Homework Answers
Answer: $164,000
Explanation
Direct labor cost = Total manufacturing costs - manufacturing overhead - Direct materials
= $ 270,000 - 47,000 -19,000
= $ 164,000
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Question 11 Sheffield Corp. reported total manufacturing costs of $270000, manufacturing overhead totaling $47000, and direct...
Question 9 Sheridan Company reported total manufacturing costs of $350000, manufacturing overhead totaling $98000, and direct...
Question 9 Sheridan Company reported total manufacturing costs of $350000, manufacturing overhead totaling $98000, and direct materials totaling $116000. How much is direct labor cost? O $234000. O Can not be determined from the information provided. 0 $564000. 0 $136000.
Bonita Industries reported total manufacturing costs of $650000, manufacturing overhead totaling $88000, and direct materials totaling...
Bonita Industries reported total manufacturing costs of $650000, manufacturing overhead totaling $88000, and direct materials totaling $106000. How much is direct labor cost? $544000. $456000. $844000. Can not be determined from the information provided.
Roprin Co. reported total manufacturing costs of $130,000, manufacturing overhead totaling $26,000, and direct materials totaling...
Roprin Co. reported total manufacturing costs of $130,000, manufacturing overhead totaling $26,000, and direct materials totaling $32,000. How much is direct labor costs?
+ Time: 09:03 PM / Remaining: 52 min. Question 9 Sheffield Corp. has determined the following...
+ Time: 09:03 PM / Remaining: 52 min. Question 9 Sheffield Corp. has determined the following per unit amounts: Direct materials $43 Fixed selling and administrative Direct labor 51 Variable overhead Desired ROI 47 Variable selling and administrative Fixed overhead 45 $60 22 (Round markup to 3 decimal places, e.g. 15.275.) The target selling price using the variable-cost approach is e $401.18 $297.00 © $303.00 $301.95 Click if you would like to Show Work for this question: Open Show Work...
Question 7 Vaughn Manufacturing reported the following year-end information: $1080000 300000 900000 Beginning work in process...
Question 7 Vaughn Manufacturing reported the following year-end information: $1080000 300000 900000 Beginning work in process inventory Beginning raw materials inventory Ending work in process inventory Ending raw materials inventory Raw materials purchased Direct labor Manufacturing overhead 480000 9200000 820000 790000 Vaughn Manufacturing's cost of goods manufactured for the year is 0 $10450000. O $10990000. O $10810000. 0 $10630000. Question 8 Concord Corporation's accounting records reflect the following inventories: Raw materials inventory Work in process inventory Finished goods inventory Dec....
Practice Question 10 A primary driver of overhead costs in continuous manufacturing operations is machine hours....
Practice Question 10 A primary driver of overhead costs in continuous manufacturing operations is machine hours. O direct labor hours. O direct labor costs. e number of units. Click if you would like to Show Work for this question: Open Show Work
Multiple Choice Question 81 A company expected its annual overhead costs to be $1400000 and direct...
Multiple Choice Question 81 A company expected its annual overhead costs to be $1400000 and direct labor costs to be $1000000. Actual overhead was $1350000, and actual labor costs totaled $1100000. How much is the company's predetermined overhead rate to the nearest cent? O $1.35 $1.27 O $1.23 $1.40 Click if you would like to Show Work for this question: Open Show Work
Sheffield Corp. reported net income of $58.750 Depreciation expense for the year was $127.500. The company...
Sheffield Corp. reported net income of $58.750 Depreciation expense for the year was $127.500. The company cales depreciation expense in the w ine method, with a we of 10 years. Top management would like to Osnoring the user would increment income and responded by operates Provide a comparative analysis showing net income and net cash provided by operating activities going other accrual adjustments) using a 1year and a 15-year f l ore income taxes.) Net cash provided by operating activities...
Multiple Choice Question 46 Reynoso Corporation manufactures titanium and aluminum tennis racquets. Reynoso's total overhead costs...
Multiple Choice Question 46 Reynoso Corporation manufactures titanium and aluminum tennis racquets. Reynoso's total overhead costs consist of assembly costs and inspection costs. The following information is available: Cost Assembly Inspections Titanium 500 mach. hours 350 2100 labor hours Aluminum 500 mach. hours 150 1900 labor hours Total Cost $39000 $94000 Reynoso is considering switching from one overhead rate based on labor hours to activity-based costing. Using activity-based costing, how much inspections cost is assigned to titanium racquets? $47000. $41350....
Sheffield Corp. reported the following year-end information: Beginning work in process $56000 inventory Beginning raw materials...
Sheffield Corp. reported the following year-end information: Beginning work in process $56000 inventory Beginning raw materials 33000 inventory Ending work in process inventory 54000 Ending raw materials inventory 17000 Raw materials purchased 850000 Direct labor 440000 Manufacturing overhead 100000 How much is Sheffield's cost of goods manufactured for the year? $866000 $1408000 $1404000 $1406000 O O Crane Company reported the following year-end information: Beginning work in process $32000 inventory Beginning raw materials inventory 14000 Ending work in process inventory 34000...
Question 9 Sheridan Company reported total manufacturing costs of $350000, manufacturing overhead totaling $98000, and direct materials totaling $116000. How much is direct labor cost? O $234000. O Can not be determined from the information provided. 0 $564000. 0 $136000.
Bonita Industries reported total manufacturing costs of $650000, manufacturing overhead totaling $88000, and direct materials totaling $106000. How much is direct labor cost? $544000. $456000. $844000. Can not be determined from the information provided.
+ Time: 09:03 PM / Remaining: 52 min. Question 9 Sheffield Corp. has determined the following per unit amounts: Direct materials $43 Fixed selling and administrative Direct labor 51 Variable overhead Desired ROI 47 Variable selling and administrative Fixed overhead 45 $60 22 (Round markup to 3 decimal places, e.g. 15.275.) The target selling price using the variable-cost approach is e $401.18 $297.00 © $303.00 $301.95 Click if you would like to Show Work for this question: Open Show Work...
Question 7 Vaughn Manufacturing reported the following year-end information: $1080000 300000 900000 Beginning work in process inventory Beginning raw materials inventory Ending work in process inventory Ending raw materials inventory Raw materials purchased Direct labor Manufacturing overhead 480000 9200000 820000 790000 Vaughn Manufacturing's cost of goods manufactured for the year is 0 $10450000. O $10990000. O $10810000. 0 $10630000. Question 8 Concord Corporation's accounting records reflect the following inventories: Raw materials inventory Work in process inventory Finished goods inventory Dec....
Practice Question 10 A primary driver of overhead costs in continuous manufacturing operations is machine hours. O direct labor hours. O direct labor costs. e number of units. Click if you would like to Show Work for this question: Open Show Work
Multiple Choice Question 81 A company expected its annual overhead costs to be $1400000 and direct labor costs to be $1000000. Actual overhead was $1350000, and actual labor costs totaled $1100000. How much is the company's predetermined overhead rate to the nearest cent? O $1.35 $1.27 O $1.23 $1.40 Click if you would like to Show Work for this question: Open Show Work
Sheffield Corp. reported net income of $58.750 Depreciation expense for the year was $127.500. The company cales depreciation expense in the w ine method, with a we of 10 years. Top management would like to Osnoring the user would increment income and responded by operates Provide a comparative analysis showing net income and net cash provided by operating activities going other accrual adjustments) using a 1year and a 15-year f l ore income taxes.) Net cash provided by operating activities...
Multiple Choice Question 46 Reynoso Corporation manufactures titanium and aluminum tennis racquets. Reynoso's total overhead costs consist of assembly costs and inspection costs. The following information is available: Cost Assembly Inspections Titanium 500 mach. hours 350 2100 labor hours Aluminum 500 mach. hours 150 1900 labor hours Total Cost $39000 $94000 Reynoso is considering switching from one overhead rate based on labor hours to activity-based costing. Using activity-based costing, how much inspections cost is assigned to titanium racquets? $47000. $41350....
Sheffield Corp. reported the following year-end information: Beginning work in process $56000 inventory Beginning raw materials 33000 inventory Ending work in process inventory 54000 Ending raw materials inventory 17000 Raw materials purchased 850000 Direct labor 440000 Manufacturing overhead 100000 How much is Sheffield's cost of goods manufactured for the year? $866000 $1408000 $1404000 $1406000 O O Crane Company reported the following year-end information: Beginning work in process $32000 inventory Beginning raw materials inventory 14000 Ending work in process inventory 34000...
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