Answer:
$147,000
Explanation:
Calculation to determine what The amount of overhead debited to Work in Process Inventory should be:
Using this formula
Overhead debited to Work in Process Inventory=Factory labor costs*Predetermined overhead rate
Let plug in the formula
Overhead debited to Work in Process Inventory=$210,000*70%
Overhead debited to Work in Process Inventory=$147,000
Therefore The amount of overhead debited to Work in Process Inventory should be:$147,000
Answer:
NPV = $750,598.49
Explanation:
Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows
Payback period = amount invested / cash flow = $1,400,000 / $350,000 = 4 years
Net present value is the present value of after tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Cash flow in year 0 = $-1,400,000.
Cash flow each year from year 1 to 10 = $350,000.
I = 10%
NPV = $750,598.49
To find the NPV using a financial calculator:
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
D. leniency is based on when somebody rates an employee too high. Strictness error is when somebody was rated very very low.
Answer:
b.$995,000
Explanation:
Jensen Company
Direct materials used $345,000
Direct labor incurred 250,000
Factory overhead incurred 400,000
Product cost $995,000
Therefore Jensen Company's product costs is $995,000
Direct materials used $345,000 + Direct labor incurred 250,000 +Factory overhead incurred 400,000 =$995,000
Answer:
personal care service workers because they know what they are doing and are good
