User Account

All Pages

What is the amount of overhead allocated to job

Assignment Help Accounting Basics
Reference no: EM132270472

Question - A manufacturing company allocates overhead at a fixed rate of $20 per hour based on direct labor hours. During the month, total overhead incurred was $150,000, and the total direct labor hours worked was 4,000. Job number 5-50 had 600 hours of direct labor. What is the amount of overhead allocated to job 5-50?

$80,000

$75,000

$12,000

$18,000

Reference no: EM132270472

Questions Cloud

Prepare general journal entries for the three bonds issued : Use this information to prepare General Journal entries for the three bonds issued and any interest accruals and payments for the fiscal year 2018
Suppose a client wants to combine one of two stocks : Suppose a client wants to combine one of two stocks, D and E with C. Stocks D and E both have the same expected return, 15%, but D's risk is 20%
Payments on this mortgage for the first three years : Consider a typical $1,000,000 Canadian mortgage contract. Suppose that the current nominal interest rate is 6% and the maturity is set at 20 years.
What is the equity multiplier : Locker Company has a debt-equity ratio of .6. Return on assets is 8.8 percent, and total equity is $525,000.
What is the amount of overhead allocated to job : A manufacturing company allocates overhead at a fixed rate of $20 per hour based on direct labor hours. What is the amount of overhead allocated to job 5-50
What is the company average accounts receivable : What is the company's average accounts receivable? Round your answer to the nearest dollar.
What are the six principles of the constitution : What are the SIX principles of the Constitution. In your response, define and give an example of EACH pillar.
Discuss federalism and give an example : Research and discuss federalist papers, Declaration of Independence, Bill of Limits, and Constitution.
Analyzing the potential risk of an investment : What is the importance of measuring and analyzing the potential risk of an investment, to make an informed decision?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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