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Brums [2.3K]
3 years ago
13

Coates Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine- hours.

The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $249,000, variable manufacturing overhead of $3.80 per machine-hour, and 30,000 machine-hours. The company has provided the following data concerning Job X784 which was recently completed: Number of units in the job Total machine-hours Direct materials Direct labor cost 50 $ 470 5,500 If the company marks up its unit product costs by 30% then the selling price for a unit in Job X784 is closest to:_________.
a. $253.87
b. $233.87
c. $53.97
d. $155.22
Business
1 answer:
ICE Princess25 [194]3 years ago
8 0

Answer:

D

Explanation:

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The global technology company Motorola received negative publicity related to allegations that its workforce at a ________ plant
allsm [11]

Answer:

The correct answer is Contract manufacturing.

Explanation:

Contract manufacturing is a business model in which a company approaches a manufacturer with a design and requests a contract to produce a certain number of units at a cost. The cost of the contract manufacturer is based on work, material costs and the difficulty of the process, while the company focuses on design, marketing and sales. In general, the companies they hire will request quotes from several manufacturers per contract in a bidding process before finally choosing one.

3 0
3 years ago
Racine started a new business in the current year. She incurred $52,000 of start-up costs. If her business started on November 2
Lerok [7]

Answer:

$3,544

Explanation:

The maximum immediate expenses amount of $5000 phases out for dollar if more than $50,000 of start-up cost are incurred. Thus, the immediate expensing is  $3,000

   ($5000 - ($52,000 - $50,000))

∴ ($5000 - ($2000) = $3000

The amortization is $544

($49,000/180) × 2 months

= $544

The total amount she may deduct = $3000 + $544 = $3544.

3 0
3 years ago
A certain supermarket chain is only found in the southeastern regions of the United States. You would expect the supermarket to
OverLord2011 [107]

Answer:

<em>Regional advertising</em>

Explanation:

Regional advertising <em>implies sponsor-paid advertising that supplies goods or  services regionally across two or more regions</em>.

Examples might include using specific location billboards to provide some of  the simplest ways to reach local communities.

6 0
3 years ago
The Bawl Street Journal costs $580, payable now, for a 2-year subscription. The newspaper is published 252 days per year (5 days
elena-s [515]

Answer:

The effective annual rate of interest is "10.38%".

Explanation:

The given values are:

Nominal annual interest rate,

Q = 10%

i.e.,

   = 0.10

Quarterly compounding,

q = 4

Now,

The effective annual rate of interest will be:

=  [{1 + (\frac{Q}{q} )}^q] - 1

On substituting the given values in the above formula, we get

=  [{1 + (\frac{0.10}{4} )}^4]  1

=  [(1 + 0.025)^4] - 1

=  (1.025)^4-1

=  1.10381289 - 1

=  0.10381289

On converting it into percentage, we get

=  10.38%

8 0
2 years ago
Durban Metal Products, Ltd., of the Republic of South Africa makes specialty metal parts used in applications ranging from the c
gladu [14]

Answer:

<u>Overhead Report for heavy-duty trailer axles.</u>

Order size ($ 16.85 × 200)              $3,370.00

Customer orders ($ 320.00 × 1)        $320.00

Product testing ($ 89.00 × 4)            $356.00

Selling ( $ 1,090.00 × 2)                  $2,180.00

Total                                                 $6,226.00

Conclusion :

The total overhead cost assigned to the order is $6,226.00

Explanation:

ABC system allocates overheads to jobs using cost drivers.

First an Activity Center where costs accumulate is identified these can be several in our scenario we have four Activity Centers.

Then the Cost driver rate is calculated for each Activity Center. Our question has provided these.

The final step is to allocate the overheads to a particular job using the cost driver rate.

7 0
3 years ago
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