A job order cost card for Miniblinds by Jenny appears below. Complete the missing information. The profit
Question:
A job order cost card for Miniblinds by Jenny appears below. Complete the missing information. The profit factor in the company's cost-plus contract is 50 percent of total cost.
Transcribed Image Text:
Job Order Cost Card Miniblinds by Jenny Customer. Job Order No Contract Type Type of Service Date of Completion: Carmen S Cost Plus Miniblind Installation and Design June 12, 2011 Costs Charged to Job Installation services Total Cost $445 S 7 $200 $400 Installation labor Service overhead (80% of installation labor costs) Total Designer services Designer labor Service overhead% of designer labor costs) Total Cost Summary to Date Installation services Designer services Total Cost S 7 Total Profit margin (50% of total cost) Contract revenue
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 56% (16 reviews)
JOB ORDER COST CARD Miniblinds by Jenny Customer Carmen Sa...View the full answer
Answered By
CHARLES AMBILA
I am an experienced tutor with more than 7 years of experience. I have helped thousands of students pursue their academic goals. My primary objective as a tutor is to ensure that students have easy time handling their academic tasks.
5.00+
109+ Reviews
323+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
A job order cost card for Cloud Storage Services follows. Complete the missing information. The profit factor in the organizations cost-plus contract is 60 percent of totalcost. JOB ORDER COST CARD...
-
Complete the following job order cost card for five custom-built computersystems: Job Order 16 JOB ORDER COST CARD Custom Computers Kowloon, Hong Kong Customer: L. Kim Specifications: 5 Computer...
-
Complete the following job order cost card for an individual tax return: Cost Summary to Date Total Cost Client interview..........................................$ ? Preparation of...
-
What is the MFD? UFD? How are they related?
-
Thunder horse Oil is a U.S. oil company. Its current cost of debt is 7%, and the 10-year U.S. Treasury yield, the proxy for the risk-free rate of interest, is 3%. The expected return on the market...
-
In the picture of Fig. 6.10, you see in action a fundamental force of nature (called the Lorentz force) acting on particles with electric charge \(q\). The Lorentz force is expressed by the relation...
-
Does life satisfaction change by region over time? Use the lifesat_childmort data from Example 2.15 to explore this question. Data from Example 2.15 The World Happiness Report [Helliwell et al.,...
-
Read the following description of Drea Tech Company and identify the elements of inherent risk associated with the revenue cycle. Determine the appropriate audit response (audit procedure) to address...
-
Brushes produces a premium hairbrush. Total manufacturing costs are $ 2 0 0 comma 0 0 0 $ 2 0 0 , 0 0 0 when 1 5 comma 0 0 0 1 5 , 0 0 0 brushes are produced. Of this amount, total variable costs are...
-
A recent annual report issued by Best Buy revealed the following data. The companys income statement reported total annual revenue of $42,151 million and net income for the year of $1,000 million....
-
A job order cost card for Hal's Computer Services appears at the top of the next page. Complete the missing information. The profit factor in the organization's cost-plus contract is 30 percent of...
-
Personal Shoppers, Inc., relieves busy women executives of the stress of shopping for clothes by raking an inventory of a client's current wardrobe and shopping for her needs for the next season or a...
-
Why do the dollar totals in the self-performed option of boxed-in elevated CIP slab example included in this chapter not exactly match the values in Figure 11.3? Figure 11.3 Project: Dunn Lumber...
-
True or False: Prime cost is the sum of direct material cost and direct labor cost.
-
True or False: The investment tax credit is not in force, currently.
-
True or False: If money can be borrowed for \(20 \%\) compounded annually and the marginal income tax rate is \(40 \%\), then it will be profitable to borrow the investment capital if your after-tax...
-
True or False: If an investment cannot be justified economically using a before-tax analysis, it cannot be justified using an after-tax analysis.
-
True or False: The faster an asset is depreciated, the greater will be its after-tax present worth.
-
The text states that in terms of value, the majority of stock in the United States is held by households through institutions and the percentage of institutional holding of stock (as well as the...
-
Classify each of the following as direct costs or indirect costs of operating the Pediatrics ward for children at the Cleveland Clinic: a. Wi-Fi covering the entire hospital campus b. Net cost of...
-
Let e and e' be unit vectors in R 3 such that e e'. Use the geometric properties of the cross product to compute e (e' e).
-
Company Edgar reported the following cost of goods sold but later realized that an error had been made in ending inventory for year 2021. The correct inventory amount for 2021 was 12,000. Once the...
-
If a group of inventory items costing $15,000 had been omitted from the year-end inventory count, what impact would the error have on the following inventory calculations? Indicate the effect (and...
-
What type of issues would arise that might cause inventory errors?
-
Using a CAD package, draw the necessary views and completely dimension the part shown. Do not base your 2-D dimension placement on the 3-D dimensions shown. Use proper dimensioning techniques to...
-
Using a CAD package, draw the necessary views and completely dimension the part shown. Do not base your 2-D dimension placement on the 3-D dimensions shown. Use proper dimensioning techniques to...
-
2. (20 points) The gravitational force between two objects is F = 100N, determine the following: (a) The force between the objects is the distance is twice the original distance. (b) The force...
Study smarter with the SolutionInn App