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
meriva
2 years ago
6

A job cost sheet of Sandoval Company is given below.

Business
1 answer:
OLEGan [10]2 years ago
8 0

Answer:

A. Direct materials-Materials requisition slips

Direct labor-Time tickets

Manufacturing overhead- Predetermined overhead rate

B. 125%

C. Total cost $7,760

Unit cost $3.104

Explanation:

1. Based on the information given the source documents for direct materials, direct labor, and manufacturing overhead costs assigned to this job are :

Direct materials-Materials requisition slips

Direct labor-Time tickets

Manufacturing overhead- Predetermined overhead rate

2. Calculation to determine the predetermined manufacturing overhead rate

Predetermined overhead rate=$550/$440*100

Predetermined overhead rate=125%

Therefore the predetermined manufacturing overhead rate is 125%

3. Calculation to determine the total cost and the unit cost of the completed job

TOTAL COST

Direct Material $4, 700

($700 + $900 + $1,600 + $1,500)

Add Direct Labor $1,360

($440 + $380 + $540)

Add Manufacturing Overhead $1,700

($550 + $475 + $675)

Total Cost $7,760

UNIT COST

Unit cost= $7,760/ 2,500

Unit cost=$3.104

Therefore the total cost is $7,760 and the unit cost of the completed job is $3.104

You might be interested in
In what way is the mississippi college savings account program helping to bridge the economic divide?
3241004551 [841]

Answer:

The mississippi college savings account program helps children save for more expensive schools by starting a savings account at a very young age.

The Mississippi College Savings Account Plan is helping bridge the economic drive by allowing the students to become familiar with the banking service, getting them used to the banking system and saving accounts.

4 0
3 years ago
Online Book Merchants offers premium customers 1 free book with every purchase of 5 or more books and offers 2 free books with e
EastWind [94]

Answer:

A statement that assigns freeBooks the appropriate value based on the values of the boolean variable isPremiumCustomer and the int variable nbooksPurchased.

if(nbooksPurchased > 4){

if(isPremiumCustomer){

freeBooks = 1;

if(nbooksPurchased > 7){

freeBooks = 2;

}

}else{

freeBooks = 0;

if(nbooksPurchased > 6){

freeBooks = 1;

}

if(nbooksPurchased > 11){

freeBooks = 2;

}

}

}else{freeBooks = 0;}

Explanation:

5 0
3 years ago
why school cant just end why cant we have a president that stops school im not learning anything anyway
gavmur [86]

Answer:You are so right I can't learn anything either Good day

Explanation:YOU CHOOSE THE SMARTEST

5 0
3 years ago
The __________ states that businesses will produce more products when they can sell them at higher prices.
jeka94
The answer that would best complete the given statement above would be option A. It is the LAW OF SUPPLY that states that businesses will produce more products when they can sell them at higher prices. On the other hand, the law of demand<span> states that buyers will want more products when prices are low. Hope this answers your question.</span>
7 0
3 years ago
Read 2 more answers
DT Motors paid its first annual dividend yesterday in the amount of $.15 a share. The company plans to double the dividend in ea
devlian [24]

Answer:

Price = $8.92

Explanation:

Dividend from yr1 to yr3 will be multiplied by 2 since it doubles per year;

D1 = $0.15*2 = $0.30

D2 = $0.30 *2 = $0.60

D3 = $0.60 *2 = $1.20

D4 (onwards) = $1.50

Next, find the present value (PV) of each dividend;

PV(D1) = 0.30/(1.138) = 0.2636

PV (D2) = 0.60/(1.138²)= 0.4633

PV(D3 ) = 1.20/ (1.138³) = 0.8142

PV(D4 onwards) = \frac{[\frac{1.50}{0.138} ]}{1.138^{3} } = 7.3754

To find the price of the stock today, sum up present values above;

= 0.2636 + 0.4633 + 0.8142 + 7.3754

Price = $8.92

5 0
3 years ago
Other questions:
  • Why are both life expectancy and quality of life used to evaluate overall health?
    15·1 answer
  • The journal entry to record the purchase of equipment for a $140 cash down payment and a balance of $480 due in 30 days would in
    10·1 answer
  • In an early U.S. Supreme Court interpretation of the commerce clause, the Court ruled that _______ could regulate labor relation
    12·1 answer
  • Which characteristic describes the privatization of Social Security?
    8·2 answers
  • You and your new Australian bride Matilda, are applying for a loan and are required to submit a balance sheet with your net wort
    11·1 answer
  • If a bank depositor withdraws $1000 of currency from an account, what happens to bank reserves, checkable deposits, and the mone
    5·1 answer
  • According to the five forces model, an attractive industry would include all of the following characteristics EXCEPT: a. low thr
    12·1 answer
  • Sue and Andrew form SA general partnership. Each person receives an equal interest in the newly created partnership. Sue contrib
    15·1 answer
  • U.S. appliance manufacturers find that different customs about shopping must be considered to determine product design. For inst
    14·2 answers
  • A farm is currently producing at point C on this curve.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!