Business Accounting – Question Answers Essay Preview: Business Accounting – Question Answers Report this essay Question 1Vilar Ltd is considering eliminating Model XP from its motorbikes line because of loses over the past quarter. The past three months of information for Model XP are summarised below:Sales (832 units): $254,845Manufacturing costs:Direct materials: $157,006Direct labour: $60,005Overhead: $83,109Overhead costs are 53% variable.
Essay On Actual Direct Materials Cost
Acc 202 Budget Variance Report Submission Essay Preview: Acc 202 Budget Variance Report Submission Report this essay ACC 202: Final Project Part I Budget Variance Report SubmissionXXXSouthern New Hampshire University Operating budgets are necessary because these budgets are used to state the wealth of the organization, as well as help provide analysis of the firm’s working.
Accounting In a job-order costing system, companies can assign the actual direct materials cost and direct labor cost to specific jobs.However, manufacturing overhead costs cannot be assigned to specific jobs on the basis of actual costs incurred.The reason is that manufacturing overhead relates to production operations as a whole, and actual overhead costs are not.