Before the year began, mccrae, inc. estimated its manufacturing overhead costs for the year to be $400 comma 000 and estimated that 10 comma 000 machine hours would be logged during production. the company uses machine hours to apply manufacturing overhead to production. during the year, the company received an order from a customer for 12 identical units of its most popular product. $1,000 in direct materials were requisitioned and $1,500 in direct labor costs were incurred during the production of the units. a total of 23 machine hours were logged during the production of the units. assuming a sales price of $716, the gross profit reported on each unit in the order equals
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Business, 22.06.2019 10:30
The advertisement demonstrates a popular way companies try to sell a product. what should consumers consider when it comes to the price of this product? it includes shipping and handling costs. it takes into account maintenance costs. it explains why this price is a good deal. it makes the full cost appears lower than it is.
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Business, 22.06.2019 11:00
Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?
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Business, 22.06.2019 20:20
Direct materials (4.2 x $15) $ 63direct labor ($12 x 17.5) $210manufacturing overhead ($2.40 x 17.5) $42total job cost $ 315dougan, inc. allocates overhead based on a predetermined overhead rate of $2.40 per direct labor hour. employees are paid $12.00 per hour. job 24 requires 4.2 pounds of direct materials at a cost of $15.00 per pound. employees worked a total of 17.5 hours to complete the job. actual manufacturing overhead costs totaled $80,000 for the year for the company. how much is the cost of job 24?
Answers: 1
Before the year began, mccrae, inc. estimated its manufacturing overhead costs for the year to be $4...
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