1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pogonyaev
3 years ago
15

Tandoi Furniture started and finished Job 310 during April.The company's records show that the following direct materials were r

equisitioned for Job 310:Direct Materials for Job 310:Lumber: 50 units at $5 per unitPadding: 11 yards at $13 per yardUpholstery fabric: 28 yards at $30 per yardLabor time records show the following employees (direct labor) worked on Job 310:Labor Time Records for Job 310:Jeff Paradise: 11 hours at $9 per hourJohn Maddock: 12 hours at $18 per hourTandoi allocates manufacturing overhead at a rate of $14 per direct labor hour.Requirements:1. Compute the total amount of direct materials, direct labor, and manufacturing overhead that should be shown on Job 310's job cost record2. Job 310 consists of six recliners. If each recliner sells for $725, what is the gross profit per recliner?
Business
1 answer:
mihalych1998 [28]3 years ago
6 0

Answer:

Total Direct Materials Cost               $ 1,233

Total Direct Labour Cost                   $   315

Total Manufacturing Overhead        $ 322

Profit per recliner                                $ 415

Explanation:

Computation of Direct Materials Cost

Lumber 50 units @ $ 5 per unit                                                    $ 250

Padding 11 yards @ $ 13 per yard                                                  $ 143

Upholstery fabric 28 yards @ $ 30 per yard                                <u>$ 840</u>

Total Material Cost                                                                       <u> $ 1,233</u>

Computation of Direct Labour Cost

Jeff Paradise 11 hours @ $ 9 per hour                                          $    99

John Maddock 12 hours @ $ 18 per hour                                     <u>$  216</u>

Total Labor Costs                                                                           <u>$ 315</u>

Computation of Manufacturing Overhead

Total number of hours     23 hours

Overhead rate $ 14 per direct labour hour

$ 23 per hour * $ 14 per hour                                                       <u> </u><u>$ 322</u>

Total Manufacturing Costs                                                          <u> $ 1,860</u>

Costs per recliner  $ 1,860/6                                                         <u>$ 310</u>

Sales price                                                                                       $ 725

Profit per recliner                                                                            $ 415                                                                          

You might be interested in
Discrimination lawsuits that go to court are very expensive, averaging over $200,000, so a well-crafted ________ can save an emp
frozen [14]

Answer:

Job description.

Explanation:

A job description is an internal document that a firm draws up to describe the responsiblities of a position, the required skill, and job requirements to perform a particular job role.

When a job description is well crafted it shows clearly what is required to hire a person for a job. This will reduce discrimination lawsuits because it will show clearly why a particular candidate was disqualified from the hiring process.

For example if a candidate was disqualified for not having a bachelor's degree, it should be well stated in the job description to avoid discrimination claims.

3 0
3 years ago
Richard makes monthly house payments that include a pro rated portion of real property taxes and insurance. The taxes and insura
cricket20 [7]

Answer:

Richard can deduct $1600 as real property tax during the current year.Only the tax amount paid by the mortgage company from the escrow account to taxing authority can be claimed as deduction.

3 0
3 years ago
When pan frying food with a stuffing, you may need to
olga nikolaevna [1]

Answer:

D finish it in the oven

Explanation:

7 0
2 years ago
You are expected to do a presentation of your business plan to a group of potential investors. Explain how you would respond to
UNO [17]
Questions from potential investors will be related to the functionality of the business plan presented. These questions have to be answered in a professional manner in the sense that the presenter has to be friendly and accommodating in his attitude. He should make eye contacts with the questioners. Each question should be answered with the goal of making the questioner understand the question that is bothering him or her. Answers should be given in a formal and explanatory tone that suggest that the presenter knows what he is talking about.
7 0
2 years ago
a cellular phone is a phone that is cellular" How might you explain to the speaker the problem with this assertion?
aleksley [76]
That the phone has data without internet making the phone useable while not at home or out in public
3 0
1 year ago
Other questions:
  • Dyckman Dealers has an investment in Thomas Corporation bonds that Dyckman accounts for as a trading security. Thomas Corporatio
    10·1 answer
  • When rebuilding a steering system, a can of bolts and nuts was somehow lost. Technician A says to simply go to the hardware stor
    12·1 answer
  • Which choice best describes differences in corporate decision-making
    10·1 answer
  • Philosophers draw a distinction between ___________________, which describe the world as it is, and normative statements, which
    6·1 answer
  • You recently invested $18,000 of your savings in a security issued by a large company. The security agreement pays you 6 percent
    8·1 answer
  • Boone Products had the following unit costs:Direct materials $24Direct labor 10Variable overhead 8Fixed factory (allocated) 18A
    13·1 answer
  • Which one of the following is a primary market transaction? Group of answer choices Sale of currently outstanding stock by a dea
    13·2 answers
  • Which of the following price bases is mostly likely to be used for commercial construction projects or custom-made equipment?
    6·1 answer
  • What is a router?<br> (please describe in a specific way)
    6·1 answer
  • Prepare journal entries to record the following transactions for the village of Radnor. Classify the expenditures as Parks suppl
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!