Homework Answers
Answer is d. Production processes are becoming more
efficient.
Since labor cost per unit is decreasing as labor hours used per
unit decreases
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the following data were complied from job cost sheets for
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w.com/ EASY Direct Labor...
As of the end of June, the job cost sheets at Racing Wheels, Inc.
As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs. Job 102 was started in production in May and the following costs were assigned to it in May: direct materials, $9,000; direct labor, $3,700; and overhead, $1,184. Jobs 103 and 104 were started in June. Overhead cost is applied with a predetermined rate based on direct labor cost. Jobs 102 and 103 were finished in June, and Job 104...
As of the end of June, the job cost sheets at Racing Wheels, Inc., show the...
As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs. Job 102 Job 103 Job 104 Direct materials $ 31,000 $ 56,000 $ 57,000 Direct labor 19,000 25,300 43,000 Overhead applied 7,410 9,867 16,770 Job 102 was started in production in May and the following costs were assigned to it in May: direct materials, $14,000; direct labor, $3,500; and overhead, $1,365. Jobs 103 and 104 were...
As of the end of June, the job cost sheets at Racing Wheels, Inc., show the...
As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs. JOD 102 922,000 Diegt materials Direct labor Overhead applied JOB 103 $71,000 27.300 10.920 JOD 104 $55,000 41.000 16.400 Job 102 was started in production in May and the following costs were assigned to it in May: direct materials, $11.000; direct labor, $3,900; and overhead, $1,560. Jobs 103 and 104 were started in June. Overhead cost...
As of the end of June, the job cost sheets at Racing Wheels, Inc., show the...
As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs Job 102 Sob 103 Job 104 Direct materials $15,000 $33,000 $27,000 Direct labor 8.000 14,200 21,000 Overhead 4,000 7,100 10,500 Job 102 was started in production in May and the following costs were assigned to it in May: direct materials. $6.000; direct labor, $1,800, and overhead, 5900. Jobs 103 and 104 are started in June Overhead...
1) As of the end of June, the job cost sheets at Flight Trailers, Inc., show...
1) As of the end of June, the job cost sheets at Flight Trailers, Inc., show the following total costs accumulated on three custom jobs. Job 202 Job 203 Job 204 Direct materials $ 25,000 $ 59,000 $ 56,000 Direct labor 14,000 26,700 40,000 Overhead 7,000 13,350 20,000 Job 202 was started in production in May and the following costs were assigned to it in May: Direct materials, $13,000; direct labor, $3,600; and overhead, $1,800. Jobs 203 and 204 are...
As of the end of June, the job cost sheets at Racing Wheels, Inc., show the...
As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs ts Direct materials Direct labor Overhead applied Job 102 $18,000 14,000 6,020 Job 103 $51,000 26,200 11, 266 Job 104 $64,000 43,090 18,490 Job 102 was started in production in May, and the following costs were assigned to it in May: direct materials, $14,000; direct labor, $4,000; and overhead, $1,720. Jobs 103 and 104 were started...
As of the end of June, the job cost sheets at Racing Wheels, Inc., show the...
As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs. Job 102 Job 103 Job 104 Direct materials $ 43,000 $ 65,000 $ 52,000 Direct labor 17,000 29,600 46,000 Overhead applied 7,480 13,024 20,240 Job 102 was started in production in May and the following costs were assigned to it in May: direct materials, $11,000; direct labor, $3,900; and overhead, $1,716. Jobs 103 and 104 were...
Che As of the end of June, the job cost sheets at Racing Wheels, Inc., show...
Che As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs. Job 102 Job 103 Job 104 Direct materials $56,000 $38,000 13,000 5, 200 $58,000 41,000 16,400 Direct labor 25,600 10,240 Overhead applied Job 102 was started in production in May and the following costs were assigned to it in May: direct materials, $12,000; direct labor, $3,300; and overhead, $1,320. Jobs 103 and 104 were started...
As of the end of June, the job cost sheets at Racing Wheels, Inc. show the...
As of the end of June, the job cost sheets at Racing Wheels, Inc. show the following total costs accumulated on three custom jobs. Direct materials Direct labor Overhead applied Job 102 $18,000 14,000 6,580 Job 103 $55,000 27,000 12,690 Job 184 $48,888 42,000 19,740 Job 102 was started in production in May and the following costs were assigned to it in May, direct materials. $13,000, direct labor. $3,600, and overhead, $1,692. Jobs 103 and 104 were started in June....
As of the end of June, the job cost sheets at Racing Wheels, Inc., show the...
As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs. Direct materials Direct labor Overhead applied Job 102 $38,000 13,000 5,280 Job 103 $56,000 25,600 10,240 Job 104 $58,000 41,000 16,480 Job 102 was started in production in May and the following costs were assigned to it in May direct materials, $12,000, direct labor $3,300, and overhead, $1,320. Jobs 103 and 104 were started in June....
As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs. JOD 102 922,000 Diegt materials Direct labor Overhead applied JOB 103 $71,000 27.300 10.920 JOD 104 $55,000 41.000 16.400 Job 102 was started in production in May and the following costs were assigned to it in May: direct materials, $11.000; direct labor, $3,900; and overhead, $1,560. Jobs 103 and 104 were started in June. Overhead cost...
As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs Job 102 Sob 103 Job 104 Direct materials $15,000 $33,000 $27,000 Direct labor 8.000 14,200 21,000 Overhead 4,000 7,100 10,500 Job 102 was started in production in May and the following costs were assigned to it in May: direct materials. $6.000; direct labor, $1,800, and overhead, 5900. Jobs 103 and 104 are started in June Overhead...
1) As of the end of June, the job cost sheets at Flight Trailers, Inc., show the following total costs accumulated on three custom jobs. Job 202 Job 203 Job 204 Direct materials $ 25,000 $ 59,000 $ 56,000 Direct labor 14,000 26,700 40,000 Overhead 7,000 13,350 20,000 Job 202 was started in production in May and the following costs were assigned to it in May: Direct materials, $13,000; direct labor, $3,600; and overhead, $1,800. Jobs 203 and 204 are...
As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs ts Direct materials Direct labor Overhead applied Job 102 $18,000 14,000 6,020 Job 103 $51,000 26,200 11, 266 Job 104 $64,000 43,090 18,490 Job 102 was started in production in May, and the following costs were assigned to it in May: direct materials, $14,000; direct labor, $4,000; and overhead, $1,720. Jobs 103 and 104 were started...
Che As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs. Job 102 Job 103 Job 104 Direct materials $56,000 $38,000 13,000 5, 200 $58,000 41,000 16,400 Direct labor 25,600 10,240 Overhead applied Job 102 was started in production in May and the following costs were assigned to it in May: direct materials, $12,000; direct labor, $3,300; and overhead, $1,320. Jobs 103 and 104 were started...
As of the end of June, the job cost sheets at Racing Wheels, Inc. show the following total costs accumulated on three custom jobs. Direct materials Direct labor Overhead applied Job 102 $18,000 14,000 6,580 Job 103 $55,000 27,000 12,690 Job 184 $48,888 42,000 19,740 Job 102 was started in production in May and the following costs were assigned to it in May, direct materials. $13,000, direct labor. $3,600, and overhead, $1,692. Jobs 103 and 104 were started in June....
As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs. Direct materials Direct labor Overhead applied Job 102 $38,000 13,000 5,280 Job 103 $56,000 25,600 10,240 Job 104 $58,000 41,000 16,480 Job 102 was started in production in May and the following costs were assigned to it in May direct materials, $12,000, direct labor $3,300, and overhead, $1,320. Jobs 103 and 104 were started in June....
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