following data have been recorded for recently completed Job 501 on its job cost sheet. Direct materials cost was $3‚067. A total of 30 direct labor-hours and 104 machine-hours were worked on the job. The direct labor wage rate is $12 per labor-hour. The company applies manufacturing overhead on the basis of machinehours. The predetermined overhead rate is $11 per machine-hour. The total cost for the job on its job cost sheet would be: A. $4‚571 B. $3‚757 C. $3‚090 D. $3‚427 Applied manufacturing overhead
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people that have made it through the auditions. After reading through the script some of you may be wondering * Is law and order based on violence? And * Do all Australians have aggressive instincts? That is why today we will be focusing on one of the later scenes in Act two‚ I have chosen this particular scene for today because it represents and portrays the corruption and violence of the Australian culture. But firstly a bit of background information‚ ‘The Removalists’ was written by
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manufacturing or trading‚ require cost accounting to track their activities.[1] Cost accounting has long been used to help managers understand the costs of running a business. Modern cost accounting originated during the industrial revolution‚ when the complexities of running a large scale business led to the development of systems for recording and tracking costs to help business owners and managers make decisions. In the early industrial age‚ most of the costs incurred by a business were what modern
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ECO550 Week 2 Check Your Understanding Submission If you are using the Blackboard Mobile Learn App‚ plea * Chapter 3: Problems 3‚ 4‚ and 7 Chapter 3 -Problem 3 Answer: The Olde Yogurt Factory has reduced the price of its popular Mmmm Sundae from $2.25 to $1.75. As a result‚ the firm’s daily sales of these sundaes have increased from 1‚500/day to 1‚800/day. Compute the arc price elasticity of demand over this price and consumption quantity range. Arc Price Elasticity = (Q₂ - Q₁ / P₂
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respect as well.Raising retirement ages do nothing for productivity. The state retirement age should not be raised because it will not save money nor will it increase productivity of employees. In fact just the opposite is true - as elderly employees struggle with health issues the costs will eventually land in the lap of government that needs to pay benefits. Raising the state retirement age behooves no one.I do not believe the state has the authority to impose minimum retirement ages. The state’s authority
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premeditated so it seems smart to keep tabs on that small piece of evidence. Another point of piece of evidence would be how she did not have any emotions and seemed unmerciful for her husband’s death. Right away she goes upstairs acting quick to practice smile when she runs off to the shop real quick creating many alibis for herself.
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Subject: Financial Statement Analysis – Task 2 Summary Report A budget‚ as defined by Hilton (2009 pg 348)‚ is a detailed plan‚ expressed in quantitative terms that specifies how resources will be acquired and used during a specific period of time. A budget is a financial document utilized to project future income and expenses. A budget is based on how much you make in income and what your monthly expenses are. Budgets evaluate performances while the plan is what is going
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statement (i.e. this part is for 10 marks). 1. Why is adherence to ethical standards important for the smooth functioning of an advanced market economy? 2. Briefly describe what is meant by enterprise risk management. 3. Describe what is meant by a “pull” production system. 4. Describe the schedule of cost goods manufactured. How does it tie into the income statement? 5. Why are product costs sometimes called inventoriable costs? Describe the flow of such costs in a manufacturing company from the point
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Cost Scenario University of Phoenix ECO 561PR October 22‚ 2012 Professor Adelaida Torres Dilan Cost Scenario The San Juan Cell Phones Scenario Summary talk about this company that manufacture cell phones where Maria Perez‚ a business development specialist‚ secured an order of 100‚000 units with this major chain‚ which is an opportunity to the company to increase their production and their profit. Cell phones are very important to the community these days for business
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we will be looking at the growth of the American Fast Food industry and the reason of it. How “FAST” can fast food be? We will be answering this question by covering four criteria of FAST food. Which includes F‚ the food in the industry; A‚ acquisition between fast food restaurants; S‚ impacts that fast food had brought to the society and T‚ technology used in this industry from the past to the future. Until now‚ fast food industry still blossom in the American society due to the fact that
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