Mcewan 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 49,000 direct labor-hours, total fixed manufacturing overhead cost of $377,300, and a variable manufacturing overhead rate of $3.10 per direct labor-hour. Job X941, which was for 50 units of a custom product, was recently completed. The job cost sheet for the job contained the following data: Total direct labor-hours 300?Direct materials$600?Direct labor cost$6800?Required:Calculate the selling price for Job X941 if the company marks up its unit product costs by 20%. (Round intermediate calculations and final answer to 2 decimal places.)Selling price?
What will be an ideal response?
| Selling price | $255.36? |
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What will be an ideal response?
According to the force-field theory,
A. forces that support clan control are significantly different from the forces that form the foundation of organizational culture. B. an organization is in a state of inertia when it reduces the forces for change and increases resistance to change. C. change occurs when factors forcing change balance with factors contributing to resistance. D. a wide variety of forces arises from the way an organization operates that make organizations resistant to change. E. the forces of evolutionary change and revolutionary change are equal and complement each other.
Which one of the following statements correctly represents a benefit of centralized buying?
A) Local managers have more control over their business. B) Purchases and production schedules are meshed more easily. C) Customization to local preferences is simplified. D) Increased buying power can result in significant savings in purchasing costs.
When using the relational model to represent two tables, one must ________.
A. add a foreign key to one of the tables B. minimize the number of columns in the second table C. have more than two primary keys in the model D. use metadata instead of foreign keys E. establish only N:M relationships between the tables