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3 years ago

One type of manufacturing procedure would be: equipment,

Business

1 answer:

kirill115 [55]3 years ago

8 0

B. Raw Materials

All states were scavenging for the right material to manufacture goods for their factories

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Pajama Corp. uses direct materials (fabric, thread, buttons), and direct labor (cutting, sewing labor) to make each pair of paja

RUDIKE [14]

Question Completion:

Estimated manufacturing overhead costs = $156,000

Estimated direct labor cost = $390,000

Estimated direct materials cost = $350,000

Answer:

Pajama Corp.

The cost driver rate = $0.40 per DL cost.

Explanation:

a) Data and Calculations:

Estimated manufacturing overhead costs = $156,000

Estimated direct labor cost = $390,000

Estimated direct materials cost = $350,000

Cost driver rate = $0.40 ($156,000/$390,000)

b) To calculate the cost driver rate, Pajamas Corp. divides the total estimated manufacturing overhead costs by the cost driver (direct labor cost). This implies that the cost driver rate is the total cost of activity pool divided by its cost driver. This yields the amount of overhead and indirect costs related to a particular activity.

7 0

2 years ago

Wilmington Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead c

leva [86]

Answer:

1. $3,380

2. $2,175

Explanation:

Part 1

Predetermined overhead rate = Total Overheads for the Company ÷ Total Direct labor-hours for the Company

= $ 15,080,000 ÷ 232,000

= $65

Overheads applied to Job Bravo = ( 30 x $65) + (22 x $65) = $3,380

Part 2

Assembly department

Predetermined overhead rate = $ 7,250,000 ÷ 145,000

= $50

Assembly department

Predetermined overhead rate = $ 7,830,000 ÷ 290,000

= $27

Overheads applied to Job Bravo = (30 x $50) + (25 x $27) = $2,175

3 0

3 years ago

Savickas Petroleum's stock has a required return of 12%, and the stock sells for $43 per share. The firm just paid a dividend of

Elodia [21]

Given Data:

The return = 12%

Stock price = $43/share

Dividend = $1.00

Growth rate = 30% per year

 D₄ = $1.00 × (1.30)⁴

 = $2.8561.

Stock's expected constant growth rate after t = 4

Stock's expected constant growth rate:

X = 6.34%

6 0

3 years ago

Read 2 more answers

The purpose of determining the critical path on a pert network is to: identify the sequence of tasks that takes the longest to c

natita [175]

Answer:

Identify the sequence of tasks that take the longest to complete

Explanation:

Program Evaluation and Review Technique (PERT) is a project management tool that is used to manage potential contingencies in the process of executing a project. It is used to schedule ,organize and coordinate tasks in a project.

Determining the critical path on a PERT network lists out the time required for different tasks to be completed and as a result , the sequence of tasks that require the longest time are identified.

3 0

3 years ago

Read 2 more answers

The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation:

Gnoma [55]

Answer and Explanation:

The calculations are given below:

1. Total current assets

we know that

Current ratio = Current assets ÷ current liabilities

where,

Current liabilities is

= Accounts payable + Accrued interest + Salaries payable

= $47,000 + $1,000 + $19,000

= $67,000

And,

Current ratio = 1.6:1

So,

Total current assets is

= 1.6 × $67,000

= $107,200

b. Short term investment is

Short term investment = Total current assets - Cash and cash equivalents - Accounts receivables - Inventories

= $107,200 - ($5,800 + $28,000 + $68,000)

= $5,400

c. Now retained earning is

Total assets

= Total current assets + Property, plant and equipment

= $107,200 + $160,000

= $267,200

Total liabilities is

= Current liabilities + Notes payable

= $67,000 + $38,000

= $105,000

Now Retained earnings is

= Total assets - Total liabilities - Paid in capital

= $267,200 - $105,000 - $140,000

= $22,200

4 0

2 years ago