Business, 28.11.2020 14:00 fluffylove83

Cecconi Co's March 31 inventory of raw materials is $135,000. Raw materials purchases in April are $640,000, and factory payroll cost in April is $506,000. Overhead costs incurred in April are indirect materials, $97.000; indirect labor, $56,000; factory rent, $65.000 factory utilities, $41,000, and factory equipment depreciation, $62,000. The predetermined overhead rate is 70% of direct labor cost Job 306 is sold for $910,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 $ 51,000 42,000 29,400 $ 68,000 29,000 20,300 Balances on March 31 Direct materials Direct labor Applied overhead Corts during

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 10:30, darius7967

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.

Answers: 2

continue

Business, 22.06.2019 14:10, gia2038

Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?

Answers: 1

continue

Business, 22.06.2019 16:30, tadams9922

Penelope summers received certain income benefits in 2018. she received $1,400 of state unemployment insurance benefits, $2,000 from a federal unemployment trust fund and $3,700 workers’ compensation received for an occupational injury. what amount of the compensation must penelope include in her income

Answers: 1

continue

Business, 22.06.2019 17:40, briannagiddens

Adamson company manufactures four lines of garden tools. as a result of an activity analysis, the accounting department has identified eight activity cost pools. each of the product lines is produced in large batches, with the whole plant devoted to one product at a time. classify each of the following activities or costs as either unit-level, batch-level, product-level, or facility-level. activities (a) machining parts. (b) product design. (c) plant maintenance. (d) machine setup. (e) assembling parts. (f) purchasing raw materials. (g) property taxes. (h) painting.

Answers: 2

continue

You know the right answer?

Cecconi Co's March 31 inventory of raw materials is $135,000. Raw materials purchases in April are $...