User Account

All Pages

What is the variable cost per hour

Assignment Help Accounting Basics
Reference no: EM132974749

Question - Wallace Heating is attempting to estimate its costs of manufacturing heating ducts for the coming year using the high-low method. The cost driver is number of labor hours. Wallace determines that the high and low costs are $27,159 and $19,925, respectively, and the values for the cost driver are 4,229 and 2,730 hours, respectively. What is the variable cost per hour?

Reference no: EM132974749

Questions Cloud

Course in developmental psychology : What piece of advice you would give to your younger self OR your older self after taking a course in developmental psychology? How has this course affected your
Record Solstice entries for recovery of this bad debt : On October 30, P. Moore unexpectedly pays his account in full to Solstice Company. Record Solstice's entries for recovery of this bad debt
What is the balance at the beginning : The interest rate is 19.57%. A down payment of $275 is required as well as a minimum monthly payment of $47. What is the balance at the beginning
What does ROI tell us about each division : Assume the Furniture division had average operating assets totaling $6,500,000 for the year, What does ROI tell us about each division
What is the variable cost per hour : Wallace determines that the high and low costs are $27,159 and $19,925, and the values for the cost driver are 4,229 and 2,730 hours, What is the variable cost
What will be the price of these bonds : ?Pybus, Inc. is considering issuing bonds that will mature in 21 years with an annual coupon rate of 6 percent. What will be the price of these bonds
Explain and justify the required accounting treatment : Explain and justify the required accounting treatment of these issues, preparing calculations where appropriate and showing the presentation requirements
What is the return on the market portfolio : If a stock has a beta of 0.8 and a required rate of return of 9.0 percent, what is the return on the market portfolio
What is the consolidated costs of sales figure : During 2014 CD sold goods which had cost £4.8 million to NM for £7.2million. NM has not yet sold any of these goods. What is the consolidated costs of sales

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