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
Nonamiya [84]
3 years ago
12

Watson, Inc. applies overhead cost based on direct labor hours. In completing the 200 units in job #120, the company incurred $1

2,000 in direct materials and 500 direct labor hours at $18 per hour. The predetermined overhead rate is $6 per direct labor hour. What is the total cost of the units in job #120?
Business
1 answer:
andriy [413]3 years ago
3 0

Answer:

Total cost= $24,000

Explanation:

Giving the following information:

Watson, Inc. applies overhead costs based on direct labor hours. In completing the 200 units in job #120, the company incurred $12,000 in direct materials and 500 direct labor hours at $18 per hour. The predetermined overhead rate is $6 per direct labor hour.

Total cost= direct material + direct labor + manufacturing overhead

Total cost= 12,000 + 500*18 + 6*500= $24,000

You might be interested in
Mildred was persuaded by a fast-talking salesperson to carry an expensive brand of yarns in her retail needlecraft shop. seldom
Makovka662 [10]
That would be confirmation bias :)
5 0
3 years ago
In the short run a) a firm does not have sufficient time to change any of the resources it uses. b) a firm does not have suffici
timama [110]

Answer:

c) a firm does not have sufficient time to change the level of use some of its inputs.

Explanation:

The definition of short-run in economics is not a term to be used for a specific certain period of time but it means that the period of time is too short that the firms cannot change the level they are using of some of their inputs or costs. It means they do have fixed costs they cannot change. For example, all machinery installed, a yearly rent paid, electricity or others that the firm cannot change unless there is sufficient time. In a short period of time, it will have those costs anyway. The firm cannot change the level of that input. And it is short run of at least one input. It may be many. But it is not necessary to have all inputs unchanged to consider that period of time as short-run.

However, firms can change level of inputs if they have more time. That is cost the long run. All costs are variable costs when we are in long run.

3 0
3 years ago
Moerdyk Corporation’s bonds have a 15-year maturity, a 7.25% semiannual coupon, and a par value of $1,000. The going interest ra
azamat

Answer:

The price of the bonds is $ 1,276.

Explanation:

The value of bond or issue price can be calculated by discounting all future cash flow using effective rate of retun. Detail calculations are given below.

Future Value = Redemption present value (RPV) + Present value of interest   (PVI)

RPV = 1,000 (1+5%)^-15 = $ 481 -A

PVI = 36.25 * Annuity factor  =$ 759 -B

Future Value = A + B = $ 1,276  

Annuity factor = (1- (1+i%)^-n)/i% = (1- (1+5%/2)^-30)/(5%/2) = 20.9303

7 0
3 years ago
Ginny is a 26-year-old who lost her job as a copy editor for a local newspaper. She has spent the past few weeks out of work and
raketka [301]

Answer:

The correct answer is Unemployed

Explanation:

Unemployment, in the labor market, refers to the situation of the citizen who lacks employment and, therefore, salary. By extension, it is the part of the population of age, conditions and willingness to work - active population - that lacks a job.1 To refer to the number of unemployed people in the population, the unemployment rate by country or other is used territory. The situation contrary to unemployment is full employment.

In addition to the active population, which includes both those who are working and the whole of the unemployed or unemployed in a country, societies have an inactive population composed of those members of the population who are not willing to work , whether by studies, age, illness or any other legally established cause.

4 0
3 years ago
Read 2 more answers
Art is a self-employed installer of home entertainment systems, and he drives his car frequently to installation locations. Art
kap26 [50]

Answer:

Explanation:

The expenses that Ryan can deduct for the business trips he had is calculated by summing up the expenses he had with regards to gasoline and the depreciation.

Cost of gasoline = (3,760 miles)($1,590/18,800 miles) = $318

Cost of depreciation = $4,800

Adding the costs will give us an answer of $5118.

Answer: $5,118

3 0
3 years ago
Other questions:
  • Next week, Mortimer is preparing to go to work for the Illinois department of Child Services. He was surprised when his friends
    6·1 answer
  • A __________ is a local operation completely owned by a foreign company.
    15·1 answer
  • Some researchers and analysts have noticed a trend in which firms that increase their dividends see an increase in their stock p
    6·1 answer
  • When conducting qualitative analysis, you can use _______ to get basic information about your data. 
    14·2 answers
  • Barnes Company reports the following operating results for the month of August: sales $305,000 (units 5,000); variable costs $21
    5·1 answer
  • Which of the following conditions will maximize the amount of interest you earn?
    6·2 answers
  • ​Long-run growth in GDP is determined by A. labor​ productivity, capital, and government expenditures. B. ​consumption, investme
    9·1 answer
  • There are three factors that can affect the shape of the Treasury yield curve ( r*ₜ, IPₜ, and MRPₜ ) and five factors that can a
    9·2 answers
  • U.S. GAAP for long-lived assets significantly impedes rate-of-return comparisons across companies unless the firms:
    9·1 answer
  • A process cost system would be used for all of the following products except computer chips. motion pictures. chemicals. soft dr
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!