What is the selling price of the job

Assignment Help Accounting Basics
Reference no: EM132923440

Problem - Copy Center pays an average wage of $12 per hour to employees for printing and copying jobs, and allocates $18 of overhead for each employee hour worked Direct materials are assigned to each job according to actual cost. Jobs are marked up 15% above total manufacturing cost to determine the selling price. If Job M- 47 used $370 of direct materials and took 20 direct hours of labor to complete, what is the selling price of the job?

Reference no: EM132923440

Questions Cloud

Virtual symposium : What are your plans to keep working on and researching your Dissertation topic over the next year?
Corporate reporting and disclosure requirements in business : Corporate reporting and disclosure requirements in Business Combination - Demonstrate an understanding of the role of the Corporations Act
Describe some of specific tactics : Describe some of the specific tactics that resisters could employ to thwart change efforts.
Briefly describe chosen clinical issue of interest : Describe how you developed a PICO(T) question focused on your chosen clinical issue of interest. briefly describe your chosen clinical issue of interest.
What is the selling price of the job : If Job M- 47 used $370 of direct materials and took 20 direct hours of labor to complete, what is the selling price of the job
Change of leadership : How will the change of leadership influence the future direction of an organization?
Discuss a patient of another culture : How can the health care professional communicate in presenting patient education? Consider language, family, cultural differences, and method of communication
The growth and explosion of internet : The growth and explosion of the internet has led to a global market place.
How to make informed decisions on nursing practice : How to make informed decisions on nursing practice and patient outcomes on a global basis.? In addition, state how you will apply what you have learned

Reviews

Write a Review

Accounting Basics Questions & Answers

  Discuss nrv is understated

A company doesn't record estimated bad debt expense, NRV is understated, revenues are understated

  Quantitative methods-multiple regression models

Give an example based on your experience of a situation in which using a multiple regression model or non-linear regression model may have helped you make a better decision.

  The following information was gathered to prepare budgets

a company produces doors. the following information was gathered to prepare budgets for the upcoming year beginning

  Compute the variable and fixed cost elements

Mace Company accumulates the following data concerning a mixed cost, Compute the variable and fixed cost elements using the high-low method

  Kerry corp purchased a used bottling machine from bobs

kerry corp purchased a used bottling machine from bobs bottling inc. on jan 1 2012 for 900000. bob accounted for the

  Discuss what adjustment is needed for ryans investment

When Ryan's new percent ownership is rounded to a whole number, what adjustment is needed for Ryan's investment in Chase account

  How many shares must be issued

If EC can issue common stock at market price of $80 per share, how many shares must be issued so that the company has $141 million after flotation costs to fund

  From an analysis of the change in owners equity during the

andruw company had the following assets and liabilities on the dates indicated.december 31total assetstotal

  Round all computations to the nearest dollar

Calculate depreciation for 2011 and 2012 using each of the three methods listed. Quality calculates partial year depreciation based on the number of months the asset is in service. Round all computations to the nearest dollar.

  Prepare journal entries in the records of chifley ltd to

on 1 july 2009 chifley ltd acquired 2 assets within the same class of plant amp equipment. information on these assets

  What is the noncontrolling interest share of Rockne income

Sales to Doone amounted to $390,000 in 2017 and $490,000 in 2018. What is the noncontrolling interest's share of Rockne's 2018 income

  How does accounting information assist management

How does accounting information assist management in measuring efficiency and effectiveness?

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