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
pogonyaev
3 years ago
12

High Tech Manufacturing​ Inc., incurred total indirect manufacturing labor costs of $ 540 comma 000. The company is labor intens

ive. Total labor hours during the period were 4 comma 100. Using qualitative​ analysis, the manager and the management accountant determine that over the period the indirect manufacturing labor costs are mixed costs with only one cost driverminuslaborminushours. They separated the total indirect manufacturing labor costs into costs that are fixed ​($ 140 comma 000 based on 8 comma 100 hours of​ labor) and costs that are variable ($ 400 comma 000 )based on the number of laborminushours used. The company has estimated 7 comma 700 labor hours during the next period.What will be the total cost for the estimated 7 comma 700 ​hours? (Round any intermediary calculations to the nearest cent and your final answer to the nearest​ dollar.)
Business
1 answer:
brilliants [131]3 years ago
3 0

Answer:

$891,219.51

Explanation:

The computation of the total cost for the estimated 7 comma 700 ​hours is shown below:

= Total indirect fixed manufacturing labor costs   + total variable cost

where,

Total indirect fixed manufacturing labor costs  is $140,000

And, the total variable cost is

= Total variable cost ÷ number of total labor hours  × estimated labor hours

= $400,000 ÷ 4,100 hours × 7,700 hours

= $751,219.51

So total cost is

= $140,000 + $751,219.51

= $891,219.51

We simply added the fixed and variable manufacturing labor cost

You might be interested in
Which of the following events will directly cause the U.S. money supply to rise by $400 million?
sammy [17]

Answer:

b. The Federal Reserve purchases $400 million of T bills from dealers

Explanation:

The money supply is the amount of money in circulation measured by narrow money (MO) and broad money (M4). This is related with the increase in the money supply in the economy.

8 0
3 years ago
Boi, why am i alive.-
Marianna [84]
Ahah relatable but anyways u good?
6 0
3 years ago
Need Help ASAP!!!
svetlana [45]
Q: What was the central point that Bastiat was trying to make in his imaginary petition of the candle makers? A: <span>The "Candle Maker's Petition" is a satire of protectionist </span>tariffs<span> written the by great French economist, </span>Frederic Bastiat.
<span>
Q:</span><span>Do you agree with Bastiat? A: this is an opinion. no right or wrong.

Q:</span><span>Why or why not? How does this argument relate to current arguments about free trade? A: Again your opinion if needed for this responce.
</span>

5 0
3 years ago
Wilturner Company incurs $76,000 of labor related directly to the product in the Assembly Department, $25,000 of labor not direc
coldgirl [10]

Answer:

correct option is b) $76,000 and $37,000

Explanation:

given data

Labor related directly to the product = $76,000

labor not directly related to the product = $25,000

labor for services = $12,000

solution

As here Direct Labor is express as

Direct Labor  = Labor related directly to the product   ...............1

so

Direct Labor = $76,000

and

Factory Overhead will be as

Factory Overhead = Labor not directly related to the product + labor for services  ,................................2

put here value and we get

Factory Overhead  $25000 + $12000

Factory Overhead = $37,000

so here correct option is b) $76,000 and $37,000

6 0
3 years ago
Mervon Company has two operating departments: Mixing and Bottling. Mixing has 350 employees and Bottling has 350 employees. Indi
krok68 [10]

Answer:

Allocated administrative cost for mixing is $81000

And allocated administrative cost for for bottling is $81000

Explanation:

We have given total number of employs for mixing = 350

And total number of employs for bottling = 350

Administrative cost = $162000

So total number of employs = 350+350 = 700

So allocation base for mixing =\frac{350}{700}=0.5

So allocated amount for mixing = 0.5×$162000 = $81000

Allocation base for bottling = =\frac{350}{700}=0.5

So allocated amount for bottling = 0.5×$162000 = $81000

3 0
3 years ago
Other questions:
  • Why did the safavid empire decline so quickly ?
    10·1 answer
  • What is the outcome when employees have positive attitudes towards their jobs?
    9·2 answers
  • To be able to go on the band trip, four band members each get a part-time job. Each person has 5 weeks in which to save his or h
    11·2 answers
  • Which of the following refers to the strategic process of distributing, promoting, and pricing products, and discovering the des
    8·1 answer
  • Skysong, Inc. is a private camping ground near the Mount Miguel Recreation Area. It has compiled the following financial informa
    13·1 answer
  • During 2021, WMC Corporation discovered that its ending inventories reported in its financial statements were misstated by the f
    8·1 answer
  • At December 31, 2018 and 2017, G Co. had 60,000 shares of common stock and 11,000 shares of 5%, $100 par value cumulative prefer
    5·1 answer
  • A business maintains subsidiary accounts for each of its customers. On May​ 15, the business provides services on​ account: $ 1
    9·1 answer
  • Please answer. In the middle of a test!
    6·1 answer
  • Headland Company loans Sarasota Company $2,190,000 at 6% for 3 years on January 1, 2020. Headland intends to hold this loan to m
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!