Finished goods inventory is 185000 if overhead applied to

Reference no: EM13586140

1.Finished goods inventory is $185,000. If overhead applied to these goods is $74,000, and the overhead rate is 110% of direct labor, how much direct materials cost was incurred in producing the inventory? $29,600. $43,727. $67,273. $41,727. $81,400.

2. Austin Company uses a job order cost accounting system. The company's executives estimated that direct labor would be $5,200,000 and that factory overhead would be $1,440,000 for the current period. At the end of the period, the records show that there had been 120,000 hours of direct labor and $1,140,000 of actual overhead costs. Using direct labor hours as a base, what was the predetermined overhead allocation rate? $6.78 per direct labor hour. $12.00 per direct labor hour. $7.20 per direct labor hour. $5.70 per direct labor hour. $6.37 per direct labor hour.

3.In cost-volume-profit analysis, the unit contribution margin is: Sales price per unit less cost of goods sold per unit. Sales price per unit less unit fixed cost per unit. Sales price per unit less total variable cost per unit. Sales price per unit less unit total cost per unit. The same as the contribution margin ratio.

4. The ending inventory of finished goods has a total cost of $11,600 and consists of 600 units. If the overhead applied to these goods is $3,850, and the overhead rate is 70% of direct labor, how much direct materials cost was incurred in producing these units?

Reference no: EM13586140

Questions Cloud

A extraction plant uses an applied emf of 30v and a current : a extraction plant uses an applied emf of 3.0v and a current of 310000 a. one tonne of aluminium is extracted after 16

Spacer company has two service departments and two : spacer company has two service departments and two operating departments. budgeted costs and budgeted activity in the

A rock climber of mass 55 kg is hanging suspended from a : a rock climber of mass 55 kg is hanging suspended from a rope tied to another climber ofmass 65 kg on a horizontal

Production records show that 34950 units were in beginning : rivera company has several processing departments. costs charged to the assembly department for november 2014 totaled

Finished goods inventory is 185000 if overhead applied to : 1.finished goods inventory is 185000. if overhead applied to these goods is 74000 and the overhead rate is 110 of

At an altitude of 300 m the field has magnitude 600 nc at : it is found experimentally that the electric field in a certain region of earths atmosphere is directed vertically

On january 1 2010 bartley corp paid 800000 for 100000 : on january 1 2010 bartley corp. paid 800000 for 100000 shares of oak companys common stock which represents 40 of oaks

A plane sinusoidal electromagnetic wave in air has a : a plane sinusoidal electromagnetic wave in air has a wavelength of 3.84 cm and an e-field amplitude of 1.35 vm.a what

Students will be provided with basic information regarding : staffing patterns project 10students will be provided with basic information regarding a fictitious child development

User Account

All Pages