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
jolli1 [7]
3 years ago
6

The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Great Bay Boats. The r

equisitions are identified by code numbers starting with the letter Q, and the time tickets start with W. At the start of the year, management estimated that overhead cost would equal 110% of direct labor cost for each job. Date Document Amount 7/1/2017 Q-4698 $ 1,250 7/1/2017 W-3393 600 7/5/2017 Q-4725 1,000 7/5/2017 W-3479 450 7/10/2017 W-3559 300 Determine the total cost on the job cost sheet for Job 9-1005.
Business
1 answer:
Nata [24]3 years ago
5 0

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

You might be interested in
Dunstreet's department store would like to develop an inventory ordering policy of a 95 percent probability of not stocking out.
ArbitrLikvidat [17]

Answer:

219 sheets

Explanation:

D = 5000 per year,

d = daily demand = 5000/365 = 13.70 sheets

T = time between orders (review) = 14 days

L = Lead time = 10 days

σd= Standard deviation of daily demand = 5 per day

I = Current Inventory = 150 sheets Service Level

P = 95% (Probability of not stocking out) q=d(L+D)z σ T+L-1

σ T+L-1= square root (T+L)=5 square root 14+10= 24.495

From Standard normal distribution, z = 1.64 for 95% Service Level (or 5% Stock out)

q=13.70*(14+10)+1.64(24.495)-150

= 218.97 →219 sheets

5 0
3 years ago
Read 2 more answers
After using market research to identify the target audience for his advertising campaign, jorge will next use this information t
beks73 [17]

Answer:

D. Set explicit and measurable objectives for the campaign.

5 0
3 years ago
g "1. How would each of the following events change the equilibrium financial market value of a company? (a)an increase in its c
Mekhanik [1.2K]

Answer:

a. Decrease

b. Decrease

c. Decrease

d. Increase

e. Increase

Explanation:

a. When the company's cost of production increases, this reduces the amount of profits they make. A lower than expected profit margin is frowned upon in the Financial market therefore some people will sell their shares in the company which will have the effect of decreasing market value.

b. An increase in a firm's cost of financing signals an increase in the riskiness of a company. It also means that the company will be paying more on interest which will reduce profits. These 2 thing will drive some investors away thereby reducing the market value.

c. A firm's value can be found by discounting its projected sales and dividends amongst others with a certain discount rate. If a higher rate is used, the present value and hence the market value figure will be less.

d. When there is an increase in Sales revenue, it signals profitability for a company. Investors love profitable companies and will buy more of the company stock which will drive up the price.

e. Projected future profits can be used to calculate present value as well as serve as an indication of future profitability. Investors will buy more shares and drive up the market value.

3 0
3 years ago
Brenda young desires to have $15,000 eight years from now for her daughter's college fund. if she will earn 6 percent (compounde
labwork [276]

Present value PV= FV(1/(1+r)^n)

PV = Present Value

FV = Future Value

r= rate

n= number of years

Just plug in the numbers and calculate.

7 0
3 years ago
Read 2 more answers
If a certain household earns and spends $24,000 per year and, on the average, holds a money balance of $6,000, then the velocity
solong [7]

If a certain household earns and spends $24,000 per year and, on average, holds a money balance of $6,000, then the velocity of money for this household is 4.

A household consists of one or more people who live in the same dwelling and share meals. It can also consist of a single-family or another group. Households are the basic unit of analysis in many social, microeconomic, and government models and are important to economics and inheritance.

The definition of household relates to family or social units living together, or household behavior. You and your family members who live with you are an example of your household. Budgets and checkbooks are examples of household budget tools.

Learn more about household here:brainly.com/question/9417571
#SPJ4

4 0
2 years ago
Other questions:
  • Which of the following is a characteristic of a good roasting pan? A. Low sides B. High sides C. A tight-fitting lid D. Allows j
    13·1 answer
  • 1. Do you believe E-sports will continue to grow in the future? Why or why not?
    5·2 answers
  • What factors underlay the decision by Volkswagen to invest directly in automobile production in Russia? Why was FDI preferable t
    9·1 answer
  • Arthur corporation has a margin of safety percentage of 25% based on its actual sales. the break-even point is $300,000 and the
    10·1 answer
  • You will want to list your work content skills, functional skills, educational history, and work experience in your?
    11·2 answers
  • Describe a problem you face in your everyday life or at work. How might you use hypothesis testing to find a solution or improve
    7·1 answer
  • At the level of middle management, the database must be able to ________ . Group of answer choices:O provide a framework for def
    10·1 answer
  • Accounts Receivable Analysis A company reports the following: Sales $1,182,600 Average accounts receivable (net) 43,800 Determin
    15·1 answer
  • Developmentalists believe that life-span development is ______ because it consists of interactions of biological, cognitive, and
    15·1 answer
  • Explain what is visual media,and elaborate on its advantage and disadvantage
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!