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

  What is the plantwide overhead rate based on direct labor

What is the plantwide overhead rate based on direct labor hours

  Discuss the differences between common and preferred stock

Discuss the differences between common and preferred stock. What are the advantages and disadvantages of each to a corporation

  Find what are risk associated with the types of loyalty card

What are the risks associated with these types of loyalty cards? What else can these companies accomplish from this collected data?

  Determine the number of whole units to be accounted

Determine the number of whole units to be accounted for and to be assigned costs for the period

  Determine the dollar amount and effect on the common stock

Determine the dollar amount and effect on the Common Stock at Par, Paid in Excess of Par, Retained Earning, Treasury Stock, Total Stockholders' Equity

  Multiple regression model for the variables

Ticket prices, part 2. Here's a multiple regression model for the variables considered in Exercise 12:7 Dependent variable is: Receipts($M)

  Discuss what would be the profit using absorption costing

Assuming that the fixed overhead absorption rate was Ksh.3 per liter, what would be the profit using absorption costing

  Make adjusting journal entries for each item as of december

Make an adjusting journal entries for each item as of December 31, 2013. The company prepaid $12,000 for a 24-month insurance policy on January 1.

  The cost analysis for decision making project

The Cost Analysis for Decision Making project is intended to be a comprehensive evaluation of the key objectives covered throughout this course. It will challenge you to apply your knowledge of cost information when evaluating the decision to make..

  Potential liability of the rental company

Discuss the potential liability of the rental company, the Dawsons and anyone else you feel may be held accountable for the injuries to the boys.

  Prepare a table showing depreciation

Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation.

  Find What amount will be reported in Beta balance sheet

Beta Company paid $200,000 for 6,000 shares, What amount will be reported in Beta's balance sheet for the investment in Gamma at December 31?

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