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
ss7ja [257]
3 years ago
14

At the end of April, Cavy Company had completed Job 766 and 765. According to the individual job cost sheets the information is

as follows:
Job

Direct Materials

Direct Labor

Machine Hours

Job 765

$5,670

$3,500

27

Job 766

$8,900

$4,775

44

Job 765 produced 152 units, and Job 766 consisted of 250 units.

Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $200 per hour, determine the (a) balance on the job cost sheets for each job, and (b) the cost per unit at the end of April.
Business
1 answer:
IceJOKER [234]3 years ago
6 0

Answer:

Instructions are below.

Explanation:

Giving the following information:

Job 765:

Direct material= $5,670

Direct labor= $3,500

Machine Hours= 27

Job 766:

Direct material= $8,900

Direct labor= $4,775

Machine Hours= 44

Job 765 produced 152 units, and Job 766 consisted of 250 units.

Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $200 per hour.

Costs sheet:

<u>Job 765:</u>

Direct material= 5,670

Direct labor= 3,500

Allocated overhead= 200*27= 5,400

Total cost= 14,570

Unitary cost= 14,570/152= $95.85

<u>Job 766:</u>

Direct material= 8,900

Direct labor= 4,775

Allocated overhead= 200*44= 8,800

Total cost= 22,475

Unitary cost= 22,475/250= $89.9

You might be interested in
Suppose that there are two employers in Tinytown. CareCo offers a generous health insurance package to all employees, while Apat
professor190 [17]

Answer:

Choose CareCo.

Explanation:

Given : CareCo offers a generous health insurance package to all employees. ApathyInc pays slightly higher wages than CareCo, but does not offer health insurance.

A person who is unhealthy & expects to have high healthcare expenses : would have issues having direct health insurance from an insurer, based on high risk evaluation. Even if by chance, he/ she gets, it will be at extremely high price i.e premium rates & is likely to have less coverage. So, the person rationally would prefer to protect himself / herself from this huge health expenditure risk, & would protect self & family from catastrophic health costs. He / she would do so by choosing to work for Care Co, which gives generous health insurance to all its employees, by sacrifising higher salary by Apathy giving no health insurance. He/ she is logical as the wage differential is likely to be less than catastrophic health costs

8 0
3 years ago
You can learn everything you need to know about a company during an interview.
Airida [17]

Answer:

I think it would false hope this helps

6 0
3 years ago
Read 2 more answers
A firm will work with a customer to design the product, and then make it from purchased materials, parts, and components. this f
drek231 [11]

A firm will work with a customer to design the product, and then make it from purchased materials, parts, and components. this firm is called <u>a make order firm.</u>

<u />

A firm is a for-profit business, generally formed as a partnership that provides professional services, along with criminal or accounting offerings. The theory of the firm posits that firms exist to maximize profits.  The term firm is synonymous with enterprise or organization. firms can operate beneath several distinct structures, including sole proprietorships and corporations.

In income, commerce, and economics, a customer is a recipient of a good, service, product, or idea - obtained from a seller, vendor, or supplier via a monetary transaction or change for money or some other valuable consideration.

learn more about the organization here brainly.com/question/19334871

#SPJ4

8 0
2 years ago
Of all the types of managers, managers of global social media campaigns are the ones who need not be aware of the cultures of th
Eduardwww [97]

Answer:

False

Explanation:

Of all the managers, managers of global social media campaigns are the ones who need to be most aware of the cultures in the countries in which they operate.

6 0
3 years ago
Suppose you want to realize a future value of $150,000 in 30 years on an investment you make. The average annual rate of return
tekilochka [14]

Answer:

PV= $12,111.93 = $12,112

Explanation:

Giving the following information:

Future Value (FV)= $150,000

Interest rate (i)= 8.75% = 0.0875

Number of periods (n)= 30

<u>To calculate the present value (PV), we need to use the following formula:</u>

PV= FV/(1+i)^n

PV= 150,000 / (1.0875^30)

PV= $12,111.93

4 0
3 years ago
Other questions:
  • Gamma is a company that develops software to help businesses with data processing. Their software performs multiple business fun
    6·1 answer
  • A _____ documents the details of a functional primitive, which represents a specific set of processing steps and business logic.
    5·1 answer
  • If the employees of San Simeon Company successfully borrowed a large sum of money and purchased the firm from its current owners
    8·1 answer
  • The kiwanis club sold citrus fruit to raise money for their scholarship fund. a box of oranges costs $21 and a box of grapefruit
    14·2 answers
  • You are installing a new computer system with
    12·1 answer
  • ShipCo. produces storage crates that require 1.2 meters of material at $.85 per meter and 0.1 direct labor hours at $15.00 per h
    7·2 answers
  • Paar Corporation bought 100 percent of Kimmel, Inc., on January 1, 2012. On that date, Paar's equipment (10-year life) has a boo
    11·1 answer
  • Sanborn Industries has the following overhead costs and cost drivers. Activity Cost Pool Cost Driver Est. Overhead Cost Driver A
    12·1 answer
  • g Operating activities: Multiple Choice Are the means organizations use to pay for resources like land, buildings and equipment.
    14·1 answer
  • On July 1, a company sells 8-year $250,000 bonds with a stated interest rate of 6%. If interest payments are paid annually, each
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!