At 40% capacity, overhead cost is 1,450; at 75% capacity, the OH cost is 2,150. How much

Fantastic news! We've Found the answer you've been seeking!

Question:

At 40% capacity, overhead cost is 1,450; at 75% capacity, the OH cost is 2,150. How much is the fixed overhead cost at 90%?

Related Book For answer-question

Cost Accounting Foundations and Evolutions

ISBN: 978-1111626822

8th Edition

Authors: Michael R. Kinney, Cecily A. Raiborn

See More Books

Posted Date: Aug 03, 2023 03:35 AM

See More Questions

A regulation basketball is initially flat and is then inflated to a pressure of approximately 24 lb/in absolute. Consider the air temperature to be constant at 70 F. Find the mass of air required to...
(a) Flopro plc make and sell two products A and B, each of which passes through the same automated production operations. The following estimated information is available for period 1: (i) (ii)...
The following data were taken from the records of Cougar Enterprises, a Canadian manufacturer that uses a normal job-order costing system: During December, the company worked on jobs numbered 70...
International Paper reported the following items for the current year: Sales = $3,500,000; Cost of Goods Sold = $1,250,000; Depreciation Expense = $170,000; Administrative Expenses = $150,000;...
Partial income statements for Murphy & Murphy (M & M) reported the following summarized amounts: After these amounts were reported, M & M's accountant determined that the inventory on December 31,...
Discuss how various chemical substitutions led to the discovery, and subsequent optimization of the properties, of the superconducting materials with the LnFeOAs structure type. Describe the...
A primary difference between the current ratio and the acid-test (quick) ratio is: a. The current ratio takes into account depreciation expense. b. The acid-test ratio is computed using monthly data....
a. Draw a network flow diagram for this problem. b. Create a spreadsheet model for this problem and solve it. c. What is the optimal solution? d. If H&J converted each non-US currency it owns...
On January 1, 2016, Alpha Corporation had 100,000 shares of common stock outstanding. On April 15, the board declared a $0.30 per share dividend to be paid to stockholders of record on May 4. The...
A youth soccer club has contracted with Holiday Helpers, a local travel agency, to broker hotel rooms for out-of-town teams that have entered the club's Labor Day weekend soccer tournament. The...
The outstanding capital stock of Tamarisk Corporation consists of 1,900 shares of $100 par value, 9% preferred, and 5,400 shares of $50 par value common. Assuming that the company has retained...
Pets Co is determining whether to use the direct method or the step method in allocating service department costs to production departments. Costs of the human resources department are allocated...
Crane Manufacturing s sales decreased significantly in 2 0 2 1 due to increased online purchasing. The company s income statement showed the following results from selling 4 1 0 , 0 0 0 units of...
JC Warehouse Corporation has estimated the cash flows of Projects A, B, and C as follows. Year Project Alpha Project Beta Project Delta 0 -$100,000 -$200,000 -$100,000 1 70,000 130,000 75,000 2...
Blue Cross and Blue Shield are, a) Health maintenance organizations (HMO) b) Private insurance companies c) Hospital and medical service plans d) Types of Medicare e) Preferred provider organizations...
A manufacturer reports the information below for three recent years. Variable costing income Beginning finished goods inventory (units) Ending finished goods inventory (units) Year 1 $ 113,000 0...
What ratio would allow you to make the following conclusion: the firm may not be able to pay its long-term debt obligations. Question 22 options: a) Quick ratio b) Current ratio c) ITO Ratio d)...
Consider a game of poker being played with a standard 52-card deck (four suits, each of which has 13 different denominations of cards). At a certain point in the game, six cards have been exposed. Of...
Stephenville Bank & Trust offers two primary financial services: commercial checking and credit cards. The bank also generates some revenue from selling identity fraud insurance as a by-product of...
What variances can be computed for direct material and direct labor when some materials or labor inputs are substitutes for others? What information does each of these variances provide?
Double K Corp. has established a 12 percent target ROI for 2010 for its Jamestown Division. The following data have been gathered for the division's operations for 2010: average total assets,...
1.3 Isaac Dez of Brazil. Isaac Dez Peris lives in Rio de Janeiro, Brazil. While attending school in Spain, he meets Juan Carlos Cordero from Guatemala. Over the summer holiday, Isaac decides to visit...
1.4 Munich to Moscow. For your post-graduation cel- ebratory trip, you decide to travel from Munich, Germany, to Moscow, Russia. You leave Munich with 15,000 euros (EUR) in your wallet. Wanting to...
1.5 Moscow to Tokyo. After spending a week in Moscow, you get an email from your friend in Japan. He can get you a very good deal on a plane ticket and wants you to meet him in Tokyo next week to...

At 40% capacity, overhead cost is 1,450; at 75% capacity, the OH cost is 2,150. How much

Question:

Expert Answer:

To find the fixed overhead cost at 90 capacity we can use a propo... View the full answer

Cost Accounting Foundations and Evolutions

Students also viewed these accounting questions