A company assigns overhead cost to completed jobs on the

Assignment Help Financial Accounting
Reference no: EM13370858

A company assigns overhead cost to completed jobs on the basis of 112 percent of direct labor cost. The job cost sheet for Job 413 indicates that $31,500 in direct materials has been used on the job and that $10,000 in direct labor cost has been incurred. A total of 1,550 units were produced in Job 413.

a. What is total manufacturing cost assigned to Job 413?

b. What is unit product cost for Job 413?

Reference no: EM13370858

Questions Cloud

Show an customer level indirect cost incurred at your : show an customer level indirect cost incurred at your current or former place of business being sure to address the
Show a corporate cost allocation that occurs at your : show a corporate cost allocation that occurs at your current or former place of business being sure to address the
Globalization has made cultural values irrelevant as a : globalization has made cultural values irrelevant as a factor influencing multinational business and accounting. state
Patton company purchased 400000 of 10 percent bonds of : patton company purchased 400000 of 10 percent bonds of scott co. on 1st january 2011 paying 376100. the bonds mature
A company assigns overhead cost to completed jobs on the : a company assigns overhead cost to completed jobs on the basis of 112 percent of direct labor cost. the job cost sheet
David jones the new administrator for a surgical clinic was : david jones the new administrator for a surgical clinic was trying to evaluate how to allocate his indirect expenses.
On 2nd january 2013 mize co issued at par 300000 of 9 : on 2nd january 2013 mize co. issued at par 300000 of 9 convertible bnds. each 1000 bond is convertible into 60 shares.
Premier bank and trust is giving alou company a loan before : premier bank and trust is giving alou company a loan. before doing so management decides that added discussions with
Develop a cure for cancer hypothetically speaking of : develop a cure for cancer. hypothetically speaking of course as many tumor biologists may argue that a single cure is

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd