1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sophie [7]
3 years ago
15

A marketing consultant uses the job costing system and has a pre-determined overhead rate of $15 per direct labor hour. This amo

unt is based on an estimated overhead of $30,000 and an average time of 5.0 hours per job. Job #521 incurred direct material costs of $50 and 6 direct labor hours costing of $75 per hour. The total cost of job #521 is_.
A. $155.
B. $215.
C. $565.
D. $590
Business
1 answer:
monitta3 years ago
7 0

Answer:

D. $590

Explanation:

Predetermined overhead rate = $15 per labour hour

Direct Material cost = $50

Labor rate = $75 per hour

Number of Direct labor hour = 6

Direct labor cost = 6 x 75 = $450

Overhead applied cost = Predetermined overhead rate x Direct labor hours

Overhead applied cost = 15 x 6 = $90

Total cost = $50 + $450 + $90

Total cost = $590

So, the correct answer is D. $590

You might be interested in
Elliot wants to open a checking account.
Paraphin [41]

Answer:

The common differences in benefits and or fees include :

1. Minimum opening amount

2. Withdrawal limitation - maximum spending or withdrawal depending on age

3. Cost of notification on transaction and monthly statement or hard copy statement fee.

4. Return deposit charge - fee charged on a bounced cheque

5.Overdraft charge - fee charge on unfulfilled commitment

Explanation: The benefits attached and the charges or fees incurred in managing a checking account may differ depending on the policy and business process of the financial establishment.

5 0
3 years ago
Read 2 more answers
Which expense has to be incurred at the time of Production?<br> a)fixed<br> b)variable
Setler [38]
Both but fixed goes first so a is correct
7 0
2 years ago
Compute the amount of raw materials used during November if $31,500 of raw materials were purchased during the month and if the
mezya [45]

Answer:

Raw materials used during November was $34,800.

Explanation:

The formula for Raw Materials Used is given below:

Opening Raw Materials + Purchases - Closing Raw Materials = Raw Materials Used

Putting Values:

⇒ Raw Materials Used = 7,600 + 31,500 - 4,300 = $34,800.

Thanks!

7 0
3 years ago
Statistical software is considered a complement in the demand for economists. this means that if the demand for economists incre
dlinn [17]
Increase because the software will become more in demand from the more economists. 
7 0
3 years ago
You notice that when customers have too many choices, they are less likely to make a decision about what to buy, so you tell all
grin007 [14]

Answer:

This statement falls under Classical Management Theory

Explanation:

In this case, managers want to help customers in making their choices easy and simple for them. Yes, its very much true that too many choices create ambiguity, it becomes very hard for the customers to choose from overload of choices, that's the reason Apple only came with one phone model, iPhone. Furthermore, managers want employees to help customers, therefore, they have linked their motivation directly with the incentives and commissions, which directly falls under the classical management theory, which says that employees have certain economic and physical needs which they have to meet and fulfill. Moreover, classical management theory also helps us in the areas of leadership, specialization of labor, profits, and decision making. Here managers want to streamline their operations as well, which is also another feature of management theory.  

7 0
3 years ago
Other questions:
  • Suppose the market price of corn is​ $5 a bushel but the government sets a price of​ $7. As a​ result_______________--
    11·1 answer
  • Suppose the banking system currently has $400 billion in reserves, the reserve requirement is 8 percent, and excess reserves amo
    12·1 answer
  • An action for breach of warranty generally must be brought within four years of the breach.
    9·1 answer
  • The price of imported oil rises. If the government wanted to stabilize output, which of the following could it do?
    9·2 answers
  • Rogers Company reported net income of $35,000 for the year. During the year, accounts receivable increased by $7,000, accounts p
    14·1 answer
  • Mary was recently hired at Marshall Industries as a repairperson. Upon starting her new job, she was informed that if she chose
    5·1 answer
  • Livingston Co. uses process costing to account for the production of elastic bands. Direct materials are added at the beginning
    11·1 answer
  • Excellent Company has provided the following operating information for one of its divisions: Sales $100,000 Variable expenses $5
    10·1 answer
  • Direction: Write HURRAY to statements that expresses correct thought and HEPHEP if not.
    5·1 answer
  • What are some benefits of using computers for accounting purposes?.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!