Business, 30.11.2019 02:31, qawsedrftgyh3487
Love it industries manufactures custom-designed playground equipment for schools and city parks. love it expected to incur $ 784,700 of manufacturing overhead cost, 41,300 of direct labor hours, and $ 1,569, 400 of direct labor cost during the year (the cost of direct labor is $38 per hour). the company allocates manufacturing overhead on the basis of direct labor hours. during may, love it completed job 308. the job used 190 direct labor hours and required $ 15,100 of direct materials. the city of forest hills has contracted to purchase the playground equipment at a price of 23 % over manufacturing cost.
requirement:
1. calculate the manufacturing cost of job 308.
2. how much will the city of forest hills pay for this playground equipment?
Answers: 1
Business, 22.06.2019 09:40, natalie2sheffield
Catherine de bourgh has one child, anne, who is 18 years old at the end of the year. anne lived at home for seven months during the year before leaving home to attend state university for the rest of the year. during the year, anne earned $6,000 while working part time. catherine provided 80 percent of anne's support and anne provided the rest. which of the following statements regarding whether anne is catherine's qualifying child for the current year is correct? a. anne is a qualifying child of catherine. b.anne is not a qualifying child of catherine because she fails the gross income test. c.anne is not a qualifying child of catherine because she fails the residence test. d.anne is not a qualifying child of catherine because she fails the support test.
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Business, 22.06.2019 12:50, emarquez05
Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?
Answers: 2
Business, 22.06.2019 20:20, Hi123the
Garcia industries has sales of $200,000 and accounts receivable of $18,500, and it gives its customers 25 days to pay. the industry average dso is 27 days, based on a 365-day year. if the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8.0% on any cash freed-up by this change, how would that affect its net income, assuming other things are held constant? a. $241.45b. $254.16c. $267.54d. $281.62e. $296.44
Answers: 2
Love it industries manufactures custom-designed playground equipment for schools and city parks. lov...
Mathematics, 29.01.2021 04:20
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