Business, 06.11.2019 01:31 alexvane78
Jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 21,400 $ 15.00 parts and supplies $ 7.00 equipment depreciation $ 2,790 $ 0.35 truck operating expenses $ 5,740 $ 1.80 rent $ 4,650 administrative expenses $ 3,900 $ 0.70 for example wages and salaries should be $23,200 plus $16.30 per repair-hour. the company expected to work 2,800 repair-hours in may, but actually worked 2,900 repair-hours. the company expects its sales to be $44.50 per repair-hour.
compute the company's activity variances for may.
Answers: 3
Business, 23.06.2019 01:50, gedntrxAa
In january, knox company requisitions raw materials for production as follows: job 1 $915, job 2 $1,590, job 3 $771, and general factory use $704. during january, time tickets show that the factory labor of $6,300 was used as follows: job 1 $2,344, job 2 $1,711, job 3 $1,554, and general factory use $691. prepare the job cost sheets for each of the three jobs.
Answers: 1
Business, 23.06.2019 16:30, taylor3932
Example1 lcnrv: ted company uses the lower of cost or nrv method in valuing its inventory items. the inventory at december 31, 2017, consists of products a, b and c, each having 1,000 units. relevant unit data for these products appear below: item a item b item c cost $ 80 $80 $80 estimated selling price 180 100 90 estimated selling cost 30 30 30 required: using the lower of cost or net realizable value rule, determine the proper value of inventory for balance sheet reporting purposes at december 31, 2017. prepare any necessary journal entry. apply the lower of cost or nrv method: • on an individual inventory basis; • on a group basis; • on a total inventory basis. solution worksheet: inventory (on an individual basis): inventory value item nrv cost lc- item a item b item c total inventory (on a group basis): inventory value item nrv cost lc- group 1 (item a and b) group 2 (item c) total inventory (on an aggregate inventory basis): inventory value item nrv cost lc- total inv
Answers: 3
Business, 23.06.2019 18:00, maymuu4life
What makes business writing different from fictional writing?
Answers: 1
Jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost...
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