Req. 23: Would the cost of Job 114, as reported on the job cost record, have been different had the company used "direct labor cost" as the MOH allocation base, rather than "direct labor hours"? Explain. (1 pt) Req. 24: Would the cost of Job 114, as reported on the job cost record, have been different had the company's production equipment been 6 years old, rather than 3 years old? Explain. (1 pt) Req. 25: The budgeted data for the year did not include employment benefits, such as paid time off, company-paid health insurance, or company-sponsored retirement plans. From an accounting standpoint, how should these costs be treated if they relate to selling and administrative personnel? How should they be treated if they relate to plant personnel? Through what mechanism(s) might these costs be assigned to jobs if they relate to employees working in the plant? (3 pts) Req. 26: As a manager, you always need to be thinking about how to decrease costs without sacrificing the quality of your products and services. Generate 3-5 specific ideas this company could possibly implement for decreasing costs on similar jobs in the future. Note: General answers such as "spend less on labor" or "be more efficient" will not count. You must generate specific, realistic and actionable recommendations managers could take to possibly decrease production costs related to similar jobs in the future. (3 pts) Req. 23: Would the cost of Job 114, as reported on the job cost record, have been different had the company used "direct labor cost" as the MOH allocation base, rather than "direct labor hours"? Explain. (1 pt) Req. 24: Would the cost of Job 114, as reported on the job cost record, have been different had the company's production equipment been 6 years old, rather than 3 years old? Explain. (1 pt) Req. 25: The budgeted data for the year did not include employment benefits, such as paid time off, company-paid health insurance, or company-sponsored retirement plans. From an accounting standpoint, how should these costs be treated if they relate to selling and administrative personnel? How should they be treated if they relate to plant personnel? Through what mechanism(s) might these costs be assigned to jobs if they relate to employees working in the plant? (3 pts) Req. 26: As a manager, you always need to be thinking about how to decrease costs without sacrificing the quality of your products and services. Generate 3-5 specific ideas this company could possibly implement for decreasing costs on similar jobs in the future. Note: General answers such as "spend less on labor" or "be more efficient" will not count. You must generate specific, realistic and actionable recommendations managers could take to possibly decrease production costs related to similar jobs in the future. (3 pts)
