Business, 02.03.2020 23:42 webbhlharryteach
If total operating revenues are $20,000 and the operating margin is 10%, what is the amount of operating income? Clue: Make use of the operating margin formula then solve the unknown (operating income) using Algebra.
Answers: 3
Business, 23.06.2019 00:10
Mno corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours. the company based its predetermined overhead rate for the current year on the following data: total estimated direct labor-hours 50,000 total estimated fixed manufacturing overhead cost $ 285,000 estimated variable manufacturing overhead per direct labor-hour $ 3.80 recently, job p123 was completed with the following characteristics: total actual direct labor-hours 20 direct materials $ 710 direct labor cost $ 500 the amount of overhead applied to job p123 is closest to:
Answers: 2
If total operating revenues are $20,000 and the operating margin is 10%, what is the amount of opera...
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