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Author Question: Lancelot Manufacturing is a small textile manufacturer using machine-hours as the single ... (Read 91 times)

asd123

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on: Mar 6, 2021
Lancelot Manufacturing is a small textile manufacturer using machine-hours as the single indirect-cost rate to allocate manufacturing overhead costs to the various jobs contracted during the year. The following estimates are provided for the coming year for the company and for the Case High School band jacket job.

CompanyCase High School Job
Direct materials$40,000$2,000
Direct labor$10,000$400
Manufacturing overhead costs$45,000
Machine-hours100,000mh900mh

What is the bid price for the Case High School job if the company uses a 40% markup of total manufacturing costs?
◦ $3,360
◦ $1,122
◦ $960
◦ $3,927
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by asd123 on Mar 6, 2021

Heffejeff

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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asd123

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

tranoy

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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