Answer:
$950,000
Explanation:
<u>Particular Amount Amount</u>
Finish Goods $39,000
W.I.P Goods $34,000
Add: material $27,000
material purchase $555,000
Direct labor $248,000
<u>Factory Overhead $143,000</u>
$1,007,000
Less: material $20,000
W.I.P Goods at end $33,000
<u>Finish Goods $43,000 </u>
<u> $911,000</u>
<u>Total cost of goods sold $950,000</u>
Answer:
$127,500
Explanation:
The Estimated Overhead cost of $2,550,000 divided by the budgeted machine hours of 20,000 gives us the overhead rate per machine hour of $127.50.
This rate will then be multiplied by the machine hours used by Job No. B12.
So, Overhead Rate of $127.50 multiplied by 1,000 machine hours will give $127,5000 which is the overhead cost that should be applied to Job No. B12 .
Note: Don't use the overhead incurred ($2,700,000) because this is the "Actual" overhead and the problem requires the "Applied" amount which is based on estimates.
Answer:
The answer to this question is b. for a single project only.
Explanation:
A joint venture is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity.
The joint venture business usually last for the duration of the project it has come together to undertake. After which the individual businesses can go back to its usual operation.
Hence, the answer is b. for a single project only.
Answer:
D if this is anything related to business then there is always something that reviews everything and the most common term for it is Master scheduling.
Explanation:
Answer:
c) aesthetic modifications
Explanation:
Product modification are when changes are made to a product.
Aesthetic modifications is when changes are made to a product to make it more attractive to the senses. Modifications made includes changes to the look, smell, taste, or sound of a product.
Functional modification is when changes are made to the functions performed by a product to make it more useful, versatile or safe.
Quality modifications is when modification is made to improve the quality of a product - to make it more durable and to increase its useful life.
Line extension is when a firm adds more products to its already existing product line.
