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emmainna [20.7K]
4 years ago
9

The following data have been recorded for recently completed Job 450 on its job cost sheet. Direct materials cost was $2,049. A

total of 35 direct labor-hours and 195 machine-hours were worked on the job. The direct labor wage rate is $21 per labor-hour. The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $24 per machine-hour. The total cost for the job on its job cost sheet would be:
Business
1 answer:
Verdich [7]4 years ago
8 0

Answer:

Total cost= $7,464

Explanation:

Giving the following information:

Job 450:

Direct materials= $2,049

35 direct labor-hours

195 machine-hours  

The direct labor wage rate is $21 per labor-hour.

The predetermined overhead rate is $24 per machine-hour.

<u>The total cost is calculated using the following formula:</u>

Total cost= direct material + direct labor + allocated overhead

Total cost= 2,049 + 35*21 + 195*24

Total cost= 2,049 + 735 + 4,680

Total cost= $7,464

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The predicted 2017 costs for Gamma Motors are as follows: Manufacturing Costs Selling and Administrative Costs Variable $250,000
maks197457 [2]

Answer: 200%

Explanation:

First find the return required.

= 10% of total assets

= 10% * 5,000,000

= $500,000

The total manufacturing costs are:

= 250,000 + 450,000

= $700,000

We need to know the amount to increase the manufacturing costs by so that it covers both the desired return and the admin costs:

= (Desired return + Admin costs) / Manufacturing costs * 100%

= (500,000 + 600,000 + 300,000) / 700,000 * 100%

= 200%

7 0
3 years ago
Performance improvement model at richmond university medical center is base on the acronym p.d.c.a. What do the letters stand fo
Dvinal [7]

Plan Do Check Act is p.d.c.a. stands for. As Performance improvement model at richmond university medical centre is base on the acronym p.d.c.a.

<h3>What is the role of p.d.c.a.?</h3>

The focus PDCA framework is intended to provide guidance for problem-solving and process improvement. In order to ensure success, this technique develops a detailed analysis, response, action plan, and feedback loop.

Based on facts to support the modifications, a method called FOCUS and PDSA can be used to change how a service is offered. This method can also be used to assess the change's impact. While PDSA refers to the cycle of an improvement process, FOCUS refers to a method for identifying an area that needs improvement.

Thus, it is Plan Do Check Act

For more details about Plan Do Check Act, click here:

brainly.com/question/15277865

#SPJ4

6 0
1 year ago
Explain the importance of cultural awareness or understanding of sociocultural differences in the global marketplace.
bonufazy [111]

Answer:

Cultural awareness exemplifies the ability to recognize diverse beliefs, customs, and values whom are significant to some individuals.

Explanation:

Basically, being able to understand this is necessary, because you need to respect others unless you want to be deemed ingnorant

6 0
3 years ago
If Yes, why is making a profit a good thing?
guajiro [1.7K]

Answer:

Yes

Explanation:

Making profit is a good thing because Profit equals a company's revenues minus expenses. Earning a profit is important to a small business because profitability impacts whether a company can secure financing from a bank, attract investors to fund its operations and grow its business. Companies cannot remain in business without turning a profit.

3 0
3 years ago
A real estate company places ads on a local newspaper's website. The real estate company pays the newspaper based on how many ti
vlada-n [284]

Answer:

cost per click (CPC) or pay per click (PPC) pricing, the name depends on who provides the service, but the concept is the same.

Explanation:

Companies that use pay per click (PPC) advertising will pay each time a user clicks on their ads to see them. When you open a website there may be several (sometimes more than a dozen) of different advertisements, but the advertiser companies only pays when someone actually clicks on the ad. PPC is the most popular and common advertising in websites and search engines, e.g. Google Ads works this way.

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4 years ago
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