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
NISA [10]
3 years ago
15

Reynolds Manufacturers Inc. has estimated total factory overhead costs of $134,200 and expected direct labor hours of 12,200 for

the current fiscal year. If Job 117 incurs 1,030 direct labor hours, Work in Process will be debited and Factory Overhead will be credited for a.$1,030 b.$134,200 c.$11,330 d.$67,100
Business
1 answer:
Hitman42 [59]3 years ago
5 0

Answer:

c. 11,330

Explanation:

With regards to the above, we need to compute first, predetermined overhead rate allocation

= Estimated aggregate overhead / Estimated number of labor hours

= $134,200 / 12,200

= $11 per hour

The overhead cost to be allocated to job no 117 will be;

= Number of direct labor hours × predetermined rate of overhead

= 1,030 × $11

= $11,330

You might be interested in
Solution Enterprises incurred $828,000 of fixed overhead during the period. During that same period, the company applied $845,00
Wewaii [24]

Answer:

Budgeted fixed overhead= $787,000

Explanation:

Budget variance = Actual overhead-budgeted overhead

-41000 = 828000-X

X = 787000

So answer is $787000

5 0
3 years ago
Damaris is a member of AASA. What did she most likely learn from a meeting she recently went to?
Temka [501]

Answer: B. there is a conference for school principals coming to town.  I hope this  helps everyone :)

I took a test so i know this answer is correct! :)

7 0
4 years ago
Read 2 more answers
Jamison Company uses the total cost method of applying the cost-plus approach to product pricing. Jamison produces and sells Pro
vlada-n [284]

Answer:

The mark up percentage on total cost is 13%.

Explanation:

Mark up percentage on total cost refers to the profit as a percentage of the total cost.

Therefore, the mark up percentage on total cost can be calculated using the following formula:

Mark up percentage on total cost = (Desired profit / Total cost) * 100 ......... (1)

Where;

Desired profit = $143

Total cost = $1,100

Substituting the values into equation (1), we have:

Mark up percentage on total cost = ($143 / $1,100) * 100 = 0.13 * 100 = 13%

Therefore, the mark up percentage on total cost is 13%.

8 0
3 years ago
Splendid Occasions received $2,970 for services to be performed for the next 8 months on March 31 and recorded this transaction
Kay [80]

Answer:

If Splendid Occasions had recorded their service revenue using the other method, how much service revenue would they have recorded for the year?

Ans: $2,970

The ''other method'' in question is the Cash method which recognizes revenue when cash is paid unlike the Accrual method that recognizes it when earned.

Using the Cash method the Service Revenue would be $2,970 because the cash has been received for it.

If Sweet Catering had recorded transactions using the Cash method, how much net income (loss) would they have recorded for the month of May?

= Cash revenues - Cash expense

=  Received cash for meals served to customers - Prepaid rent for three months - Received and paid electricity bill

= 2,530 - 2400 - 60

= $70

If Sweet Catering had recorded transactions using the Accrual method, how much net income (loss) would they have recorded for the month of May?

= Revenue - Expense

= Served a banquet on account + Received cash for meals served to customers - Rent - Electricity - Accrued salary expense - depreciation

= 2,810 + 2,530 - (2,400/3) - 60 - 2,670 - 380

= $1,430

<em>Cash spent on Equipment is not expense but capital expenditure. </em>

4 0
3 years ago
When doubles and decreases by half:____.
kompoz [17]

Answer:

A. y increases and c increases

<h3>Explanation:</h3>
  • The rate of reaction doubles decreases by half for every 10°C change in either direction.

To learn more about it, refer

to brainly.com/question/25311149

#SPJ4

5 0
2 years ago
Other questions:
  • In the concept of best fit privilege, a user has the bare minimum access based on what is needed to complete one’s responsibilit
    15·1 answer
  • In January, Dieker Company requisitions raw materials for production as follows: Job 1 $970, Job 2 $1,520, Job 3 $810, and gener
    5·1 answer
  • In most industries, getting into which kind of role usually requires experience? A. Entry-level B. Intership C. Managerial
    12·2 answers
  • gain or loss on the disposal of assets is determined by comparing the disposed asset's book value to the value of any assets rec
    14·1 answer
  • What is the total stockholders' equity based on the following account balances?
    8·1 answer
  • A jewelry store has 107.25 ounces of 14-carat gold in stock
    5·1 answer
  • Christine manages a car wash. The owner of the car wash thinks they could be making bigger profits. Christine looks for ways to
    13·1 answer
  • HELP IM TIMED!!!!!!!!!
    11·1 answer
  • I need help asap ! thank you :)
    9·1 answer
  • Grace wants to work with clients who are interested in time-shares. What property type will she be dealing with
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!