Calculate the unit product cost for job

Assignment Help Accounting Basics
Reference no: EM132427723

Question - Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $413,400, variable manufacturing overhead of $2.80 per machine-hour, and 53,000 machine-hours. The company has provided the following data concerning Job A496 which was recently completed:

Number of units in the job 10

Total machine-hours 80

Direct materials $820

Direct labor cost $1,640

Calculate the unit product cost for Job A496.

$41.35

$330.80

$30.75

$246.00

Reference no: EM132427723

Questions Cloud

Explain the concept of service-oriented architecture : Explain how a VPN works and provide the potential advantages for organizations that use them.Explain the concept of service-oriented architecture (SOA)
How do you envision your future ministry and calling : Finally, how do you envision your future ministry and calling as it relates to evangelism and multiplication, involvement in church planting as a pastor.
How would you argue for the preservation of the sites : Why is it important to protect these sites? Thinking as a cultural anthropologist, how would you argue for the preservation of these sites?
Multiple of the lowest-paid employee in the company : Do you think this type of proposal is a good idea? Explain what effect the proposal would have on the involved companies.
Calculate the unit product cost for job : The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $413,400, Calculate the unit product cost
What is the phonetic symbol for last sound in neigh : Question: What is the phonetic symbol for the last sound in neigh, long, cow, bleached, and rags?
Compare and contrast the reconstruction policies : Compare and contrast the Reconstruction policies (noting attitudes toward both former slaves and ex- confederates) and the Radical Republicans?
In what way strategy executed in corrective adjustments : What core values would you want to ingrain in your company's culture? Why?In what way strategy executed in Corrective adjustments
What conclusions can you draw about the slave trade : Based on your review of this information, what conclusions can you draw about the slave trade and its effects on your selected country?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much interest is paid each interest period

How much interest is paid each interest period? How much bond interest expense is recorded on the first interest date (after the issue date)?

  What is the best balance sheet for the company

What is the best balance sheet for my company using the current strategy as a context? Are the resources and finances aligned to the firm Strategy

  What is the total annual interest on the current credit card

You currently have a credit card that charges 15.99% interest. You usually carry a balance of $500. You receive an offer for a new credit card with a teaser.

  The lansing community college registrars office is

the lansing community college registrars office is considering replacing some canon copiers with faster copiers

  Calculate the net present value

Calculate the net present value (NPV) and the profitability index (PI) for the two projects. Assume a 10 per cent discount rate

  Prepare an adjusted trial balance for macro company

Preparing an Adjusted Trial Balance Macro Company has the following adjusted accounts and balances at year-end (June 30, 2010).

  Custom truck builders frequently uses long-term lease

custom truck builders frequently uses long-term lease contracts to finance the sale of its trucks. on november 1 2011

  Calculate the returns based on the capm model

Choose two firms from that list and discuss whether the betas are what you would expect. Be sure to explain why or why not. Calculate the returns based on the CAPM model. Be sure to state your assumptions

  Kristen and harrison are equal partners in the kh

kristen and harrison are equal partners in the kh partnership. the partners formed the partnership 5 years ago by

  Compute what is consolidated cost of goods sold

During the current year, Red Inc. sells inventory costing $125,000 to White Co. for $187,500. Compute what is consolidated cost of goods sold?

  What was the average purchase price of common stock held

the following are selected accounts and balances from the records of ganster corporation on june 30 2012. common stock

  Prepare a multiple-step income statement for art center corp

Prepare a multiple-step income statement and comprehensive income statement for Art Center Corp

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