What is the total cost that would be assigned to eudora

Assignment Help Managerial Accounting
Reference no: EM132803100

Dora Corporation manufactures a propeller. Shown below is Dora's cost structure:

                                                    Variable cost per propeller              Total fixed cost for the year

Manufacturing cost                          P114                                    P810,000

Selling and administrative                 P20                                     P243,000

In its first year of operations, Dora produced 60,000 propellers but only sold 54,000.

Problem 1: What is the total cost that would be assigned to Eudora's finished goods inventory at the end of the first year of operations under the variable costing method?

Reference no: EM132803100

Questions Cloud

Element on the overall balance : Select any one of the elements in part (a) and discuss the effect of too little or too much of this element on the overall balance of other work system elements
What would have been the net operating income : If the fixed manufacturing overhead cost was P1.60 per unit, what would have been the net operating income using absorption costing?
Group align with that organizational design : How does the Steinway Case we discussed in class ( Ch. 5) relate to that model? In other words, how far in the model did the Steinway case get?
What are the characteristics of a leader and a manager : As a healthcare manager, being able to discern the difference between a leader and a manager is critical. In this discussion, you will have the opportunity.
What is the total cost that would be assigned to eudora : What is the total cost that would be assigned to Eudora's finished goods inventory at the end of the first year of operations under the variable costing method?
What is the price of the bond : You find zero-coupon bond with a par value of $10,000 and 17 years to maturity. If yield to maturity on this bond is 4.2 percent, what is the price of the bond
Determine mastery of identified standards : Your summative assessment should be designed to determine mastery of identified standards. Prior to completing the assessment, review the pre-assessment.
What should be the reported carrying amount of note payable : An annuity of 1 in advance at 11% for 8 periods is 5.712. What should be the reported carrying amount of the note payable on December 31, 2016?
What is a professional handshake : Q: 1: What is a professional handshake? Describe the factors that determinethe message which is communicated by handshake.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Compute the unit costs for the month

Compute the unit costs for the month. Determine the costs to be assigned to the units transferred out and in ending work in process.

  What is the safety margin ratio at the given level of sales

What is the break-even point? What is the safety margin ratio at the given level of sales? What is the degree of operating leverage?

  How many units did have to sell in order

If consumers were willing to pay $2.25 to purchase each gallon of fresh drinking water, how many units did she have to sell in order to turn an economic profit?

  How can figure out the direct labour cost per unit

If there are numbers of employees work for producing one product,how can figure out the direct labour cost (variable) per unit?

  Determine the fees earned

Determine the fees earned(revenue) and actual net income or loss for Par-Busters in November. (Hint: You can solve this problem either by considering the cash)

  Complete the flexible budget performance report

Complete the flexible budget performance report that shows both revenue and spending variances and activity variances for the pizzeria for November.

  Demonstrate cost formula that expresses behaviour of yang

Demonstrate the cost formula that expresses the behaviour of Yang's total costs. The relevant range of operations is between 2,500 units and 10,000 units

  Determine what are total equivalent unit for direct material

Determine What are the total equivalent units for direct materials if materials are added at the beginning of the process?

  What importance of management accounting in global economy

What are the importance of management accounting in Global Economy, Domestic Economy, E-Business, Supply Chain and Technology under the COVID 19

  How much lota ltd can afford to pay by way of a premium

Calculate how much Lota Ltd can afford to pay by way of a premium in the first year for a guarantee that the machine will last 11 years.

  Which is an example of padding the budget

Which is an example of padding the budget? Underestimating capital expenditure/ Overestimating direct material costs/ Underestimating labour costs

  Determine the balance of work in progress

The cost of materials transferred into the Bottling Department of Mountain, Determine the balance of Work in Progress - Bottling at the end of the period?

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