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Mkey [24]
3 years ago
6

Leisure Industries manufactures​ custom-designed playground equipment for schools and city parks. Leisure expected to incur $ 62

7 comma 000 of manufacturing overhead​ cost, 41 comma 800 of direct labor​ hours, and $ 919 comma 600 of direct labor cost during the year​ (the cost of direct labor is ​$22 per​ hour). The company allocates manufacturing overhead on the basis of direct labor hours. During September​, Leisure completed Job 309. The job used 160 direct labor hours and required $ 13 comma 000 of direct materials. The City of Hamptonville has contracted to purchase the playground equipment at a price of 23 % over manufacturing cost. . Calculate the manufacturing cost of Job 309. 2. How much will the City of Hamptonville pay for this playground​ equipment?
Business
1 answer:
inn [45]3 years ago
6 0

Answer:

Price= $85263,6

Explanation:

We need to calculate the price paid by the City of Hamptonville for playground equipment.

We know the following information:

Direct material= $13000

Direct labor= 160hours*$22hour= $3520

Manufacturing overhead: it is assigned on labor hours.

We need to calculate the value of manufacturing overhead.

Labor hours presupuested= $41800/$22hour= 1900hours

$/hour of manufacturing overhead= $627000/1900hours= $330

<u>Manufacturing overhead Job 309= 330*160hours= $52800</u>

Manufacturing cost Job 309= direct material + direct labor + Manufacturing overhead= 13000 + 3520 + 52800= $69320

Price=69320*1.23= $85263,6

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Answer:

The correct answer is A

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3 years ago
Suppose that the adult population in the town of Springfield is 225 million. If 40 million are unemployed and 100 million are em
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Answer:

a) 29%

Explanation:

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This is further explained below.

<h3>What is transformational processes?</h3>

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complete question

Based on the systems viewpoint, a restaurant's ability to accept cash, credit, or both, is associated with which part of a system? Multiple Choice

financial

transformational processes

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feedback

inputs

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