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
DedPeter [7]
3 years ago
12

TCost-908 Car Mechanic Inc. uses a job-order costing system. The company applies all of its overhead costs to jobs using a prede

termined overhead rate based on direct labor-hours. At the beginning of the year, it made the following estimates: Direct labor-hours required to support estimated output 22,000 Fixed overhead cost $ 253,000 Variable overhead cost per direct labor-hour $ 1.00 During the year, a customer brought in her car for repairs. The following information was available with respect to the car's repairs: Direct materials $ 703 Direct labor cost $ 317 Direct labor-hours used 8 If TCost-908 sets its selling prices by adding a markup percentage of 40% of its total job cost, then how much would the company have charged this customer for her car's repairs?
Business
1 answer:
oee [108]3 years ago
8 0

Solution :

1.  Predetermined overhead rate

Fixed \text{overhead cost}    (253,000 / 22,000)    =  $ 11.5

Variable \text{overhead cost} per direct labor-hour  = $ 1

Predetermined overhead rate                          = $12.5

2.  Total job cost                  $

   Direct materials               703

  Direct labor cost               317

 Applied overhead (8 hours x $12.5 per direct labor hour)   = 100

 Total job cost                    = $ 1120

3. Charges     = $ 1120 x 140%

                      = $1568

 

You might be interested in
How do people often buy cars?​
ladessa [460]

Drivers are keeping their cars longer than ever before. The average age of all cars on the road is over 11 years, up from eight years in 1995. Motorists who buy a brand-new car typically keep it for about six years, up from about four years in 2006.

mark brainliest  :)

7 0
3 years ago
Read 2 more answers
Twitter allows companies to reach consumers with ________.
ratelena [41]
Twitter allows companies<span> to promote their products in short messages known as tweets limited to 140 characters, therefore, the answer that would best complete the given statement above would be option B. </span>Twitter allows companies to reach consumers with s<span>hort, personal messages. Hope this answers the question.</span>
5 0
3 years ago
Read 2 more answers
Mandy wants to mention detailed information about her hobbies, personal qualities, strengths, and professional achievements in a
dalvyx [7]

Answer:

Career portfolio I think

Explanation:

Tell me if I am wrong please.

6 0
3 years ago
Countess Corp. is expected to pay an annual dividend of $5.29 on its common stock in one year. The current stock price is $79.83
Nostrana [21]

Answer:

10.03%

Explanation:

Using the dividend discount formula, find the cost of equity; r

r = \frac{D1}{P0} +g

whereby,

D1 = Next year's dividend = 5.29

P0 = Current price of the stock = 79.83

g = growth rate of dividends = 3.40% or 0.034 as a decimal

Next, plug in the numbers to the formula above;

r = \frac{5.29}{79.83} +0.034\\ \\ r =0.06627 + 0.034\\ \\ =0.10027

As a percentage, r = 10.03%

Therefore, the company's cost of equity is 10.03%

7 0
3 years ago
Is it okay to write 350 words when the limit is 500 for a college essay?
Novosadov [1.4K]
You should always try to meet the word limit
3 0
3 years ago
Other questions:
  • HELP ME PLEASE!!!!!!!!!!!!
    7·2 answers
  • I NEEEEEEEEEEEED help and idea on a study website for learning im failing i cant really figure out how to use quizlet so any oth
    6·1 answer
  • A Roth IRA and a Tax Deferred investment plan are just two of many ways you can invest into for your retirement. If you wanted t
    14·2 answers
  • Burke tires just paid a dividend of $2.42. analysts expect the company's dividend to grow by 30% this year, 20% next year (year
    15·1 answer
  • You have obtained a sub-sample of 1744 individuals from the Current Population Survey (CPS) and are interested in the relationsh
    15·1 answer
  • Bill's product manager continues to perform well in the market. However, a competing product is coming on strong and is looking
    14·1 answer
  • Okay, Daily Question!
    13·1 answer
  • Suppose that three firms make up the entire wig manufacturing industry. One has a 60% market share, and the other two have a 20%
    12·1 answer
  • Between 2000 and​ 2020, the U.S. government budget deficit
    8·1 answer
  • Harrison is generally satisfied with his current work, but he is not satisfied with how much he is being paid and the benefits h
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!