subject
Business, 13.10.2020 04:01 mckenziet73

Rhianna makes edgy women's custom t-shirts. Rhianna started her business this year, and she uses a normal costing system. The company has two direct cost pools, materials and labor, and one indirect cost pool, overhead. Overhead is charged to jobs on the basis of direct labor cost. The following information is available for the most recent year: Budgeted direct labor costs $ Budgeted overhead costs $ Costs of material actually used $ Actual direct labor costs $ Actual overhead costs $ Rhianna had two jobs in process on December 31 of this year Jobs 75 and 76. There is no finished goods inventory because jobs are sent to customers as soon as they are completed. Direct costs associated with each job are below:. Job 75 Job 76 Direct materials $ $ Direct labor $ $ Based on this data, the predetermined overhead rate is $ of manufacturing overhead for each dollar of direct labor costs. Required: Round your answer to the nearest dollar. Do not include %, $, etc. in your response. Using this overhead allocation rate and the data above, calculate: 1. The total manufacturing cost for Job 75. 2. The total manufacturing cost for Job 76.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 01:10
Technology corp. is considering a $238,160 investment in a new marketing campaign that it anticipates will provide annual cash flows of $52,000 for the next five years. the firm has a 6% cost of capital. what should the analysis indicate to the firm's managers?
Answers: 2
question
Business, 22.06.2019 05:10
1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.
Answers: 1
question
Business, 22.06.2019 07:50
In december of 2004, the company you own entered into a 20-year contract with a grain supplier for daily deliveries of grain to its hot dog bun manufacturing facility. the contract called for "10,000 pounds of grain" to be delivered to the facility at the price of $100,000 per day. until february 2017, the supplier provided processed grain which could easily be used in your manufacturing process. however, no longer wanting to absorb the cost of having the grain processed, the supplier began delivering whole grain. the supplier is arguing that the contract does not specify the type of grain that would be supplied and that it has not breached the contract. your company is arguing that the supplier has an onsite processing plant and processed grain was implicit to the terms of the contract. over the remaining term of the contract, reshipping and having the grain processed would cost your company approximately $10,000,000, opposed to a cost of around $1,000,000 to the supplier. after speaking with in-house counsel, it was estimated that litigation would cost the company several million dollars and last for years. weighing the costs of litigation, along with possible ambiguity in the contract, what are three options you could take to resolve the dispute? which would be the best option for your business and why?
Answers: 2
question
Business, 22.06.2019 22:20
Which of the following events could increase the demand for labor? a. an increase in the marginal productivity of workers b. a decrease in the amount of capital available for workers to use c. a decrease in the wage paid to workers d. a decrease in output price
Answers: 1
You know the right answer?
Rhianna makes edgy women's custom t-shirts. Rhianna started her business this year, and she uses a n...
Questions
question
History, 15.10.2019 03:10
question
Mathematics, 15.10.2019 03:10
question
History, 15.10.2019 03:10