Chapter 2, Problem 2.7P

I need help with this financial accounting question using the proper accounting approach.

Nova Consulting estimates its consultants will work 25,000 direct labor hours per year. The company's projected total indirect costs are $320,000. The direct labor rate is $95 per hour. The company uses direct labor hours as the allocation base for indirect costs. If Nova performs a job requiring 32 hours of direct labor, what is the total job cost?

Determine the depreciation for the month.

What was milissa's total Dollar return on this stock?

Nova Consulting estimates its consultants will work 25,000 direct labor hours per year. The company's projected total indirect costs are $320,000. The direct labor rate is $95 per hour. The company uses direct labor hours as the allocation base for indirect costs. If Nova performs a job requiring 32 hours of direct labor, what is the total job cost? Help

Young Technology has an accounts receivable turnover for the year of 6.4. Net sales for the period are $225,000. What is the number of days' sales in receivables?

Vine Orchards purchased a tractor for $278,400, with an estimated residual value of $12,300. The tractor is expected to have a useful operating life of 45,000 hours. During July, the tractor was operated for 165 hours. Determine the depreciation for the month.

Accurate Answer

Accounts receivable:5900 account payable:12800