Harvey & Cork produces photograph frames in batches of 500. The following materials and labour are booked

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

Question:

Harvey & Cork produces photograph frames in batches of 500. The following materials and labour are booked to batch number 30453

A: 100 kg of metal @ €4.50 per kilo

Paint – 2 litres of blue @ €6.80 per litre

Glass – 500 pieces at 30¢ each 22 hours of direct labour at

A grade (charged at €4.80 per hour) 19 hours of direct labour at

B grade (charged at €6.00 per hour)

Prepare a batch costing record to show the prime cost of batch number 30453A. What is the cost per picture frame?

Posted Date: Oct 05, 2021 02:51 AM

See More Questions

QUESTION 3 YORK Co. Ltd and HERT Plc, are two companies in the electronic car manufacturing sector. Both companies are listed on a major stock exchange in Asia. At the last meeting of its board of...
What is the unit cost for Subassembly A, using direct labour hours to assign overhead? Milan Machining Company has identified the following overhead activities, costs, and activity drivers for the...
Consider the following $1,000 par value zero-coupon bonds: Bond Years to Maturity YTM (%) 6.3% A B 7.3 7.8 8.3 OnE: D 1 Bond B C D 2 3 According to the expectations hypothesis, what is the market's...
An individual can deduct for tax purposes the interest expense incurred on the mortgage loan attached to his or her personal residence. Is this statement true? Explain.
Cam and Anna are very satisfied with their first month of operations. Their major effort centered on signing various artists to live performance contracts, and they had more success than they had...
In one form of plethysmograph (a device for measuring volume), a rubber capillary tube with an inside diameter of 1.00 mm is filled with mercury at 20C. The resistance of the mercury is measured with...
We will use the Minitab macro BinoGCP or the R function binogcp to nd the posterior distribution of the binomial probability when the observation distribution of Y is binomial (n , ) and we have a...
Selected transactions for Dianne Burke Company during its first month in business are presented below. Sept. 1 Invested $10,000 cash in the business. 5 Purchased equipment for $12,000 paying $4,000...
4.Indicate, by clicking on the relevant boxes, whether the following statements are true or false in relation to business valuation. The earnings yield method and the dividend growth model should...
GHI Corp. prepares it financial statements in accordance with U.S.GAAP. Its inventory valuation method is LIFO. Assume all purchases and sales are on credit and there are 365 days in one year....
Most managers who commit fraud want to make the income statement look better than it is. less profitable to lower taxes more balanced than it is. more diverse than what it is.
You appreciate how important phones are to your companys operations, but the amount of conversational chatter in your work area has gotten so bad that its hard to concentrate on your work. You...
Why is it important to be conscious of the listening style you are using during any phase of a conversation or presentation?
Now that youve explored routine, positive, negative, and persuasive messages, review the following message scenarios and identify which of the four message strategies would be most appropriate for...
What is a key difference between content management systems and wikis? a. They are different terms for the same tool. b. Content management systems are less formal and less structured than wikis. c....
An advantage of using the direct approach with negative messages is that it a. saves readers time by helping them reach the main idea more quickly. b. eases readers into the message. c. is...
Asset allocation explains a large portion of a portfolio return. However, the implementation issues involved inthe asset allocation process may reduce the efficiency of the asset allocation strategy,...
A random sample of 10 houses heated with natural gas in a particular area, is selected, and the amount of gas (in therms) used during the month of January is determined for each house. The resulting...
Novo Nordisk is a Denmark-based biopharmaceutical company with a focus on diabetes drugs. The company provides detailed disclosure of revenue along geographic, business segment, and product lines....
Use the data in Example 1 on Novo Nordisk to answer the following questions: i. Xiaoping Wu is an equity analyst covering European pharmaceutical companies for his clients in China. Wu projects that...
Walgreens and Rite Aid are two of the largest retail drugstore chains in the United States. For both companies, around two-thirds of their sales are from prescription pharmaceuticals, with the...

Harvey & Cork produces photograph frames in batches of 500. The following materials and labour are booked

Question:

Expert Answer:

Answer Calculation of Prime cost for Batch No 30453 A Material Metal 100 kg x ... View the full answer

Students also viewed these accounting questions