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klio [65]
3 years ago
13

​Cooper's Company manufactures custom engines for use in the lawn and garden equipment industry. The company allocates manufactu

ring overhead based on machine hours. Selected data for costs incurred for Job 798 are as​ follows: Direct materials used $ 4 comma 900 Direct labor hours worked 330 Machine hours used 425 Direct labor rate per hour $ 21 Predetermined overhead rate based on machine hours $ 28 What is the total manufacturing cost of Job​ 798?
Business
1 answer:
hodyreva [135]3 years ago
3 0

Answer:

Total manufacturing cost= $23,730

Explanation:

Giving the following information:

The company allocates manufacturing overhead based on machine hours.

Job 798:

Direct materials used $ 4,900

Direct labor hours worked 330

Machine hours used 425

Direct labor rate per hour $ 21

Predetermined overhead rate based on machine hours $ 28

Total manufacturing cost= direct material + direct labor + MOH

Total manufacturing cost= 4900 + 330*21 + 425*28= $23,730

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An academic essay should always open with a centered title at the top of the first page.
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3 years ago
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Alex

Answer:

=$ 25,500

Explanation:

cash equivalents will be petty cash + cash at bank

= 500+20,000+5000

=$ 25,500

Cash or cash equivalent refers to assets held in the form of cash or can easily convert into cash in less than 90 days. Examples of cash include petty cash, cash in hand, cash in the bank, and debt securities whose maturity is within 90 days. Cash or cash equivalent appears at the top on the list of assets in a balance sheet.

Marketable debt securities are short-term to bond issued by a corporation and held by another company. They are listed as a current asset if they are to be sold within one year to long term investment if they are expected to last longer. Marketable equity securities are capital instruments. They are listed as current assets if they are to be liquidated in one year or long term investment if longer.

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4 years ago
L Corporation produces and sells 15,300 units of Product X each month. The selling price of Product X is $23 per unit, and varia
Arlecino [84]

Answer:

<em><u>It would generate a financial disadvantage for 62,800</u></em>

Explanation:

\left[\begin{array}{cccc}-&continued&discontinued&differential\\Sales&351,900&0&-351,900\\Variable&-260,100&0&260,100\\Contribution&91,800&0&-91,800\\Fixed&-103,000&-74,000&29,000\\total&-11,200&-74,000&-62,800\\\end{array}\right]

It would generate a financial disadvantage for 62,800

Because the product, while is having a loss, their contribution cover is enought to cover at least the avoidable fixed cost.

5 0
3 years ago
Product market comparisons that focus on labor costs are likely to deserve greater weight when:.
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Product market comparisons that focus on labor costs are likely to deserve greater weight when product demand is inelastic.

<h3>What is the product market?</h3>

The product market is defined as the marketplace where final items or services are sold to firms and the government.

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When product demand is inelastic, product market comparisons that focus on labor costs are more likely to be valuable.

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3 years ago
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Answer:

The correct answer is "Payback period, internat rate of return and net present value".

Explanation:

Which methods of evaluating a capital investment project use cash flows as a measurement basis?

Payback period, internat rate of return and net present value

The payback period: is used to determine how much asset is back after the initial saving; The internal rate of return: is used to measure potential profit from an investment; The net present value: is used to determine the worth of all the company's assets

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3 years ago
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