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Helga [31]
3 years ago
5

Tally Company uses job costing. The job cost record for Job A61 on March 1 showed a balance of $5,200. The job was completed on

March 16. During March materials requisitions for this job were $2,300. Labor time records for this job in March were $4,000. Manufacturing overhead is allocated based on direct labor cost. The rate is 90% of direct labor cost. How much is the total cost of Job A61?
Business
1 answer:
Gemiola [76]3 years ago
8 0

Answer:

Total cost= $15,100

Explanation:

Giving the following information:

The job cost record for Job A61 on March 1 showed a balance of $5,200.

Job A61:

March:

Direct materials= $2,300.

Direct Labor= $4,000.

Manufacturing overhead is allocated based on direct labor cost. The rate is 90% of direct labor cost.

MOH= 4000*0.9= $3,600

Total cost= 5,200 + 2,300 + 4,000 + 3,600= $15,100

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g Handal Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated to the c
nordsb [41]

Answer:

Overhead Cost - S1 =  $30201

Explanation:

To assign Overhead costs to S1, we first need to calculate the Overhead Absorption rate for Machining and Order filling.

The Overhead Absorption rate for Machining is calculated by dividing the Machining Overheads by the number of Machine hours to calculate $ Overhead per Machine Hour.

  • Total Machining Hours = 11500 + 3600 = 15100
  • Machining = $11325 / 15100 Hours = $0.75 / Machine Hour

Now we do the same calculation for Order Filling Overheads and divide them by Number of Orders.

  • Total Number of Orders = 270 + 1240 = 1510
  • Order Filling = 26274 / 1510 = $17.4 per order

Now we allocate the Overheads to S1 on the basis of Machine Hours and Number of orders relating to S1.

  • S1 Machine Hours = 11500
  • S1 Orders = 1240
  • S1 Overheads = 0.75 × 11500 + 17.4 × 1240 = $30201
8 0
4 years ago
Diz Co. is a U.S.-based MNC with net cash inflows of euros and net cash inflows of Swiss francs. These two currencies are highly
VikaD [51]

Answer:

Yanta Co. has a higher exposure to exchange rate risk than Diz Co.

The reason is that Yanta Co. does not have net inflows of euros.  Instead, its euro transactions yield net outflows.

It will always be in need of euros to settle its foreign debts or obligations, unlike Diz Co. with foreign assets.

Explanation:

a) Data and Analysis:

Diz Co. has net cash inflows of euros and net cash inflows of swiss francs

Yanta Co. has net cash outflows of euros and net cash inflows of swiss francs

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5 0
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The cost of rainforest preservation can be lowered for developing countries by
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The cost of rainforest preservation can be lowered for developing countries by the development of alternative rainforest products.
4 0
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Venus Corp. operates in many countries. The company has a clearly written mandate for all its contractors abroad. According to t
seraphim [82]

Answer:

Code of ethics for its vendors

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Code of ethics is the defined as the guide of principles that is designed or created in order to help the professionals in order to conduct the business with integrity as well as honesty.

The code of ethics also referred to as the ethical code, which might encompass the areas like employee code of conduct,  business ethics and code of professional practice.

So, the business who is operating in many countries, they mandate that all contractors need to ensure the safety measures as well as implement the same and the workers are made to work 9 hours only. Therefore, the company has set code of ethics for the vendors.

8 0
3 years ago
Youns Inc. reported the following results from last year’s operations: Sales $ 10,500,000 Variable expenses 6,610,000 Contributi
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Answer:

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Combined turnover = turnover last year + turnover from the new investment opportunity.

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7 0
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