Answer:
a. Manufacturing overhead allocation rate for each department.
<u>Machining Department</u>
Overhead allocation rate = $2.50
<u>Assembly Department</u>
Overhead allocation rate = $4.00
b. total cost of Job #846 is $6,505
Explanation:
a. Manufacturing overhead allocation rate for each department.
<u>Machining Department</u>
Overhead allocation rate = Overhead / Machine hours
= $250,000/ 100,000
= $2.50
<u>Assembly Department</u>
Overhead allocation rate = Overhead / direct labor-hours
= $360,000/ 90,000
= $4.00
b. total cost of Job #846
Direct material cost :
Machining $2,700
Assembly $1,600
Direct labor cost :
Machining $ 400
Assembly $ 900
Overhead Costs :
Machining ( $2.50 × 170) $ 425
Assembly ( $4.00 × 120) $ 480
Total Cost $6,505
Answer:
hope it helps..
Explanation:
Change management is an important part of project management in which the original project plan, represented by the baseline, is used to measure and assess project execution. ... The initial baseline is created by copying the data from the project after the project plan is completed, prior to starting.
Answer: $104.369 million
Explanation:
Given that,
Total Liabilities = $81.319 million
Cash = $8.040 million
Total Assets = $190.768 million
Total Common Stock = $5.080 million
Therefore,
Total assets = Total liabilities + Total stockholders' equity
$190.768 million = $81.319 million + Total stockholders' equity
Total stockholders' equity = $190.768 million - $81.319 million
= $ 109.449 million
Total stockholders' equity = Total common stock + Retained earnings
Retained earnings = Total stockholders' equity - Total common stock
= $ 109.449 million - $5.080 million
= $104.369 million
Answer:
20.2 or 20.2:1
Explanation:
EPS = Net Income / common shares outstanding
EPS = $885,000 / 177,000 shares
EPS = $5
Market price per share = $101
Price-earnings ratio = Market price per share / EPS
Price-earnings ratio = $101 / $5
Price-earnings ratio = 20.2 or 20.2:1
