Lithium Company has two support departments, the Maintenance Department and the Security Department, and two producing departments, Molding and Finishing. Standard service hours used by the departments is considered the basis to allocate Maintenance Department costs of $40,000 and the number of employees in each department is considered the basis to allocate Security Department costs of $24,000. The direct costs of the Molding Department and the Finishing Department are $96,000 and $105,000, respectively. Data on standard service hours and number of employees are as follows: Maintenance Dept Security Dept Molding Dept Finishing Dept

Standard service hours used 200 100 850 1,150
Number of employees 15 20 450 350
Direct labor hours 100 50 1,150 1,350

Required:
Calculate the total overhead costs associated with the Molding Department after allocating the Maintenance and Personnel Department costs using the direct method.

P11.2a (lo 2, 4) fechter corporation had the following stockholders’ equity accounts on january 1, 2020: common stock ($5 par) $500,000, paid-in capital in excess of par—common stock $200,000, and retained earnings $100,000. in 2020, the company had the following treasury stock transactions. journalize and post treasury stock transactions, and prepare stockholders’ equity section. mar. 1 purchased 5,000 shares at $8 per share. june 1 sold 1,000 shares at $12 per share. sept. 1 sold 2,000 shares at $10 per share. dec. 1 sold 1,000 shares at $7 per share. fechter corporation uses the cost method of accounting for treasury stock. in 2020, the company reported net income of $30,000. instructions a. journalize the treasury stock transactions, and prepare the closing entry at december 31, 2020, for net income. b. open accounts for (1) paid-in capital from treasury stock, (2) treasury stock, and (3) retained earnings. (post to t-accounts.) c. prepare the stockholders’ equity section for fechter corporation at december 31, 2020.

Which curve shows increasing opportunity cost as you give up more of one option? demand curve bow-shaped curve yield curve indifference curve

Direct materials (4.2 x $15) $ 63direct labor ($12 x 17.5) $210manufacturing overhead ($2.40 x 17.5) $42total job cost $ 315dougan, inc. allocates overhead based on a predetermined overhead rate of $2.40 per direct labor hour. employees are paid $12.00 per hour. job 24 requires 4.2 pounds of direct materials at a cost of $15.00 per pound. employees worked a total of 17.5 hours to complete the job. actual manufacturing overhead costs totaled $80,000 for the year for the company. how much is the cost of job 24?