Business, 06.05.2020 04:08 nick4524

Fanning Corporation expects to incur indirect overhead costs of $156,600 per month and direct manufacturing costs of $15 per unit. The expected production activity for the first four months of the year are as follows.

January February March April
Estimated production in units 4,700 7,100 4,900 6,500

Required:

a. Calculate a predetermined overhead rate based on the number of units of product expected to be made during the first four months of the year.
b. Allocate overhead costs to each month using the overhead rate computed in Requirement a.
c. Calculate the total cost per unit for each month using the overhead allocated in Requirement b.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 19:30

In business,what would be the input, conversion and output of operating a summer band camp

Answers: 1

Answer

Business, 22.06.2019 12:10

Lambert manufacturing has $100,000 to invest in either project a or project b. the following data are available on these projects (ignore income taxes.): project a project b cost of equipment needed now $100,000 $60,000 working capital investment needed now - $40,000 annual cash operating inflows $40,000 $35,000 salvage value of equipment in 6 years $10,000 - both projects will have a useful life of 6 years and the total cost approach to net present value analysis. at the end of 6 years, the working capital investment will be released for use elsewhere. lambert's required rate of return is 14%. the net present value of project b is:

Answers: 2

Answer

Business, 22.06.2019 13:30

You operate a small advertising agency. you employ two secretaries, a graphic designer, three sales representatives, and an office coordinator. 1. what types of things would you consider when determining how to compensate each position? describe two (2) considerations. 2. what type of compensation plan would you use for each position?

Answers: 1

Answer

Business, 22.06.2019 17:30

Which of the following services will be provided by a full-service broker but not by a discount broker? i. research of potential investment opportunities ii. purchase and sale of stock at your request iii. recommendation of investments a. i and iii b. ii only c. iii only d. i, ii, and ii

Answers: 2

Answer

You know the right answer?

Fanning Corporation expects to incur indirect overhead costs of $156,600 per month and direct manufa...

Questions