Answer:
Total cost= $10,890
Explanation:
<u>First, we need to calculate the predetermined overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (404,200/94,000) + 4
Predetermined manufacturing overhead rate= $8.3 per direct labor hour
<u>Now, we can allocate overhead:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 8.3*100= $830
<u>Finally, the total cost of Job P951:</u>
Total cost= 660 + 9,400 + 830
Total cost= $10,890
Answer:
The expected cost of goods sold for the month of October would be $9700
Explanation:
Formula for taking out cost of goods sold (October) -
BEGINNING INVENTORY
+
PURCHASING MADE
+
ENDING INVENTORY
Available information - beginning inventory = $2300
purchase = $8700
ending inventory = $1300
Putting the values in the formula -
= $2300 + $8700 - $1300
= $9700
Coordinator, Critic, and Recorder. I hope this helps! Have a good one!
<span>their primary difference can be defined as two companies that have different : business models
Amazon provide a medium so other sellers could sell their books through their sites. This way, they won't need any space for their house cause they sell other's product.
Meanwhile, barnes and nobles is a book retailer, which means they produce and put their own books to the stores.</span>
Answer:
$1,256,000
Explanation:
Data provided in the question:
Number of semiannual payments received = 16
Amount of each payment = $100,000
Annual interest rate = 6%
Thus,
Semiannual interest rate = 
= 3% = 0.03
Now,
Payment = Amount × 
or
Payment = $100,000 × 
Payment = $100,000 × 12.56
or
Payment = $1,256,000
