Answer:
Total cost for Job 9-1005 = $ 5,085
Explanation:
Calculation for total cost for Job 9-1005
Direct materials
Q-4698 $1,250
Q-4725 <u>$1,000</u>
<u>Total Direct material cost = $ 2,250</u>
Direct labor
W-3393 $ 600
W-3479 $ 450
W-3559 <u>$ 300</u>
<u>Total direct labour Cost = $ 1,350</u>
add: Overhead cost 110% of total direct labor cost: $1,350×110%= $1,485
Total Cost on Job is: $2,250+$1,350+$1,485 = $5,085
Answer:
Apportioned set-up cost
Plus =$21,600
Max=$43,200
Explanation:
Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers.
<em>Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers. </em>
<em>The cost driver in this scenario is the number of set-ups</em>
Activity rate per driver is calculated as:
Activity overhead for the period / Total cost drivers for the period
So, we can apply this formula to the scenario above:
Set-up overhead= $64,800
Total set-ups for the period = 20 + 40 = 60
Overhead cost per set-up = $64,800/60=1,080
Set-up cost allocation:
Plus - 20 × 1,080=$21,600
Max- 40 × 1,080=$43,200
Apportioned set-up cost
Plus =$21,600
Max-=$43,200
Answer:
A) horizontal lines
Explanation:
An indifference curve is a curve that shows the two combinations of goods that gives a consumer equal satisfaction.
If Monroe's utility doesn't increase with the consumption of crab cakes, his indifference curve would be a horizontal line. This is because crab cakes and tuna are perfect subsistuites. Monroe would be willing to substitute tuna for crab cakes as he doesn't derive any satisfaction from consuming tuna.
I hope my answer helps you
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Answer:
$362,000
Explanation:
The market value of the building is an opportunity cost that is avoidable.
Ramos would avoid the real estate taxes if it sold the building.
Therefore,
Amount of avoidable cost associated with the segment:
= Annual advertising expense + Market value of the building (opportunity cost) + Annual maintenance costs on equipment + Annual real estate taxes on the building + Annual supervisory salaries
= $ 70,000 + $80,000 + $56,000 + $6,000 + $150,000
= $362,000
