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GuDViN [60]
3 years ago
7

Next Generation's predetermined overhead rate is $16 per direct labor-hour and its direct labor wage rate is $11 per hour. Job #

1987 used $1,202 of direct materials and $5,500 of direct labor.
Question:
If Job #1987 consists of 100 units, what is the average cost assigned to each unit included in the job?
Business
1 answer:
Pavel [41]3 years ago
3 0

Answer:

Unitary cost= $147.02

Explanation:

Giving the following information:

Next Generation's predetermined overhead rate is $16 per direct labor-hour and its direct labor wage rate is $11 per hour. Job1987 used $1,202 of direct materials and $5,500 of direct labor.

First, we need to calculate the allocated overhead to Job 1987:

direct labor hours= 5,500/11= 500 hours

Allocated overhead= 500*16= $8,000

Now, we can calculate the total cost and unitary cost of Job 1987:

Total cost= 1,202 + 5,500 + 8,000= $14,702

Unitary cost= 14,702/100 units= $147.02

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3 years ago
On January 2, The Public Legal Clinic issued Check 2108 for $370 to establish a petty cash fund. Indicate how this transaction w
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6 0
1 year ago
Which of the following is not descriptive of external environmental scanning? used as a tool for corporations to avoid strategic
julsineya [31]

Answer:

used to identify major stockholders

Explanation:

Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information  in an organisation's external and internal environment. The informations acquired through environmental scanning is then used by the executive management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.

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Generally, the external environmental scanning gives an overview of the opportunities in the market as well as potential threats to an organization.

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3 years ago
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true is the answer for sure !!

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