Total Overhead Cost - Management Accounting
Not what you're looking for?
The production manager has provided you with the following information for varying levels of production:
Volume level in direct labor hours Total overhead cost
30,000 $340,000
40,000 400,000
50,000 435,000
60,000 477,000
70,000 ?
80,000 587,000
90,000 636,400
What is the total overhead cost at 70,000 direct labor hours?
a. $479,233
b. $522,667
c. $530,133
d. $532,000
e. $537,600
Purchase this Solution
Solution Summary
The solution total overhead cost when varying levels of production are given. Management accounting for total overhead costs are provided.
Solution Preview
The answer is 'e'
By using high low method we have,
Variable Cost per ...
Purchase this Solution
Free BrainMass Quizzes
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking
Business Ethics Awareness Strategy
This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.
Income Streams
In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.
Balance Sheet
The Fundamental Classified Balance Sheet. What to know to make it easy.