Lueckenhoff Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $497,000, variable manufacturing overhead of $2.40 per direct labor-hour, and 70,000 direct labor-hours. The company has provided the following data concerning Job T498 which was recently completed:Number of units in the job40Total direct labor-hours80Direct materials$ 950Direct labor cost$ 2,720The amount of overhead applied to Job T498 is closest to:
A. $192
B. $568
C. $760
D. $952
Answer: C
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Pegasus Avionics makes aircraft instrumentation. Its basic navigation radio requires $60 in variable costs and $3000 per month in fixed costs. Pegasus sells 10 radios per month. If the company further processes the radio, to enhance its functionality, it will require an additional $27 per unit of variable costs, plus an increase in fixed costs of $270 per month. The current sales price of the radio is $290. The marketing manager is sure that Pegasus can charge a higher sales price for the improved version. At what sales price level would the new, improved radio begin to improve operating earnings? (Round to the nearest whole dollar.)
A) at a sales price higher than $344 B) at a sales price of $290 C) at a sales price lower than $290 D) at a sales price of $377
Extensive media coverage refers to _____ reach with _____ frequency
a. high; high b. high; low c. low; high d. low; low
Discuss the importance of the separate legal identity of juridical entities in business
What will be an ideal response?
Disparagement of property is a general term for the specific tort of appropriation
Indicate whether the statement is true or false