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Georgia [21]
3 years ago
4

Ed was working on a custom-made workbench for a customer. The job, TB0414, was begun in November. At the end of November, the jo

b cost sheet for TB0414 showed direct materials of $215, direct labor of 14 hours at $18 per hour, and overhead of 50% of direct labor cost. During December, Ed’s time ticket showed 15 hours on Job TB0414, 25 hours on Job TB0614, 10 hours of maintenance on the lathe, and 40 hours on a new job, DR1014. What is the total amount of overhead applied to TBO414?
Business
1 answer:
shtirl [24]3 years ago
5 0

Answer:

Allocated MOH= $261

Explanation:

Giving the following information:

Predetermined overhead rate= 50% of direct labor cost

<u>To allocate overhead to Job TB0414, we need to use the following formula:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

<u>First, we need to determine the total labor cost:</u>

<u></u>

TB0414:

Direct labor hours= 14 + 15 = 29

Total direct labor cost= 29*18= $522

<u>Now, the allocated overhead:</u>

Allocated MOH= 522*0.5

Allocated MOH= $261

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Answer:

Revealed by

Explanation:

The revealed by is the concept that is applied in the case when the classification of the derivatives for the new document is inbuilt and get the authorized source for classification into a new document plus the same is to not seen in the source document

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4 0
3 years ago
Partner Industries sells a single product for $50 that has a variable cost of $30. Fixed costs amount to $5 per unit when antici
Vera_Pavlovna [14]

Answer:

b. $20.

Explanation:

Regardless of what the break-even volume is, at this volume profits are zero.

This means that any unit sold beyond this point will provide a profit equivalent to its marginal benefit, which is its selling price subtracted by its variable cost.

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The profit will be $20.

8 0
4 years ago
In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income $
Svetlanka [38]

Answer:

See below

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Net income during the year

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3 0
3 years ago
A target market often includes more than one market segment
stira [4]

yes a target market often includes more than one market segment.

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The target market mostly comprises of consumers who shows similar traits(such as age,location,income or lifestyle) and are considered most probable to buy a buisness’s market offerings or are probable to be the most gainable section for the buisness to service.

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ikadub [295]

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It is genuine with respect to the impact of gathering cohesiveness and execution standards on bunch profitability.

Gathering cohesiveness is one of the trademark highlights of the gatherings, which is significant from the behaviouristic perspective. Cohesiveness is how much the gathering individuals are pulled in to one another and are persuaded to remain in the gatherings. Cohesiveness characterizes the level of closeness that the individuals feel with the gatherings. It is comprehended as the degree of preferring every part has towards others in the gathering and how far everybody needs to stay as an individual from the gathering.  

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