User Account

All Pages

Find the total cost associated with job

Assignment Help Cost Accounting
Reference no: EM132861062

Question - Pigot Corporation uses job costing and has two production departments, M and A. Budgeted manufacturing costs for the year are as follows:

Dept. M Dept. A

Direct materials $700,000 $100,000

Direct labor 200,000 800,000

Factory overhead 600,000 400,000

The actual direct materials and direct labor costs charged to Job. No. 432 during the year were as follows:

Direct materials $25,000

Direct labor:

Department M $8,000

Department A 12,000 20,000

Pigot applies manufacturing overhead to production orders on the basis of direct labor cost using departmental rates predetermined at the beginning of the year based on the annual budget. Find the total cost associated with Job. No. 432 for the year?

Reference no: EM132861062

Questions Cloud

How airline company operate the flight : FAR part 135 It has to be about a small airliner.Basically we choose an airline and write about how they operate their flight based on part 135.
Disasters-mental health and special needs populations : What are some mental health effects for emergency responders during a disaster? How would you include mental health in a disaster response plan?
Explain what enterprise resource planning system is : 1. Explain what Enterprise Resource Planning System is. How can it be used for Blue Dog Inc. accounting and financial management?
How might you address these issues in supervision : how might you address these issues in supervision? Propose several steps in working with your supervisee. What you might say and how might you follow up?
Find the total cost associated with job : Pigot Corporation uses job costing and has two production departments, M and A. Find the total cost associated with Job. No. 432 for the year
Cybersecurity policy review : Explain the role cybersecurity policy plays in securing private organizations, public organizations, government organizations, and the nation's infrastructure.
Explain what business intelligence is : Define Big data, Data mining, Data lakes, Data warehouses, Extract-Transform-Load (ETL), NoSQL databases, and explain how they relate to BI.
External and internal forces of change in industry : Explain the difference between external and internal forces of change in industry. Please provide references.
Changing to team-based arrangement : Some say that changing to a team-based arrangement "just makes sense" for organizations. What are the four primary reasons why this might be so?

Reviews

Write a Review

Cost Accounting Questions & Answers

  How much was spent on capital projects

How much should be added to the annual budget to cover the costs of financing these projects? Provide an explanation of how you made the calculation.

  Journalize the payroll on march 15

Journalize the payroll on March 15, 2012, and the accrual of employer payroll taxes and journalize the payment of the payroll on March 16, 2012.

  Prepare an income statement - skyline flying school

Prepare an income statement and a retained earnings statement for May assuming the data are not included -

  Measuring relevant costs and revenues

Topic of measuring relevant costs and revenues from the student's choice of two from four of the decision making situations outlined

  Preparing government-wide financial statements

Using the information above, prepare the statement of activities and the statement of net assets on a government-wide basis (using full accrual accounting). The beginning fund balance in the government-wide Statement of Net Assets is $2,686,283.

  Standards for tax services apply

Would you recommend Ahi complete this transaction and what potential ethics issues do you see in this situation and which AICPA Code(s) of Professional Conduct rules apply in this situation (explain how and why they apply)?

  Determine packaging expense

Described as a fixed, variable, or mixed cost with respect to product units. Rubber used to manufacture athletic shoes. Packaging expense.

  Explain the negative consequences of budgetary targets

Explain the negative consequences of budgetary targets. What are the primary advantages of using "highly achievable targets" in terms of budgetary expectations?

  What the amount of direct labor cost in the may

What the amount of direct labor cost in the May 30 Work in Process inventory was? During May, $64,000 in raw materials (all direct materials) were drawn

  Calculate the cost of the ending inventory

Calculate the cost of the ending inventory using the FIFO, LIFO, and weighted average cost methods.

  At the starting of the year the total estimated

at the starting of the year the total estimated manufacturing overhead was 186500. at the end of the year actual direct

  Payday loans are very short-term loans

Payday loans are very short-term loans that charge very high interest rates. You can borrow $250 today and repay $300 in two weeks. What is the compounded annual rate implied by this 20 percent rate charged for only two weeks?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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