Business, 06.10.2019 07:30 syd141

The meyers cpa firm has the following overhead budget for the year: overhead indirect materials $ 370,000 indirect labor 1,705,000 depreciation—building 307,000 depreciation—furniture 39,000 utilities 320,000 insurance 41,000 property taxes 55,000 other expenses 149,000 total $ 2,986,000 the firm estimates total direct labor cost for the year to be $1,866,250. the firm uses direct labor cost as the cost driver to apply overhead to clients. during january, the firm worked for many clients; data for two of them follow: gargus account direct labor $ 3,200 feller account direct labor $ 9,200 required: 1. compute the firm’s predetermined overhead rate. 2. compute the amount of overhead to be charged to the gargus and feller accounts using the predetermined overhead rate calculated in requirement 1. 3. compute total job cost for the gargus account and the feller account.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 17:30

Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $

Answers: 2

Answer

Business, 22.06.2019 17:40

Aproduct has a demand of 4000 units per year. ordering cost is $20, and holding cost is $4 per unit per year. the cost-minimizing solution for this product is to order: ? a. 200 units per order. b. all 4000 units at one time. c. every 20 days. d. 10 times per year. e. none of the above

Answers: 3

Answer

Business, 22.06.2019 18:20

Now ray has had the tires for two months and he notices that the tread has started to pull away from the tire. he has already contacted the place who sold the tires and calmly and accurately explained the problem. they didn’t him because they no longer carry that tire. so he talked with the manager and he still did not get the tire replaced. his consumer rights are being violated. pretend you are ray and write a letter to the company’s headquarters. here are some points to keep in mind when writing the letter: include your name, address, and account number, if appropriate. describe your purchase (name of product, serial numbers, date and location of purchase). state the problem and give the history of how you tried to resolve the problem. ask for a specific action. include how you can be reached.

Answers: 3

Answer

Business, 22.06.2019 19:10

Calculating and interpreting eps information wells fargo reports the following information in its 2015 form 10-k. in millions 2015 2014 wells fargo net income $24,005 $24,168 preferred stock dividends $1,535 $1,347 common stock dividends $7,400 $6,908 average common shares outstanding 5,136.5 5,237.2 diluted average common shares outstanding 5,209.8 5,324.4 determine wells fargo's basic eps for fiscal 2015 and for fiscal 2014. round answers to two decimal places.

Answers: 3

Answer

You know the right answer?

The meyers cpa firm has the following overhead budget for the year: overhead indirect materials $ 3...

Questions