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Artemon [7]
3 years ago
5

LO 4.2Which document shows the cost of direct materials, direct labor, and overhead applied for each specific job?

Business
1 answer:
SIZIF [17.4K]3 years ago
6 0

Answer: Job cost sheet

Explanation: A Job cost sheet is a document used to record manufacturing costs and  is is used to compute and allocate costs to products and services.

A Job cost sheet is not only used to charge cost to jobs but is also a part of the company’s accounting record as it contains all information about a job in process and it is prepared for each individual job to be manufactured.

Information detailed on a job cost sheet includes the department, Item, cost of direct materials, cost of direct labour, other manufacturing overhead costs, Total Costs and costs per unit produced.

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Which of the following activities is included in strategy​ implementation? A. Develop a​ strategy-supportive culture and create
Advocard [28]
<h2>All the given choices are right.</h2>

Explanation:

Option A: The organizational structure plays a major role creating success stories of the organization as well to run process in a smoother way.

Option B: SWOT analysis or matrix is a must that everyone has to do to identify Strength, weakness, opportunities and threats. This is one of the best self-analysis tools.

Option C: There should be short term goal and long term goal to carry forward in the right path which can also be termed as "annual objectives". Developing vision equally contributes to the activities in strategy implementation.

Option D: Valid pointer

Option E: Motivating employees is the best tool to bring success to the organization.

8 0
4 years ago
Ye’ Olde Barrel Shop sells oak barrels to a local winery. The Master Cooper would like to reduce her oak lumber inventory by d
mihalych1998 [28]

Answer:

The EOQ is 642

The reorder point is 2,699

Explanation:

In order to calculate the EOQ we would have to calculate the following formila:

EOQ=√2DS/H

According to the given data we have the following:

D = 55,000

S = 21

H=40%*purchase cost

H=0.4*14 = 5.6

Therefore, EOQ=√(2*55,000*21)/5.6

EOQ=642

To calculate the reorder point If a service level of 98% is desired during the reorder interval, we would have to use the following formula:

reorder point=dL+z√σ∧2dL+σ∧2Ld∧2

reorder point=(7*205.22)+√(2.05*√(5∧2*7)+(3∧2*205.22∧2)

reorder point=2,699

7 0
4 years ago
The ACC Tutoring Service provides tutoring to accounting students.
anzhelika [568]

Answer:

$17,500

Explanation:

The computation of the fixed cost and the variable cost per hour by using high low method is shown below:

Variable cost per hour = (High tutoring cost - low tutoring cost) ÷ (High service hours - low service hours)

= ($125,000 - $55,000) ÷ (4,300 hours - 1,500hours)

= $70,000 ÷ 2,800 hours

= $25

Now the fixed cost equal to

= High tutoring cost - (High service hours × Variable cost per hour)

= $125,000 - (4,300 hours × $25)

= $125,000 - $107,500

= $17,500

5 0
4 years ago
Ecker Company reports $1,750,000 of net income for 2017 and declares $245,000 of cash dividends on its preferred stock for 2017.
stich3 [128]

Answer:

$1,505,000

Explanation:

Net income is the earning by the business calculated by deducting all the expenses from the revenue for the period. It is the earning which is available to distribute in the stockholders of the business. The preferred dividend must be paid if there is a profit in the period. The residual amount after deducting profit is available of common shareholders.

Net Income = $1,750,000

Preferred Dividend = $245,000

Income available for Common stockholders = Net Income -  Preferred dividend

Income available for Common stockholders = $1,750,000 - $245,000

Income available for Common stockholders = $1,505,000

5 0
3 years ago
A marketing __________ is defined as the means by which a marketing goal is to be achieved. it is characterized by a specified t
Veseljchak [2.6K]
I think a marketing campaign or a marketing program is your answer to the question.

Hope it helps
Sorry if it is wrong 
8 0
4 years ago
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