What price should meng quote for a job

Assignment Help Managerial Accounting
Reference no: EM133095676

Question - Meng uses time and materials pricing. Its rate per hour of direct labor is $70. Its materials markup is 30%. What price should Meng quote for a job that will take 80 direct labor hours and use $4.800 of direct materials?

Reference no: EM133095676

Questions Cloud

What is the equipment after-tax net salvage value : The used equipment can be sold today for $5.6 million, and its tax rate is 25%. What is the equipment's after-tax net salvage value
Role of system security : 1. Given the rise in the use of HRIS, there is a growing concern about threats, discuss how vital the role of system security and its policy to an organization.
Survey of the clerical and technical employees : You are the human resource manager at Southwestco, a small manufacturing company. The office clerical and technical employees at Southwestco are not unionized,
How the consumer should adapt financial behaviors : Consumer alert on credit cards whats the advantages and what is the disadvantages, how the consumer should adapt financial behaviors always to not be scammed by
What price should meng quote for a job : Meng uses time and materials pricing. Its rate per hour of direct labor is $70. Its materials markup is 30%. What price should Meng quote for a job
Example of hr strategies : Provide and describe at least 3 example of HR strategies that can be used during a crisis management scenario.
What is the revpar : In preparing the operating statistics from the night of October 16, 2017: $38,350 room income, 306 rooms available, 295 rooms sold, 409 guests, and rack rate of
Compute the price of a share of stock : Compute price of a share of stock that pays a $84 per year dividend and that you expect to be able to sell in one year for $54, assuming you require 97% return
Relationship of stress and organisational behavior : Referring to example(s) discuss workplace stress and its impact? What is the relationship of stress and Organisational Behavior?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  How much manufacturing overhead applied to production

What account should be adjusted for over- or underapplied overhead? Should the balance of the account be increased or decreased?

  How process costing would help the business owners manage

The Learning Journal is a space where you should reflect, How process costing would help the business owners manage their business.

  Working capital-cash conversion cycle

A new computer system allows your firm to more accurately monitor inventory and anticipate future inventory shortfalls. As a result, the firm feels more able to pare down its inventory levels. What effect will the new system have on working capita..

  What the absorption costing unit product cost

Fixed selling and administrative expense $651,200. There were no beginning or ending inventories. What the absorption costing unit product cost

  Which trial balance prepared after adjustments recorded

Which trial balance prepared after adjustments have been recorded is called a(n)? Unclassified balance sheet. / Unadjusted trial balance.

  Find the indirect labor costs

Assume that the product manager of ABC Ltd is concerned about the apparent fluctuations, Find the indirect labor costs associated with 90 machine hours

  What the Nicola required production budget for Quarter

The ending desired ending finished goods balance is 1000 units and the beginning finished goods balance is 700 units. What the Nicola required production budget

  When interpreting a cvp graph which is not correct

When interpreting a CVP graph which is NOT correct? The breakeven point is where the total revenue line meets the fixed cost line.

  Determine the factory overhead tare base on machine hours

Question 1: Determine the factory overhead tare base on machine hours Question 2: Present the entry to apply factory overhead to production in Department 40

  What are the budgeted fixed costs for the year

What are the budgeted fixed costs for the year? The relationship pertains to a year's budgeted activity regarding this service

  Determine the break-even point in sales units for hilton inc

Hilton Inc. sells a product for $49 per unit. The variable cost is $23 per unit, while fixed costs are $137,904. Determine the break-even point in sales units

  What are the general benefits of preparing the budget

How can activity-based management and activity-based costing (ABC) benefit an organization? Specifically, address the points - How does ABC differ from other allocation methods and Describe the main characteristics of ABC.

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