What is the cost per unit for job

Assignment Help Accounting Basics
Reference no: EM131975392

Question - Wilson Company has a predetermined overhead rate of $5 per direct labor hour. The job-order cost sheet for Job 145 shows 500 direct labor hours costing $10,000 and materials requisitions totaling $17,500. Job 145 had 1,000 units completed and transferred to Finished Goods. What is the cost per unit for Job 145?

a. $20

b. $17.50

c. $25

d. $30

e. $22,500

Reference no: EM131975392

Questions Cloud

What would total costs have been on the master budget : After selling 4330 units during the period. Dole Corp prepared a flexible budget that included $16454. What would total costs have been on the master budget?
What was the company inventory period : Cloche's Hats had sales for the year of $666,100 and cost of goods sold equal to 68 percent of sales. What was the company's inventory period
What is the net present value of more attractive generator : A firm that purchases electricity from a local utility is considering installing a steam generator. A large generator costs $300,000 whereas a small generator.
Nasonex in dollars in the united states : The Dollar/Euro Exchange Rate is 1.1. According to PPP what should be the price of Nasonex in Dollars in the United States?
What is the cost per unit for job : Wilson Company has a predetermined overhead rate of $5 per direct labor hour. What is the cost per unit for Job 145
What is the depreciation tax shield for the project : Your firm needs a machine which costs $180,000, and requires $39,000 in maintenance for each year of its 5 year life. After 5 years, this machine will be.
How much to pay in self-employment taxes : What are self-employment taxes? If you start a sole proprietorship, how would you determine how much to pay in self-employment taxes?
What is the arbitrage free future exchange rate : What is the arbitrage free future exchange rate between the euro and the U.S. dollar for two years in the future in euros per dollar?
What effective annual interest rate does the firm earn : What effective annual interest rate does the firm earn if the discount period is increased to 25 days? (Do not round intermediate calculations).

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the amount of gain or loss on transaction

Depreciation has been taken up to the end of the year. The company found a company that is willing to buy the equipment for $30,000. What is the amount of the gain or loss on this transaction?

  The sweetwater candy company would like to buy a new

the sweetwater candy company would like to buy a new machine that would automatically dip chocolates. the dipping

  Compute the depreciation expense under units-of-activity

Compute the depreciation expense under units-of-activity for 2019, assuming machine usage was 1,700 hours

  The company issuing stocks is doing it for a reason to

the company issuing stocks is doing it for a reason to raise capital an organization must choose the capital mix that

  Super bakery inc created in1990 by former pittsburgh

super bakery inc. created in1990 by former pittsburgh steelers running back franco harris is a nationwide supplier of

  The most likely reason for allocating all corporate costs

the most likely reason for allocating all corporate costs to divisions include that divisions receive benefits from all

  Record the entries required to adjust and correct accounts

Machinery at the end of the year shows a balance of $19,960. It is discovered that additions to this account during the year totaled $4,460, but of this amount, $760 should have been recorded as repairs. Depreciation is to be recorded at 10% on machi..

  Proposal for a disertation relating to ifrs

Do you have accounting experts who can do a 3500 words research proposal for a Disertation relating to IFRS ?

  Your younger sister jennifer will start collegein

your younger sister jennifer will start collegein fiveyears. she has just informed your parents that she wants to go

  Compute cost per gallon of liquid cleaner produced in june

The green plant produced 850,000 gallons in June. Compute the cost per gallon of liquid cleaner produced in June

  Authorized stock of a corporation

The authorized stock of a corporation: a. only reflects the initial capital needs of the company. b. is indicated in its by-laws. c. must be recorded in a formal accounting entry. d. is indicated in its charter.

  In preparing an adjusting entry for depreciation an

in preparing an adjusting entry for depreciation an accountant debited depreciation expense and credited accumulated

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