Business, 22.09.2021 01:30, kikirogers2255
Exotic Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs and expenses for the coming period are as follows:
Engine parts $1,094,600
Shop direct labor 799,000
Shop and repair equipment depreciation 47,300
Shop supervisor salaries 131,400
Shop property taxes 23,900
Shop supplies 18,300
Advertising expense 21,900
Administrative office salaries 94,100
Administrative office depreciation expense 12,000
Total costs and expenses $2,242,500
The average shop direct labor rate is $17.00 per hour.
Required:
Determine the predetermined shop overhead rate per direct labor hour.
Answers: 1
Business, 22.06.2019 13:00, notorius315
The green revolution is a scientific breakthrough that improved seeds for basic crops. how did the green revolution impact the supply of basic crops such as wheat and corn? the supply of wheat and corn increased. there was no impact on the supply of basic crops. the supply of basic crops did not change, but the quantity supplied of basic crops increased. the supply of wheat and corn decreased.
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Business, 22.06.2019 13:30, lorip7799ov3qr0
The purpose of safety stock is to: a. eliminate the possibility of a stockout. b. control the likelihood of a stockout due to variable demand and/or lead time. c. eliminate the likelihood of a stockout due to erroneous inventory tally. d. protect the firm from a sudden decrease in demand. e. replace failed units with good ones.
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Exotic Engine Shop uses a job order cost system to determine the cost of performing engine repair wo...
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