Answer:
Overhead= $3,212
Explanation:
Giving the following information:
Sigma Corporation applies overhead costs to jobs based on direct labor cost.
Job W, which is still in process at year-end, shows charges of $2,700 for direct materials and $4,400 for direct labor.
Job V:
$6,300 for direct materials.
$8,500 for direct labor.
$6,205 for overhead on its job cost sheet.
First, we need to calculate the overhead rate.
Overhead rate= 6205/8500= $0.73 per direct labor dollar
Job W:
Direct labor= 4,400
Overhead= 4,400*0.73= $3,212
Answer:
Formal tax legislation is the process by which a proposed tax rule or tax change may become law in the United States. Formal tax legislation follows specific steps as defined by the U.S. Constitution.
Explanation:
Explanation:
think the answer is E all of the Above
Answer:
contribution margin ratio= 0.4
Explanation:
Giving the following information:
Selling price per unit= $20
Unitary variable cost= $12
<u>To calculate the contribution margin ratio, we need to use the following formula:</u>
contribution margin ratio= (selling price - unitary variable cost) / selling price
contribution margin ratio= (20 - 12) / 20
contribution margin ratio= 0.4
A business that does not need a full-time accountant, would most likely use a public accountant in which services are exchanged for a fee.
<h3>Who is an accountant?</h3>
An accountant is a professional who is responsible for analyzing and interpreting financial records of an organization. He also keeps the financial records of business or firm that employs him.
The role of an accountant include performing accounting functions such as:
- Analyzing accounts
- Auditing
- Reporting the financial transactions of a person or a business.
Learn more about accountants here: brainly.com/question/13433103
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