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Question : 92.CWN Company uses a job order costing system and last : 1258477

Accounting

 

92.CWN Company uses a job order costing system and last period incurred $80,000 of actual overhead and $100,000 of direct labor. CWN estimates that its overhead next period will be $75,000. It also expects to incur $100,000 of direct labor. If CWN bases applied overhead on direct labor cost, its predetermined overhead rate for the next period should be:   

A. 75%.

B. 80%.

C. 107%.

D. 125%.

E. 133%.

93.Cosi Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Cosi expects to incur $800,000 of overhead during the next period, and expects to use 50,000 labor hours at a cost of $10.00 per hour. What is Cosi Company’s overhead application rate?   

A. 6.25%.

B. 62.5%.

C. 160%.

D. 1600%.

E. 67%.

94.The B&T Company’s production costs for May are: direct labor, $13,000; indirect labor, $6,500; direct materials, $15,000; property taxes on production equipment, $800; heat, lights and power, $1,000; and insurance on plant and equipment, $200. B&T Company’s factory overhead incurred for May is:    

A. $2,000.

B. $6,500.

C. $8,500.

D. $21,500.

E. $36,500.

95.Mesa Corp. allocates overhead to production on the basis of direct labor costs. Mesa’s total estimated overhead is $450,000 and estimated direct labor is $180,000. Determine the amount of overhead to be allocated to finished goods inventory if there is $20,000 of total direct labor cost in the jobs in the finished goods inventory.    

A. $8,000.

B. $20,000.

C. $70,000.

D. $50,000.

E. $90,000.

96.Dallas Company uses a job order costing system. The company’s executives estimated that direct labor would be $2,000,000 (200,000 hours at $10/hour) and that factory overhead would be $1,500,000 for the current period. At the end of the period, the records show that there had been 180,000 hours of direct labor and $1,200,000 of actual overhead costs. Using direct labor hours as a base, what was the predetermined overhead rate?   

A. $6.00 per direct labor hour.

B. $7.50 per direct labor hour.

C. $6.67 per direct labor hour.

D. $8.33 per direct labor hour.

E. $7.08 per direct labor hour.

97.Using the following accounts and an overhead rate of 90% of direct labor cost, determine the amount of applied overhead. 

Work in Process InventoryFinished Goods Inventory

DRCRDRCR

Beg. Bal.17,600  Beg. Bal. 5,200

D.M.52,800   201,520

D.L.      ?

O.H.?F.G.?

End. Bal. 36,080

  

A. $79,200.

B. $167,200.

C. $34,320.

D. $88,000.

E. $35,376.

98.If one unit of Product Z2 used $2.50 of direct materials and $3.00 of direct labor, sold for $8.00, and was assigned overhead at the rate of 30% of direct labor costs, how much gross profit was realized from this sale?    

A. $8.00.

B. $5.50.

C. $2.50.

D. $1.60.

E. $0.90.

99.The ending inventory of finished goods has a total cost of $9,000 and consists of 600 units. If the overhead applied to these goods is $3,000, and the overhead rate is 75% of direct labor, how much direct materials cost was incurred in producing these units?    

A. $3,750.

B. $2,000.

C. $4,000.

D. $6,000.

E. $9,000.

100.At the current year-end, Simply Company found that its overhead was underapplied by $2,500, and this amount was not considered material. Based on this information, Simply should:    

A. Close the $2,500 to Cost of Goods Sold.

B. Close the $2,500 to Finished Goods Inventory.

C. Do nothing about the $2,500, since it is not material, and it is likely that overhead will be overapplied by the same amount next year.

D. Carry the $2,500 to the income statement as “Other Expense”.

E. Carry the $2,500 to the next period.

101.If overhead applied is less than actual overhead incurred, it is:   

A. Fully applied.

B. Underapplied.

C. Overapplied.

D. Expected.

E. Normal.

 

 

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July 1, 2023
    

 

Whether in a scholarly or practitioner setting, good research and data analysis should have the benefit of peer feedback. For this Discussion, you will perform an article critique on t tests. Be sure and remember that the goal is to obtain constructive feedback to improve the research and its interpretation, so please view this as an opportunity to learn from one another.

To prepare for this Discussion:

  • Review the Learning Resources and the media programs related to t tests.
  • Search for and select a quantitative article specific to your discipline and related to t tests. Help with this task may be found in the Course guide and assignment help linked in this week’s Learning Resources. Also, you can use as a guide the Research Design Alignment Table located in this week’s Learning Resources

ASSIGNMENT 

Write a 3- to 5-paragraph critique of the article. In your critique, include responses to the following:

  • Which is the research design used by the authors?
  • Why did the authors use this t test?
  • Do you think it’s the most appropriate choice? Why or why not?
  • Did the authors display the data?
  • Do the results stand alone? Why or why not?
  • Did the authors report effect size? If yes, is this meaningful?  

 

Required Readings

Frankfort-Nachmias, C., Leon-Guerrero, A., & Davis, G. (2020). Social statistics for a diverse society (9th ed.). Thousand Oaks, CA: Sage Publications.
Chapter 8, “Testing Hypothesis” (pp. 243-279)

Wagner, III, W. E. (2020). Using IBM® SPSS® statistics for research methods and social science statistics (7th ed.). Thousand Oaks, CA: Sage Publications.
Chapter 6, “Testing Hypotheses Using Means and Cross-Tabulation” (previously read in Week 5)
Chapter 11, “Editing Output” (previously read in Week 2, 3, and 4)

Walden University Library. (n.d.). Course Guide and Assignment Help for RSCH 8210. Retrieved from http://academicguides.waldenu.edu/rsch8210
For help with this week’s research, see this Course Guide and related weekly assignment resources.

Document: Week 6 t test Scenarios (PDF)
Use these scenarios to complete this week’s Assignment. (see attachments)

must be apa written

Must USE SUBHEADING 

TURN IT IN REQUIRED 

default image
July 1, 2023
    

 

Whether in a scholarly or practitioner setting, good research and data analysis should have the benefit of peer feedback. For this Discussion, you will perform an article critique on t tests. Be sure and remember that the goal is to obtain constructive feedback to improve the research and its interpretation, so please view this as an opportunity to learn from one another.

To prepare for this Discussion:

  • Review the Learning Resources and the media programs related to t tests.
  • Search for and select a quantitative article specific to your discipline and related to t tests. Help with this task may be found in the Course guide and assignment help linked in this week’s Learning Resources. Also, you can use as a guide the Research Design Alignment Table located in this week’s Learning Resources

ASSIGNMENT 

Write a 3- to 5-paragraph critique of the article. In your critique, include responses to the following:

  • Which is the research design used by the authors?
  • Why did the authors use this t test?
  • Do you think it’s the most appropriate choice? Why or why not?
  • Did the authors display the data?
  • Do the results stand alone? Why or why not?
  • Did the authors report effect size? If yes, is this meaningful?  

 

Required Readings

Frankfort-Nachmias, C., Leon-Guerrero, A., & Davis, G. (2020). Social statistics for a diverse society (9th ed.). Thousand Oaks, CA: Sage Publications.
Chapter 8, “Testing Hypothesis” (pp. 243-279)

Wagner, III, W. E. (2020). Using IBM® SPSS® statistics for research methods and social science statistics (7th ed.). Thousand Oaks, CA: Sage Publications.
Chapter 6, “Testing Hypotheses Using Means and Cross-Tabulation” (previously read in Week 5)
Chapter 11, “Editing Output” (previously read in Week 2, 3, and 4)

Walden University Library. (n.d.). Course Guide and Assignment Help for RSCH 8210. Retrieved from http://academicguides.waldenu.edu/rsch8210
For help with this week’s research, see this Course Guide and related weekly assignment resources.

Document: Week 6 t test Scenarios (PDF)
Use these scenarios to complete this week’s Assignment. (see attachments)

must be apa written

Must USE SUBHEADING 

TURN IT IN REQUIRED 

default image
July 1, 2023
    

 

Whether in a scholarly or practitioner setting, good research and data analysis should have the benefit of peer feedback. For this Discussion, you will perform an article critique on t tests. Be sure and remember that the goal is to obtain constructive feedback to improve the research and its interpretation, so please view this as an opportunity to learn from one another.

To prepare for this Discussion:

  • Review the Learning Resources and the media programs related to t tests.
  • Search for and select a quantitative article specific to your discipline and related to t tests. Help with this task may be found in the Course guide and assignment help linked in this week’s Learning Resources. Also, you can use as a guide the Research Design Alignment Table located in this week’s Learning Resources

ASSIGNMENT 

Write a 3- to 5-paragraph critique of the article. In your critique, include responses to the following:

  • Which is the research design used by the authors?
  • Why did the authors use this t test?
  • Do you think it’s the most appropriate choice? Why or why not?
  • Did the authors display the data?
  • Do the results stand alone? Why or why not?
  • Did the authors report effect size? If yes, is this meaningful?  

 

Required Readings

Frankfort-Nachmias, C., Leon-Guerrero, A., & Davis, G. (2020). Social statistics for a diverse society (9th ed.). Thousand Oaks, CA: Sage Publications.
Chapter 8, “Testing Hypothesis” (pp. 243-279)

Wagner, III, W. E. (2020). Using IBM® SPSS® statistics for research methods and social science statistics (7th ed.). Thousand Oaks, CA: Sage Publications.
Chapter 6, “Testing Hypotheses Using Means and Cross-Tabulation” (previously read in Week 5)
Chapter 11, “Editing Output” (previously read in Week 2, 3, and 4)

Walden University Library. (n.d.). Course Guide and Assignment Help for RSCH 8210. Retrieved from http://academicguides.waldenu.edu/rsch8210
For help with this week’s research, see this Course Guide and related weekly assignment resources.

Document: Week 6 t test Scenarios (PDF)
Use these scenarios to complete this week’s Assignment. (see attachments)

must be apa written

Must USE SUBHEADING 

TURN IT IN REQUIRED 

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