Answer: Statement D
Explanation: If a company accept a special order then it must be doing so in order to gain or maximize its profits and the profits will only increase when there is an increase in net income.
Thus, statement D is correct implying that net income will increase when the sales price in greater than the variable cost.
Answer:
8.5
Faster than Normal
Explanation:
Charlene Brewster normal time for the operation will be calculated by taking average of times.
( 8.4 + 8.6 + 8.3 + 8.5 + 8.7 + 8.5 ) / 6
= 8.5
The normal time will be calculate by dividing the Charlene Brewster time by performance rating
8.5 / 110% = 7.7
The Charlene work performance is rated as faster than the normal time.
Answer:
$1.25
Explanation:
With regards to the above and given that;
Direct material = $510 310
Direct labor = $410 $670
Manufacturing overhead?
Work in process = Direct material + Direct labor + manufacturing overhead
$3,250 = $820 + $1,080 + MOH
$3,250 - $1,900 = MOH
MOH = $1,350
Overhead rate = MOH/Direct labor hour
= $1,350/1080
= $1.25