{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-09T15:07:45-04:00", "answer_date": "2024-06-09 15:07:45", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2521146", "url": "\/study-help\/questions\/yancey-productions-is-a-film-studio-that-uses-job-2521146", "question_creation_date_js": "2024-06-09T15:07:45-04:00", "question_creation_date": "Jun 09, 2024 03:07 PM", "meta_title": "[Solved] Yancey Productions is a film studio that | SolutionInn", "meta_description": "Answer of - Yancey Productions is a film studio that uses job - order costing. The company s direct materials include costumes and | SolutionInn", "meta_keywords": "yancey,productions,film,studio,job,-,order,costing,company,s,direct,materials", "question_title_h1": "Yancey Productions is a film studio that uses job - order costing. The company s direct materials include costumes and props. Its direct labor includes", "question_title": "Yancey Productions is a film studio that uses job - order costing.", "question_title_for_js_snippet": "Yancey Productions is a film studio that uses job order costing The company s direct materials include costumes and props Its direct labor includes each film s actors, directors, and extras The company s overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers Yancey applies its overhead cost to films based on direct labor dollars At the beginning of the year, Yancey made the following estimates Direct labor dollars to support all productions $ 8 , 0 5 0 , 0 0 0 Fixed overhead cost $ 4 , 8 3 0 , 0 0 0 Variable overhead cost per direct labor dollar $ 0 2 3 Required Compute the predetermined overhead rate During the year, Yancey produced a film titled You Can Say That Again that incurred the following costs Direct materials $ 1 , 2 8 4 , 0 0 0 Direct labor cost $ 2 , 4 1 5 , 0 0 0 Compute the total job cost for this particular film ", "question_description": "
Yancey Productions is a film studio that uses job<\/span>-<\/mo><\/mrow><\/math>order costing. The company<\/span><\/mi><\/mrow><\/math>s direct materials include costumes and props. Its direct labor includes each film<\/span><\/mi><\/mrow><\/math>s actors, directors, and extras. The company<\/span><\/mi><\/mrow><\/math>s overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor<\/span>-<\/mo><\/mrow><\/math>dollars.<\/span> <\/div>
<\/div>
At the beginning of the year, Yancey made the following estimates:<\/span><\/div>
<\/div>
Direct labor<\/span>-<\/mo><\/mrow><\/math>dollars to support all productions $ <\/span>8<\/mn>,<\/mo>0<\/mn>5<\/mn>0<\/mn>,<\/mo>0<\/mn>0<\/mn>0<\/mn><\/mrow><\/math> <\/div>
Fixed overhead cost $ <\/span>4<\/mn>,<\/mo>8<\/mn>3<\/mn>0<\/mn>,<\/mo>0<\/mn>0<\/mn>0<\/mn><\/mrow><\/math> <\/div>
Variable overhead cost per direct labor<\/span>-<\/mo><\/mrow><\/math>dollar $ <\/span>0<\/mn>.<\/mn>2<\/mn>3<\/mn><\/mrow><\/math> <\/div>
Required:<\/span><\/div>
Compute the predetermined overhead rate.<\/span><\/div>
During the year, Yancey produced a film titled You Can Say That Again that incurred the following costs:<\/span><\/div>
Direct materials $ <\/span>1<\/mn>,<\/mo>2<\/mn>8<\/mn>4<\/mn>,<\/mo>0<\/mn>0<\/mn>0<\/mn><\/mrow><\/math> <\/div>
Direct labor cost $ <\/span>2<\/mn>,<\/mo>4<\/mn>1<\/mn>5<\/mn>,<\/mo>0<\/mn>0<\/mn>0<\/mn><\/mrow><\/math> <\/div>
Compute the total job cost for this particular film.<\/span><\/div><\/span> <\/div><\/div>", "transcribed_text": "", "related_book": { "title": "Leading Strategic Change In An Era Of Healthcare Transformation", "isbn": "3319808826, 978-3319808826", "edition": "1st Edition", "authors": "Jim Austin ,Judith Bentkover ,Laurence Chait", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/2024\/01\/65a7e2d8df9ef_40065a7e2d8d8762.jpg", "uri": "\/textbooks\/leading-strategic-change-in-an-era-of-healthcare-transformation-1st-edition-978-3319808826-212748", "see_more_uri": "" }, "free_related_book": { "isbn": "3540665706", "uri": "\/textbooks\/introduction-to-calculus-and-analysis-volume-ii-2-1st-edition-978-3540665700-110286", "name": "Introduction To Calculus And Analysis Volume II\/2", "edition": "1st Edition" }, "question_posted": "2024-06-09 15:07:45", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/sara-collier-the-bookkeeper-for-danner-cheney-and-howe-a", "description": "Sara Collier, the bookkeeper for Danner, Cheney, and Howe, a political consulting firm, has recently completed an accounting course at her local college. 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