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
STatiana [176]
3 years ago
9

Happy Maids cleans commercial buildings. In March, Happy Maids started and completed two jobs, Job 1000 and Job 1001. The job co

st sheet for Job 1000 showed $1,200 of direct materials and 30 direct labor hours. The job cost sheet for Job 1001 showed $2,000 of direct materials and 50 direct labor hours. Overhead is applied at $7 per direct labor hour. The employees who worked on these two jobs were paid $15 per hour. What is the total cost for each of these two jobs for March?
A :
Job 1000, $1,610; Job 1001, $3,100
B :
Job 1000, $3,100; Job 1001, $1,860
C :
Job 1000, $1,860; Job 1001, $3,100
D :
Job 1248, $1,860; Job 1249, $2,750
Business
1 answer:
vodomira [7]3 years ago
5 0

Answer:

C :Job 1000, $1,860; Job 1001, $3,100

Explanation:

The computation of the total cost is shown below:

For Job 1000:

= Direct materials + Direct labor hours × wage rate per hour × Direct labor hours × overhead rate per hour

= $1,200 + 30 × $15 + 30 × $7

= $1,200 + $450 + $210

= $1,860

For Job 1001:

= Direct materials + Direct labor hours × wage rate per hour × Direct labor hours × overhead rate per hour

= $2,000 + 50 × $15 + 50 × $7

= $2,000 + $750 + $350

= $3,100

You might be interested in
Think about choices to include and choices to avoid when developing a mission statement. Drag and drop each of the following phr
sergeinik [125]

Answer and Explanation:

The categorization is as follows:

For Poor Mission Statements:

1. Lists all or all kinds of  the products the organization sells

2. is product-oriented

3. is very broad  or wide

4. is less or lower than seven words

For Good Mission Statements:

1.  Addresses customers the organization serves

2. Is meaningful  and relevant

3. Is specific  and determined

4. Describes the business the organization is in

5. is market-oriented

6. States what the organization wants to accomplish or achieve

8 0
2 years ago
When you catch a fast-moving baseball with your bare hand, a good idea is to catch it so that your hand stops it?
jarptica [38.1K]
You want your hand to "give" a bit when you catch the ball. You don't want want the ball to come to a hard stop because that would risk hurting your hand.
4 0
4 years ago
As the executive of a bank or thrift institution you are faced with an intense seasonal demand for loans. Assuming that your loa
solniwko [45]
I believe u should not give put loans at all ,or make the interest rate very low so they 'll have a better chance to pay it off
5 0
3 years ago
6 . How shifts in demand and supply affect equilibrium Consider the market for pens. Suppose that the number of students with an
Tresset [83]

Answer:

Suppose that the number of students with an allergy to pencil erasers increases, causing more students to switch from pencils to pens in school.

  • This will shift the demand curve to the right, increasing the total demand at all price levels.

Moreover, the price of ink, an important input in pen production, has increased considerably.

  • This will shift the supply curve to the left, increasing the price of pens at every demand level.

What is sure is that the price of pens will increase. It is likely that the quantity demanded increases, but the extent by which the quantity demanded will increase is unknown.

5 0
3 years ago
What investment type typically carries the least risk
Angelina_Jolie [31]
Certificates of Deposit (CDs), U.S Treasury Bills, and savings accounts are generally regarded as the least risky investments, given that they are backed - at least up to a certain limit - by the U.S government. 

CDs are essentially fixed-term savings accounts, which means you must deposit your funds for a set amount of time, until the account reaches what is called "maturity." Withdrawing funds before this point typically leads to a fee. In return for sacrificing liquidity, CDs tend to offer higher interest rates than normal savings accounts. These rates are most often fixed, though they sometimes come with a feature that enables you to readjust your interest rates once over your account's lifetime. Bank-issued CDs are also insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000 per depositor, though this figure has dropped to $100,000 January 1, 2014. Credit Union-issued CDs are insured by another government agency, the National Credit Union Administration (NCUA), which provides the same coverage as the FDIC. 

U.S Treasury Bills are sold by the government to investors as a way to fund short-term government debts. If you purchase a U.S Treasury Bill, you are basically loaning the government a certain amount of money in return for the government's promise to pay you back with a predetermined higher amount when the bill reaches maturity. U.S Treasury Bills are typically issued with maturity terms of one month, three months, six months and 1 year.

As we all know, savings accounts are offered by banks and credit unions and provide variable interest rates, which means their rates fluctuate in accordance with the Prime Rate. While there is no time requirement for a savings account, as there is with a CD, the law only allows consumers to make up to six transfers or withdrawals from a savings account per month (not including in-person ATM or branch withdrawals). Savings accounts offer the same as insurance protections as CDs.

Hope this helps you =)

6 0
3 years ago
Other questions:
  • Bill Bonecrusher graduates from college with a choice of playing professional football at $2 million a year or coaching for $50,
    6·1 answer
  • Information-based industries are most susceptible to which one of Porter’s five forces?
    6·1 answer
  • What are the criteria for distinguishing between a deductible expense and a capital expenditure?
    9·1 answer
  • Traditional buyer-supplier relationships revolve around financial considerations. buyers and suppliers both try to get the best
    9·1 answer
  • It will take Cody 3 months to save up enough money to purchase a stereo. He has a credit card with a 12% interest rate. Cody’s f
    12·2 answers
  • Which economic term is used to describe someting tangible (you can hold it and
    5·1 answer
  • In order for the economy to be strong, individuals must?
    7·1 answer
  • Cosmo contributed land with a fair market value of $332,500 and a tax basis of $138,000 to the Y Mountain partnership in exchang
    13·1 answer
  • If Bangladesh is open to international trade in oranges without any restrictions, it will ___________ tons of oranges. Suppose t
    7·1 answer
  • uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. The cost for
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!