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attashe74 [19]
2 years ago
5

Edwards Auto Body uses a job order cost system. Overhead is applied to jobs on the basis of direct labor hours. During the curre

nt period, Job No. 337 was charged $425 in direct materials, $475 in direct labor, and $190 in overhead. If direct labor costs an average of $16 per hour, the company's overhead application rate is:________
A. $40 per direct labor hour.
B. $17.50 per direct labor hour.
C. $6.40 per direct labor hour.
D. $7.27 per direct labor hour.
Business
1 answer:
-BARSIC- [3]2 years ago
7 0

Answer:

C) $6.40 per direct labor hour.

Explanation:

The overhead application rate is used to estimate the manufacturing overhead for a specific project or reporting period.

overhead application rate = direct labor cost per hour / (total direct labor costs / total overhead costs)  

overhead application rate = $16 / ($475 / $190) = $16 / $2.50) = $6.40

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Levi owns a store that sells cooking products to end consumers. He has worked with the same supplier for many years and trusts h
zavuch27 [327]

Answer:

modified rebuy

Explanation:

A modified rebuy takes place when a buyer decides to make another purchase form his/her usual vendor, but the new purchase includes some different items or different characteristics than previous purchases. In this case, Levi is modifying the characteristics of the goods that he usually purchases from his usual vendor.

4 0
3 years ago
Is every leader a manager? Is every manager a leader? What skills do managers and leaders share? What skills make them different
anzhelika [568]

Answer:

Managers must cope with a great level of complexity, which is common in information systems. Organizations manage complexity by planning, budgeting, staffing, job clarification, performance measurement, and problem-solving. A leader achieves strategic results by positioning the organization to add value to the campus, leading people to excellence, collective achievement, and fulfillment is no small task, but it is eminently rewarding.

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8 0
2 years ago
Collin Printing began operations on January 1. On January 7, Collin purchased supplies on account for $1,000. At the end of Janu
Pie
Answer:
The proper adjusting journal entry at January 31
would: a) include a credit to Supplies for $400
Explanation:
On January 7, Bravo purchased supplies on
account for $1,000, and recorded this purchase to
the Supplies account by the entry:
Debit Supplies account $1,000
Credit Accounts Payable $1,000
At the end of January, Bravo had $600 of these
supplies still on hand. Supplies were used in
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The adjusting journal entry at January 31:
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5 0
2 years ago
Helpppppppp, please get correct!!!!
Bingel [31]
There are 52 weeks in a year right.

So in three years there are 156 weeks.

Now we are gonna multiply the saving amount per week, $62.50 by the 156 weeks.

$62.50 x 156 = $9,750

This is the amount that you put in your saving in three years.
6 0
2 years ago
Here is 20 points cause you earned it king/queen
Firlakuza [10]
Thank you! Have a wonderful Christmas:3
5 0
3 years ago
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