What are the indirect annual costs for condensing systems?

Q: How much was the production cost per unit (cost per crate) of finished product?

A:

Q: How does the variable cost per unit change as the level of activity (or cost driver) increases? Why?

A: A variable cost changes is directly proportional to the change in the level of activity or cost…

Q: What are life-cycle costs? How do these costs relate to the production life cycle?

A: Life cycle cost is the summation of all costs related to a product, structure, system, or service…

Q: What is the variable manufacturing overhead rate variance?

A: Variable Manufacturing Rate Variance = php300 (Favourable) Refer step 2 for explanation

Q: What risks exist in a production conversion cycle?

A: The following are some of the risks that exists in the conversion cycle:   Authorization of…

Q: Department Z's cost per equivalent unit of production for materials using the FIFO method would be…

A: Equivalent Units- Direct Materials = 20,000 Units Equivalent Units- Conversion costs = 20,200 Units

Q: The estimated purchases of raw materials would be

A: Raw materials are those materials which are used directly for the production and manufacturing of…

Q: What is the direct labor rate variance

A: Solution: Direct labor rate variance is computed as = (SR - AR) *AH Where SR = Standard rate AR =…

Q: Jsing annual cost method, what is the total annual cost of machine C?

A: We need to compute cost incurred per year on machine C

Q: Cost price of existing machine

A: Cost of existing machine = (Depreciation per annum (SLM) * Useful life of machine) + Salvage Value

Q: What is the relationship between total carrying cost and totalordering cost at the EOQ?

A: It indicates an inverse relationship between the cost of ordering and the cost of holding at…

Q: How do you find the variable cost per unit produced and sold ?

A: First step in computing the variable cost of unit produce and sold is to analyse the nature of…

Q: Can you please explain what we mean by "Short-run" and "long-run" for decision-making in cost…

A: The executive management team of a corporation uses cost accounting to determine all variable and…

Q: The cost of electricity to power plant equipment * Product Cost O Period Cost

A: Product cost is directly related to the manufacturing cost and included in the product cost. Period…

Q: What is the variable cost per unit produced?

A: Variable costs are those costs which changes directly with change in level of activity. For example,…

Q: What are the two approaches that can be used to adjust for flotation costs?

A: The cost which is arises while issue new stock or shares in the market is commonly known as floating…

Q: Ising annual cost method, what is the total annual cost of machine C?

A: Total annual cost would be sum of expenses incurred during a year.

Q: What are the justifications for using practical capacity as the denominator volume when…

A: Fixed cost volume variance: The fixed cost volume variance is the difference between the budgeted…

Q: what is the Total factory overhead cost variance?

A: Cost variance is the variance which is measured by the company so that the decision and it can be…

Q: How are spoiled units accounted for in Process Costing?

A: Spoiled Units refers to the units which does not meet the required standards for quality and utility…

Q: What are the two types of manufacturing overhead? How do they affect the manufacturing overhead…

A: Manufacturing Expenses or Overhead are the indirect type of costs that a business incurs. These…

Q: What are the steps in developing a budgeted fixed overhead rate?

A:

Q: Plant property taxes are an example of a cost that would be considered to be: O a. Batch-related. O…

A: Organisation related costs are those costs which are incurred for the entire organisation as a…

Q: how to solve plantwide overhead rate versus departmental rates, effects on pricing decisions?

A: Since there are multiple sub parts in the question, calculation will be given for first three sub…

Q: hat is the approximate internal rate of return of the equipment

A: We can compute internal rate of return with the help of incremental cash flows and IRR function in…

Q: The summation of all costs related to a product, structure, system, or service during its life span…

A: Hello, I am only answering first question as per the policy and if you want other to be answered…

Q: The cost of heating the plant Product Cost O Period Cost

A: Period cost are those cost which don't change with change in production . Genrally these cost are…

Q: What effect does an increase in volume have on—a. Unit fixed costs?

A: Fixed costs are those costs of business which remain fixed in total irrespective of change in volume…

Q: The manufacturing cycle efficiency is:

A: Calculations are as follows

Q: How does time and motion study works? How could this method or process quantify the labor standard…

A: Cost accounting: Cost accounting is the process of classifying, recording, analyzing and…

Q: What is meant by the incremental cost of refinancing?

A: Refinancing refers to making change in the capital structure of the company by replacing the…

Q: What was the total amount of the period costs for the period?

A: The period costs include the costs that do not relates to the production, directly or indirectly.…

Q: How do current cost management techniques vary from earlier ones in terms of life cycle costing and…

A: Life cycle cost which traces the costs and revenues over a period of life of product.  Life cycle…

Q: How is conversion costs per equivalent unit calculated?

A: The cost per unit is calculated as total cost divided by number of units.

Q: In detail discuss what are  the advantages and disadvantages of using FIFO for process costing. In…

A: First-in First-out(FIFO) method under process costing is based on the assumption that at the…

Q: Annual equivalent cost (AEC),

A: The Annual Equivalent Cost (AEC) is the annual cost of acquiring an asset over its entire life. The…

Q: What are the benefits of preparing a production and direct materials budget?

A: The estimated financial statement being at the beginning of the accounting year based upon past…

Q: What are conversion costs? Why do some companies using process costing systems use conversion costs?

A:

Q: When is depreciation a product cost? When is depreciation a period cost Please Explain both briefly

A: 1. Depreciation Expenses - Depreciation Expenses are the expense incurred on the wear and tear of…

Q: compute the cost per equivalent unit

A: Units completed = 3000 units  Normal Spoilage = 700 units  Ending inventory (100% Direct Material) =…

Q: to calculate the expected total landed cost and the expected unit landed cost.

A: 1 Pound Sterling = 1.77 Canadian Dollars Customs Tariff for British made men's pajamas = 17% ("NOT…

Q: What types of products would most likely be manufactured using the process cost system?

A: A process costing system is useful when in a manufacturing unit, large batches are produced. Many…

Q: Monthly budgeted fixed overhead cost?

A: Formula: Monthly fixed overhead rate per hour = Predetermined overhead rate x Fixed overhead %

Q: What is a target cost per unit?

A: The target cost per unit refers to the cost that is to be estimated that the customers are willing…