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otez555 [7]
3 years ago
7

Nadal Corporation manufactures custom molds for use in the extrusion industry. The company allocates manufacturing overhead base

d on machine hours. Selected data for costs incurred for Job 532 are as​ follows:
Direct materials used $5,000
Direct labor cost $36,800
Predetermined manufacturing overhead rate based on machine hours $17
Direct labor hours worked ​3,100
Machine hours used290

What is the manufacturing cost of Job​ 532?

A.$41,800
B.$94,500
C.$46,730
D.​$4,930
Business
1 answer:
Anna11 [10]3 years ago
3 0

Answer:

C.$46,730

Explanation:

Nadal Corporation manufactures custom molds for use in the extrusion industry. Based on the data available we first see the formula to calculate the total manufacturing cost of the job 532.

In general, sum of all the cost directly or indirectly included in the manufacturing cost. Therefore the formula is as below

Total Manufacturing Cost = Direct Labor Cost + Direct Materials Cost + Manufacturing Overhead Cost.

Direct labor cost $36,800

Direct materials used $5,000

Predetermined manufacturing overhead rate based on machine hours $17  which is = $17 x 290 hours

Manufacturing cots= 4930$

Total Manufacturing Cost = 36800 + 5000 + 4930

Total Manufacturing Cost = 46,730$

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At Davide Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. O
soldi70 [24.7K]

Answer and Explanation:

For materials

Equivalent completed units = Completed units + WIP ending

= 111,700 + 20,300

= 132,000 units

Cost of materials = Beginning WIP + Cost of materials added

= 22,300 + 370,000

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Cost of material per units = 392,300 ÷ 132,000

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For conversions

Equivalent completed units = Completed units + WIP ending

= 111,700 + 20,300 × 30%

= 117,790 units

Cost of Conversion = Beginning WIP + Cost of conversion added

= 19,700 + 280,000

= $299,700

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= $2.54436

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4 0
2 years ago
Jan Ashley worked for the R&S Department Store as a sales associate in the fine linens department. As she would give change
alina1380 [7]

Answer:

b) Larceny at the point of sale

Explanation:

Larceny at the point of sale -

It is a type of fraud , where the employee itself steal money from the employer during the point in the business , when is the sale is been made .

This type of fraud is very commonly seen in the retail business .

Same case is shown in the question data , where Jan Ashley , who works for the R & S departmental store , tries to steal money during the sale .  

8 0
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Michael owns a machine shop. In reviewing the shop's utility bills for the past 12 months, he found that the highest bill of $2,
Citrus2011 [14]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Highest cost= $2,400 when the machines worked 1,000 machine hours.

Lowest cost= $2,200 when the machines worked 500 machine hours.

<u>To calculate the variable cost per unit and total fixed costs, we need to use the following formulas:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (2,400 - 2,200) / (1,000 - 500)

Variable cost per unit= $0.4 per hour

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 2,400 - (0.4*1,000)= $2,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 2,200 - (0.4*500)= $2,000

Total cost= 2,000 + 0.4x

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7 0
3 years ago
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allochka39001 [22]

Answer:

Explanation:

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Interest receivable A/c Dr $1,000

                     To Interest revenue A/c $1,000

(Being accrued interest is recorded)

The computation of accrued interest is presented below:

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= $100,000 × 6% × (2 months ÷ 12 months)

= $1,000

The 2 months is calculated from November 1 to December 31

5 0
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