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
rosijanka [135]
3 years ago
12

15) Which of the following would usually be found on a job cost sheet under a normal cost system? B) C) D) A) Choice A B) Choice

B C) Choice C D) Choice D Actual direct material cost Yes Yes No No Actual manufacturing overhead cost Yes No Yes No
Business
1 answer:
True [87]3 years ago
7 0

Complete question:

Which of the following would usually be found on a job cost sheet under a normal cost system?

Actual direct material cost      Actual manufacturing overhead

A) YES                                        YES

B) YES                                         NO

C) NO                                          YES

D) NO                                           NO

A) Choice A

B) Choice B

C) Choice C

D) Choice D

Answer:

B) Choice B (YES,  NO)

Explanation:

In a job cost sheet, under a normal cost system, only the actual direct material cost can be found on the job cost sheet. The actual manufacturing overhead cost is usually not found on the job cost sheet under a normal cost system.

Thus we have:

Actual direct material cost-------- YES

Actual manufacturing overhead----------- NO

Correct option is option B (Yes, No)

You might be interested in
An apparel manufacturing plant has estimated the variable cost to be $2.40 per unit. Fixed costs are $2,000,000 per year. Forty
marta [7]

Answer:

BEP units:          42,017

BEP dollars: 2,100,850

unit cost at 100,000 units produced: 22.40 dollars

operating profit :    1,656,000

Explanation:

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

50 - 2.4 = 47.6 contirbution margin per unit

\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}

2,000,000/47.6 = 42.016,80 BEP units

BEP units x sales price = BEP dollars

42,017 x 50 = 2,100,850

(B)

fixed cosy/ units produced = fixed cost per unit

2,000,000/ 100,000 = 20 fixed cost per unit

fixed cost + variable cost = total cost

20 + 2.40 = 22.4

(C)

There are 40% units sold at the preferred customer at cost

So we sale at gain only 60% of the units:

100,000 units x 60% x 50       =  3,000,000

100,000 units x 40% x 22.40  =     896,000

Total revenue                              3,896,000

Cost: 100,000 x 22.40          <u>     (2,240,000)  </u>

operating profit                            1,656,000

4 0
2 years ago
The general ledger of Sandhill Corporation as of December 31, 2021, includes the following accounts: Copyrights $ 58000 Deposits
Dafna1 [17]

Answer:

$687,000

Explanation:

Intangible Assets are identifiable assets of a non-monetary asset  and without physical substance. Intangible assets include trademarks, copyrights and goodwill that is acquired.

Important to note that Internally generated Goodwill  is not defined as an assets. Thus, deposits with advertising agency of $35,000 are not included within tangible assets

<u>Calculation of Total Intangible Assets will be :</u>

Intangible Assets Calculation = (Copyrights) $ 58,000  + (Goodwill Acquired) $560,000 + (Trademarks) $69,000

                                                 = $687,000

Therefore,

Sandhill's balance sheet as of December 31, 2021 should report total intangible assets of $687,000

5 0
2 years ago
Alfred lost his 3-year-old camera. It cost him $150 three years ago and had a life expectancy of 6 years. Alfred has actual cash
salantis [7]

Answer:

insurance company will pay $75 to Alfred.

Explanation:

given data

Actual cost of camera = $200

Alfred cost of camera = $150

Life expectancy = 6 years

solution

we get here first Remain life of camera that is

Remain life of camera = 6 years  - 3 years

Remain life of camera = 3 years

and

now we get here current cost of the camera that is

current cost of camera = Alfred cost of camera × (Remain life of camera ÷ Life expectancy)    ........................1

put here value and we get

Current cost of camera = $150   ×   \frac{3}{6}

Current cost of camera = $75

so that insurance company will pay $75 to Alfred.

5 0
2 years ago
Ralph was involved in a bar fight and sustained a blow to the back of the head from a beer bottle. he was dazed and could not se
My name is Ann [436]
Occipital lobe

The occipital lobe is one of the four major lobes in the brain's cerebral cortex. It is located at the back of the head (see attached image). The occipital lobe's primary function is processing and making sense of visual information we receive through our eyes. Damage or trauma to the occipital lobe (in John's case when he got hit on the back of his head) can cause temporary or permanent vision impairment, subject to the severity of the trauma. 

6 0
3 years ago
How does buying a plant asset affect general ledger accounts
Tanzania [10]

Answer:

A plant asset will add to assets and subtract from liabilities.

Explanation:

The general ledger holds all of the information needed to prepare financial statements and includes assets, liabilities, equity, revenue and expenses.

I hope I understood the question and that this helps.

7 0
3 years ago
Other questions:
  • Renee operates a proprietorship selling collectibles over the web, and last year she purchased a building for $24 million for he
    13·1 answer
  • What fee may be collected prior to delivering required disclosures?
    9·1 answer
  • Mirage Inc., a management consulting firm, has experienced an expansion in its profit in the last four quarters. It plans to hir
    15·1 answer
  • On July 1, 2014, Agincourt Inc. made two sales.
    12·1 answer
  • How are mental and physical and financial health related? Three sentences
    12·1 answer
  • If a company has advance subscription sales totaling $45,000 for the upcoming year, when four quarterly journals will mailed to
    14·1 answer
  • What are the two most popular ways people make networking contacts?
    11·2 answers
  • Please help this is for economics
    11·1 answer
  • It is estimated that the annual sales of an energy saving device will be 20,000 the first year and increase by 10,000 per year u
    15·1 answer
  • A 2 percent increase in the price of milk causes a 6 percent reduction in the quantity demanded of chocolate syrup. What is the
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!