Job 310 consists of twelve recliners
WebRequirement 1. Compute the total amount of direct materials, direct labor, and manufacturing overhead that should be shown on Job 310's job cost record. Job. Soucy Furniture started and finished Job 310 during December. The company's records show that the following direct materials were requisitioned for Job 310: Click the icon to view the ... WebVerified answer. accounting. Reagan Gas provides gas utilities to a wide area of eastern Illinois. During May 2024 it billed 36,000 of its residential customers located in the town of Moline a total of $3,295,000 for electricity (this is considered revenue). In addition Reagan is required to collect the following taxes:
Job 310 consists of twelve recliners
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WebJob 310 consists of 6 recliners. Each recliner sells for $ 725. What is the gross profit per recliner ? Identify the formula and then compute the gross profit. Round the answer to the nearest whole number. Selling Price Per Recliner - Cost Per Recliner = Gross Profit $ 725 - 320.17 = $ 404.83 or $ 405.00 Step-by-step explanation Web~Job 310 consists of eight recliners. If each recliner sells for $850, what is the gross profit per recliner? Identify the formula and then compute the gross profit ~sales price (per unit))- (total job cost (per unit))=gross profit (per unit) 850-296=554
Web23 dec. 2024 · The company’s records show that the following direct materials were requisitioned for Job 310: Lumber: 47 units at $ 8 per unit Padding: 13 yards at $ 19 per yard Upholstery fabric: 28 yards at $ 27 per yard Labor time records show the following employees (direct labor) worked on Job 310: Joe Hume: 11 hours at $ 9 per hour … WebCompute the total amount of direct materials, direct labor, and manufacturing overhead that should be shown on Job 310's job cost record. 2. Job 310 consists of twelve …
WebThe company’s records show that the following direct materials were requisitioned for Job 310: Lumber: 45 units at $4 per unit Padding: 13 yards at $14 per yard Upholstery fabric: … WebJob 310 consists of three recliners. If each recliner sells for $700 , what is the gross profit per recliner? In order to calculate the gross profit per recliner, the first step is to calculate the cost per recliner. Now calculate the unit cost of each recliner. The total job cost that we calculated above has been entered for you.
WebJob 310 consists of six recliners. If each recliner sells for $725, what is the gross profit per recliner? Click card to see the answer answer *Requirement 1:* Compute the total amount of direct materials, direct labor, and manufacturing overhead that should be shown on Job 310's job costing record.
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