Answer:
Total cost= $9395
Explanation:
Giving the following information:
The company has two departments: Assembly and Sanding.
The Assembly Department:
Departmental overhead rate of $35 per machine hour.
The Sanding Department:
Departmental overhead rate of $20 per direct labor hour.
Job 603:
Direct labor hours used 85
Machine hours used 107
The cost of direct labor is $30 per hour
Direct materials used= $1,400.
Total cost= direct materials + direct labor + manufacturing overhead
Total cost= 1400 + $30*85 + [(107*$35)+(85*$20)]
Total cost= 1400 + 2550 + 5445
Total cost= $9395
If you put my info in this I could have answered this
Answer:
1. It has worsened
2. Yes (refer details below)
3. Refer details below
Explanation:
1. Performance
The performance of the company over the last three years has worsened as indicated by declining sales and decreasing current ratios impacting profitability and liquidity of the company.
2. Concerns
One of the most important concern for the company is its declining sales. It shows that the products are not competitive. Current ratios indicates liquidity crisis since they are decreasing.
3. Recommendations
The company's turnover ratio is high, which may indicates payments are being received timely, and hence the co. should take advantage of that
Low inventory turnover, on the other hand, indicates weaker sales and declining demand for a company’s products which is corroborated by the declining sales trend, the co. must increase its sales, launch new products, advertise aggressively.
