Answer:
(a) Plant wide predetermined overhead rate:
= 30
Manufacturing overhead applied Job A:
= Total direct labor hours × Plant wide predetermined overhead rate
= 15 × 30
= 450
Manufacturing overhead applied Job A:
= Total direct labor hours × Plant wide predetermined overhead rate
= 9 × 30
= 270
(b) Departmental predetermined overhead rates:
= 30
= 1.2
Manufacturing overhead applied Job A:
= (Machining machine hours × 30) + (Assembly direct labor hours × 1.2)
= (11 × 30) + (10 × 1.2)
= 330 + 12
= 342
Manufacturing overhead applied Job B:
= (Machining machine hours × 30) + (Assembly direct labor hours × 1.2)
= (12 × 30) + (5 × 1.2)
= 360 + 6
= 366
Answer:
bundle pricing
Explanation:
Bundle pricing
Bundle pricing is a marketing strategy in which company want to sell their products and services in price lower than they actually charge. The reason behind inducing bundle pricing is to allow customer to have more services and products by giving them discount.
In other words bundle pricing is mean to offer heavy discount in order to make huge profit by selling their products in large number.
Answer;
Ensure the protection of human research subjects and data integrity.
The overall goal of monitoring, audits and inspection activities is to ensure the protection of human research subjects and data integrity.
Explanation;
-Monitoring is the act of overseeing the progress of a clinical trial, and of ensuring that it is conducted, recorded, and reported in accordance with the protocol, SOPs, GCP and applicable regulatory compliance.
-Inspection is a review conducted by a regulatory authority to assure human subject protections and regulatory complication and to verify the data.
Answer:
Grouper Inc. is involved in a lawsuit at December 31, 2020
It is given that Grouper will be liable for $863,600 as a result of this suit. Therefore, the journal entry for this situation is as follows;
On December 31, 2020
Lawsuit loss A/c Dr. $863,600
To Lawsuit liability $863,600
(To record the lawsuit loss of the Grouper Inc.)
Answer:
Option (b) is correct.
Explanation:
Given that,
Budgeted production (September) = 50,000
Direct labor time for producing each sneaker = 2 hours
Direct labor wages average = $15 per hour
Direct labor budget for September:
= Budgeted production of sneaker in September × direct labor time require for each sneaker × Direct labor wages average per hour
= 50,000 × 2 hour × $15
= $1,500,000
Therefore, the direct labor cost budgeted for September is $1,500,000.
