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3 years ago

Job 243 was recently completed. The following data have been recorded on its job cost sheet:______.

Business

1 answer:

MAVERICK [17]3 years ago

5 0

Answer:

$16.14

Explanation:

Computation for the unit product cost that would appear on the job cost sheet

First step is to find the Total cost

Direct Material Cost 56,870

Direct Labor 6,305

Manufacturing Overhead Cost 6,226

Total Cost $69,401

Second step is to find the unit product cost

Using this formula

Unit product cost= Total Cost ÷ Number of units

Unit product cost= $69,401÷ 4,300

Unit product cost= $16.14

1) Calculation for Direct Labor Cost

Wage rate = $13 per labor hour

Direct Labor hours = 485

Direct Labor Cost = 485 * $13

Direct Labor Cost = $6,305

2) Calculation for Manufacturing Overhead Cost

Overhead rate = $11 per machine hour

Total machine hours = 566

Manufacturing Overhead Cost = $566*11

Manufacturing Overhead Cost =$6,226

Therefore the unit product cost that would appear on the job cost sheet will be $16.14

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A student is writing a research paper about the poetry of the Harlem Renaissance. Which style guidelines will the student most l

Feliz [49]

Answer:

B: Modern Language Association (MLA)

Explanation:

I'm taking the BIM Cumulative Exam 2022

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2 years ago

If 86,500 pounds of raw materials are needed to meet production in august, how many pounds of raw materials should be purchased

kakasveta [241]

6,200 pounds of raw materials should be purchased in July.

<h3>What are raw materials?</h3>

Raw materials are the goods or inventories required by a company to make its products.
Steel, oil, corn, grain, gasoline, lumber, forest resources, plastic, natural gas, coal, and minerals are examples of raw materials.

The raw material purchases for July are computed as follows:

Required production in units of finished goods.
Units of raw materials needed per unit of finished goods.
Units of raw materials are needed to meet production.
Add desired units of ending raw materials inventory.
Total units of raw materials needless units of beginning raw materials inventory.
Units of raw materials to be purchased.

71,000 pounds × 10% = 7,100 pounds.

62,000 pounds × 10% = 6,200 pounds.

Therefore, 6,200 pounds of raw materials should be purchased in July.

Know more about raw materials here:

brainly.com/question/511243

#SPJ4

The correct question is given below:

If 71,000 pounds of raw materials are needed to meet production in August, how many pounds of raw materials should be purchased in July?

5 0

2 years ago

What is the eventual effect on real GDP if the government increases its purchases of goods and services by $50,000? Assume the m

Finger [1]

Answer:

a. The real GDP increases by $200,000.

a. The real GDP increases by $150,000.

Explanation:

a. What is the eventual effect on real GDP if the government increases its purchases of goods and services by $50,000?

Eventual effect on real GDP = Amount of increase in government spending * (1 /(1 - MPC)) = $50,000 * (1 / (1 – 0.75)) = $200,000

Therefore, the real GDP increases by $200,000.

a. What is the eventual effect on real GDP if the government, instead of changing its spending, increases transfers by $50,000?

Eventual effect on real GDP = (Amount of increase in government transfers * (1 /(1 - MPC))) - Amount of increase in government transfers = ($50,000 * (1 / (1 – 0.75))) - $50,000 = $150,000

Therefore, the real GDP increases by $150,000.

3 0

3 years ago

An investor owns $8,000 of Adobe Systems stock, $9,000 of Dow Chemical, and $9,000 of Office Depot. What are the portfolio weigh

Grace [21]

Answer:

Adobe System

0.3077 ± 0.001

Dow Chemical

0.3462 ± 0.001

Office Depot

0.3462 ± 0.001

Explanation:

Calculation for the portfolio weights of each stock

First step is to calculate the Total portfolio

Total portfolio = $8,000 + $9,000 + $9,000

Total portfolio == $26,000

Last step is to calculate the portfolio weights of each stock

Adobe System weight = $8,000 / $26,000

Adobe System weight = 0.3077

Dow Chemical weight = $9,000 / $26,000

Dow Chemical weight = 0.3462

Office Depot weight = $9,000 / $26,000

Office Depot weight= 0.3462

Therefore the portfolio weights of each stock will be :

Adobe System

0.3077 ± 0.001

Dow Chemical

0.3462 ± 0.001

Office Depot

0.3462 ± 0.001

7 0

3 years ago

How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competiti

Marysya12 [62]

<span>In a monopoly, prices are usually higher
because there's no competition,
whereas in a competitive market items which are not priced orderly may never sell
so correct option is A
hope it helps

</span>

6 0

4 years ago

Read 2 more answers