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
nikklg [1K]
3 years ago
5

At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job cost sheets reveal the following informatio

n:Job Direct Materials Direct Labor Machine HoursJob 765 $6,160 $1,848 22Job 766 13,338 4,212 78Job 765 produced 132 units, and Job 766 consisted of 234 units.Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $107 per hour.a. Determine the balance on the job cost sheets for each job.
Business
1 answer:
bulgar [2K]3 years ago
3 0

Answer: See explanation

Explanation:

The balance on the job cost sheets for each job will be:

Job 765:

Direct materials = $6160

Direct labor = $1848

Overhead cost = 22 × $107 = $2354

Total job cost = $6160 + $1848 + $2354 = $10362

Job 766:

Direct materials = $13338

Direct labor = $4212

Overhead cost = 78 × $107 = $8346

Total job cost = $13338 + $4212 + $8346 = $25896

You might be interested in
The following information was collected for the first year of manufacturing for Appliance Apps: Direct Materials per Unit $2.50
lara31 [8.8K]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the total unitary variable cost:</u>

Total unitary variable cost=2.5 + 1.5 + 0.25 + 1.5

Total unitary variable cost= $5.75

<u>Now, the variable costing income statement:</u>

Sales= 33,000*12= 396,000

Total variable cost= (33,000*5.75)= (189,750)

Total contribution margin= 206,250

Fixed Manufacturing Expenses= (117,000)

Fixed Selling and Administration Expenses= (21,000)

Net operating income= 68,250

4 0
3 years ago
An office management firm has developed a system for efficiently organizing small medical and dental practices both through prop
Olegator [25]

Answer:

The answer is option C.  achieve economies of scope.

Explanation:

An Economies of scope is a  proportionate saving gained by producing two or more distinct goods, when the cost of doing so is less than that of producing each separately.  

Based on the scenario portrayed in the question, the office management firm is hoping to achieve economies of scope.

6 0
3 years ago
Read 2 more answers
What can hope do to change the numbers 2, 3, 5 and 6 to lowercase letters?
RideAnS [48]

Answer: D

Explanation:

Use the Mutlilevel List Icon

6 0
3 years ago
To finance some manufacturing tools it needs for the next 3 years, waldrop corporation is considering a leasing arrangement. the
KATRIN_1 [288]
"The answer is $106".

After tax cost of debt               6%
Dep per year                          1600
Tax sav from dep                   640
cost of owning       0               1
interest                                  -480
tax saving                               192
maintence                                 -240
maintenece saving                     96
Depn tax saving                          640
loan repay
net cash cost                              208
PV cost of owning (6%)             -3474
cost of leasing
lease payment                           -2100
Tax savings from lease                840
net cash cost                           -1260
PV cost lease 6%                     -3368
PV cost own - Pv cost lease       106
3 0
3 years ago
Monica heard that as a general rule, she should spend no more than one week's pay on rent. If Monica's salary is $42,068 per yea
BlackZzzverrR [31]
The answer is $809. There are 52 weeks in a year, so $42,068/52 = $809.
8 0
3 years ago
Read 2 more answers
Other questions:
  • Barat owns a large chain of Indian markets. A significant part of his job is determining the amount of income left after taxes a
    10·1 answer
  • Currently, Mucho Dinero is organized into specialized departments such as marketing, finance, production and personnel. These de
    7·1 answer
  • The ABC Corporation decreases all of its inputs by 12 percent and finds that its output falls by only 8 percent. This means that
    9·1 answer
  • In _____ innovation, innovations in products or services end up completely replacing existing products or service technologies.
    12·1 answer
  • If the total for this month's credit purchases is $550 at 24% annual interest, what is the total balance for the month after one
    13·2 answers
  • A ________ is made up of a company, its suppliers, its distributors, and its customers who partner with each other to improve th
    9·2 answers
  • In the short​ run, firms will​ _______. A. incur an economic loss B. continue to break even C. make an economic profit Some firm
    13·1 answer
  • For each of the following shifts(A,B,C,&amp;D) in the demand curve and associated price change of a complement or substitute ite
    14·1 answer
  • How does Samsung share its knowledge within the Samsung organization,
    9·1 answer
  • Why do you think that luxury brands are particularly interested in investing in social media influencers?.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!