the finance manager's point of view
Determine the conversion cost per equivalent unit : Fedora Inc. uses a weighted-average process costing system and has one production department. Determine the conversion cost per equivalent unit
How prince positions product : EXPLAIN how you would go through each stage of the consumer decision process when deciding which Prince tennis racket to buy for the first time
Find what is this company return on equity : Find What is this company's return on equity, using DuPont formula? Round to two decimal places. A company has sales of $56 million, net income of $19 million

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.

  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!

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