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Author Question: Proportion of manufacturing overhead with respect to the total cost of the job is ________. Beta ... (Read 65 times)

jrubin

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Proportion of manufacturing overhead with respect to the total cost of the job is ________.
 
  Beta Corporation uses a job cost system and has two production departments, A and B. Budgeted manufacturing costs for the year are:
 
   Department A Department B
   Direct materials 800,000 200,000
   Direct manufacturing labor 200,000 900,000
   Manufacturing overhead 500,000 450,000
 
  The actual material and labor costs charged to Job 432 were as follows:
 
   Total
   Direct materials: 25,000
   Direct labor:
   Department A 10,000
   Department B 12,000
   22,000
 
  Beta applies manufacturing overhead costs to jobs on the basis of direct manufacturing labor cost using departmental rates determined at the beginning of the year.
 
  A) 39.74
  B) 38.62
  C) 26.62
  D) 42

Question 2

The process of recording a transaction in the journal is called journalizing.
 a. True
  b. False
 
   Indicate whether the statement is true or false



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14vl19

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Answer to Question 1

Answer: A

Answer to Question 2

True




jrubin

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Reply 2 on: Jul 5, 2018
Gracias!


ebonylittles

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Reply 3 on: Yesterday
Excellent

 

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