46. Refer to the following wage breakdown for a garment factory.Number of EmployeesHourly Wages$4 up to $77 up to 1010 up to 1313 up to 161836206.What are the class limits for the class with the smallest frequencies?

The question is based on the concept of the frequency distribution of the cost. The frequency…

Answered: Refer to the following wage breakdown…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Indicate whether each cost is: A. Fixed or Variable b. Selling, General/Administrative, or Manufacturing
(me following monation applies to the questions displayed below.j The following cost data for the year just ended pertain to Sentiments, Incorporated, a greeting card manufacturer: Direct material Advertising expense Depreciation on factory building Direct labor: wages Cost of finished goods inventory at year-end Indirect labor: wages Production supervisor's salary Service department costs* Direct labor: fringe benefits Indirect labor: fringe benefits Fringe benefits for production supervisor Total overtime premiums paid Cost of idle time: production employees Administrative costs Rental of office space for sales personnelt Sales commissions Product promotion costs Required: 1. Compute each of the following costs for the year just ended: All services are provided to manufacturing departments. $Cost of idle time is an overhead item; it is not included in the direct-labor wages given above. *The rental of sales space was made necessary when the sales offices were converted to storage…
Please do not give solution in image format ?
Which of the following statements related to job cost sheets is FALSE? a. Job cost sheets normally do not include the selling price of the job completed. O b. None of the given answers is FALSE. O c. Individual job cost sheets are used by companies which produce shoes. O d. Applied manufacturing overhead costs are included in job cost sheets. O e. Ajob cost sheet does not include selling and administrative costs. US PAGE NEXT PAGE MAR 18 étv 66 MacBook Air
What is the answer for number 32?
The job-order cost sheet accumulates the cost of all the jobs produced. True O False
Urgent
what is the interpretation of full-time equivalents (FTEs) when calculating number of total employees needed? Why is it important?
Assume it is the beginning of the month, using the estimates and a job-order costing system, what price would you recommend Lina quote for each of the above two jobs to ensure profitability in the long term? 2. Assume it is the end of the month, determine the amount of under- or over-applied overhead and recommend to Lina how the amount should be accounted for. 3. Prepare a schedule of cost of goods manufactured for the month - these were the only two jobs started and sold (zero beginning and ending work-in-process inventory). Assume that actual materials used and the labour rate/hours are the same as estimated. Hint: refer to Exhibit 5.11 on page 213 of text for suggested format.
a. REQUIREMENTS #2 and #3 ONLY of Exercise 4-49 (picture 2). Assume Direct Labor workers make $20 per hour, so with the given labor cost per job, you can determine the number of hours worked. CHANGE the Exercise to say that Overhead is applied at the rate of $32 per direct labor hour. ALSO CHANGE to say that Job #39 and Job #40 were completed and sold, while Job #41 and Job #42 are complete but not sold, and Job #43 is not completed yet. b. Use the information in Problem 4-53 (picture 2) to prepare journal entries for the month of July with the following CHANGES. First, assume that the company uses a plantwide overhead rate based on direct labor dollars. Also assume that estimated information for the year includes Direct labor dollars of $1,642,000. Finally, assume that the company sells its jobs at a selling price equal to (cost + 25% of cost markup).
Productivity is best described as a. The output produced by the average worker in an hour b. The number of hours the average worker spends at the job c. The percentage of the population that is working d. GDP per capita
Salary of the factory cafeteria workers would be? Group of answer choices DM DL MOH Selling & Administrative

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Refer to the following wage breakdown for a garment factory. Hourly Wages Number of Employees $4 up to $7 7 up to 10 10 up to 13 13 up to 16 18 36 20 6. What are the class limits for the class with the smallest frequencies?