User Account

All Pages

What is the total manufacturing cost of the job

Assignment Help Managerial Accounting
Reference no: EM133004791

Expected overhead cost in 2018 is $50000

Expected machine hours in 2018 is 800

Job Nr 14 is started and complete in April 2018.

Problem 1: It requires $2000 in direct material cost,$5000 in direct labor cost and 40 machines hours. What is the total manufacturing cost of this job?

Reference no: EM133004791

Questions Cloud

Determine the causes of the variances and hypothesize on : Determine the causes of the variances and hypothesize on what caused the variances. Based on your analysis, recommend actions
How many baby hampers will Micol Co Ltd need to sell : How many baby hampers will Micol & Co. Ltd need to sell (in sales dollars) in order to realize a target profit of $500,000
What the cost of the ending work in process for copley : What the cost of the ending work in process is? Copley uses a weighted-average process-costing system. All materials are added at the beginning
How many puts would the investor need to buy : How many puts would the investor need to buy (rounded to the nearest whole number)? All contracts have a value of $25 per index point
What is the total manufacturing cost of the job : It requires $2000 in direct material cost,$5000 in direct labor cost and 40 machines hours. What is the total manufacturing cost of this job?
What the value of the finished goods inventory is : What the value of the finished goods inventory after proration of $3000 in underallocated overheads is? Using proration based on the allocation overhead amount
Which costs will be used in making the decision to purchase : Are future costs relevant in the decision-making process? Explain and support your thoughts. Which costs will be used in making the decision to purchase asset
How much would GEM Ltd pay : In April, they paid $400 for 3,000 copies. How much would GEM Ltd pay if it made 7,500 copies? (Hint: Need to solve for Fixed cost)
What is the operating profit over september : A company has a normal production level of 400 units per month, Use variable costing, what is the operating profit over September 2019?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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