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maxonik [38]
2 years ago
13

Decorte Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-ho

urs. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 10,000 Total fixed manufacturing overhead cost $ 33,000 Variable manufacturing overhead per direct labor-hour $ 2.50 Recently, Job K332 was completed with the following characteristics: Number of units in the job 70 Total direct labor-hours 140 Direct materials $ 455 Direct labor cost $ 5,320 The unit product cost for Job K332 is closest to: (Round your intermediate calculations to 2 decimal places.)
Business
1 answer:
Airida [17]2 years ago
3 0

Answer:

$94.10 per unit

Explanation:

Total direct labor-hours 10,000

Total fixed manufacturing overhead cost $33,000

Variable manufacturing overhead per direct labor-hour $2.50

Job K332:

Number of units in the job 70

Total direct labor-hours 140

Direct materials $455

Direct labor cost $5,320

total variable overhead = $2.50 x 140 = $350

prorated fixed overhead = (total fixed overhead / total direct labor hours) x direct labor hours used = ($33,000 / 10,000) x 140 = $462

total product cost = direct labor + direct materials + variable overhead + prorated fixed overhead = $5,320 + $455 + $350 + $462 = $6,587

product cost per unit = $6,587 / 70 units = $94.10 per unit

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Artemon [7]

The ability of top managers to support a change and how capable employees are of handling a change are important considerations of how ready an organization is for change

<h3>What is Management?</h3>

This refers to the act of organizing workers in order to maximize their potential and output.

Here, we can note that when we are considering the ways in which organizations are ready for change, we would look at the ability of top managers to support a change and how capable employees are of handling a change because this shows their level of readiness.


Read more about management here:
brainly.com/question/1276995

4 0
2 years ago
In an effort to simplify the multiple production department factory overhead rate method, the same rate can be used for all depa
Free_Kalibri [48]

Answer: False

Explanation:

Different departments incur different types of costs based on the product that they are producing. It would therefore not be right to use the same rate for all departments as it might capture cost inadequately.

The overhead rate should always take into account the unique circumstances of a department such that costs can be assigned as accurately as possible.

3 0
2 years ago
What is the money that people earn for their labor called?
Aleksandr [31]
The correct answer is:

C. Income.

Have a great day! :)
4 0
3 years ago
Read 2 more answers
Some companies hire an outside consultant to assist in the project team regarding selecting a vendor solution for the project. W
IceJOKER [234]

Answer and explanation:

Outside consultants are individuals who work for themselves or represent a firm and are hired for their expertise to give suggestions on certain matters where an organization does not have much information.  

<em>The advantage of counting on these professionals relies on the wide scope of ideas that they can provide to the organization in cases such as selecting a vendor solution.  </em>

However, <em>by hiring an external consultant the projects of the employees of the company can be set aside even if they can have more information on the business itself and might be more aware of what the company needs and could best suit it.</em>

3 0
3 years ago
Lena Holden began a professional practice on June 1 and plans to prepare financial statements at the end of each month. During J
vlabodo [156]

Answer:

ASSETS = LIABILITIES + EQUITY

75,000  =                  +  75,000

(1,500) =                  +  (1,500)

10,000  =    10,000  +

2,500  =                  +  2,500

8,000  =                  +  8,000

-          =                  +

(3,000) =                  +  (3,000)

 -          =                  +

(10,000) =  (10,000)         +

(1,000) =                  +  (1,000)

80,000  =     0           +  80,000

Explanation:

Accounting equation is the foundation of dual entry bookkeeping  system. It is also known as the balance sheet equation that shows the relationship between ASSSETS, LIABILITIES AND EQUITY. Total assets must be equal to total liabilities + Equity due to the dual entry system otherwise, it is an indication of descrepancy in during the recording.

6 0
3 years ago
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