1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nana76 [90]
3 years ago
14

Newhard Company assigns overhead cost to jobs on the basis of 111% of direct labor cost. The job cost sheet for Job 313 includes

$27,656 in direct materials cost and $10,400 in direct labor cost. A total of 1,550 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313?
Business
1 answer:
tekilochka [14]3 years ago
3 0

Answer:

a. The total manufacturing cost assigned to Job 313 is $49,600

b.  The unit product cost for Job 313 is $32

Explanation:

a. The computation of the total manufacturing cost is shown below:

= Direct materials cost + direct labor cost + overhead cost

= $27,656 + $10,400 + 111% of direct labor cost

= $27,656 + $10,400 + $11,544

= $49,600

b. The formula to be used for calculating the unit product cost which is shown below

= Total manufacturing cost ÷ number of units produced

=  $49,600 ÷ 1,550 units

= $32

You might be interested in
When she makes a presentation, Alice wants to see thumbnails and assess the slide sequence to make quick changes to it. Which vi
eduard

She should use the regular view

8 0
4 years ago
Read 2 more answers
Projects that compete with one another, so that the acceptance of one eliminates the others from further consideration are calle
Alexus [3.1K]

Answer:

The answer is B.

Explanation:

In capital budgeting, Companies evaluate the proposed projects at hand. Due to the paucity of fund, all projects wont be selected even if they all have positive net present value is the main determinant in choosing project to invest in.

Mutually Exclusive projects are projects that are competing with one another in which only one will be selected and once this particular project is selected the rest wont be considered again.

Whereas, independent projects are those projects that do not compete with any other project. Its cash flow does not have a negative impact on the others

7 0
3 years ago
Which of the following is NOT one of Modigliani and Miller's set of conditions referred to as perfect capital markets?
kolbaska11 [484]

Answer:

c

Explanation:

here are their assumptions

  1. All expectations on expected cash flows are homogenous
  2. bonds and shares are traded in perfect markets - there are no transaction costs. two investments with identical cash flows, terms and risk must trade at the same price
  3. investors can borrow and lend at the risk free rate
  4. there are no agency cost
  5. investing and financing decisions are independent of each other
4 0
3 years ago
Explain why the marginal rate of technical substitution is likely to diminish as more and more labor is substituted for capital.
Likurg_2 [28]

Answer: This is because the marginal rate of technical substitution is the ratio of the marginal product of labour to that of capital and for the output to be constant opportunity cost comes in, one input has to be reduced to increase the other input.

Explanation:

The marginal rate of technical substitution (MRTS) shows the amount by which the quantity of an input can be lowered when an extra unit of another input is​ utilized on order for the output to remain constant.

The marginal rate of technical substitution is likely to reduce as more capital is substituted for labor because the marginal rate of technical substitution is the ratio of the marginal product of labour to that of capital and for the output to be constant opportunity cost comes in, one input has to be reduced to increase the other input.

8 0
4 years ago
When all employees are exceedingly clear about what is expected from them, guidelines for task completion are clear and understo
dalvyx [7]

Answer:

The correct answer is letter "D": autocratic.

Explanation:

Autocratic leadership is characterized by having the leader explain exactly the parameters of how things must be done within an organization, set what objectives the group mus reach, and control every activity without significant influence of the subordinates. Autocratic leaders hardly ever take the subordinates' advice.

7 0
3 years ago
Other questions:
  • Raktida is the manager a popular Italian Restaurant on Mott Street. She wants to predict her guest counts for the first week of
    10·1 answer
  • A popular television show, the unexpected, achieved skyrocketing ratings after moralist tom bowman attempted to have it removed
    12·1 answer
  • While shopping you discover that your favorite department store has lowered the price on a hot new MP3 player that you wanted to
    5·1 answer
  • Have you ever been disciplined for or the subject of an administrative order relating to conduct or practices involving any aspe
    12·2 answers
  • Today’s job seekers can choose whether to use technology to apply for any job or they can submit paper versions of all documents
    5·2 answers
  • Fabiola is an accountant with Rovers and Associates, a law firm in downtown Memphis. The firm maintains a checking account with
    15·1 answer
  • A foodborne pathogen that can cause meningitis is _____.
    7·1 answer
  • After researching the different forms of business organization, Natalie Koebel decides to operate "Cookie Creations" as a corpor
    15·2 answers
  • Bondholders are the owners of the corporation. true or false.
    7·1 answer
  • Larry and Susan work in an office near Tractor-ama and Tip Top Tractors, wholesale tractor sellers on the same block. Larry noti
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!