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
Crank
3 years ago
13

Iglesias, Inc. completed Job 12 on November 30. The details of Job 12 are given​ below: Direct labor cost $ 840 Direct materials

cost $ 1 comma 300 Machine hours 8 hours Direct labor hours 22 hours Predetermined overhead allocation rate $ 90 per machine hour What is the total cost of Job​ 12? A. $ 1 comma 560 B. $ 2 comma 020 C. $ 2 comma 140 D. $ 2 comma 860
Business
1 answer:
Slav-nsk [51]3 years ago
5 0

Answer:

D. $ 2 comma 860

Explanation:

The total cost for the job consist of the direct cost and the indirect  or over head cost incurred in the production process. The overhead is usually a function of direct labour or machine hours.

Given;

Direct labor cost = $ 840

Direct materials cost = $1300

Machine hours = 8 hours

Direct labor hours = 22 hours

Predetermined overhead allocation rate  = $ 90 per machine hour

Therefore,

Overhead cost = $90 × 8 = $720

Total cost = $840 + $1300 + $720

= $2860

You might be interested in
YASHARI earns $27,000 per year, is single, and lives in Wyoming. She has $7000 in subsidized loans and another $19,000 in unsubs
Georgia [21]

Answer:

Hello your question has some missing part below is the missing part

Yashari’s monthly take-home pay is $1850. What percentage of her paycheck will go toward student loans if she chooses standard repayment? Does that payment amount seem reasonable? Why or why not?

answer :

14.43% of his paycheck

The payment amount is reasonable ( $ $32035 )

Explanation:

Subsidized loans = $7000

unsubsidized loans = $19000

Annual earnings = $27,000

Monthly pay = $1850

<u>solution </u>

If Yashari chooses the standard repayment the percentage of her paycheck that will go for repayment will be 14.43% while the interest rate will be 4.3%

Therefore the total repayment will be $32035 which is a reasonable amount

<u />

<u />

<u />

<u />

<u />

8 0
3 years ago
Carson company on july 15 sells merchandise on account to tayler co. for $2,000, terms 2/10, n/30. on july 20 tayler co. returns
julsineya [31]

The amount of cash received will be the net of discounts and sales returns.

Given,

the sales = $ 2,000

The sales return = $ 800

The discount will be allowed only if the payment is made within the discounts period i.e. 10 days. The sales were made in 15th July and Payment is made on 24th July, thus Carson company is eligible for the discount. The discount will be calculated on the sales net of returns

Net sales = $ 2,000 - $ 800 = $ 1200

Discount = 2 % X $ 1,200 = $ 24

The cash received = $ 2,000 - $ 800 - $ 24 = $ 1,176

5 0
3 years ago
One of two methods must be used to produce expansion anchors. Method A costs $80,000 initially and will have a $15,000 salvage v
kaheart [24]

Answer:

Method b

Explanation:

Present worth can be calculated using a financial calculator

For method A ,

Cash flow in year 0 = $80,000

Cash flow in year 1 and 2 = $30,000

Cash flow in year 3 = $30,000 - $15,000 = $15,000

I = 12%

Present worth = $141,378.23

For method B,

Cash flow in year 0 = $120,000

Cash flow in year 1 and 2 = $8, 000

Cash flow in year 3 = $8,000 - $40,000 = $-32,000

I = 12%

Present worth = $110,743.44

Method b would is chosen because it worth less.

To find the present worth using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

4 0
3 years ago
Is it possible to be a billionaire without getting a job, just by being an entrepreneur?
Akimi4 [234]
Anything is possible if you believe!!!
8 0
3 years ago
Bobby Darling is the only employee of Atlantic Records, Inc. During the first week of January, Darling earned $2,600.00 and had
devlian [24]

Answer:

$387.40

Explanation:

FICA Taxes ($2,600 x 7.65%)                              $198.90

State Unemployment Taxes                                $162.50

Federal Unemployment Tax                                 $26.00

Employer's payroll tax expense for the week  $387.40

Social Security and Medicare are combined called as FICA taxes and employer made the same contribution as of employee.

State and Federal Unemployment Tax is solely for employer only.

The rest are employee related taxes.

7 0
3 years ago
Other questions:
  • The cost accountants at the Doering Company regressed total overhead costs and direct labor hours for the past 30-months and rep
    6·1 answer
  • E-training for government officials is an example of a ____ application.
    5·1 answer
  • Cheese Factory Incorporated reported the following information for the fiscal year ended August 31, 2015.
    6·1 answer
  • What is the consumer's ability and desire to buy goods and services called?
    9·1 answer
  • What-if analysis works forward from known or assumed conditions?
    6·1 answer
  • A(n) ________ represents a condensed version of the registration statement that enables prospective investors to evaluate a stoc
    9·2 answers
  • Which describes the process of diagnosing an organization's external and internal environments, including deciding on a vision a
    13·1 answer
  • You have decided that you would like to own some shares of GH Corp. but need an expected 12% rate of return to compensate for th
    11·1 answer
  • ZOOm you there lets get on.
    12·2 answers
  • WILL GIVE BRAINLIEST! Why would someone choose to start a company as a Franchise rather than a Sole Trader or Partnership?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!