FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The ending inventory of finished goods has a total cost of $11.300 and consists of 800 units. If the overhead applied to these goods is

image text in transcribed
image text in transcribed
The ending inventory of finished goods has a total cost of $11.300 and consists of 800 units. If the overhead applied to these goods is $3,796, and the overhead rate is 73% of direct labor, how much direct materials cost was incurred in producing these units? Multiple Choice $2,304. $7504. . $4821. $5.200

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

2 Principles Of Financial And Managerial Accounting

2 Principles Of Financial And Managerial Accounting

Authors: Pollard, Sherry T. Mills, Walter T. Harrison Jr.

0136009891, 978-0136009894

More Books

Students also viewed these Accounting questions

Question

★★★★★
Determine the following limits and state which theorems are used in each case. (You may wish to use Exercise 15 below.) (a) (b) (c) (d) 2x +1 1 im lim(x>0) im r >0 lim-xr-_ (x > 0). lim(x>0

Answered: 1 week ago

Question

★★★★★
ABC Bank has an ROE of 5%. Its plowback ratio is 50%. What is the internal capital growth rate?

Answered: 1 week ago

Question

★★★★★
2. Format Variations Abroad. Various kinds of standard message formats are different from country to country. For example, resumes in Germany look much different from those in the United States. In...

Answered: 1 week ago

Question

★★★★★
For 2015, Parker Games has the following inventory transactions related to its traditional board games. Because of the increasing popularity of electronic video games, Parker Games continues to see a...

Answered: 1 week ago

Question

★★★★★
5 Marcelino Co.'s March 31 inventory of raw materials is $86,000. Raw materials purchases in April are $520,000, and factory payroll cost in April is $381,000. Overhead costs incurred in April are:...

Answered: 1 week ago

Question

★★★★★
Flamengo Co is a sporting goods manufacturing company. The basketball division has the opportunity to invest in two projects for the coming year. The manager needs to make a decision based on the...

Answered: 1 week ago

Question

★★★★★
Brad is a gymnast and generally consumes about 2,000 kcal per day. To help him maintain optimal performance, about how many Calories in his diet should come from fat? Group of answer choices no more...

Answered: 1 week ago

Question

★★★★★
What does the subnet mask 255.255.255.0 tell a router? A. The next hop in the network route B. What the MAC address of a host is C. Which part of an IP address is the subnet ID and which is the...

Answered: 1 week ago

Question

★★★★★
Suppose twin cities memorial hospital has issued tax exempt bonds that have an interest rate of 6 percent. with all else the same, should camila buy the hca healthcare of the twin cities bonds.?

Answered: 1 week ago

Question

★★★★★
Control: On a monthly basis, each component controller performs a comparison of operating results to budget amounts for their respective component. Variances in excess of US$25,000 are investigated....

Answered: 1 week ago

Question

★★★★★
12. Prepare a Double Column Cash Book from the following with Cash & Bank Column. 2022 Jan. 1 Jan. 4 Balance in hand 6,000 and overdraft at Bank 7,000 Received a cheque from Avinash and Co. for goods...

Answered: 1 week ago

Question

★★★★★
What will you do or say to Anthony about this issue?

Answered: 1 week ago

Question

★★★★★
A Many celebrities (including Ricky Martin, Selena Gomez, Laurence Fishburne, and Edward Norton) work with the United Nations as goodwill ambassadors for a variety of specific causes. Why do you...

Answered: 1 week ago

Question

★★★★★
C Do many Americans dismiss the plight of refugees as something that is not a problem? Does putting a human face on displaced people make them seem more real?

Answered: 1 week ago

Previous Question Next Question