Homework Answers
New Point rate
| Management trainees (280+50) | 330 |
| Assistant manager (390+50) | 440 |
| Manager (605+50) | 655 |
| Senior manager (780+50) | 830 |
Revised Salary Pay
| Management trainees (330 * 50000 / 580) | $ 28,448.28 |
| Assistant manager (440 * 50000 / 580) | $ 37,931.03 |
| Manager (655 * 50000 / 580) | $ 56,465.52 |
| Senior manager (830 * 50000 / 580) | $ 71,551.72 |
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CTN 6.1 Question Help Modifying a Job Evaluation Worksheet This chapter discusses the principles of internally...
Job Structure: Relative Value of Various Jobs Along with market forces and principles of fairness, organizations...
Job Structure: Relative Value of Various Jobs Along with market forces and principles of fairness, organizations consider the relative contribution each job should make to the organization's overall performance. In general, an organization's creation of a pay structure requires that the organization develop an internal structure showing the relative contribution of its various jobs. The first step to design a pay structure is with a job evaluation to measure the relative worth of the organization's jobs, using compensable factors such...
Please answer correctly and round the answers to the nearest HUNDREDTHS place Hiring a Mix of...
Please answer correctly and round the answers to the
nearest HUNDREDTHS place
Hiring a Mix of Entry-Level Workers and Skilled Candidates under a Skill-Base Pay Program A product distribution company has recently adopted a highly complex automated operations management system with an artificial intelligence component that requires highly skilled workers. Company growth is strong and it is expected to increase through the next ten years, requiring it to build additional distribution centers. Initially, there were enough highly qualified job candidates...
Overhead Applied to Jobs, Departmental Overhead Rates Xania Inc, uses a normal job-order costing system. Currently,...
Overhead Applied to Jobs, Departmental Overhead Rates Xania Inc, uses a normal job-order costing system. Currently, a plantwide overhead rate based on machine hours is used. Xania's plant manager has heard that departmental overhead rates can offer significantly better cost assignments than a plantwide rate can offer. Xania has the following data for its two departments for the coming year: Department A Department B Overhead costs (expected) Normal activity (machine hours) $75,000 14,500 $81,000 11,800 Required: 1. Compute a predetermined...
6. What was the total manufacturing cost assigned to Job Q? (Do not round intermediate calculations.)...
6. What was the total manufacturing cost assigned to Job Q?
(Do not round intermediate calculations.)
a. What was the company’s plant wide predetermined overhead
rate? (Round your answer to 2 decimal places.)
b. How much manufacturing overhead was applied to Job P and how
much was applied to Job Q? (Do not round intermediate
calculations.)
12. If Job P included 20 units, what was its unit product cost?
(Do not round intermediate calculations. Round your final
answer to nearest...
(Click the icon to view the job information.) Read the requirements. Wang per RCTI. TOUT $...
(Click the icon to view the job information.) Read the requirements. Wang per RCTI. TOUT $ Finishing 440,000 17,600 25 per DL hour Requirement 3. If Evan's continues to use the plantwide overhead rate, how much manufacturing overhead would be allocated to Job 450 and Job 4557 First identify the formula, then calculate the amount of manufacturing overhead that would be allocated to the jobs if the plantwide overhead rate is used. (Round your an Manufacturing overhead Plantwide overhead rate...
Homework - Chapter 2 6 Saved 6 Exercise 2-12 Computing Predetermined Overhead Rates and Job Costs...
Homework - Chapter 2 6 Saved 6 Exercise 2-12 Computing Predetermined Overhead Rates and Job Costs [LO2-1, LO2-2, LO2-3] 14.28 points Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates Skipped Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour 152,000 651,000 $4.50 eBook Required 1. Compute the plantwide predetermined overhead rate 2. During...
Chapter 15 Assignment - Question 4 (EX 157) tha... Saved Help Save & Exit Submit Check...
Chapter 15 Assignment - Question 4 (EX 157) tha... Saved Help Save & Exit Submit Check my work information used in setting this rate includes estimates that the company will incur $750,000 of overhead costs and $500,000 of direct labor cost in year 2017. During March 2017, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for 2017? 2. Using the information on the following job cost sheet, determine the total cost of the job 30...
Saved Help Save & Exit Submit 10 Check my work 2 Mason Company has two manufacturing...
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Homework - Chapter 2 G Saved Exercise 2-14 Job-Order Costing for a Service Company [LO2-1, LO2-2,...
Homework - Chapter 2 G Saved Exercise 2-14 Job-Order Costing for a Service Company [LO2-1, LO2-2, LO2-3] Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on...
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E4-19A (similar to) Question Help Garvey's Fine Fumihings manufactures c ustom tumhure. Garvey's currently uses a planta de overhead rate based on direct bor hours to allocate its $1.300,000 of manufacturing overhead to individuals. However, Delores Gto. cwner and CEO is considering refining the company's costing system by using departmental head rates Currently, the Machining Department incurs $760,000 of manufacturing overhead while the Filing Department nours 5540,000 of manufacturing overed D ressidented machine hours ) as the primary manufacturing everhead...
Please answer correctly and round the answers to the
nearest HUNDREDTHS place
Hiring a Mix of Entry-Level Workers and Skilled Candidates under a Skill-Base Pay Program A product distribution company has recently adopted a highly complex automated operations management system with an artificial intelligence component that requires highly skilled workers. Company growth is strong and it is expected to increase through the next ten years, requiring it to build additional distribution centers. Initially, there were enough highly qualified job candidates...
Overhead Applied to Jobs, Departmental Overhead Rates Xania Inc, uses a normal job-order costing system. Currently, a plantwide overhead rate based on machine hours is used. Xania's plant manager has heard that departmental overhead rates can offer significantly better cost assignments than a plantwide rate can offer. Xania has the following data for its two departments for the coming year: Department A Department B Overhead costs (expected) Normal activity (machine hours) $75,000 14,500 $81,000 11,800 Required: 1. Compute a predetermined...
6. What was the total manufacturing cost assigned to Job Q?
(Do not round intermediate calculations.)
a. What was the company’s plant wide predetermined overhead
rate? (Round your answer to 2 decimal places.)
b. How much manufacturing overhead was applied to Job P and how
much was applied to Job Q? (Do not round intermediate
calculations.)
12. If Job P included 20 units, what was its unit product cost?
(Do not round intermediate calculations. Round your final
answer to nearest...
(Click the icon to view the job information.) Read the requirements. Wang per RCTI. TOUT $ Finishing 440,000 17,600 25 per DL hour Requirement 3. If Evan's continues to use the plantwide overhead rate, how much manufacturing overhead would be allocated to Job 450 and Job 4557 First identify the formula, then calculate the amount of manufacturing overhead that would be allocated to the jobs if the plantwide overhead rate is used. (Round your an Manufacturing overhead Plantwide overhead rate...
Homework - Chapter 2 6 Saved 6 Exercise 2-12 Computing Predetermined Overhead Rates and Job Costs [LO2-1, LO2-2, LO2-3] 14.28 points Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates Skipped Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour 152,000 651,000 $4.50 eBook Required 1. Compute the plantwide predetermined overhead rate 2. During...
Chapter 15 Assignment - Question 4 (EX 157) tha... Saved Help Save & Exit Submit Check my work information used in setting this rate includes estimates that the company will incur $750,000 of overhead costs and $500,000 of direct labor cost in year 2017. During March 2017, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for 2017? 2. Using the information on the following job cost sheet, determine the total cost of the job 30...
Saved Help Save & Exit Submit 10 Check my work 2 Mason Company has two manufacturing departments-Machining and Assembly. The company considers all of its manufacturing overhead costs to be fixed costs. It provided the following estimates at the beginning of the year as well as the following information with respect to Jobs A and B Estimated Data Kanufacturing overhead Direct labor hours Machine hours points Machining Assembly Total $12,500,000 625,000 $13, 125,000 525,000 520,000 25,000 500,000 500,000 20,000 eBook...
Homework - Chapter 2 G Saved Exercise 2-14 Job-Order Costing for a Service Company [LO2-1, LO2-2, LO2-3] Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on...
E4-19A (similar to) Question Help Garvey's Fine Fumihings manufactures c ustom tumhure. Garvey's currently uses a planta de overhead rate based on direct bor hours to allocate its $1.300,000 of manufacturing overhead to individuals. However, Delores Gto. cwner and CEO is considering refining the company's costing system by using departmental head rates Currently, the Machining Department incurs $760,000 of manufacturing overhead while the Filing Department nours 5540,000 of manufacturing overed D ressidented machine hours ) as the primary manufacturing everhead...
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