following data have been recorded for recently completed Job 501 on its job cost sheet. Direct materials cost was $3‚067. A total of 30 direct labor-hours and 104 machine-hours were worked on the job. The direct labor wage rate is $12 per labor-hour. The company applies manufacturing overhead on the basis of machinehours. The predetermined overhead rate is $11 per machine-hour. The total cost for the job on its job cost sheet would be: A. $4‚571 B. $3‚757 C. $3‚090 D. $3‚427 Applied manufacturing
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3. What you have done above is a “full-cost” analysis. This is in contrast to a “direct-cost” analysis that ignores overhead costs. Is full cost the right metric for job profitability and customer profitability? What assumptions are we making about the variability of overhead costs when we do a “full-cost” analysis? By allocating the overhead costs to jobs and customers there is an implicit assumption that these are variable with the cost driver. In reality‚ some of the overhead costs are fixed
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What Is the Real Cost Of Employee Turnover The employee turnover rate and the retention of skilled employees is a major problem businesses face. "Conservative estimates put the cost of replacing a lost employee at 25 percent of the annual compensation amount. For the typical full time employee who earns $38‚481 and receives $50‚025 in total compensation‚ the total cost of turnover would amount to $12‚506 per employee." This being the case employee turnover is a major cost and can significantly
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Methodology Questionnaires and schedules are very much used in gathering a variety of data. They have been used for the collection of personal preferences‚ social beliefs‚ attitudes‚ opinions‚ behavior patterns‚ group practices‚ habits and other kinds of data. The increasing use of schedules and questionnaires is probably due to increased emphasis by social scientists on quantitative measure¬ment of uniformly accumulated data. A questionnaire is a tool for data collection. It consists of a number
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are some costs attached to travelling that seem to be unavoidable like airport parking. Melbourne airport parking is ranked as the second most expensive in Australia. The trend seems to be that the bigger city the higher the airport parking fees are likely to be. Airports collect a lot of revenue from the parking that they provide. One would argue that‚ considering that bigger airports are often the busiest‚ there needs to be a system to control the congestion that could happen if prices were reasonable
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Americans to take a stand and demand civil and political rights. All seemed well in the renaissance until the stock market crashed in 1929. Many seem to argue that the stock market crash was the primary cause of the end of the Harlem Renaissance‚ but there were many other factors that contributed such as civil unrest‚ the NAACPs change of focus‚ the prohibition act‚ and the great depression as a whole. On March 19‚ 1935‚ a riot occurred in the Manhattan neighborhood of Harlem. According to blackpast‚”At
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Structure Setting and Adjustment | Definition | A pay structure is a collection of pay rates or pay ranges.Structure setting and adjustment is the process of developing‚ adjusting‚ and maintaining a pay structure. | Purpose | Pay structures are used to help organizations: * maintain pay levels that are competitive with the external labor market‚ * maintain internal pay relationships among jobs‚ * recognize and reward differences in level of responsibility‚ skill‚ and performance‚ and *
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Operating Systems 3 – Deadlocks Lab notes Course lectured by Prof. Gabriel Kuper Lab assist. Ilya Zaihrayeu http://www.dit.unitn.it/~ilya/os.htm Deadlock Prerequisites Deadlock can arise if four conditions hold simultaneously: Mutual exclusion: only one process at a time can use a resource. If another process requests that resource‚ the requesting process is delayed until the resource is released; Hold and wait: a process holding at least one resource is waiting to acquire additional resources
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the 1900s immigration became a very big part of U.S history. While immigrants were coming they all came for one reason‚ because there were hardships in the places they came from. Also when they arrived there were many hardships these immigrants faced. First of all‚ many immigrants came to the U.S because they had many hardships in their native countries. One of the reasons that many immigrants came was because there were “hard times and epidemic in Italy‚” this is shone in document one almost one
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expense or depreciation cost is fixed cost or variable cost in nature? Fixed costs: Fixed costs are such costs that do not change with the change in activity level within the relevant range. Where relevant range can be defined in terms of time or activity level. Variable costs: Variable costs are such costs that change with the change in activity level . Coming to the question‚ depreciation expense or depreciation cost can either be fixed or variable and this depends on the method adopted to measure
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