Hamilton company uses job-order costing. manufacturing overhead is applied to production at a predetermined rate of 150% of direct labor cost. any over- or underapplied overhead is closed to the cost of goods sold account at the end of each month. additional information is available as follows: • job 101 was the only job in process at january 31, with accumulated costs as follows: direct materials $4,000 direct labor 2,000 applied manufacturing overhead 3,000 total manufacturing costs $9,000 • jobs 102, 103, and 104 were started during february. • direct materials requisitions for february totaled $26,000. • direct labor cost of $20,000 was incurred for february. • actual manufacturing overhead was $32,000 for february. • the only job still in process on february 28 was job 104, with costs of $2,800 for direct materials and $1,800 for direct labor. the cost of goods manufactured for february was
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Business, 22.06.2019 02:30, Roof55
When interest is compounded continuously, the amount of money increases at a rate proportional to the amount s present at time t, that is, ds/dt = rs, where r is the annual rate of interest. (a) find the amount of money accrued at the end of 3 years when $4000 is deposited in a savings account drawing 5 3 4 % annual interest compounded continuously. (round your answer to the nearest cent.) $ (b) in how many years will the initial sum deposited have doubled? (round your answer to the nearest year.) years (c) use a calculator to compare the amount obtained in part (a) with the amount s = 4000 1 + 1 4 (0.0575) 3(4) that is accrued when interest is compounded quarterly. (round your answer to the nearest cent.) s = $
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Business, 22.06.2019 09:40, bennett2968
Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?
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Business, 22.06.2019 11:00, smartie80
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
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Hamilton company uses job-order costing. manufacturing overhead is applied to production at a predet...
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