Taveras Corporation is currently operating at 50% of its available manufacturing capacity. It uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates:Machine-hours required to support estimated production . . . . 165,000Fixed manufacturing overhead cost . . . . . . . . . . . . . . . . . . . . . . . $1,980,000Variable manufacturing overhead cost per machine-hour . . . . $2.00Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job P90 was started, completed, and sold to the customer for $2,500. The following information was available with respect to this job:Direct materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,150Direct labor cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $830Machine-hours used . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72Compute the total manufacturing cost assigned to Job P90. 3. Upon comparing Job P90’s sales revenue to its total manufacturing cost, the company’s chief financial officer said "If this exact same opportunity walked through our front door tomorrow, I’d turn it down rather than making it and selling it for $2,500." a. Construct an argument (supported by numerical analysis) that refutes the chief financial officer’s assertion. b. Construct an argument (accompanied by numerical analysis) that supports the chief financial officer’s assertion.
Answers: 3
Business, 22.06.2019 12:40, payshencec21
Alarge tank is filled to capacity with 500 gallons of pure water. brine containing 2 pounds of salt per gallon is pumped into the tank at a rate of 5 gal/min. the well-mixed solution is pumped out at the same rate. find the number a(t) of pounds of salt in the tank at time t.
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Abus pass costs $5 per week. which of the following equations shows the total cost in dollars, t, of the bus pass for a certain number of weeks, w? t = 5w w = 5t t = 5 + w w = 5 + t
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Taveras Corporation is currently operating at 50% of its available manufacturing capacity. It uses a...
Mathematics, 22.07.2021 20:20
Mathematics, 22.07.2021 20:20