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TEA [102]
2 years ago
14

Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost. Job V, which was started and completed during

the current period, shows charges of $6,400 for direct materials, $8,300 for direct labor, and $4,731 for overhead on its job cost sheet. Job W, which is still in process at year-end, shows charges of $2,700 for direct materials and $5,100 for direct labor
Business
1 answer:
boyakko [2]2 years ago
5 0

If Sigma Corporation applies overhead cost to jobs. The  overhead cost is: $2,907.

<h3>Overhead cost</h3>

First step is to calculate the overhead rate

Overhead rate=Overhead cost / Direct Labor

Overhead rate=$4,731 /$8,300

Overhead = .57 rate

Second step is to calculate the overhead cost

Overhead cost=$5100× .57

Overhead cost = $2,907

Therefore the overhead cost is: $2,907.

Learn more about overhead cost here:brainly.com/question/26454135

#SPJ1

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Crossroad chooses to report a financial asset at its fair value. The asset trades in two different markets; however, neither mar
Alex

Answer:$81

Explanation:

The options given are:

a. $76

b. $80

c. $81

d. $82

If the principal market that is, the market that the greatest volume of activity can't be identified, then the most advantageous market would be used to determine the fair value of a financial asset.

The most advantageous market is the market that has the highest net price, after transaction cost has been considered even though the transaction costs is not included into the fair value. Therefore, the second market gives the highest net price of $80 after the consideration of the transaction costs, hence, it should be utilized for fair value purposes.

The fair value amount include the transaction costs, which give $80 + $1 = $81

The fair value amount is $81.

5 0
3 years ago
What encourages people to buy shares in the ownership of a private limited company? (please if you can, give an explanation)
sertanlavr [38]
I think the main reason people buy shares of companies is to make money.
Explain:
their idea is to buy low value of things and sell high. for example, if i buy 100 shares of a company stock valued at 25$ each i will have made a total of 2,500$. if in the next few months the shares increase to $50, I can sell them for more, Like $5,000, This is doubling your investment.
Hope that helped
6 0
3 years ago
A trade deficit means that net exports are positive. <br> a. True <br> b. False
pentagon [3]
The answer you are looking for is false.
Hope it helps :)
5 0
3 years ago
Toy Mart recently announced that it will pay annual dividends at the end of the next two years of $1.60 and $1.10 per share, res
Delicious77 [7]

Answer:

$9.43

Explanation:

Calculation for what should this stock sell for today

Stock today = $1.60/1.135 + $1.10/1.135^2 + $13.50/1.135^5

Stock today = $9.43

Therefore what should this stock sell for today is $9.43

6 0
3 years ago
What can be researched about a nonprofit organization through a regulatory agency?
Alex787 [66]

<u>Answer:</u>

<em>The level of compliance to nonprofit status regulations.</em>

<u>Explanation:</u>

<em>A non profit association (NGO) </em>is a non-benefit, native based gathering that capacities autonomously of government. Operational NGOs, which spotlight on improvement projects.

Although NGOs are constantly responsible monetarily to contributors, there are no lawful way to control their exercises abroad. (A few governments have compromised NGOs' assessment status when they have reprimanded the <em>international strategy of the benefactor government</em>.)

4 0
3 years ago
Read 2 more answers
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