Business, 18.11.2020 17:10 xeno777

Stone Cliff Company manufactures custom-order furniture. During 2013,actual manufacturing overhead totaled $720,000.Based on the 2013 results, and projected production for 2014,management prepared the 2014 budget and estimated that manufacturing overhead would total $800,000.The estimated number of direct labor hours for 2014 is 500,000,and the estimated amount of direct labor cost is $1,000,000.The company plans to use direct labor hours as the basis to allocate overhead to jobs. During May and June 2014,employees worked on the following four jobs: Monthly data Job X43 Job X87 Job Z22 Job A33
May
Direct materials $86,000 $72,000 $44,000 $38,000
Direct labor cost $101,000 $91,000 $78,000 $52,000
Direct labor hours 5,050 4,550 3,900 2600
June
Direct materials $24,000 $41,000 $35,000 $24,000
Direct labor cost $28,000 $52,000 $62,000 $32,800
Direct labor hours 1,400 2,600 3,100 1,640

All jobs were started in May. Jobs X87 and A33 were completed and delivered to customers during June. What is the balance of the Work in Process Inventory account on June 30?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 13:50, audreymarie2940

2. a box contains 50 slips of paper. forty of the slips are marked $0, 8 of the slips are marked $20, 1 slip is marked $100, and the last one is marked $500. find the expected net winnings of a person who pays $10 to randomly select one slip of paper. interpret.

Answers: 1

continue

Business, 22.06.2019 21:10, winterblanco

The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be:

Answers: 2

continue

Business, 23.06.2019 03:00, sahaitong2552

What is the w-4 form used for? filing taxes with the federal government determining the amount of money an employee has paid out in taxes calculating how much tax should be withheld from a person’s paycheck calculating how much income was paid in the previous year

Answers: 1

continue

Business, 23.06.2019 08:20, Morganwing1019

Suppose that a candy maker owns a building and is renting part of the building's space to a doctor. further suppose that because the candy maker is the owner, he has the right to make noise during the day while he makes candy. while the doctor cannot insist on a quiet environment, the doctor could move to a quieter building. however, rent in the next best building is $350/month more than rent in the noisy building. the candy maker can adopt a new technology that eliminates the noise for $275/month. given this situation, can the doctor find a private solution with the candy maker that will make both better off?

Answers: 2

continue

You know the right answer?

Stone Cliff Company manufactures custom-order furniture. During 2013,actual manufacturing overhead t...