One of the advantages of communicating through email rather than through letters and telephone calls is

Predetermined Overhead Rate, Application of Overhead to Jobs, Job Cost

Ghella [55]

Answer:

See below

Explanation:

1. Predetermined overhead rates

= Applied overhead / Direct labor

Job 114

Applied overhead / direct labor

= $1,260/1,800

= 70%

Job 115

Applied overhead / direct labor

= $994/1,420

= 70%

Job 116

Applied overhead / direct labor

= $3,094/4,420

= 70%

2 and 3 Ending balance of each job and work in process as of April 30th.

Job 114. Job116

Opening. $2,384. $3,085

Materials

Purchases $16,800. $5,410

Direct labor

($1,800+$1,800) $3,600. $5,740

Actual $2,520 $4,018

Overhead

at 59.36%

Balance $25,304. $18,253

• Note

The whole of job 115 has been sold out.

• Actual overhead = Actual overhead / direct labor

= $4,535/7,640

= 59.36%

4 Cost of goods sold in April

Job 115

Opening materials. $2,603

Purchases. $12,460

Direct labor

($1,420 + $3,080). $4,500

Actual overhead. $3,150

at 59.36%

Cost of goods sold $22,713

5. Selling price of job

Cost of job 115 = $22,713

Selling price = 1.25% × $22,713 = $28,391

4 0

3 years ago

When the budget is in deficit, the government generally:

IceJOKER [234]

When the government is in deficit, it A) increases the public debt.

Hope this helps! :)

4 0

3 years ago

Read 2 more answers

Suppose market forces outside of the control of the Chinese government are causing the price of Chinese yuan in terms of Japanes

pochemuha

Answer:

A. file a pegging application with one of the three international currency-management agencies.

8 0

3 years ago

Carol is a vice president for sales and marketing at her company. She conducts a survey asking customers their impressions of th

leva [86]

Answer: 1) Carol can use the surve results to . identify the building blocks of competitive advantage and develop strategies to use them to increase profitability and in this way try to get the most out of it.

2) Strategically, managers who have identified these advanced factors should <u>take steps to protect these assets, either formally or as a trade secret, optimize the company's use of them and not outsource them to other firms </u>because it is convenient to try that the competition does not find out about the use of this factor of production so that it cannot imitate them and thus be able to gain a greater market share to the competition.

3) The statement "in response to requests from customers for healthier food on the menu, a restaurant tweaks its recipe for its most popular sandwich to remove processed ingredients and replace them with fresh vegetables." describes a strategy that adds value to multiple factors as it goes through several activities in the value chain because the company's decision to use less processed ingredients and more fresh vegetables not only facilitates production but also responds to a customer need, which will value the products even more.

8 0

3 years ago

Monty loaned his friend Ned $24,000 three years ago. Ned signed a note and made payments on the loan. Last year, when the remain

Airida [17]

Answer:

Short term capital loss and $10,800

Explanation:

Remaining balance - Capital gains

$18,000 - $7,200 = $10,800

Monty can report the bad debt of $18,000 as short term capital loss since it is expense for the business and receivables are not recoverable. This amount can be reported as loss of the business.

5 0

3 years ago