User Account

All Pages

What is the value of the ending inventory

Assignment Help Accounting Basics
Reference no: EM132048847

Question - The following information pertains to H. Higgins Corporation:

Beginning Inventory 2,000 units

Ending Inventory 12,000 units

Direct labor per unit $25

Direct materials per unit 10

Fixed overhead per unit 15

Fixed SG&A costs per unit 7

Variable overhead per unit 5

Variable SG&A costs per unit 3

What is the value of the ending inventory using the variable costing method?

$300,000

$480,000

$600,000

$516,000

Reference no: EM132048847

Questions Cloud

How many equivalent units in process for conversion : Units started during the month 15,000 units, How many equivalent units in process for conversion were there in November using the weighted average method
Decline in business because of competition : A company is experiencing decline in business because of competition. The manager thinks they may be able to turn the company around if they can get help
Post a brief summary of the patient harm case study : Post a brief summary of the patient harm case study you selected (provide the link). Your summary should include a description of the error.
Strengths and weaknesses of the different employment : What are some of the strengths and weaknesses of the different employment tests that are available, give details for three different employment tests.
What is the value of the ending inventory : Beginning Inventory 2,000 units, What is the value of the ending inventory using the variable costing method
What is explicit knowledge and tacit or implicit knowledge : Kindly provide specific examples and explain how each contributes to innovation in a different way.
Determine the unit break-even point : Determine the unit break-even point, assuming fixed costs are $60,000 per period, variable costs are $16.00 per unit
Current foreign exchange rate : You just won the Johto Pokemon lottery and won 120 million pokecoins (Current foreign exchange rate is 1 pokecoin = 1 US dollar).
Walmart is planning to introduce self-scanning robots : Walmart is planning to introduce self-scanning robots. How does this support CRM initiatives? What are the challenges of using this technology?

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