Homework Answers
Manufacturing cost = $21,235
Mark up = 21% on cost
= 21,235 x 21%
= $4,459
Total price to change = Manufacturing cost + Mark up
= 21,235+4,459
= $25,694
| Manufacturing overhead | + | Markup | = | Total price to change |
| 21,235 | + | 4,459 | = | $25,694 |
Kindly comment if you need further assistance. Thanks‼!
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journalize Wonderama Playgrounds, Inc. manufactures playground equipment for parks and schools. Their business year is the...
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Wonderama Playgrounds, Inc. manufactures playground equipment for parks and schools. Their business year is the calendar year and they use a job-order cost system for inventory and sales. Wonderama Playgrounds, Inc. manufactures all products in a single production department. An individual job-order cost sheet is maintained for each job. The job-order cost sheet contains accumulated costs for each job, including actual direct materials, actual direct labor, and applied factory overhead. Factory overhead is applied to each job based on...
journal entries needed Wonderama Playgrounds, Inc. manufactures playground equipment for parks and schools. Their business year...
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Wonderama Playgrounds, Inc. manufactures playground equipment for parks and schools. Their business year is the calendar year and they use a job-order cost system for inventory and sales. Wonderama Playgrounds, Inc, manufactures all products in a single production department. An individual job-order cost sheet is maintained for each job. The job-order cost sheet contains accumulated costs for each job, including actual direct materials, actual direct labor, and applied factory overhead. Factory overhead is applied to each job...
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1. Calculate the manufacturing cost of Job
302.
2. How much will the City of Northville pay for this
playground equipment?
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journalize
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