Direct labor cost on the job basics
Kelson Company applies overhead to jobs on the basis of 60% of direct labor cost. If Job 201 shows $27,000 of manufacturing overhead applied, the direct labor cost on the job was:
a) $45,000
b) $16,200
c) $37,800
d) $27,000
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Gabruk Inc. is a merchandising company. Last month the company's merchandise purchases totaled $88,000. The company's beginning merchandise inventory was $15,000 and its ending merchandise inventory was $13,000. What was the company's cost of good
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The actual labor-hours for the year turned out to be 52,600 labor-hours. The predetermined overhead rate for the recently completed year was closest to:
The direct labor wage rate is $14 per labor-hour. The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $15 per machine-hour. The total cost for the job on its job cost sheet would be:
Zumpano Inc. produces and sells a single product. The selling price of the product is $170.00 per unit and its variable cost is $73.10 per unit. The fixed expense is $125,001 per month. The break-even in monthly dollar sales is closest to:
a. Harriet was born on November 18, 1957 and hired as a full-time employee hourly employee of MMC on December 1, 1988. She transferred to full-time salaried status on June 1, 1990. What is her entry date into the plan? Her entry date into the plan
Which of the following is an example of a change in accounting principle?
1. Why does WACC increase and IRR decrease as the capital budget increases? Are there any steps management can take to reverse these trends? 2. How should a company prioritize all of its capital project opportunities?
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