Time left 1:55:12QuiQuestion23A Company uses a job-order costing system with a single plantwide predetermined overhead ratebased on direct labor cost. The company based its predetermined overhead rate for the current yearon total estimated manufacturing overhead cost of 40% of direct labor cost. The job cost sheet ofJob2121 shows that the number of units in this job order is 60 units which incurred total of 90 labor-Not yetansweredhours. This job consumed $40/unit of direct materials cost and $90/hour of direct labor. What wouldbe the total manufacturing cost for Job2121 approximately?Marked out of0.80H-P FlagquestionO a. $11,340O b. $13,740Oc.$10,500O d. None of the given answers.O e. $5,640Question24Company XYZ made total contribution margin of $200,000 and a net income of $150,000. Thecompany also made a total gross margin of $210,000. Assume that the variable selling andadministrative expenses were $40,000, how much is the fixed manufacturing cost ($)?Not yetansweredO a.30,000Marked out ofpring0.80Ob. 10,000P FlagOc.50,000prinquestionO d. 20,000sprO e.None of the given answers elearn.squ.edu.om/mou/qui2)E-LEARNING SYSTEM (ACADEMIC)E-LEARNING SERVICESSQU LIBRARIESSQU PORTAL ATTENDANCETime left 1:55:29yasserg Spring21Question21Overhead costs are underapplied if the amount applied to Work in Process is:O a. greater than actual overhead incurred.Not yetansweredO b. greater than estimated overhead.Marked out ofOc. equal to actual overhead incurred.0.50O d. None of the given answer is correctciesP FlagO e. equal to estimated overhead.questionQuestion22Ahmed is considering his plans for the coming weekend. He is currently working as a marketingspecialist in a big advertising company. He normally spends the weekend with family but this weekendhe is thinking of going on a camping trip that would cost him about $1,000. At the same time, hismanager asked him whether he can help during the weekend and the company will be willing to payhim an overtime bonus of $2,500. If Ahmed goes on the camping trip, he can manage to provide anumber of quick consultancy services that would earn him around $1,900. If Ahmed decided to go onNot yetansweredMarked out of0.80P Flagthe camping trip what would be the incremental revenue of that decision ($)?questionOa.1,0002121_yasserg SpringO b. 1,9001105_alsawaii_SprinO c. 2,500O d. None of the given answers2710 channouf_sprO e. 9002221-FA spring21

Name: Time left 1:55:12QuiQuestion23A Company uses a job-order costing syst
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Description: Time left 1:55:12QuiQuestion23A Company uses a job-order costing system with a single plantwide predetermined overhead ratebased on direct labor cost. The company based its predetermined overhead rate for the current yearon total estimated manufactu

SOLUTION 1- DIRECT MATERIAL (60 * $40) 2400 DIRECT LABOR (90 * $90) 8100 TOTAL ESTIMATED…

Business

Accounting

A Company uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor cost. The company based its predetermined overhead rate for the current year on total estimated manufacturing overhead cost of 40% of direct labor cost. The job cost sheet of Job2121 shows that the number of units in this job order is 60 units which incurred total of 90 labor- hours. This job consumed $40/unit of direct materials cost and $90/hour of direct labor. What would be the total manufacturing cost for Job2121 approximately? O a. $11,340 O b. $13,740 O c. $10,500 O d. None of the given answers. O e. $5,640

A Company uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor cost. The company based its predetermined overhead rate for the current year on total estimated manufacturing overhead cost of 40% of direct labor cost. The job cost sheet of Job2121 shows that the number of units in this job order is 60 units which incurred total of 90 labor- hours. This job consumed $40/unit of direct materials cost and $90/hour of direct labor. What would be the total manufacturing cost for Job2121 approximately? O a. $11,340 O b. $13,740 O c. $10,500 O d. None of the given answers. O e. $5,640

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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AI - E H E If Border Corporation uses direct labor hours in a traditional costing system to assign overhead - Saved - AutoSave Off Normal badiya aldujaili BA EN File Home Insert Draw Design Layout References Mailings Review View Help A Share O Comments X Cut Calibri (Body) v 11 - A^ A° Aav A E - E - E E E O Find - AaBbCcDc AaBbCcDc AaBbC AABBCCC AaB A BBCCC AaBbCcDa A Copy Paste S Replace В IUvab х, х* А I Normal 1 No Spac.. Heading 1 Heading 2 Title Subtitle Subtle Em.. A Select v Dictate Editor Format Painter Clipboard Font Paragraph Styles Editing Voice Editor 1.. | 1''' I 2 4 7 Use the following information to answer questions the next two questions: Border Corporation identified the following activities related to annual expected overhead costs at the beginning of 2018. Expected Overhead Activity Moving Materials Inspections Ordering Maintenance Expected Quantity 500 Expected Cost $ 16,000 $ 22,400 $ 13,900 $ 161,200 Expected Activity Driver Number of moves Number of inspection…