Benjamin products uses job order costing and assigns

Assignment Help Accounting Basics
Reference no: EM13590124

Benjamin Products uses job order costing and assigns overhead to specific jobs using direct labor hours. During the month of June, a total of 1,800 direct labor hours at a cost of $16 per hour were incurred for all jobs. Actual overhead costs for the month totaled $9,000. If a specific job required 36 direct labor hours of work, how much overhead should be applied to that job?

Reference no: EM13590124

Questions Cloud

Modify the formulation by adding a constraint that whoever : a young couple eve and steven want to divide their four main household chores so that each is responsible for two of
The dewright company is considering three new products to : the dewright company is considering three new products to replace current models that are being discontinued so their
A manufacturing company that produces a single product has : a manufacturing company that produces a single product has provided the following data concerning its most recent month
There are 60 regular attendees and no trainees present at : the speedem-feedem airline must decide how many new flight attendants to hire and train over the next six months. the
Benjamin products uses job order costing and assigns : benjamin products uses job order costing and assigns overhead to specific jobs using direct labor hours. during the
One rule of professional ethics adopted by cpas is that a : discuss with your team dq 4 in your lt forum and submit the final lt response by saturday under this thread. responses
Asuming that both mobile and galveston have infinite : a sunco oil produces oil at two wells. well 1 can produce as many as 150000 barrels per day and well 2 can produce as
Add slack variables x4 x5 and x6 and perform iterations of : consider the following lpmaximize z4x15x23x3subject tox1x24x3le6x12x2x3le7x14x22x3le12a add slack variables x4 x5 and
A review of the bank statement shows you have three : on october 31 2013 your companys records say that the company has 17672.23 in its checking account. a review of the

Reviews

Write a Review

Accounting Basics Questions & Answers

  Cash receipts journal entry

Cash sales of $836.15 on May 12 were deposited in the bank. The cash receipts journal entry and the deposit slip were incorrectly made for $886.15. The bank credited Logan Company for the correct amount.

  Complete the below table to calculate the balance sheet

selected comparative financial statements of korbin company followkorbin companycomparative income statementsfor years

  Liability insurance-expected after tax earnings

Suppose that the Lai Jean Co. expects before tax earnings of 5 million this coming year, assuming no liability losses. However, there is a 2 percent chance that Lai will lose a $10 million lawsuit during the year.

  What is the amount of depreciation expense

Pisa, Inc. uses the straight-line method to depreciate similar assets. What is the amount of depreciation expense recorded by Pisa, Inc. in the first year of the asset's life?

  Fixed costs for the period were cost of goods sold 1080000

pro sports inc. manufactures basketballs for the national basketball association nba. for the first 6 months of 2008

  Assume instead that brian operates sigma as a sole

several years ago brian formed sigma corporation a retail company that does not qualify for the u.s. production

  Decision on the financial statements

Write a letter to Uncle Carlos explaining why it would be unwise to base an investment decision on the financial statements that he has provided to you. Be sure to explain why these financial statements are neither relevant nor representationally ..

  You are the beneficiary of a trust fund established by your

you are the beneficiary of a trust fund established by your aunt. your aunt has given you two options to choose from

  Sales level required in both dollars and units

Compute the sales level required in both dollars and units to earn $210,000 of after-tax income in 2010 with the machine installed and no change in unit sales price. Assume that the income tax rate is 30%.

  The wholesale cost of the fryers

The current price for whole fryers is $.89 per pound. The proposal is to set a promotional price of $.59 per pound. The wholesale cost of the fryers, prepackaged and ready for sale, is $.55 per pound.

  Cash received from customers b write a brief statement

during the current year tachnic inc. made cash sales of 289000 and credit sales of 472000. during the year accounts

  Method to amortize bond premium of discount

On june 30, 2012, mackes company issued 5,000,000 face value of 13%, 20 year bonds at $5,376,150, a yield of 12%. Mackes uses the effective-interest method to amortize bond premium of discount. the bonds pay semiannual interest on june 30 and dece..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd