The writer is very fast, professional and responded to the review request fast also. Thank you.
Book/movie review
22/08/2022
1. 1. Agale Combines, Inc. has $40,000 of ending finished goods inventory as of December 31, 2014. If beginning finished goods inventory was $25,000 and cost of goods sold was $75,000, how much would Agale report for cost of goods manufactured?
a. $90,000
b. $115,000
c. $15,000
2. 2. Duggan Company reported total manufacturing costs of $305,000, manufacturing overhead totaling $58,000, and direct materials totaling $62,000. How much is direct labor cost?
a. $185,000
b. $425,000
c. $120,000
3. 3. orm’e Company applies overhead on the basis of 130% of direct labor cost. Job No. 190 is charged with $140,000 of direct materials costs and $208,000 of manufacturing overhead. The total manufacturing costs for Job No. 190 is
a. $348,000
b. $508,000
c. $618,000
4. 4. Which of the following is not viewed as part of accumulating manufacturing costs in a job order cost system?
a. Cost of goods sold is recognized
b. Factory labor is incurred
c. Raw materials are purchased
5. 5. Roscoe Company incurred direct materials costs of $500,000 during the year. Manufacturing overhead applied was $540,000 and is applied based on direct labor costs. The predetermined overhead rate is 75%. How much are Roscoe Company’s total manufacturing costs for the year?
a. $1,445,000
b. $1,040,000
c. $1,760,000
6. 6. reeWater Company provided the following information from its accounting records for 2014:
Expected production 50,000 labor hours
Actual production 45,000 labor hours
Budgeted overhead $1,257,500
Actual overhead $4,449,900
How much is the overhead application rate if Freewater Company bases it on direct labor hours?
a. $29.00 per hour
b. $25.15 per hour
c. $27.94 per hour
The writer is very fast, professional and responded to the review request fast also. Thank you.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more