Answer
The answer and procedures of the exercise are attached in the following images.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 2 sheets with the formulas indications.
Answer:
Allocated MOH= $158,000
Explanation:
Giving the following information:
The standard direct labor quantity is 4 hours per lamp, and the company produced 9,800 lamps in January. This required 39,500 direct labor hours.
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 4*39,500= $158,000
Answer:
What is the budgeted cash received from customers?
Explanation:
cash received from customers = total sales revenue + beginning accounts receivable - ending accounts receivable
- total sales revenue = 20,000 x 205 = $4,100,000
- beginning accounts receivable = $40,000
- ending accounts receivable = $20,000
cash received from customers = $4,100,000 + $40,000 - $20,000 = $4,120,000
<span>If a contractor is planning to build a new apartment complex in the Unites States, then he will have to abide by a few laws in order to avoid violation charges.
However, the US Attorney General does not have the jurisdiction to issue fines even if many laws have been violated by the contractor.
The contractor should supposedly follow all the laws especially the ADA law (Americans with Disabilities Act).
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Answer:
c. When ordering or setup costs increase, Economic Order Quantity increases
Explanation:
In inventory there are two types of review systems used to replenish stock, the periodic inventory and continuous inventory.
Continuous inventory involves ordering the same quantity of a good in each order. However the rate at which goods are replenished varies based on monitoring of level of goods. Orders are made when inventory gets to a certain level.
In this instance when there is an increase in ordering or setup there needs to be allocation of a higher amount for orders. The additional cost is added to the economic order quantity