User Account

All Pages

What is the total cost of job

Assignment Help Managerial Accounting
Reference no: EM132984650

Question - Small Manufacturing Company has a standard overhead rate of $42 per hour. The labor rate is $19 per hour. Overhead is applied based on direct labor hours. Jobs B-1 and B-2 were completed during the month of March. Small incurred 140 hours of indirect labor during the month. Job B-1 used 82 direct labor hours and $3650 worth of direct material used. Job B-2 used 90 direct labor hours and $2,500 worth of direct material. What is the total cost of job B-2?

Reference no: EM132984650

Questions Cloud

Outline theories of organizational behaviour : Outline theories of organizational behaviour and dynamics relevant to planning and implementing organisation development
Explain the cross-cultural intelligence : In today's global village; "cross-cultural intelligence" is a necessary managerial competence in International Human Resource Management.
Compute the unit product cost : Assume that direct labor is a variable cost. Compute the unit product cost under both the absorption costing and variable costing approaches
What is the debt to assets ratio : What is the Debt to Assets ratio? Use the taken from Blix Company's December 31 year-end Financial Statements, Preferred Dividends$50,000
What is the total cost of job : Small Manufacturing Company has a standard overhead rate of $42 per hour. The labor rate is $19 per hour. What is the total cost of job B-2
What interest caused by the transaction will be difference : The interest caused by the transaction will be the difference between what two amounts? A company receives property in exchange for a note payable to the seller
How much is the cost of goods sold to be reported : How much is the cost of goods sold to be reported in the branch's income statement for the year ended December 31, 2021
Present value of note will be based on which interest rate : The present value of the note will be based on which interest rate? ARB Company issues a promissory note to QRS Company for services.
How much is the loss on discounting : After holding the note for six months, Franco discounted the note at Lylia Bank at an effective rate of 10%. How much is the loss on discounting

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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