Answer:
$225,000
Explanation:
Henson company applies an overhead which is based on 120% of direct Labor cost
= 120/100
= 1.2
Job. No 190 is charged with direct cost materials of $60,000 and manufacturing overhead of $90,000
Therefore, the total manufacturing costs for job No. 190 can be calculated as follows
Manufacturing overhead/direct labour costs+direct cost of materials+manufacturing overhead
= $90,000/1.2+$60,0000+$90,000
= $75,000+$60,000+$90,000
= $225,000
Hence the total manufacturing costs for job No. 190 is $225,000
Based on the process that Lemony Lemonade uses to make lemonade, the equivalent units for conversion costs is 1,600 units.
<h3>What equivalent units are for conversion costs?</h3>
This can be found as:
= Number of units that are WIP x Percentage of completion
Solving gives:
= 3,200 x 50%
= 1,600 units
Find out more on equivalent units at brainly.com/question/16259709
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Since 2002, health care costs in the united states have risen by an average of 15 percent per year.
Full question attached
Answer and Explanation:
Full answer and explanation attached
Answer:
Check the explanation
Explanation:
Calculation of Interest expense:
Lease Liability x Implicit Rate of Cost
Calculation of lease liability:
Beginning of Cash Flow
2020 10700
2021 10700
2022 10700
2023 10700
The sum of present values of above cash flows is equal to lease liability (Discounted at 4%
$38840
Interest Expense: Lease liability x Implicit Rate of Cost
= $ 38840 x 4% = $ 1553.60