Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

problem1: At the beginning of the period, the Assembly Department budgeted direct labor of $110,500 and property taxes of 50,000 dollars for 8,500 hours of production. The department actually completed 10,000 hours of production. Determine the budget for the department, assuming that it uses flexible budgeting. find out the total department cost?

[A]    $110,000

[B]   $130,000

[C]    $180,000

[D]   None of the above

problem2: On Time Publishers Inc. budgeted production of 216,000 schedule planners in 2008. Paper is required to produce a planner. Suppose 90 square feet of paper are required for each planner. The estimated January 1, 2008, paper inventory is 100,000 square feet. The desired December 31, 2008, paper inventory is 160,000 square feet. If paper costs 0.08 per dollar square foot determine the direct materials purchases budget for 2008. Determine the total direct material to be purchased?

[A]    $1,560,000

[B]   $2,240,000

[C]    $1,568,000

[D]   None of the above

problem3: OnTime Publishers Inc. budgeted production of 216,000 schedule planners in 2008. Each planner requires assembly. Assume that fifteen minutes are required to assemble each planner. If assembly labor costs 12.50 dollars per hour, find out the direct labor cost budget for 2008. 

[A]    $600,000

[B]   $675,000

[C]    $725,000

[D]     None of the above

problem4. On Time Publishers Inc. projected sales of 220,000 schedule planners for 2008. The estimated January 1, 2008, inventory is 15,000 units, & the desired December 31, 2008, inventory is 11,000 units. determine the budgeted production (in units) for 2008? find out the total units to be produced?

[A]    235,000

[B]   216,000

[C]    231,000

[D]   None of the above

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M916568

Have any Question? 


Related Questions in Basic Finance

What does the word sustainable mean in sustainable growth

What does the word sustainable mean in "sustainable growth model"? In what ways can the sustainable growth model highlight conflicts between a firm's competing objectives?

Suppose we would like to determine if the typical amount

Suppose we would like to determine if the typical amount spent per customer for dinner at a new restaurant in town is more than $20.00. A sample of 49 customers over a three-week period was randomly selected and the aver ...

Find two variables that you think should be either

Find two variables that you think should be either positively or negatively correlated. Measure these two variables in a sample of participants (for instance, your classmates). Calculate the Pearson correlation coefficie ...

What is meant by break even drivers identify two important

What is meant by break even drivers? identify two important drivers affecting the amount of revenues needed for ventures to break even Explain

1 what is political risk what are the important elements of

1. What is political risk? What are the important elements of political risk? How can companies prepare for political risk? 2. Discuss three of the world's major religions. What are some implications of these religions f ...

Why is the capms assumption that investors can borrow and

Why is the CAPM's assumption that investors can borrow and lend at the risk-free rate questionable? What is meant by the "homogeneous assumption" in the CAPM? What is meant by the law of one price, and what does it imply ...

The potential revenues of all projects are in fact

The potential revenues of all projects are in fact uncertain. The company determines that the revenue for project 1 is following a uniform distribution ranging from $1,200,000 to $2,000,000. The revenue for project 2 is ...

Suppose your company imports computer motherboards from

Suppose your company imports computer motherboards from Singapore. The exchange rate is given in Figure 21.1. You have just placed an order for 30,000 motherboards at a cost to you of 233.5 Singapore dollars each. You wi ...

1 describe the circumstances in which it is acceptable to

1. Describe the circumstances in which it is acceptable to conduct research without obtaining informed consent from human participants. 2. What does IRB stand for, and what is its purpose? 3. Is it acceptable for researc ...

Dealer quotes a rate of 5 on this fra and the end user

Dealer quotes a rate of 5% on this FRA and the end user agrees. The expiration date is in 90 days. The notional amount is $3,000,000. The underlying interest is the 180 LIBOR time deposit. In 90 days the 180-day LIBOR is ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro