Chapulin Co. uses a normal costing system and applies MOH to jobs using a budgeted MOH rate based on machine hours. The budgeted manufacturing overhead for the year was estimated to be $172,000 and the estimated capacity for the plant was estimated at 25,000 machine hours. On January 1, Chapulin did not have jobs in process. During January, four jobs were placed in production Jobs #101, #102, #103 and #104, as follows : Job # 101 Job # 102 Job # 103 Job # 104 Machine Hours Used by the Job 800 950 555 300 Direct Materials $2,000 $3,000 1,500 800 Direct Labor 1,500 2,600 1,000 500 Manufacturing OVH ? ? ? ? Total ? ? ? ? Actual MOH cost for the month of January was $14,000. During the month, Chapulin completed Jobs #101 and #103. Required: [1 point] Calculate Chapulin’s budgeted overhead rate. [4 points] What was Chapulin’s Ending Balance for the WIP account for the month of January ? [2 points] What does any amount of over- or under-applied overhead mean for any balances in WIP Inventory and Finished Goods Inventory on the balance sheet?    

What is the common name of CH3(CH2)2–O–(CH2)2CH3?

Name this compound: CH3(CH2)5CH2SH

What is the biggest concern with dynamic pricing?

When faced with a competitor who has cut its product’s price, which of the following is the most cost-effective way for a company to maintain its own price but raise the perceived value of its offer?

A brand’s POSITIONING, not position, is derived from whose perspective?

What is the structure of 3-methyl-4-propyl-3-octanol?

Amines accept protons from water in a reversible reaction, making them.

A brand’s POSITIONING, not position, is derived from whose perspective?

Gabriella Grace, a designer doll company, became known for their Bella doll and it became known as an antique collector’s doll. However, the company wanted it to be known as an high-end everyday doll so they redesigned the packaging and communications to make it relate with that target customer. This is an example of what type of new product?