

Total cost is as follows
Direct material (30*3.50+70*2.90) =$308
Direct labor 15*19 =$285
Manufacturing overhead =15*8 =$120
Total job cost =$713
2.% = recycled pounds/total material in pounds
= 70/(70+30)
=70%
Yes, the requirement is met
please show steps and how to so I can understand :) IST FURT ULU) Mohanad Alsunbul...
I am just confused about this
last part, the "activity based costing"
Calculate the cost of Job 358 using activity-based costing. Job Cost Record JOB 358 Manufacturing Costs Direct labor Direct materials Engineering costs Maintenance costs Manufacturing overhead allocated Waste disposal costs remaining C ar in the input fields and then click Check Answer. Clear All Total estimated manufacturing costs 1 Estimated total machine hours Plantwide mfg. overhead rate $ 140 1,260,000 9,000 Calculate the cost of Job 358. Job...
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bolk , The Business Decision Case The sales department of Donovan Manufacturing, Inc. has completed the following sales forecast for the months of January through March 20X 1 for its only two products: 50,000 units of J to be sold at $90 each and 30,000 units of K to be sold at $70 each. The desired unit inventories at March 31, 20X1, are...
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Holiday Industries manufactures a variety of custom products. The company has traditionally used a plantwide manufacturing overhead rate based on machine hours to allocate manufacturing overhead to its products. The company estimates that it will incur $970,000 in total manufacturing overhead costs in the upcoming year and will use 10,000 machine hours. Click the icon to view the additional information about the hazardous waste disposal fees.) expected usage and costs for manufacturing overhead activities for...
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Thing Co. uses a job order costing system. At the beginning of July, the company had the following job in progress: $22508 Job 70 During July, Thing Co. incurred the following job related costs: Direct Materials Direct Labour $3786 $1563 Job 70 15322 Job 80 12983 8447 7768 Job 90 Manufacturing overlicad is applied at a rate of S2.89 per $1 of direct labour cost. Jobs...
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LIITTO Hele Seved Sun 570000 of wages and sales and by employees or mount $20.000 corse vec bour 510.000 consists of indirect labour, and $10.000 consists of administrative salaries What Motos and Odd 40.000 O 0000 Under normal costing, overhead is applied using Muluple Choice O on actual cerheed rate absorption costing vanable conting a predetermined cverhead rare White Company has two departments...
Can someone please explain the blank I keep getting it
incorrect
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Hours 6.00 pounds 0.40 hours Standard Price or Rate $3.00 per pound $9.00 per hour Standard Cost $18.00 $ 3.60 Direct materials Direct labor During the most recent month, the following activity was recorded: a. Eleven thousand six hundred pounds of...
HOW DO I CALCULATE?
Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs $5,750,000 620,000 Hazardous waste disposal costs Chairs Tables 21,000 units 16,200 DLH 600 pounds 211,000 units 262,000 DLH 200 pounds Expected production Direct labor hours required Hazardous waste disposed Required: 1. Determine the hazardous waste disposal cost per unit for chairs and for tables if costs are assigned using a single plantwide overhead rate based on direct...
Stefani Company has gathered the following information about its product. Direct materials: Each unit of product contains 4.20 pounds of materials. The average waste under normal conditions is 0.80 pounds Materials cost $ pound but Stefani always takes the 2.00 % cash discount all of its suppliers $0.45 per pound. Direct labor. Each unit requires 1.60 hours of labor. Setup, cleanup, and downtime average 0.20 hours per unit. The average hourly pay rate of Stefani's employees is $12.30. Payroll taxes...
(Please show calculations for study purposes) Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Hours Standard Price or Rate Standard Cost Direct materials 7.10 pounds $ 2.50 per pound $ 17.75 Direct labor 0.50 hours $ 14.50 per hour $ 7.25 During the most recent month, the following activity was recorded: Thirteen thousand eight hundred pounds of material were purchased...
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The following costs were incurred to complete 3 jobs during the year Direct materials Direct labour Job Al $2384 $4278 Job G1 $1272 $3351 Job A2 $3032 $2996 In addition, the supervisor's salary (who is responsible for monitoring the whole 3rd and 4th floors of the factory) is $82961. The journal entries for the year will include which of the following: Select one: a. A debit...