Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:Molding Finishing TotalEstimated total machine-hours (MHs) 6,500 3,700 10,200Estimated total fixed manufacturing overhead cost $ 18,000 $ 5,500 $ 23,500Estimated variable manufacturing overhead cost per MH $ 1.00 $ 2.00 During the most recent month, the company started and completed two jobs--Job A and Job M. There were no
beginning inventories. Data concerning those two jobs follow:Job A Job MDirect materials $ 16,800 $ 10,600Direct labor cost $ 23,700 $ 10,300Molding machine-hours 2,500 4,000Finishing machine-hours 2,500 1,000Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours and uses a markup of 30% on manufacturing cost to establish selling prices.
Required:
1. The calculated selling price for Job A is closest to: (Round your intermediate calculations to 2 decimal places.)Multiple Choice:O $76,505O $96,250O $58,850O $17,655
Answers: 1
Business, 23.06.2019 05:30, Juanga122
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Business, 23.06.2019 10:50, saucybby
In the current period, forward co. started with the production of 21,000 units and completed 8,400 units, leaving 13,200 units in process that are 42% complete. if forward co. incurred production costs of $34,980, what was forward's cost per equivalent unit for the period? (note: round your answer to two decimal places.)
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Business, 23.06.2019 16:00, elijah1090
Ais what customers expect they will get by purchasing a product. a. brand promise b. a tagline c. warranty d. service mindset select the best answer from the choices provided a b c d
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Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the fo...
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