What the budgeted amount of fixed costs would be

Assignment Help Managerial Accounting
Reference no: EM132515764

Question 1: Based on a predicted level of production and sales of 20,000 units, a company anticipates total variable costs of $88,000, fixed costs of $32,000, and operating income of $140,800. Based on this information, the budgeted amount of fixed costs for 18,000 units would be:

Multiple Choice

Option 1: $79,200

Option 2: $143,200.

Option 3: $172,800.

Option 4: $32,000.

Option 5: $88,000

Reference no: EM132515764

Questions Cloud

What is the labor efficiency variance for the period : What is the labor efficiency variance (LEV) for the period? A standard budget shows that to produce 6,000 units, 24,000 labor hours are expected at an expected
Significant deviations from the original project plan : Compose a set of recommendations for a future project dealing with similar technical size and scope as Edinburgh Trams.
Compute the expected return : Compute the (a) expected return, (b) standard devia9on, and (c) coefficient of varia9on for investments with the following probability distribu9ons:
Describe things you will do to ensure academic integrity : List three examples of plagiarism and discuss how plagiarizing as a student affects the integrity of a baccalaureate degree, the public perception.
What the budgeted amount of fixed costs would be : $88,000, fixed costs of $32,000, and operating income of $140,800. Based on this information, the budgeted amount of fixed costs for 18,000 units would be
Discuss why entering into a long call spread position : Critically discuss why entering into a long call spread position always has a positive price (or premium) i.e. it costs money to enter into.
Humans and technology interact in all information systems : It is important to understand that humans and technology interact in all information systems.
What is overnight profit-loss if the stock rises : You short 100 $35 strike calls at 68 days until expiration. Under a delta hedge position, what is your overnight profit/loss if the stock rises?
Describe the technology impact on population health : Advances in technology have fed the explosion of wearable devices and patient self-monitoring. How can nurses leverage this technology to promote healthy.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  1 with reference to an example as to which monies received

1. with reference to an example as to which monies received should be deposited and withdrawn from each bank account

  Calculate the amount of material cost

Calculate the amount of material cost, labor cost, and overhead cost in beginning Work in Process inventory.

  Explain how fixed manufacturing costs are treated

Explain how fixed manufacturing costs are treated under variable costing. How are fixed manufacturing costs treated under full costing?

  Statement of ethical professional practice

Suppose, as CEO of the Smart Phone company, that you were close to reaching a sales target for this period but needed to ship as many products as possible

  Identify five effective internal controls in the system

Identify five (5) effective internal controls in the system and determine for each internal control, the risk that the control would/could mitigate

  Calculate expected profit and rate of return on investment

Calculate the expected profit and rate of return on investment for each division and for the company as a whole in the coming year, if Division B purchases its motors from Division A, and sells its entire output to retailers.

  Prepare a budgeted schedule of cost of good manufactured

Prepare a budgeted schedule of cost of good manufactured and sold for the year 2011 and prepare Frame-It's budgeted income statement for 2011.

  Determine the total materials variance

Determine the total materials variance and round to the nearest whole dollar. Enter a favorable variance as a negative number. Enter an unfavorable variance

  Why the cost assigned to each product remains the same

Now combine the setup and packing activities into one cost pool and repeat the assignment using the number of setups as the driver. Explain why the cost assigned to each product remains the same.

  Solve budgeted cash disbursements for november

Solve budgeted cash disbursements for November and December (budgeted total sales for January of the coming year equals $202,000).

  Problem 1on 1 january johnson set up valleyviewplaygyms

problem 1on 1 january johnson set up valleyviewplaygyms company tomanufacture and sell childrens outdoor playgyms. he

  A car dealer acquires a used car

1. A car dealer acquires a used car for $ 14,000, terms FOB shipping point.

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