Answer:
A) manufacturing costs= $37,000
B) Unitary cost= $37
Explanation:
Giving the following information:
Newhard Company assigns overhead costs to jobs based on 125% of direct labor cost.
The job cost sheet for Job 313 includes $10,000 in direct materials cost and $12,000 in direct labor cost.
A total of 1,000 units were produced in Job 313.
A) manufacturing costs= direct materials + direct labor + manufacturing overhead
manufacturing costs= 10000 + 12000 + (12000*1.25)= $37,000
B) Unitary cost= 37000/1000= $37
Answer:
D)-26%
Explanation:
The computation of the realized return on your investment is shown below:
= (Rate of return × total investment) - (interest paid)
= (-10% × $20,000) - (6% × $1,000)
= (-$2000 - $600)
= -$2,600
Now the Rate of return is
=(-$2,600 ÷ $10,000)
= -26%
hence, the realized return on your investment is -26%
Therefore the correct option is D.
