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Will give a thumbs-up; thank you!! would appreciate all steps shown Pina's Van Service customizes light trucks according to customers' orders. This month the company
Will give a thumbs-up; thank you!! would appreciate all steps shown
Pina's Van Service customizes light trucks according to customers' orders. This month the company worked on five jobs, numbered 207 through 211. Materials requisitions for the month were as follows: Ticket Paint Other Carpet $ 40 Electronics $ 575 Total $ 955 207 $ 340 75 205 390 670 208 209 210 185 410 205 800 895 165 700 30 65 50 211 Indirect 115 750 $ 750 Total costs $ 4,185 An analysis of the payroll records revealed the following distribution for labour costs: 207 208 209 211 Other Job Direct labour Indirect labour 210 $ 1,800 $ 1,500 $ 1,200 $ 800 $ 400 Total $ 5,700 2,200 $ 7,900 $ 2,200 Total costs Other overhead costs (consisting of rent, amortization, taxes, insurance, utilities, etc.) amounted to $3,600. At the beginning of the period, management anticipated that overhead costs would be $6,400 and total direct labour would amount to $5,000. Overhead is allocated on the basis of direct labour dollars. Jobs 207 through 210 were finished during the month; Job 211 is still in process. Jobs 207 through 209 were picked up and paid for by customers. Job 210 is still on the lot, waiting to be picked up. Calculate the total cost for each job for this month. (Round overhead rate to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 5,125.) Job 207 $ Job 208 $ Job 209 $ Job 210 $ Job 211 $ LINK TO TEXT LINK TO TEXT LINK TO TEXT Calculate the overapplied or underapplied overhead. Overhead $ LINK TO TEXT LINK TO TEXT LINK TO TEXT Suppose that a customer who has just started a catering service wants to customize her truck but has a limited budget for the job. Estimated paint, electronics, and materials for containers to keep food cold or warm amounts to $1,640. Direct labour is estimated to be $1,200. The customer's budget is $2,780, but she is hoping that the delivery service will be successful so that she can order more trucks in the next several years. Calculate the minimum price that would be acceptable if there is ample capacity to accept the job. Minimum price $ LINK TO TEXT LINK TO TEXT LINK TO TEXTStep by Step Solution
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