Answer:
Total cost for Job 9-1005 = $ 5,085
Explanation:
Calculation for total cost for Job 9-1005
Direct materials
Q-4698 $1,250
Q-4725 <u>$1,000</u>
<u>Total Direct material cost = $ 2,250</u>
Direct labor
W-3393 $ 600
W-3479 $ 450
W-3559 <u>$ 300</u>
<u>Total direct labour Cost = $ 1,350</u>
add: Overhead cost 110% of total direct labor cost: $1,350×110%= $1,485
Total Cost on Job is: $2,250+$1,350+$1,485 = $5,085
Answer:
neither in the labor force nor unemployed
Explanation:
Since in the question it is mentioned that the Jai Li lost her job and neither she has not yet started looking for a new job
So according to the Bureau of Labor Statistics she counted as a neither in the labor force nor unemployed because labor force includes the combination of employed people + unemployed people
She does not qualify any of the above criteria
Hence, the last option is correct
Answer:
Equivalent unit(material) = 17,700
Equivalent unit(conversion costs) = 13,301
Explanation:
A. Computation for equivalent unit(material)
<u>Particular Unit</u>
Units transferred 9,400
<u>Ending work in process 8,300(100%) 8,300</u>
<u>Equivalent unit(material) 17,700</u>
<u></u>
B. Computation for equivalent unit(conversion costs)
<u>Particular Unit</u>
Units transferred 9,400
<u>Ending work in process 8,300(47%) 3,901</u>
<u>Equivalent unit(conversion costs) 13,301</u>