User Account

All Pages

What is the total cost of job

Assignment Help Accounting Basics
Reference no: EM133039340

Question - Small Manufacturing Company has a standard overhead rate of $42 per hour. The labor rate is $20 per hour. Overhead is applied based on direct labor hours. Jobs B-1 and B-2 were completed during the month of March. Small incurred 140 hours of indirect labor during the month. Job B-1 used 82 direct labor hours and $3650 worth of direct material used. Job B-2 used 70 direct labor hours and $3,500 worth of direct material. What is the total cost of job B-2?

Reference no: EM133039340

Questions Cloud

Prepare an adjusting journal entry on the loss of inventory : Prepare an adjusting journal entry on the loss of inventory costing RM700 detected based on the physical stock inspection on 30 April 2021
Make the statement of changes in equity for this company : The company issued 100,000 shares at $1.50 each during the year. Make the statement of changes in equity for this company
What is the future value : What is the future value of $1,200, placed in a savings account for four years if the account pays 7.00%, compounded Quarterly
Construct the base case projected P-L statement : Past experience indicates the population served will average two visits per year. Construct the base case projected P&L statement on the contract
What is the total cost of job : Question - Small Manufacturing Company has a standard overhead rate of $42 per hour. What is the total cost of job B-2
What is the minimum price that McElroy should charge : Production this quarter is 5,000 modules per week, and all of the modules produced are sold each week. What is the minimum price that McElroy should charge
How should the net income be divided : M. Elston and R. Ogle have partnership capital balances of $40,000 and $80,000, respectively. How should the net income be divided
Prepare the closing entries for the accounts : The trial balance of Luigi Fur Company at its year end of December 31 shows Cash $ 376,560; Prepare the closing entries for the above accounts
How much of the prize should Hal include in his gross income : Hal Gore won a $1.1 million prize for special contributions to environmental research. How much of the prize should Hal include in his gross income

Reviews

Write a Review

Accounting Basics Questions & Answers

  Information is available for both atlas company

At the end of the current year, the following information is available for both Atlas Company and Bryan Company.

  Do you think the firm becomes riskier or less risky

If your chosen company uses its cost of capital for all projects, do you think the firm becomes riskier or less risky? (discuss). Briefly compare and contrast.

  Prepare job order cost sheet by researching and identifying

Prepare a job order cost sheet by researching and identifying the top five ingredients and their estimated costs as your direct materials.

  How much of a loan would this borrower qualify

Given the information above, please determine 1) how much of a loan would this borrower qualify for under each loan program above if the 28/36 rule is applied

  Answer key to unique global imports accounting simulation?

answer key to Unique global imports accounting simulation?

  Current stock price what would be the dividend yield?

Currently Chester is paying a dividend of $16.10 (per share). If this dividend were raised by $3.64, given its current stock price what would be the Dividend Yield?

  The following information is available for flip company

the following information is available for flip company beginning inventory 600 units at 4 first purchase 900 units at

  Compute the asset turnover for Marriott and Hilton

Marriott International Inc. (MAR) and Hilton Wordwide Holdings Inc. (HLT) operate hotels worldwide. Compute the asset turnover for Marriott and Hilton

  What is the amount of depreciation for the first full year

Equipment with a cost of $450,000 has an estimated salvage of $30,000. What is the amount of depreciation for the first full year

  Identifying the critical first stage of developing

Find at least two business research peer-reviewed articles in the University Library. Write a 700- to 1,050-word paper in which you practice identifying the critical first stage of developing any research study:

  Describe how the cost principle applies to plant assets

Question - Describe how the cost principle applies to plant assets and explain the concept of depreciation

  Edgar co acquired 60 of stendall co on january 1 2011

edgar co. acquired 60 of stendall co. on january 1 2011. during 2011 edgar made several sales of inventory to stendall.

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