Business, 13.07.2019 17:10 lbelle

item2
item 2 item 2
comans corporation has two production departments, milling and customizing. the company uses a job-order costing system and computes a predetermined overhead rate in each production department. the milling department’s predetermined overhead rate is based on machine-hours and the customizing department’s predetermined overhead rate is based on direct labor-hours. at the beginning of the current year, the company had made the following estimates:
milling customizing
machine-hours 15,000 20,000
direct labor-hours 11,000 5,000
total fixed manufacturing overhead cost $ 82,500 $ 29,500
variable manufacturing overhead per machine-hour $ 2.00
variable manufacturing overhead per direct labor-hour $ 4.10
during the current month the company started and finished job a319. the following data were recorded for this job:
job a319: milling customizing
machine-hours 60 10
direct labor-hours 50 40
direct materials $ 690 $ 220
direct labor cost $ 740 $ 660
if the company marks up its manufacturing costs by 10% then the selling price for job a319 would be closest to: (round your intermediate calculations to 2 decimal places.)
multiple choice
$3,824
$3,476
$3,160
$316

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 06:00

Select the correct answer a research organization conducts certain chemical tests on samples. they have data available on the standard results. some of the samples give results outside the boundary of the standard results. which data mining method follows a similar approach? o a. data cleansing ob. network intrusion o c. fraud detection od. customer classification o e. deviation detection

Answers: 1

Answer

Business, 22.06.2019 11:10

Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.

Answers: 1

Answer

Business, 22.06.2019 20:00

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.

Answers: 3

Answer

Business, 22.06.2019 22:40

In a fixed-term, level-payment reverse mortgage, sometimes called a reverse annuity mortgage, or ram, a lender agrees to pay the homeowner a monthly payment, or annuity, and expects to be repaid from the homeowner’s equity when he or she sells the home or obtains other financing to pay off the ram. consider a household that owns a $150,000 home free and clear of mortgage debt. the ram lender agrees to a $100,000 ram for 10 years at 6 percent. assume payments are made annually, at the beginning of each year to the homeowner. calculate the annual payment on the ram.

Answers: 1

Answer

You know the right answer?

item2
item 2 item 2
comans corporation has two production departments, milling and custo...

Questions