Solution-What total conversion costs for job would be

What total conversion costs for job would be

Assignment Help Managerial Accounting

Reference no: EM132844394

Problem 1: The following data have been recorded for recently completed Job P36 on its job cost sheet. Direct materials cost was $3,000. A total of 500 direct labor-hours and 400 machine-hours were worked on the job. The direct labor wage rate is $11 per labor-hour. The Corporation applies manufacturing overhead on the basis of machine-hours. In addition, estimated overhead costs at the company was $50,000 and estimated number of machine hours was 2,500 at the beginning of the year. Total conversion costs for Job A34 would be:

Option 1: $8,000
Option 2: $8,500
Option 3: $13,500
Option 4: $16,500

Reference no: EM132844394

Questions Cloud

Discuss about the us department of homeland security : In Unit II, you learned about the U.S. Department of Homeland Security (DHS), the Quadrennial Homeland Security Review (QHSR), and, specifically.

Ow much money will need when retires in order to support : ow much money will he need when he retires in order to support his $60,000 annual life style if he will average 12 percent per year on his retirement account?

Calculate Gross Pay to Sally Lee for last week of January : She earns $900 a week for a 40- hour week and time and a half for anything over 40 hours per week. Calculate Gross Pay to Sally Lee for last week of January

What would have been the amount of net income or net loss : The dividends remained the same, what would have been the amount of net income or net loss? If required, use a minus sign to indicate a net loss

What total conversion costs for job would be : What Total conversion costs for Job A34 would be? The Corporation applies manufacturing overhead on the basis of machine-hours.

Summarize the company unethical accounting practices : Summarize the company's unethical accounting practices and the impact on its stock price. One of most common methods to manipulate revenue is through strategy.

How much net income would Hart report : If sales increases to $435,000 next year, how much net income would Hart report assuming the $1.00 per unit increase in direct labor costs

What is the present value if discount rate is four percent : What is the present value if the discount rate is 4 percent? The Chief Financial Officer of a home health agency needs to determine the present value.

What type of formatting would be covered by such a standard : What type of formatting be covered by such standard? Are there instances in which it would be acceptable for an individual to deviate from a corporate standard

User Account

All Pages

What total conversion costs for job would be

Reference no: EM132844394

Reference no: EM132844394

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT