What the expected annual savings in carrying costs

Assignment Help Cost Accounting
Reference no: EM132948922

Question - Assume that a company plans a reduction in work in process levels of 50% and has an annual inventory costs of 20% and a past average cost of work in process of P 75,000. The 50% reduction in work in process levels, what the expected annual savings in carrying costs?

Reference no: EM132948922

Questions Cloud

Which financial analysis of any business would include : Which financial analysis of any business would include all of the EXCEPT for? An analysis of each balance sheet item over the period being analyzed
What is the net present value of a replacement project : What is the net present value of a replacement project whose cash flows are -$964,000; $434,000; $712,000; and $82,000 for years 0 through 3, respectively
How can budgeting for a home child care business work : Budgeting skills can be used in business or personally. How can this budgeting for a home child care business work? Please reference
Calculate calipso weighted average cost of capital : Calipso is making annual interest payments equal to $500,000. Assuming Calipso faces a 19% tax rate, calculate Calipso's weighted average cost of capital
What the expected annual savings in carrying costs : The 50% reduction in work in process levels, what the expected annual savings in carrying costs
What the net income reported by johnny car repair shop : What the net income reported by Johnny's Car Repair Shop for the year was? Johnny's Car Repair Shop started the year with total assets of $60,000
What is the adjustment entry that will be made : What is the adjustment entry that will be made on December 31 of the interest expense accrued up to that date
How would stockholder equity change from the conversion : Kelley Co. has $5,000,000 of 8% convertible bonds outstanding. How would stockholder's equity change from the conversion of the bonds?
Prepare a monthly manufacturing overhead flexible budget : Prepare a monthly manufacturing overhead flexible budget for 2020 for the expected range of activity, using increments of 1,800 direct labor hours

Reviews

Write a Review

Cost Accounting Questions & Answers

  What is the total product cost per unit of X

The management consider using ABC system for more accurate allocation of overhead. What is the total product cost per unit of X under Traditional costing

  What is the cost of units transferred-out

Using the weighted average costing Assuming that the allocation of cost of normal lost units is based on EUP. What is the cost of units transferred-out?

  What will the company have to do differently

What will the company have to do differently? How is the business likely to change? Explain your answer using product-process matrix.

  Find what is the equation of the total mixed cost function

Using the line of best-fit, determine the company's fixed cost per month and the variable cost per unit. What is the equation of the total mixed cost function?

  Presents the comparative balance sheet

Explain briefly how this may happen and if it means that the business would have a negative cash balance

  Compute the equivalent unit of production of conversion cost

Completed and Transferred-out units, 150,000 units (Of the units started in process, ½ represents) Compute the equivalent units of production of conversion cost

  Prepare comparative schedule showing the market value

Cindy, Prepare comparative schedule showing the market value of the $1,000 bond assuming a market rate of 8%, 10%, and 12%.

  Identify the limitations of the internal control system

Provide at least 2 examples of internal control procedures, and explain how these procedures can be implemented.

  Question1 in 2013 justin invested 20000 in a cattle-feeding

question1. in 2013 justin invested 20000 in a cattle-feeding partnership that used nonrecourse notes to purchase 100000

  Calculate the cost transferred from cutting to sewing

Calculate the cost transferred from Cutting to Sewing. Calculate the cost transferred from Sewing to Packaging. Calculate the cost transferred from Packaging to Finished Goods.

  What was the amount of net sales

For the fiscal year, sales were $4,125,800, sales discounts were $380,000, sales returns and allowances were $186,750, and the cost of merchandise sold was $2,475,500.

  Define stores ledge card for item x005

Stores ledge card for item X005 for April 2012 under LIFO method

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