Reference no: EM132106909
At the beginning of the accounting period, the accountant for Pronghorn Industries estimated that total overhead would be $79,980. Overhead is allocated to jobs on the basis of direct labour cost. Direct labour was budgeted to cost $186,000 this period. During the period, only three jobs were worked on. The following summarizes the direct materials and labour costs for each:
Job # 1231 1232 1233Direct materials $44,600 $69,200 $31,500Direct labour 74,500 82,400 54,200
Job 1231 was finished and sold, job 1232 was finished but is waiting to be sold, and job 1233 is still in process. Actual overhead for the period was $88,673.
(a) Calculate the cost of each job completed. (Round overhead rate to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 5,125.)
|
Costs of the new facilities over the next twenty years
: How much additional revenue will need to be generated to cover the costs of the new facilities over the next twenty years?
|
|
Design a secure enterprise wireless network
: Wireless Networks and Security - Design and implementation of secure enterprise wireless network - Explore the ethical implications in the design and implement
|
|
What was the balance in opeth moh control account
: At the end of 2016, before doing any closing entries, what was the balance in Opeth's MOH control account?
|
|
Fishermen and packers are employed on an hourly
: Sales people mostly deliver the product and are paid on a salaried basis; their salaries are included in administrative and selling expenses.
|
|
Calculate the cost of job completed
: Calculate the cost of each job completed. (Round overhead rate to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 5,125.)
|
|
What is the minimum price that the ayayai managers
: Using only quantitative information, what is the minimum price that the Ayayai's managers should be willing to accept from the foreign firm?
|
|
Operating-running in the short run
: From the following given functions of demand and cost of a firm: Q=500-20P TC=18Q + 6Q² - 0.10Q³. Would you confer if the firm operating/running in the short ru
|
|
What are imports
: If Net exports are -$114 billion and the exports are $857 billion. What are imports? that is, in fact, negative 114 in this illustration.
|
|
Calculate the break-even sales in units
: If fixed costs increase $31,500 with no other cost or revenue factors changing, calculate the break-even sales in units
|