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Customer Job Smith02 was recently completed by ABC Company. The following data were included on its job cost sheet:
Direct materials $59,400
Direct labor hours 1,254 DLH
Direct labor wage rate per hour $10
Number of units completed 3,000
The company applies manufacturing overhead on the basis of direct labor-hours. The predetermined overhead rate is $20 per direct labor-hour.
Compute the total cost of this job and the unit product cost (cost per unit) for this job. You must break this down between direct materials, direct labor, factory overhead, total cost of the job and unit cost of the job, to receive credit.
the employees cumulative earning for the year prior to this week equal $6,200. the employee's cumulative earnings for the year prior to this week equal $98,700.
Matt recently deposited $30,000 in a savings account paying a guaranteed interest rate of 4 percent for the next 10 years. If Matt expects his marginal tax rate to be 20 percent for the next 10 years,
Prepare journal entry, balance sheet, income statement and cash flow statement for the following city of superman for the year ended december 31, 2015 In 2015, received in cash revenues of $50,000 Sold services in 2015 of $1,000 but not received in c..
liabilities with a book value and fair value of $20,000 on the date of combination. Sun also paid $4,000 to a search firm for finders fees related to the acquisition.
Why is it important for a forensic accountant to have knowledge of cost behavior patterns in providing services in a litigation support situation?
ABC Company factors receivables with a carrying value of $200,000 to finance company for cash of 160,000. The transaction is a "with recourse" basis. The recourse provision has a fair value of 1000. Record the 200,000 balance in receivable account an..
A company has a return on equity of 20 percentand a profit margin of 13 percent. The company's total debt equal $450 million and total equity equal to $550 million. Determine the level of sales for this company? (Hints: assume debt + equity = tota..
They spent $15,000 in connection with the adoption, all of which was paid by the employer in accordance with the adoption plan. How much of the employer paid adoption costs must be included in their income?
gomez service company paid their first installment on their notes payable in the amount of 2,000. how wil this transaction affect the accounting equation?
Analyze accounting and reporting requirements for not-for-profit organizations and evaluate specific transactions related to not-for-profit organizations
questionon march 1 2013 werner corp. gests an order for parts from a mexican customer at a price of 500000 mexican
The following figures have been taken from the balance sheet of Chepstow Storage Ltd. - Calculate the current test and acid test ratios and comment on your results.
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