Answer:
$205,000
Explanation:
The above is an incomplete question as we were not given actual direct labor hours. From a similar question, I picked 5,000 as the direct labor hours .
With regards to the above information, applied overhead is computed as;
Applied overhead = Overhead rate × Actual direct labor hour
Given that;
Overhead rate = $41
Actual direct labor hour = 5,000
Therefore,
Applied overhead = $41 × 5,000 = $205,000
Answer:
one of the most longest a guy can go through
Answer:
$570,600
Explanation:
The formula for calculating break-even is:
Fixed Cost / Contribution per unit
The contribution per unit is calculated as, Sales - Variable cost.
Hence the break-even is,
399420 / 112 = 3566.25,
To get this in monthly dollar sales:
3566.25 * 160 = $570600.
Hope this Helps,
Good Luck.
Answer:
C. debit Raw Materials Inventory, $ 4 comma 000; credit Accounts Payable, $ 4 comma 000
Explanation:
The journal entry to record the raw material purchased on the account is as follows
Raw material inventory A/c Dr $4,000
To Account payable A/c $4,000
(Being the raw material is purchased on account)
Since the raw material is purchased, the same is increased the current asset so it would be debited while the account payable is credited as it also increased the current liabilities account