Yancey productions is a film studio that uses a job-order costing system. the company’s direct materials consist of items such as costumes and props. its direct labor includes each film’s actors, directors, and extras. the company’s overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. yancey applies its overhead cost to films based on direct labor-dollars. at the beginning of the year, yancey made the following estimates: direct labor-dollars to support all productions $8.000.000fixed overhead cost $4.800.000variable overhead cost per direct labor-dollar $0.05required: 1. compute the predetermined overhead rate.2. during the year, yancey produced a film titled ‘you can say that again’ that incurred the following cost: direct materials $1.259.000direct labor cost $2.400.000compute the total job cost for this particular film.
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Business, 22.06.2019 11:00
Consider an economy where government expenditures are 10 and total tax revenues are 10. the supply of labor is fixed at 125 and the supply of capital is fixed at 8. the economy is described by the following equations. y k to the power of 1 divided by 3 end exponent l to the power of 2 divided by 3 end exponent c 2.5 + 0.75 ( y - t ) i 10 - 0.5 r the level of private savings is
Answers: 1
Business, 22.06.2019 13:10
Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the company’s monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.
Answers: 3
Business, 22.06.2019 15:20
Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.
Answers: 3
Business, 22.06.2019 20:50
How has apple been able to sustain its competitive advantage in the smartphone industry? a. by reducing its network effects b. by targeting its new products and services toward laggards c. by driving the price for the end user to zero d. by regularly introducing incremental improvements in its products
Answers: 1
Yancey productions is a film studio that uses a job-order costing system. the company’s direct mater...
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