Homework Answers
Question : 1. Answer : B = $ 68800.
Total Cost for Job #450 = Direct material + Direct labor + Overhead cost
Total Cost for Job #450 = $ 16000 + $ 24000 + $ 24000 * 120 % = $ 68800.
Question : 2.
Sales trend % for year - 2 = ( $ 336000 - $ 300000 ) * 100 / $ 300000 = 12 %.
Add Answer to:
ID POMU JUUL company uses the Job Order cost system. Job #450 was started and completed...
The Blue Star Manufacturing Company uses a job order costing system and normal costing. It started...
The Blue Star Manufacturing Company uses a job order costing system and normal costing. It started operations in January 2014. Total production cost for Job A14 was $35,000. Job A14 was completed, but not sold as of the end of 2014. During 2014, the total production cost (DM + DL + OH) charged to B14 was $24,000. Job B14 was still unfinished at the end of 2014. The ending balance for Materials Inventory for 2014 was $6,000. At the end...
Ravsten Company uses a job-order costing system. The company applies overhead cost to jobs on...
Ravsten Company uses a job-order costing system. The company applies overhead cost to jobs on the basis of machine-hours. For the current year, the company estimated that it would work 42,000 machine-hours and incur $191,100 in manufacturing overhead cost. The following transactions occurred during the year: a. Raw materials requisitioned for use in production, $240,000 (75% direct and 25% indirect). b. The following costs were incurred for employee services: Direct labor $ 166,000 Indirect labor $ 24,000...
Southworth Company uses job order cost system
"Southworth Company uses a job-order costing system and applies manufacturing overhead cost to jobs on the basis of the cost of direct materials used in production. Its predetermined overhead rate was based on a cost formula that estimated $248,000of manufacturing overhead for an estimated allocation base of $155,000 direct material dollars. The following transactions took place during the year(all purchases and services were acquired on account). "a. Raw materials purchased, $142,000b. Raw materials requisitioned fo use in production (all direct materials),$15,000c. Utility...
this is all the information Lauren Company uses a job-order costing system and a predetermined overhead...
this is all the information
Lauren Company uses a job-order costing system and a predetermined overhead rate based on machine hours. At the beginning of 2020, Lauren estimated the overhead for the year would be $720,000 and that production would use 90,000 machine hours. The following information relates to the month of August Job 125 Job 126 Job 127 $10.000 $14,000 SO $15.000 $24,000 $20,000 $31.000 Work in process, August 1 Direct materials cost Direct labor costs Actual direct labor...
Job Cost Flows Roseler Company uses a normal job-order costing system. The company has two departments...
Job Cost Flows Roseler Company uses a normal job-order costing system. The company has two departments through which most jobs pass. Overhead is applied using a plantwide overhead rate of $7.00 per direct labor hour. During the year, several jobs were completed. Data pertaining to one such job, Job 9-601, follow: Direct materials $12,000 Direct labor cost: Department A (450 hours @ $18) $8,100 $2,160 Department B (120 hours @ $18) Machine hours used: Department A 200 Department B 800...
48. Lauren Company uses a job-order costing system and a predetermined overhead rate based on machine...
48.
Lauren Company uses a job-order costing system and a predetermined overhead rate based on machine hours. At the beginning of 2020, Lauren estimated the overhead for the year would be $720,000 and that production would use 90,000 machine hours. The following information relates to the month of August: Job 125 Job 126 Job 127 $10,000 $14,000 $0 $15.000 $20,000 $2.000 Work in process August 1 Direct materials cost Direct labor costs Actual direct labor hours Actual machine hours $24,000...
Jenkins Company uses a job order cost system with overhead applied to jobs on the basis...
Jenkins Company uses a job order cost system with overhead applied to jobs on the basis of direct labor hours. The direct labor rate is $20 per hour, and the predetermined overhead rate is $15 per direct labor hour. The company worked on three jobs during April. Jobs A and B were in process at the beginning of April. Job A was completed and delivered to the customer. Job B was completed during April, but not sold. Job C was...
Jenkins Company uses a job order cost system with overhead applied to jobs on the basis...
Jenkins Company uses a job order cost system with overhead applied to jobs on the basis of direct labor hours. The direct labor rate is $20 per hour, and the predetermined overhead rate is $15 per direct labor hour. The company worked on three jobs during April. Jobs A and B were in process at the beginning of April. Job A was completed and delivered to the customer. Job B was completed during April, but not sold. Job C was...
Jenkins Company uses a job order cost system with overhead applied to jobs on the basis...
Jenkins Company uses a job order cost system with overhead applied to jobs on the basis of direct labor hours. The direct labor rate is $20 per hour, and the predetermined overhead rate is $15 per direct labor hour. The company worked on three jobs during April. Jobs A and B were in process at the beginning of April. Job A was completed and delivered to the customer. Job B was completed during April, but not sold. Job C was...
Jenkins Company uses a job order cost system with overhead applied to jobs on the basis...
Jenkins Company uses a job order cost system with overhead applied to jobs on the basis of direct labor hours. The direct labor rate is $20 per hour, and the predetermined overhead rate is $15 per direct labor hour. The company worked on three jobs during April. Jobs A and B were in process at the beginning of April. Job A was completed and delivered to the customer. Job B was completed during April, but not sold. Job C was...
this is all the information
Lauren Company uses a job-order costing system and a predetermined overhead rate based on machine hours. At the beginning of 2020, Lauren estimated the overhead for the year would be $720,000 and that production would use 90,000 machine hours. The following information relates to the month of August Job 125 Job 126 Job 127 $10.000 $14,000 SO $15.000 $24,000 $20,000 $31.000 Work in process, August 1 Direct materials cost Direct labor costs Actual direct labor...
Job Cost Flows Roseler Company uses a normal job-order costing system. The company has two departments through which most jobs pass. Overhead is applied using a plantwide overhead rate of $7.00 per direct labor hour. During the year, several jobs were completed. Data pertaining to one such job, Job 9-601, follow: Direct materials $12,000 Direct labor cost: Department A (450 hours @ $18) $8,100 $2,160 Department B (120 hours @ $18) Machine hours used: Department A 200 Department B 800...
48.
Lauren Company uses a job-order costing system and a predetermined overhead rate based on machine hours. At the beginning of 2020, Lauren estimated the overhead for the year would be $720,000 and that production would use 90,000 machine hours. The following information relates to the month of August: Job 125 Job 126 Job 127 $10,000 $14,000 $0 $15.000 $20,000 $2.000 Work in process August 1 Direct materials cost Direct labor costs Actual direct labor hours Actual machine hours $24,000...
Jenkins Company uses a job order cost system with overhead applied to jobs on the basis of direct labor hours. The direct labor rate is $20 per hour, and the predetermined overhead rate is $15 per direct labor hour. The company worked on three jobs during April. Jobs A and B were in process at the beginning of April. Job A was completed and delivered to the customer. Job B was completed during April, but not sold. Job C was...
Jenkins Company uses a job order cost system with overhead applied to jobs on the basis of direct labor hours. The direct labor rate is $20 per hour, and the predetermined overhead rate is $15 per direct labor hour. The company worked on three jobs during April. Jobs A and B were in process at the beginning of April. Job A was completed and delivered to the customer. Job B was completed during April, but not sold. Job C was...
Jenkins Company uses a job order cost system with overhead applied to jobs on the basis of direct labor hours. The direct labor rate is $20 per hour, and the predetermined overhead rate is $15 per direct labor hour. The company worked on three jobs during April. Jobs A and B were in process at the beginning of April. Job A was completed and delivered to the customer. Job B was completed during April, but not sold. Job C was...
Jenkins Company uses a job order cost system with overhead applied to jobs on the basis of direct labor hours. The direct labor rate is $20 per hour, and the predetermined overhead rate is $15 per direct labor hour. The company worked on three jobs during April. Jobs A and B were in process at the beginning of April. Job A was completed and delivered to the customer. Job B was completed during April, but not sold. Job C was...
Most questions answered within 3 hours.
-
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 38 minutes ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 40 minutes ago -
implement a program that reads a number of rows and a symbol.
The program will draw...
asked 45 minutes ago -
Assume that when adults with smartphones are randomly selected,
45% use them in meetings or classes....
asked 49 minutes ago -
Determine the number of formula units of
Na2SO4 and moles of oxygen contained in 8.11
moles...
asked 59 minutes ago -
Explain in steps on the following code
What would be the output when executed
using System;...
asked 1 hour ago -
Given the information in the table, which of the following
statements is CORRECT?
Stock A
Stock...
asked 1 hour ago -
Write MARIE assembly language programs that do the following:
Write a program that inputs an integer...
asked 1 hour ago -
Explain an understanding of services and protocols.
Explain the job of DNS.
Explain the three email...
asked 1 hour ago -
(As soon as possible) Balance each of the following equations
according to the half-reaction method:
H2O2(aq)...
asked 1 hour ago -
A thin rod with a mass of 3.5kg and a length L=1.5 m is oriented
horizontally....
asked 1 hour ago -
Inheritance pattern in BRCA 1
Describe the inheritance pattern of BRCA 1 Is it recessive or...
asked 1 hour ago