For the month of october, janus corporation used $30,000 worth of direct materials in production and incurred direct labor costs of $60,000. actual manufacturing overhead costs were $40,000, whereas $45,000 was the manufacturing overhead applied to work in process. what is the amount of total manufacturing costs that would appear in the schedule of cost of goods manufactured for october?
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Business, 22.06.2019 23:40, coreycbg1127
Joint cost cheyenne, inc. produces three products from a common input. the joint costs for a typical quarter follow: direct materials $45,000 direct labor 55,000 overhead 60,000 the revenues from each product are as follows: product a $75,000 product b 80,000 product c 30,000 management is considering processing product a beyond the split-off point, which would increase the sales value of product a to $116,000. however, to process product a further means that the company must rent some special equipment costing $17,500 per quarter. additional materials and labor also needed would cost $12,650 per quarter. a. what is the gross profit currently being earned by the three products for one quarter? $answer b. what is the effect on quarterly profits if the company decides to process product a further? $answer
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Business, 23.06.2019 02:30, mathiscool51
Organizations typically rely on schedules, such as hourly wages and annual reviews and raises.
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