User Account

All Pages

What was the budgeted level of activity

Assignment Help Accounting Basics
Reference no: EM132089181

Question - In a period a company had opening inventory of 31000 units and closing inventory of 34000 units. Profit based on marginal costing were $8,50,500 and on absorption costing $9,55,500. If the budgeted total fixed cost for the company was $18,37,500. What was the budgeted level of activity?

Reference no: EM132089181

Questions Cloud

Explain the costs to complete the recycle process : The Coffman Investment Group wants to invest capital in the recycle industry. We are a for-profit-company. Can a recycled product find a market?
Compute the amount of coaches and carriages net income : Compute the amount of Coaches and Carriages' net income (or loss) for 2013 assuming that no dividends were paid and the owners made no additional contributions.
How much should be recorded as an impairment charge : Assuming Hawkins has determined its investment in Willis Co. stock is other-than-temporarily impaired, how much should be recorded as an impairment charge.
Conduct research to learn more about the problem : Identify and state a problem or issue related to that social institution, and use at least one theoretical perspective to describe the social problem.
What was the budgeted level of activity : In a period a company had opening inventory of 31000 units and closing inventory of 34000 units. What was the budgeted level of activity
Determine a smallnumber externality exists or not : What criteria can be used to determine if a smallnumber externality exists? Why is it undesirable to compensate receptors of external damage in cases.
What type of business product is the truck with crane : The company's accountant depreciated the value of the vehicle over several years. What type of business product is the truck with crane
Prepare a multiple-step income statement : Prepare a multiple-step income statement for Armstrong Co. from the following data for the year ended December 31.
Which of his ideas overlap with modern social exchange : Although Karl Marx is clearly a conflict theorist, he is widely believed to have expounded on some of the first social exchange theories.

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