Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

LS means Lump Sum 6. Based on the provided information, calculate the on the provided information, calculate the vearly cost of each company Overead item,

image text in transcribed
LS means Lump Sum
6. Based on the provided information, calculate the on the provided information, calculate the vearly cost of each company Overead item, calculate the total company overhead costs, calculate the tota revenue, and calculate the percentage of company overhead in terms of revenue. ITEM # DESCRIPTION QUANTITY UNIT MEASURE UNIT PRICE TOTAL PRICE Expenses 1 per year 1 LS 1 LS 1,519.00 1,000.00 5,000.00 6,000.00 3,000.00 1.500.00 1,200.00 1 LS 1 LS 1 LS Office Expenses: Utilities Furniture Printer/Copier Plotter Office Supplies (Paper, ink, pens, etc.) Janitorial Supplies Coffee/Snacks Mailing & Postage Fees Entertainment: NC State Football Box Seats Company Luncheons Seminars Construction Advancement Technology Leadership Development New Hire Training Staffing Company President Company VP Senior Project Manager Environmental Impact Analyst Accountant Marketing Manager 1 LS 12 per year $ $ 7.500.00 50.00 $ 2 per year 1 per year 2 per year 250.00 150.00 220.00 40% 1 year 1 year 1 year 1 year 1 year 1 year $ 185,000.00 170,000.00 $ 96,500.00 55,000.00 65,000.00 59,000.00 TOTAL EXPENS $ Revenue Average Number of Jobs Average Revenue 15 per year $ 450,000.00 per job TOTAL REVENUE COOH COOH (%) of Total Revenue

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Using QuickBooks Online For Accounting 2022

Authors: Glenn Owen

5th Edition

0357516532, 9780357516539

More Books

Students also viewed these Accounting questions