Signal Detection Theory

Landen Corporation uses a job-order costing system. At the beginning of the year, the company made the following estimates:

svet-max [94.6K]

Answer:

1.

a. The estimated total overhead cost is computed as follows:

Y = $784,000 + ($2.00 per DLH)(140,000 DLHs)

Estimated fixed manufacturing overhead $ 784,000

Estimated variable manufacturing overhead:

$2.00 per DLH × 140,000 DLH= 280,000

Estimated total manufacturing overhead cost 28000+784000=$ 1,064,000

The predetermined overhead rate is computed as follows:

Estimated total manufacturing overhead (a) $ 1,064,000

Estimated total direct labor-hours (b) 140,000 DLH

Predetermined overhead rate (a) ÷ (b) $ 7.60 per DLH

b.Total manufacturing cost assigned to Job 550:

Direct materials $ 175

Direct labor 225

Manufacturing overhead applied

($7.60 per DLH × 15DLA)= 114

Total manufacturing cost of Job 550 $ 514

c.The selling price for Job 550 is computed as follows:

Job 550

Total manufacturing cost $ 514

Markup (200%) 1,028

Selling price $ 1,542

2.

a.The estimated total overhead cost is computed as follows:

Y = $784,000 + ($4.00 per MH)(70,000 MHs)

Estimated fixed manufacturing overhead $ 784,000

Estimated variable manufacturing overhead:

$4.00 per MH × 70,000 MHs= 280,000

Estimated total manufacturing overhead cost $ 1,064,000

The predetermined overhead rate is computed as follows:

Estimated total manufacturing overhead (a) $ 1,064,000

Estimated total machine-hours (b) 70,000MHs

Predetermined overhead rate (a) ÷ (b) $ 15.20 per MH

b.Total manufacturing cost assigned to Job 550:

Direct materials $ 175

Direct labor 225

Manufacturing overhead applied

($15.20 per MH × 5 MH)= 76

Total manufacturing cost of Job 550 $ 476

2.

c. The selling price for Job 550 is computed as follows:

Job 550

Total manufacturing cost $ 476

Markup (200%) 952

Selling price $ 1,428

Explanation:

6 0

3 years ago

SUBCRIBE TO MARKIPLIER NOW!

postnew [5]

Answer:

Ok

Explanation:

:)

5 0

2 years ago

Read 2 more answers

Comparison: How did the patterns of settlement differ among the Spanish, English, French, and Dutch immigrants?

SashulF [63]

Spanish settlement began in the early 16th century and was a massive and intensive enterprise organized, subsidized and overseen by the Spanish Crown, whereas English, Dutch and French settlement of the New World began about a hundred years after the Spanish effort and was a more timid and tentative affair; for instance, when the first successful English settlement in North America was founded —Jamestown colony in present-day Virginia in 1607— the Spanish colony of Puerto Rico had had governors and organized governments for a hundred years and when the Pilgrims landed in Plymouth rock in present-day Massachusetts in 1620, Puerto Rico’s capital city of San Juan was celebrating its first century of existence. English settlement patterns changed substantially later on and the Thirteen Colonies were very successful enterprises but in other parts of the New World the English —or British— built upon Spanish success. Jamaica was founded as a SPANISH colony and remained one until the British conquered it in the late 17th century; Trinidad was founded as a SPANISH colony until the British conquered it in 1797 during the French Revolutionary Wars. Florida also started out as a Spanish colony, was taken over by the British at the end of the Seven years War (1756–1763), was returned to Spain at the end of the American Revolution —in payment for Spain’s assistance to the Americans— and was purchased by the US from Spain in 1819. Belize —British Honduras— was founded on marginal land that the Spanish Crown didn’t really care for in Central America. The Dutch concerned themselves with much smaller settlements in the Lesser Antilles and Dutch Guiana —present day Suriname— and the French, even though they settled over a much larger area, comprising Canada and the Louisiana territory, did not treat human settlement over such a large area with the same energy and dedication that the British did, such that by the time of the Seven Years War —known in the US and Canada as the “French and Indian War”— the entire European population of ALL of French Canada —not counting Native Americans— was only 80,000 and that for the Louisiana territory —again, not counting Native Americans— was perhaps another 20,000 AT MOST—at a time when the Thirteen (British) colonies in North America had a total population of two and a half million.

3 0

2 years ago

Joseph thinks he does worse on tests when the weather is bad. In reality, his test

neonofarm [45]

This question is an example of the fallacy of correlation and causation.

The fallacy exists due to the fact that human beings like to find cause and effects towards the things that to not exist.

So they have to fabricate patterns that would end up making two different variables and situations to be closely similar.