subject
Business, 29.01.2021 02:00 wileycheyennem

Stockmaster Corporation has two manufacturing departments--Forming and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Forming Assembly Total Estimated total machine-hours (MHs) 5,000 5,000 10,000 Estimated total fixed manufacturing overhead cost $27,000 $10,500 $37,500 Estimated variable manufacturing overhead cost per machine-hour $ 1.10 $ 2.80 During the most recent month, the company started and completed two jobs--Job C and Job H. There were no beginning inventories. Data concerning those two jobs follow: Job C Job H Direct materials $11,200 $7,500 Direct labor cost $21,000 $7,800 Forming machine-hours 3,400 1,600 Assembly machine-hours 2,000 3,000 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours and uses a markup of 40% on manufacturing cost to establish selling prices. The calculated selling price for Job C is closest to: (Round your intermediate calculations to 2 decimal places.)

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 15:40, jackie36390
There is a cost associated with each source of financing. discuss the cost of debt, preferred stock, common stock, and retained earnings in detail. which source of financing is typically less expensive? why? why do financial managers try to determine the optimal capital mix? be specific.
Answers: 1
image
Business, 22.06.2019 07:20, amcdonald009
Suppose that real interest rates increase across europe. this development will u. s. net capital outflow at all u. s. real interest rates. this causes the loanable funds to because net capital outflow is a component of that curve.
Answers: 1
image
Business, 22.06.2019 12:30, deedee363
In the 1970s, kmart used blue light specials to encourage customers to flock to a particular department having a temporary sale. a spinning blue light activated for approximately 30 seconds, and then an in-store announcement informed shoppers of the special savings in the specific department. over time, loyal kmart shoppers learned to flock to the department with the spinning blue light before any announcement of special savings occurred. if kmart was employing classical conditioning techniques, what role did the spinning blue light play?
Answers: 3
image
Business, 22.06.2019 22:50, abolton04
What is one of the advantages of getting a government-sponsored mortgage instead of a conventional mortgage
Answers: 1
You know the right answer?
Stockmaster Corporation has two manufacturing departments--Forming and Assembly. The company used th...

Questions in other subjects: