Homework Answers
Ans:
1.
Annual hours = Hours per week x Number of weeks
= 20x 45
= 900
Hourly cost = Total labor cost/Total Number of annual hours
= 58,500/900
= $65
2.
Direct labor cost = Number of hours x Hourly rate
= 18 x 65
= $1170
Add Answer to:
Sautter Advertising pays Rita Flores $58,500 per year. Requirements 1. What is the hourly cost to...
Jackson Accounting pays Brooke Peet $84.600 per year. Requirements 1. What is the hourly cost to...
Jackson Accounting pays Brooke Peet $84.600 per year. Requirements 1. What is the hourly cost to Jackson Accounting of employing Peet? Assume a 45-hour week and a 47-week year. 2. What direct labor cost would be assigned to Client 507 if Peet works 17 hours to prepare Client 507's financial statements? Requirement 1. What is the hourly cost to Jackson Accounting of employing Peet? Assume a 45-hour week and 47-week year Select the formula below that Jackson Accounting would use...
Gray Accounting pays Tim Johnson $101.760 per year. Requirements 1. What is the hourly cost to...
Gray Accounting pays Tim Johnson $101.760 per year. Requirements 1. What is the hourly cost to Gray Accounting of employing Johnson? Assume a 40-hour week and a 48-week year. 2. What direct labor cost would be assigned to Client 507 if Johnson works 13 hours to prepare Client 507's financial statements? Select the formula below that Gray Accounting would use to calculate the hourly cost and complete the formula. (Round the hourly cost to the nearest cent.) Hourly cost
Stein Advertising pays Amanda Hilton $104,400 per year. Assume that Stein's advertising agents are expected to...
Stein Advertising pays Amanda Hilton $104,400 per year. Assume that Stein's advertising agents are expected to work a total of 12,000 direct labor hours in 2018. Stein's estimated total indirect costs are $288,000 and the allocation base used is direct labor hours. Read the requirements. Requirement 1. What is Stein's predetermined overhead allocation rate? = Predetermined overhead allocation rate II Requirement 2. What indirect costs will be allocated to Client 507 if Amanda Hilton, an advertising agent at Stein Advertising,...
bloom advertising pays brooke peet $111,600 per year. Assume that bloom advertising agents are expected to...
bloom advertising pays brooke peet $111,600 per year. Assume that bloom advertising agents are expected to work a total of 6,000 direct labor hours in 2018. Bloom estimated total indirects costs are $360,000 and the allocation base used is direct labor hours. What is Bloom's predetermibed overhead allocation rate? What indirect costs will be allocated to Client 507 if Brooke Peet, an advertising agent at Bloom Advertising, works 11 hours to prepare the magazine ad?
S3-14 (similar to) EQuestion Help Foley Associates, a law firm, hires Attorney Wanda Hampton at an...
S3-14 (similar to) EQuestion Help Foley Associates, a law firm, hires Attorney Wanda Hampton at an annual salary of $110,500. The law firm expects her to spend 1,700 hours a year performing legal work for clients. Indirect costs are assigned to clients based on attorney billing hours. Firm attorneys are expected to work a total of 26,000 direct labor hours this year. Before the fiscal year begins, Foley estimates that the total indirect costs for the upcoming year will be...
Pitt Accounting pays Amanda Hilton $102,600 per year. Assume that Pitt's accountants are expected to work...
Pitt Accounting pays Amanda Hilton $102,600 per year. Assume that Pitt's accountants are expected to work a total of 6,000 direct labor hours in 2018. Pitt's estimated total indirect costs are $288,000 and the allocation base used is direct labor hours. Read the requirements. Requirement 1. What is Pitt's predetermined overhead allocation rate? Predetermined overhead allocation rate 11 11 Requirement 2. What indirect costs will be allocated to Client 507 if Amanda Hilton, an accountant at Pitt Accounting, works 13...
Blake Accounting pays Peter Geller $99,000 per year. Assume that Blake's accountants are expected to work...
Blake Accounting pays Peter Geller $99,000 per year. Assume that Blake's accountants are expected to work a total of 12,000 direct labor hours in 2018. Blake's estimated total indirect costs are $384,000 and the allocation base used is direct labor hours. Read the requirements. Requirement 1. What is Blake's predetermined overhead allocation rate? Predetermined overhead allocation rate Requirement 2. What indirect costs will be allocated to Client 507 if Peter Geller, an accountant at Blake Accounting, works 10 hours to...
pays Ryan JohnsonRyan Johnson $ 99 comma 000$99,000 per year. Assume that Blake'sBlake's accountantsaccountants are expected...
pays Ryan JohnsonRyan Johnson $ 99 comma 000$99,000 per year. Assume that Blake'sBlake's accountantsaccountants are expected to work a total of 6 comma 0006,000 direct labor hours in 20182018. Blake'sBlake's estimated total indirect costs are $ 408 comma 000$408,000 and the allocation base used is direct labor hours.Read the requirements LOADING... . Requirement 1. What is Blake'sBlake's predetermined overhead allocation rate? / = Predetermined overhead allocation rate / = Requirement 2. What indirect costs will be allocated to Client 507...
e Yo i Requirements 1. What is Gray's predetermined overhead allocation rate? 2. What indirect costs...
e Yo i Requirements 1. What is Gray's predetermined overhead allocation rate? 2. What indirect costs will be allocated to Client 507 if Lee Young, an accountant at Gray Accounting, works 13 hours to prepare the financial statements? Print Done hen continue to the next question. f 6.000 direct labor hours in 2018. Gray's estimated direct costs we 1240.000 and the locations used is rector Gray Accounting part Lee Young 193.600 per year Mume that Gray's accountants expected to work...
Requirements: 1. Calculate the manufacturing cost of Job 302. 2. How much will the City of...
Requirements:
1. Calculate the manufacturing cost of Job
302.
2. How much will the City of Northville pay for this
playground equipment?
All Wood Industries manufactures custom-designed playground equipment for schools and city parks. All Wood expected to incur $627,000 of manufacturing overhead cost, 41,800 of direct labor hours, and $836,000 of direct labor cost during the year (the cost of direct labor is $20 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During...
Jackson Accounting pays Brooke Peet $84.600 per year. Requirements 1. What is the hourly cost to Jackson Accounting of employing Peet? Assume a 45-hour week and a 47-week year. 2. What direct labor cost would be assigned to Client 507 if Peet works 17 hours to prepare Client 507's financial statements? Requirement 1. What is the hourly cost to Jackson Accounting of employing Peet? Assume a 45-hour week and 47-week year Select the formula below that Jackson Accounting would use...
Gray Accounting pays Tim Johnson $101.760 per year. Requirements 1. What is the hourly cost to Gray Accounting of employing Johnson? Assume a 40-hour week and a 48-week year. 2. What direct labor cost would be assigned to Client 507 if Johnson works 13 hours to prepare Client 507's financial statements? Select the formula below that Gray Accounting would use to calculate the hourly cost and complete the formula. (Round the hourly cost to the nearest cent.) Hourly cost
Stein Advertising pays Amanda Hilton $104,400 per year. Assume that Stein's advertising agents are expected to work a total of 12,000 direct labor hours in 2018. Stein's estimated total indirect costs are $288,000 and the allocation base used is direct labor hours. Read the requirements. Requirement 1. What is Stein's predetermined overhead allocation rate? = Predetermined overhead allocation rate II Requirement 2. What indirect costs will be allocated to Client 507 if Amanda Hilton, an advertising agent at Stein Advertising,...
S3-14 (similar to) EQuestion Help Foley Associates, a law firm, hires Attorney Wanda Hampton at an annual salary of $110,500. The law firm expects her to spend 1,700 hours a year performing legal work for clients. Indirect costs are assigned to clients based on attorney billing hours. Firm attorneys are expected to work a total of 26,000 direct labor hours this year. Before the fiscal year begins, Foley estimates that the total indirect costs for the upcoming year will be...
Pitt Accounting pays Amanda Hilton $102,600 per year. Assume that Pitt's accountants are expected to work a total of 6,000 direct labor hours in 2018. Pitt's estimated total indirect costs are $288,000 and the allocation base used is direct labor hours. Read the requirements. Requirement 1. What is Pitt's predetermined overhead allocation rate? Predetermined overhead allocation rate 11 11 Requirement 2. What indirect costs will be allocated to Client 507 if Amanda Hilton, an accountant at Pitt Accounting, works 13...
Blake Accounting pays Peter Geller $99,000 per year. Assume that Blake's accountants are expected to work a total of 12,000 direct labor hours in 2018. Blake's estimated total indirect costs are $384,000 and the allocation base used is direct labor hours. Read the requirements. Requirement 1. What is Blake's predetermined overhead allocation rate? Predetermined overhead allocation rate Requirement 2. What indirect costs will be allocated to Client 507 if Peter Geller, an accountant at Blake Accounting, works 10 hours to...
e Yo i Requirements 1. What is Gray's predetermined overhead allocation rate? 2. What indirect costs will be allocated to Client 507 if Lee Young, an accountant at Gray Accounting, works 13 hours to prepare the financial statements? Print Done hen continue to the next question. f 6.000 direct labor hours in 2018. Gray's estimated direct costs we 1240.000 and the locations used is rector Gray Accounting part Lee Young 193.600 per year Mume that Gray's accountants expected to work...
Requirements:
1. Calculate the manufacturing cost of Job
302.
2. How much will the City of Northville pay for this
playground equipment?
All Wood Industries manufactures custom-designed playground equipment for schools and city parks. All Wood expected to incur $627,000 of manufacturing overhead cost, 41,800 of direct labor hours, and $836,000 of direct labor cost during the year (the cost of direct labor is $20 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During...
Most questions answered within 3 hours.
-
Enter your answer in the provided box. To what fraction of its
original volume, Vfinal/Vinitial, must...
asked 30 minutes ago -
Can you figure out if any R functions used to subset a time
series 1 or...
asked 55 minutes ago -
Which of the following is correct?
A. APC + MPS = 1
B. APS + MPS...
asked 1 hour ago -
Given a regression sum of squares equal to 2373.59 and a total
sum of squares equal...
asked 2 hours ago -
Compare and contrast the linear motion and angular motion
equations F ma and . That is,...
asked 1 hour ago -
Now that this course has taken you on a journey of introduction
to the world of...
asked 2 hours ago -
The sandwich maker of the EE-Cole-Eye Sandwich Truck was just
fired (for a reason described below)...
asked 4 hours ago -
Name the following coordination compounds using systematic
nomenclature.
1. [Co(H2O)6]Cl2:
2. [Cr(NH3)6](NO3)3:
3. K4[Fe(CN)6]:
4. Na[Au(CN)4]:...
asked 4 hours ago -
Propose an efficient synthesis of 2-Bromo-5-nitrotoluene from
benzene. Hint: 3 steps. Consider directing effects of substituents....
asked 6 hours ago -
This assignment will explore the impact of corporate decisions
on a local versus a global perspective....
asked 5 hours ago -
Given the function below, F(w,x,y,z)= x’z+w’z’+w’y
a) draw a logic diagram for an implementation which uses...
asked 5 hours ago -
Most political philosophers believe we have a duty to obey laws,
even if the laws in...
asked 6 hours ago