Homework Answers
Calculate rate :
| Estimated indirect labor | / | Estimated direct labor hour | = | Budgeted indirect cost rate |
| 8100000 | / | 135000 | = | 60 per labor hour |
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E4-23 (similar to) Question Help Attleboro Construction assembles residential houses. It uses a job-costing system with two direct-cost categories (direct materials and direct labor) and one indirect-cost pool (assembly support). Direct labor-hours is the allocation base for assembly support costs. In December 2016, Attleboro budgets 2017 assembly-support costs to be $8,600,000 and 2017 direct labor-hours to be 215,000. At the end of 2017, Attleboro is comparing the costs of several jobs that were started and completed in 2017. (Click the...
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Avery Construction assembles residential houses. It uses a job-costing system with two direct-cost categories (direct materials and direct labor) and one indirect-cost pool (assembly support). Direct labor-hours is the allocation base for assembly support costs. In December 2016, Avery budgets 2017 assembly-support costs to be $8,100,000 and 2017 direct labor-hours to be 135,000. At the end of 2017, Avery is comparing the costs of several jobs that were started and completed in 2017. (Click the icon to view the data.)...
Chirac & Partners, a Quebec-based public accounting partnership, specializes in audit services. Its job-costing system has...
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E4-23 (similar to) Question Help Attleboro Construction assembles residential houses. It uses a job-costing system with two direct-cost categories (direct materials and direct labor) and one indirect-cost pool (assembly support). Direct labor-hours is the allocation base for assembly support costs. In December 2016, Attleboro budgets 2017 assembly-support costs to be $8,600,000 and 2017 direct labor-hours to be 215,000. At the end of 2017, Attleboro is comparing the costs of several jobs that were started and completed in 2017. (Click the...
Score: 0 of 1 pt 1 of 5 (0 complete) E4-33 (similar to) Chirac & Partners, a Quebec-based public accounting partnership, specializes in audit services. Its job-costing system has a single direct-cost category (pro the Audit Support Department). Audit support costs are allocated to individual jobs using actual professional labor hours. Chirac & Partners employs 10 profi follows: Click the icon to view the data.) Read the requirements. Requirement 1. Compute the direct-cost rate and the Indirect-cost rato per professional...
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Chirac & Partners, a Quebec-based public accounting partnership, specializes in audit services. Its job-costing system has a single direct-cost category (professional labor) and a single indirect-cost pool (audit support, which contains all costs of the Audit Support Department). Audit support costs are allocated to individual jobs using actual professional labor-hours. Chirac & Partners employs 10 professionals to perform audit sevices. Budgeted and actual amounts for 2017 are as follows: B Click the icon to view the data.) Read the requirements....
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