Moede Motors applies overhead based a single plant-wide rate and uses direct labor hours as the basis for the rate. At the beginning of the year, Jackson estimated that overhead costs would be $320,000 and estimated that direct labor hours would be 80,000. Actual hours incurred for Job A were 81,000. The total actual overhead costs for the company were $425,000. Compute the overhead applied to Job A, based on direct labor hours. O a. S320,000 Ob.S324,000 OCS419,753 Od.S425,000 QUESTION 14 Which of the following costs of quality (COQ) would be considered an internal preventative cost?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Moede Motors applies overhead based a single plant-wide rate and uses direct labor hours as the basis for the rate. At the beginning of the
estimated that overhead costs would be $320,000 and estimated that direct labor hours would be 80,000. Actual hours incurred for Job A were 81,000. The
total actual overhead costs for the company were $425,000. Compute the overhead applied to Job A, based on direct labor hours.
O a. S320,000 O b.S324,000 O c.S419,753 O d. $425,000
year,
Jackson
QUESTION 14
Which of the following costs of quality (COQ) would be considered an internal preventative cost?
O a. The cost of training employees
in good customer service
O b. The cost of a lawsuit when customers
O. The cost of hiring employees O d. The cost of reworking products
at minimum wage
are injured using the product
that fail while testing them
QUESTION 15
If sales are S250.000, variable cost of goods sold is $25,000, variable selling expenses are $15,000 and fixed costs are S10,000, how much is the contribution
margin on the variable costing income statement?
O a. $210,000
O b. S225,000
O C. $235,000
O d. $200.000
Transcribed Image Text:Moede Motors applies overhead based a single plant-wide rate and uses direct labor hours as the basis for the rate. At the beginning of the estimated that overhead costs would be $320,000 and estimated that direct labor hours would be 80,000. Actual hours incurred for Job A were 81,000. The total actual overhead costs for the company were $425,000. Compute the overhead applied to Job A, based on direct labor hours. O a. S320,000 O b.S324,000 O c.S419,753 O d. $425,000 year, Jackson QUESTION 14 Which of the following costs of quality (COQ) would be considered an internal preventative cost? O a. The cost of training employees in good customer service O b. The cost of a lawsuit when customers O. The cost of hiring employees O d. The cost of reworking products at minimum wage are injured using the product that fail while testing them QUESTION 15 If sales are S250.000, variable cost of goods sold is $25,000, variable selling expenses are $15,000 and fixed costs are S10,000, how much is the contribution margin on the variable costing income statement? O a. $210,000 O b. S225,000 O C. $235,000 O d. $200.000
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