Business, 10.05.2021 20:00, rebekahhenton
Beckner Inc. is a job-order manufacturer. The company uses a predetermined overhead rate based on direct labor hours to apply overhead to individual jobs. For the current year, estimated direct labor hours are 133,000 and estimated factory overhead is $784,700. The following information is for September. Job X was completed during September, while Job Y was started but not finished. September 1, inventories: Materials$ 24,000 Work-in-process (All Job X) 53,400 Finished goods 105,600 Materials purchases$157,000 Direct materials requisitioned: Job X $74,000 Job Y 68,000 Direct labor hours: Job X 7,000 Job Y 5,500 Labor costs incurred: Direct labor ($6.00 per hour) $75,000 Indirect labor 24,200 Factory supervisor salaries 11,100 Rental costs: Factory $9,300 Administrative offices 3,200 Total equipment depreciation costs: Factory $10,400 Administrative office 2,800 Indirect materials used $17,800 The underapplied or overapplied overhead for September is: A. $2,350 underapplied. B. $2,350 overapplied. C. $950 overapplied D. $1,450 underapplied.
Answers: 2
Business, 22.06.2019 17:10, lerasteidl
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Business, 22.06.2019 17:30, samanthaepperson
The purchasing agent for a company that assembles and sells air-conditioning equipment in a latin american country noted that the cost of compressors has increased significantly each time they have been reordered. the company uses an eoq model to determine order size. what are the implications of this price escalation with respect to order size? what factors other than price must be taken into consideration?
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Beranek corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. the new cfo wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. how much must the firm borrow to achieve the target debt ratio? a. $273,600b. $288,000c. $302,400d. $317,520e. $333,396
Answers: 3
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