Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need the last two remaining parts to this problem Question Help i More Info . ew plant sites. The company uses a job order

I need the last two remaining parts to this problemimage text in transcribedimage text in transcribed

Question Help i More Info . ew plant sites. The company uses a job order costing system with beginning of 2018, managing partner Debra Martinez prepared the Information.) Drayne Manufacturing, Inc. is inviting several consultants to bid for work. Debra Martinez wants to submit a bid. She estimates that this job will require about 220 direct labor hours. Print Done 0 - X Data Table Estimated total indirect costs 2,167,500 Estimated direct labor costs 2,550,000 equirement 2. Compute the predicted cost of the Drayne Manufacturing ja Martinez Realtors Estimated Cost of the Drayne Manufacturing Job Direct labor hrs. x 200 Indirect costs Direct labor hours (professionals) Direct labor costs (professionals) Office rent Support staff salaries Utilities 12,750 hours $ 2,550,000 320,000 1,407,500 440,000 85 % x Print Done Total predicted cost oose from any list or enter any number in the input fields and then click Check Answer. E17-27 (similar to) * Question Help Martinez Realtors, a real estate consulting firm, specializes in advising companies on potential new plant sites. The company uses a job order costing system with a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2018, managing partner Debra Martinez prepared the following budget for the year: Click the icon to view the prepared budget.) (Click the icon to view additional information.) Read the requirements Now compute Martinez Realtors' (b) predetermined overhead allocation rate. Predetermined overhead / Estimated direct labor costs Estimated total indirect costs 2.167,500 allocation rate 85 % $ 2.550,000 Requirement 2. Compute the predicted cost of the Drayne Manufacturing job. Martinez Realtors Estimated Cost of the Drayne Manufacturing Job Direct labor 200 + Indirect costs hrs. X 85 % x Total predicted cost Choose from any list or enter any number in the input fields and then click Check Answer. 1 pan Clear All Check Answer remaining

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managing The Audit Function A Corporate Audit Department Procedures Guide

Authors: Michael P. Cangemi, Tommie W. Singleton

3rd Edition

0471281190, 978-0471281191

More Books

Students also viewed these Accounting questions

Question

What does stickiest refer to in regard to social media

Answered: 1 week ago

Question

describe the main employment rights as stated in the law

Answered: 1 week ago