Tyler Tooling Company uses a job order cost system with overhead applied to products on the basis of machine hours. For the upcoming year, the company estimated its total manufacturing overhead cost at $420,000 and total machine hours at 60,000. During the first month of operations, the company worked on three jobs and recorded the following actual direct materials cost, direct labor cost, and machine hours for each job:

Job 101 Job 102 Job 103 Total
Direct materials used $ 19,200 $ 14,400 $ 9,600 $ 43,200
Direct labor $ 28,800 $ 11,200 $ 9,600 $ 49,600
Machine hours 1,000 4,000 2,000 7,000

Job 101 was completed and sold for $60,000.

Job 102 was completed but not sold.

Job 103 is still in process.

Actual overhead costs recorded during the first month of operations totaled $45,000.

Required:
Prepare a journal entry showing the transfer of Job 102 into Finished Goods Inventory upon its completion.
Prepare the journal entries to recognize the sales revenue and cost of goods sold for Job 101.
Prepare the journal entry to transfer the balance of the Manufacturing Overhead account to Cost of Goods Sold

Answers

Answer 1

1. The journal entry to show the transfer of Job 102 into Finished Goods Inventory after its completion is as follows:

Journal Entry:

Debit Finished Goods $53,600

Credit Work in Process: Job 102 $53,600

2. The journal entries to recognize the sales revenue and cost of goods sold for Job 202 are as follows:

Journal Entries:

Debit Cash/Accounts Receivable $60,000

Credit Sales Revenue $60,000

Debit Cost of goods sold $55,000

Credit Finished Goods Inventory $55,000

3. The journal entry to transfer the balance of the Manufacturing Overhead account to the Cost of Goods Sold account is as follows:

Journal Entry:

Debit Manufacturing Overhead $4,000

Credit Cost of Goods Sold $4,000

Data and Calculations:

Estimated total manufacturing overhead = $420,000

Estimated total machine hours = 60,000 hours

Predetermined overhead rate = $7 ($420,000/60,000)

                                            Job 101     Job 102          Job 103         Total

Direct materials used       $ 19,200    $ 14,400       $ 9,600     $ 43,200

Direct labor                      $ 28,800     $ 11,200       $ 9,600     $ 49,600

Applied overhead              $7,000     $28,000      $14,000      $49,000

Total costs                       $55,000     $53,600      $33,200     $141,800

Machine hours             1,000 hours   4,000 hours 2,000 hours 7,000 hrs

Status of Jobs                   Sold             Finished      WIP

Sales revenue (Job 101) = $60,000

Manufacturing Overhead Account:

Actual overhead costs for the first month = $45,000

Applied overhead for the first month = $49,000 ($7 x 7,000)

Overapplied overhead = $4,000 ($49,000 - $45,000)

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Related Questions

The student activities office has four students who work part-time on a work-study program. Three of the students work
17 hours per week, 19 hours per week, and 16 hours per week. The office policy is that the average number of hours
students work per week in the student activities office is less than 17.5 hours. What is the restriction for the number of
hours that the fourth student can work?

Answers

Answer:

  less than 18 hours

Step-by-step explanation:

You want the restriction on the fourth value such that the average of it and 17, 19, and 16 will be less than 17.5.

Average value

The average of a set of numbers is their sum, divided by the number of numbers. The average of the four students' hours will be ...

  (17 +19 +16 +h)/4 < 17.5 . . . . . . restriction on average hours

Solution

Multiplying by 4 gives ...

  52 +h < 70

  h < 18 . . . . . . . . subtract 52

The fourth student can work less than 18 hours.

30 POINTS Graph the solution to this inequality on the number line. 1/2 x - 3 < -1 3/8

Answers

The graphing is achieved as follows:

On the graph the third sign counting from the left is used.

This is placed on the first mark of the three marks between 3 and 4. This point equivalent to 3 1/4 or 3.25

How to find the solution of the equation

Given data

the graph

and the equation  1/2 x - 3 < -1 3/8

solving for x gives

1/2 x - 3 < -1 3/8

1/2 x < 3 -11/8

x/2 < 13/8

x < 13 / 4

x < 3 1/4

On the graph the third sign counting from the left is used.

The arrow is facing left, this is to show the sign less than.

The tail has a hollow not a solid point to show that equality sign is not included.

This is placed on the first mark after point 3 as this is the point equivalent to 3 1/4 or 3.25

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$
5.79 for 4 quarts

dollars per quart

quarts per dollar.

Answers

Answer:

1.45 dollars per quart.

0.69 quarts per dollar.

Explanation:

To find dollars per quart,

5.79 ÷ 4 = 1.4475

Round to the nearest hundredth; 1.4475 -> 1.45

-

To find quarts per dollar,

4 ÷ 5.79 = 0.6908462867

Round to the nearest hundredth; 0.6908462867 -> 0.69

Dividing was all you needed!

The average annual cost of living in State A, State B, and State C are displayed in the
table below.
Average Annual
Cost of Living
$44,400 =A
$62,000 = B
$55,600 = C
Suppose you were offered a job in State B that pays $117,200.
How much is this equivalent to in State A? Round your answer to the nearest whole
dollar.

Answers

The equivalent income in City A given the average annual cost of living in City A and city B is $163,658.

What is the equivalent income?

The first step is to determine the ratio of the average cost of living in State A and State B. Ratio is used to show the relationship that exists between two or more values.

Cost of Living in City B / Cost of Living in City A

$62,000 / $44,400 = 1.39640

Multiply the ratio gotten in the previous step by the offered salary in State B : 1.39640 x $117,200 = $163,658

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Suppose you had d dollars in your bank account. You spent $14 but have at least $48 left. How much money did you have initially? Write and solve an inequality that represents this situation.

Answers

The inequality that represents this situation is d - 14 >= 48 and the solution is d >= 62

How to write and solve an inequality that represents this situation.

The given parameters are:

Initial amount = d

Spent = 14

Amount left  = at least 48

The above means that

d - 14 = at least 48

at least 48 means greater than or equal to 48

So, we have

d - 14 >= 48

Add 14 to both sides

d >= 62

Hence, the inequality that represents this situation is d - 14 >= 48 and the solution is d >= 62

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Find the weighted mean. Round your answer to one decimal place.
Deliveries Per Week
Frequency
2
4
6
8
Weighted mean =
Question Help:
5
4
2
7
deliveries per week
I
Enter an integer or decimal number [more..]
Merrage instructor

Answers

The weighted mean as 5.22 for the data given for deliveries per week and the frequency of the deliveries.

We are given the data:

Deliveries Per Week (X)            Frequency  (Y)          X Y    

2                                                   5                                10

4                                                   4                                16

6                                                   2                                12

8                                                   7                                56

Sum                                              18                              94

We need to find the mean.

Mean = Sum of observations / Number of observations.

Mean =  94 / 18

Mean = 5.22

Therefore, we get that, the weighted mean as 5.22 for the data given for deliveries per week and the frequency of the deliveries.

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EASY Question 20 POINTS

Answers

Answer:

2 option

Step-by-step explanation:

im right

Answer:

No.2

Step-by-step explanation:

Isla has $30 to spend on treats for her kindergarten class. She wants to buy her students cookies, c, and popsicles, p. Each box of cookies costs $5.50 each, and each bag of popsicles costs $3.00 each. If she must buy 3 bags of popsicles, which inequality could be used to determine the maximum number of boxes of cookies she can buy?




a
A
b
B
c
C
d
D

Answers

Answer:B

Step-by-step explanation:because she might buy more cookies but we dont know she we dont multiply it by anything but the cookies we multiply that by 3 so thats why it doesn't have p because we know how much she's getting the reason its not a is because it says greater or equal to we dont want to go over 30 we want to be equal or less than 30

hope this helps :}

Brian had a collection of 25 toy cars. Each month his grandpa buys him a new one. Identify the slope.

Answers

y=mx+b

y=1x+25--> equation

m=slope

b=y-intercept

slope is 1

Simplify 2x + x

Show your work

Answers

Answer:

Step-by-step explanation:

=2x+1x

=(2+1)x

=3x

8 feet
The largest possible circle is cut out of a square whose side length is 8 feet. What will be the approximate area, in square feet, of
the remaining board? (4=r2 where = 3.14)
0 5f²
O 10 ft²
O 15 ft2
○ 20 ft²
C

Answers

Answer:

50.24sqft

Step-by-step explanation:

side = 8ft

that means that the circle diameter will be 8ft

the radius will be half the diameter, so 4ft

the area of the circle is

[tex]\pi r^2 = \pi \cdot (4ft)^2 \approx 3.14 \cdot 16sqft = 50.24sqft[/tex]

QUESTION IN IMAGE, WILL GIVE BRAINLIEST AND LOTS OF POINTS​

Answers

Answer:

Option 1

Step-by-step explanation:

(3)(-17.25) = -51.75, he withdrew $51.75.

3 because he withdrew a total of 3 times.

-17.25 because he was taking out money.

Answer:(3)(-17.25)= -51.75

Step-by-step explanation:

I’m really not understanding what the next step is or what I did wrong. if anyone could help that would be appreciated:)

Answers

The vehicle will get speed of approximately 15 mph and -210 mph.

What is speed?

Science's most important concept is measurement. Many measurable quantities are measured in fundamental or base units. One such measurable quantity is speed, which is defined as the ratio of an object's distance travelled to the time required to travel that distance. Let us learn about speed in depth during this session.

The ratio of distance to time taken to cover a distance is used to calculate speed. Because it only has one direction and no magnitude, speed is a scalar quantity.

Given the equation for gas mileage = 0.02x² + 3.9x  - 43 where x means speed

We have been asked to find x if gas mileage = 20 that is

0.02x² + 3.9x  - 43 = 20

Lets simplify

⇒ 0.02x² + 3.9x  - 43 = 20

⇒ x² /50 + 39x/10  - 63 = 0

⇒ x²/ 50 + 195x/50 - 3150 = 0

⇒ 1/50 (x + 195x - 3150 ) = 0

⇒ 1/50 (x + 210x - 15 x - 3150 ) = 0

⇒ 1/50 (x (x+210) −15 (x+210)) = 0

⇒ 1/50 (x−15)(x+210) = 0

⇒  (x−15)(x+210)  = 0 × 50

⇒ (x − 15)(x + 210)  = 0

⇒ x = 15, x = -210

So, try using 15 mph and -210 mph, that might work.

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what is the equivalent fraction of -3.2

Answers

Answer:

- 3 and 1/5

Step-by-step explanation:

Answer: - 16 / 5

Step-by-step explanation:

what is 17 + 1? And 16 divided by 2?

Answers

17+1=18 and 16÷2=8

It's pretty self explanatory? I mean you could just look at it, and know the answer.

Answer:

the answer is : 18 and 8

27. You are driving on the interstate with your cruise control on at a constant speed of 64 miles per hour.
Use the number lines below to determine how long it will take to drive to the next rest sop that is 16
miles away (see textbook, page 20). Explain the thinking you used to determine your answer.

Answers

The car will take 15 minutes to drive to the next stop which is 16 miles away.

As per the question statement, we are supposed to find the time taken by the car to drive to the next stop which is 16 miles away if it is driving on the interstate with cruise control on at a constant speed of 64 miles per hour.

Before solving the question, we need to know the concept of relation between time, distance and speed, which states that

[tex]speed=\frac{distance}{time}[/tex]

In the question [tex]speed = 64 mph\\distance = 16 miles\\time taken = t[/tex]

Substituting values in the formula above,

[tex]64=\frac{16}{t} \\t=\frac{16}{64} \\t=0.25 hours =0.25 *60\\t=15 minutes[/tex]

Hence the time taken by car  to drive to the next stop which is 16 miles away is 15 minutes or [tex]\frac{1}{4}[/tex] hours.

Cruise control: An electrical device called cruise control makes it possible to lock the accelerator of a moving car at a particular pace.

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Find the AREA of the triangle formed by the x-axis, the y-axis and
the line y = 2x + 4
Remember that the area of a triangle is: A = (base) (height)
Hint: Sketch the graph using x- and y-intercepts.
square units
Area =

Answers

the x-axis, the y-axis and

the line y = 2x + 4

Remember that the area of a triangle is: A = (base) (height)

Hint: Sketch the graph using x- and y-intercepts.

square units

Ar

In Exercises 6-10, use the diagram.
6. Find the perimeter of AABC.
7. Find the perimeter of quadrilateral
ACDE.
8. Find the area of AABC.
9. Find the area of quadrilateral
ACDE.
10. Find the area of pentagon ABCDF.
B(-1,5) Y
A(-4, 3)
2
F(-4,-3)
-2-
N
E(-2,-3)
C(2, 3)
2 4 X
D(4,-3)

Answers

Answer: 5

Step-by-step explanation:

I need help with #55.​

Answers

Answer:change

Step-by-step explanation:

1 change them

2 switch sides

3 move the colors

What is the midpoint of the segment?
(-6, 5) and (-6, 8)

Answers

Greetings from Brasil...

The expression that allows calculating the midpoint is:

M = [(X₁ + X₂)/2 ; (Y₁ + Y₂)/2]

X₁ = - 6

X₂ = - 6

Y₁ = 5

Y₂ = 8

then

M = [(- 6 + (- 6))/2 ; (5 + 8)/2]

M = [(- 12)/2 ; 13/2]

M = (- 6; 13/2)

Answer:

(−6,6 1/2)

Step-by-step explanation:

Calculate the midpoint, using the midpoint formula:

In decimal form, it would be (-6,6.5).

How to spell 737 in number form

Answers

Answer:

737 or seven hundred thirty-seven

Step-by-step explanation:

What is the 19th term of the sequence:

gn=gn−1⋅(−12) if g17=162
the sixth term is ______

Answers

This is an arithmetic sequence

The nth term of an arithmetic sequence is Tn = a + (n-1)d

a is the first term.

n is the number of terms

d is the common difference

Given that 19th term of the sequence is:

         gn=gn−1⋅(−12) if g17=162

Suppose a=12

Then,

The 17th term g17=a+(n-1)d

                           = 12+(17-1)d

'n' means number of terms

                        12+(17-1)d=162    because g17=162

                        12+16d=162

                         16d=162-12

Subtract the values,

We can write,

                         16d=150

                           d=150/16

Divide the values,

We can write,

                           d=25

To get the sixth term g6

      g6=12+(6-1)d

           =12+5d

     Replace with d value in above equation,

Then,       g6=12+5(25)

              g6=12+125

               g6=137

So, the sixth term is g6=137.

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WILL MARK BRANLIEST !!!!

For each line, determine whether the slope is positive, negative, zero, or undefined.

Answers

Answer: 1st is positive 2nd is negative 3rd and 4th are undefined or 0

Step-by-step explanation:

Answer:

1.positive

2.undefine

3.positive

4.negative

fill in the blanks to find x line ab is a straight line(Please show your work)

Answers

Statement                                                                     Reason

1. m<AOB = 180 degrees                                   Angle on a straight line

2. m<AOE + m<EOF + m<FOB = m<AOB         supplementary angles

3. x + 2x + 34° + 20° = 180 degrees                 Substitution

4. x =  42 degrees                                             Algebra

How to solve for the missing angle x

x + 2x + 34° + 20° = 180 degrees   -  supplementary angles

3x + 54 = 180

3x = 180 - 54

3x = 126

x = 126 / 3

x = 42 degrees

What is angle on a straight line?

This refers to angle formed by a straight line which is equal to 180 degrees.

What are supplementary angles?

This refers to angles whose sum is equal to 180 degrees. Sum of angles on a point on a straight line is equal to 180 degrees

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The temperature readings for 20 days at 4 AM at a local ski resort were recorded as follows: 24° −10° 9° 18° 23° 27° 8° 17° 3° 7° −2° −6° 2° −9° −8° 21° 25° 15° 10° 29° What was the average of the recorded temperatures for these 20 days? Do not round your answer.

Answers

Based on the temperature readings, the average recorded temperature in the 20 days was 10.15°

What was the average temperature?

The average temperature can be found by adding all the temperatures and then dividing by the number of temperatures taken which is 20.

The average is therefore:

= 24° + (−10°) +  9° +  18° +  23° +  27° +  8° +  17° +  3° +  7° + ( −2°) +  (−6°) +  2° + (−9°) +  (−8°) +  21° +  25° +  15° +  10° +  29°) / 20

= 203 / 20

= 10.15°

In conclusion, the average temperature was  10.15°.

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three answers !
please help me i need to finish this today :((

Answers

Answer:

Your answer should be 90 degrees for angle one. For angle two, 58 and angle three 32.

Step-by-step explanation:

This is because they are supplementary angles! I hope this helps. Xx

Answer: ∠1 = 90°

Step-by-step explanation:

∠1 = ∠4

∠2 = ∠5

∠3 = ∠6

reason = vertically opposite angle

∠1 = 90°

∠2 = 58°

∠3 = 32°

checking :

total angles = 360°

360° = ∠1 + ∠2 + ∠3 + ∠4 + ∠5 + ∠6

360° = 90° + 58° + 32° + 90° + 58° + 32°

360° = 360°

The graph of the function f(x) = –(x + 6)(x + 2) is shown below.

On a coordinate plane, a parabola opens down. It goes through (negative 6, 0), has a vertex at (negative 4, 4), and goes through (negative 2, 0).

Which statement about the function is true?

The function is increasing for all real values of x where
x < –4.
The function is increasing for all real values of x where
–6 < x < –2.
The function is decreasing for all real values of x where
x < –6 and where x > –2.
The function is decreasing for all real values of x where
x < –4.

Answers

The correct statement about the given function is: The function is increasing for all real values of x where x < –4.

In this question, we have been given the graph of the function

f(x) = -(x + 6)(x + 2)

According to description of the graph of given function f(x), the graph of function is a parabola and on a coordinate plane, a parabola opens down.

Also, the parabola goes through (-6, 0), has a vertex at (-4, 4), and goes through (-2, 0).

We need to find to the correct statement about the function.

f(x) = -(x + 6)(x + 2)

The function is increasing until it reaches the vertex x = -4.  

The function will decrease after the vertex, so after x = -4 function decreases.

increasing: -∞ < x < -4

decreasing : -4 < x < ∞

Therefore, the correct statement about the given function is: The function is increasing for all real values of x where x < –4.

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pls answer if wrong reported

Answers

Answer: 48

I hope this helps!

Answer: D, 48

!!! It’s hard to see, but it looks like the exponent in the denominator is negative, so that is what the answer is based off of. IF THE EXPONENT IN THE DENOMINATOR IS NEGATIVE DO NOT USE THIS ANSWER. But, 3/4^-2 (3 divided by 4 to the power of - 2) equals 48. Hope this helps

What's the correct answer?

Answers

Answer- D = (equal sign)

Explanation-

When you see two straight lines in math | | with number inside, regardless if the number inside is positive or negative, the outcome will be positive. This is called the absolute value. After we solve our absolute value however, there is a negative on the outside, which means that 61 will become negative again. Our equation is now -61 _____ -61. Your correct choice will be the equal sign, since -61 is equal to -61.

HOPE THIS HELPS GOOD LUCK!

The new dolphin tank at the city aquarium is in the shape of a rectangular prism. It is 25 yd long by 14yd wide by 5yd deep. To make the tank livable for the dolphins, the aquarium workers treat the water using bags of salt. The amount of water a bag of salt can treat is known in cubic feet.

Answers

The amount of water a bag of salt can treat is 47, 250 cubic feet

How to determine the volume

The formula for volume of a rectangle is expressed as;

Volume = length × width × height

From the information given, we have the following parameters;

Length = 25 yardsWidth = 14 yardsHeight = 5 yards

Substitute the values into the formula

Volume = 25 × 14 × 5

Find the product

Volume = 1750 cubic yards

Covertoing cubic yard to cubic feet

I cubic yard = 27 cubic foot

1750 yards = x

x = 27 × 1750

x = 47, 250 cubic feet

Thus, the amount of water a bag of salt can treat is 47, 250 cubic feet

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