Newhard Company assigns overhead cost to jobs on the basis of 125% of direct labor cost. The
Question:
Required:
What is the total manufacturing cost assigned to Job 313? What is the unit product cost for Job 313?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
Direct material 10000 Direct labor 12000 Ma...View the full answer
Answered By
Branice Buyengo Ajevi
I have been teaching for the last 5 years which has strengthened my interaction with students of different level.
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Question Posted:
Students also viewed these Managerial Accounting questions
-
A company assigns overhead cost to completed jobs on the basis of 125% of direct labor cost. The job cost sheet for Job 313 shows that $10,000 in direct materials has been used on the job and that...
-
A company assigns overhead cost to completed jobs on the basis of 120% of direct labor cost. The job cost sheet for Job 413 shows that $12,000 in direct materials has been used on the job and that...
-
A company assigns overhead cost to completed jobs on the basis of 150% of direct labour cost The job cost sheet for Job 313 shows that $12,000 in direct materials was used on die job and that $16,000...
-
An LNC can detect alterations in the record by Select one: a. Examining notes written in the margin b. Looking through late entries for detailed explanations c. Finding a doctor's explanation that is...
-
A 1-kg block of copper at 100 o C is placed in a calorimeter of negligible heat capacity containing 4 L of water at 0 o C. Find the entropy change of (a) The copper block, (b) The water, and (c) The...
-
Consider a solar-pond power plant that operates on a simple ideal Rankine cycle with refrigerant-134a as the working fluid. The refrigerant enters the turbine as a saturated vapor at 1.4 MPa and...
-
State which alternative in each of the following cases is correct: (a) Unearned income is (i) A liability (ii) An asset (iii) An expense (b) Stock in trade is valued at (i) Cost price (ii) Market...
-
Refer to the data provided in E4A. In E4A. In chronological order, the inventory, purchases, and sales of a single product for a recent month are as follows. 1. Using the perpetual inventory system,...
-
please answer all parts to this one question The following map depicts western forestland WA MT ND MN OR ID SD WY IA NV NE UT CO MG KS AZ NM OK TX Mining Forest Grassland The lumber Industry expanded...
-
Methane is compressed in two-stage, double-acting compressor which is electrically driven at 165 rpm. The low pressure cylinder (30.5 x 35.5 cm) receives 6.86 cu m per minute of air at 96.53 kPa,...
-
Hahn Company uses a job-order costing system. Its plant wide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $15 per hour. During the...
-
Taveras Corporation is currently operating at 50% of its available manufacturing capacity. It uses a job-order costing system with a plant wide predetermined overhead rate based on machine-hours. At...
-
Which of the following would best describe our trading relationship with China five years from now? a) Our trade deficit will be higher and we will be importing a higher proportion of low-skill...
-
A program X running on processor A has a global CPI of 2 and a clock frequency of 2 GHz. The same program X running on processor B has a global CPI of 5 and a clock frequency of 5 GHz. what processor...
-
20 cm Room (3) 20 cm + 1 D=10 cm + 20 cm [ 10 10 cm Figure 7 (d) Using configuration factor formulae given in Figures 7(a), 7(b) and 7(c) Calculate configuration factor F12 in Figure 7(d) treating...
-
2. Let P(3,2,1),Q(2,1,c) and R(c,1,0) be points in R3. (a) Use the cross product definition to find the area of triangle PQR in terms of c. (b) For what values of c (if any) is PQR a right triangle?
-
Find and classify the discontinuities of the following function as removable or nonremovable. If a classification has no discontinuities, write None for your answer. Answer 03023 Hawks Learning A(x)=...
-
Do you see a parallel between the evolution of goals in economics and the move from Corporate Social Responsibility (CSR) to environmental, social, and governance (ESG), ? If so, please explain...
-
What are the four reasons users tell stories to analysts?
-
1. Advertising for eyeglasses _________ (increases/decreases) the price of eyeglasses because advertising promotes _________. 2. An advertisement that succeeds in getting consumers to try the product...
-
Lander Company has an opportunity to pursue a capital budgeting project with a five-year time horizon. After careful study, Lander estimated the following costs and revenues for the project: Cost of...
-
Rosman Company has an opportunity to pursue a capital budgeting project with a five-year time horizon. After careful study, Rosman estimated the following costs and revenues for the project: Cost of...
-
Shimano Company has an opportunity to manufacture and sell one of two new products for a five-year period. The companys tax rate is 30% and its after-tax cost of capital is 14%. The cost and revenue...
-
3. The nominal interest rate compounded monthly when your $7,000 becomes $11,700 in eight years is ________
-
An investor can design a risky portfolio based on two stocks, A and B. Stock A has an expected return of 21% and a standard deviation of return of 39%. Stock B has an expected return of 14% and a...
-
Advanced Small Business Certifica Drag and Drop the highlighted items into the correct boxes depending on whether they increase or decrease Alex's stock basis. Note your answers- you'll need them for...
Study smarter with the SolutionInn App