A scale used to weigh produce at a market has markings every 0.1 kg. which measurement for the mass of a dozen apples is correct
1 answer:
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Answer:
(A) 352,410
(B) 328,910
(C) 474,120
(D) 461,770
(E) 165,000
(F) 175,000
Explanation:
1.- WIP, August 1st: $ 19,660 $ 41,650 (e)
2.- Cost added $ 332,750 (c) $ 1,075,000
3.- Subtotal (a) $ 515,770 $ 1,240,000
4.- WIP, August 31th $ 23,500 $ 54,000 (f)
5.- COGM (b) (d) $1,068,000
The identity to solve for this is as follow:
<u>The third row is the sum of the left side of the of the equation.</u>
beginning WIP + cost added.
(a) 332,750 + 19,660 = 352,410
(c) 515,770 - 41,650 = 474,120
(e) 1,240,000 - 1,075,000 = 165,000
COMG will be third row less fourth row
the ending WIP subtracted from the left side
(b) 352,410 - 23,500 = 328,910
(d) 515,770 - 54,000 = 461,770
(f) 1,240,000 - 1,068,000 = 175,000
Answer:
Each product will be allocated with 38.30 dollars of manufacturing overhead as both takes 0.81 DLH
Explanation:
To calcualte the overhead rate we need to distribute the expected cost over the expected cost driver, in this case, labor hours:
(39,000 + 8,000) x 0.81 DLH = 38,070 labor hous
$1,800,000 overhead / 38,070 DLH = 47,281323877
the overhead per hour is $47.28
overhead per product:
47,281323877 x 0.81 = 38,29787234 = <u><em>38.30</em></u>