Grading systems encourage the production of higher quality products in the green industries.

Kayak Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Kayak Company’s production costs for the year were: direct labor, $31,000; direct materials, $51,000; and factory overhead applied $6,100. The predetermined overhead rate was:

At the beginning of the year, a company estimates total overhead costs of $1,148,980. The company applies overhead using machine hours and estimates that it will use 2,830 machine hours during the year. What amount of overhead should be applied to a job that uses 30 machine hours that year?

B&T Company’s production costs for May are: direct labor, $21,000; indirect labor, $7,300; direct materials, $15,800; property taxes on production facility, $880; factory heat, lights and power, $1,080; and insurance on plant and equipment, $280. B&T Company’s factory overhead incurred for May is:

GSP Manufacturing uses machine hours to allocate overhead costs to products. Budgeted information for the current year follows: Budgeted overhead cost $ 217,600 Budgeted machine hours 2,560 machine hours Budgeted direct labor hours 13,600 direct labor hours The overhead cost allocated to a job that uses 4 machine hours is:

Kay Company budgets overhead cost of $4,020,000 for the next year. The company uses direct labor hours as its overhead allocation base. If 120,000 direct labor hours are planned for the next year, what is the company’s plantwide overhead rate?

Angler Industries produces a product which goes through two operations, Assembly and Finishing, before it is ready to be shipped. Next year’s expected costs and activities are shown below. Assembly Finishing Direct labor hours 130,000 DLH 143,000 DLH Machine hours 330,000 MH 70,950 MH Overhead costs $ 330,000 $ 471,900 Assume that the Assembly Department allocates overhead based on machine hours, and the Finishing Department allocates overhead based on direct labor hours. How much total overhead will be assigned to a product that requires 1 direct labor hour and 2.8 machine hours in the Assembly Department, and 4.0 direct labor hours and 0.6 machine hours in the Finishing Department?

A histogram has space between the bars and a bar graph does not 

Luker Corporation uses a process costing system. The company had $177,500 of beginning Finished Goods Inventory on October 1. It transferred in $854,000 of units completed during the period. The ending Finished Goods Inventory balance on October 31 was $175,200. The entry to account for the cost of goods manufactured during October is:

The number of patients seen per day at a community health center over 30 days is:18, 25, 32, 41, 37, 29, 44, 53, 61, 2235, 48, 57, 63, 39, 27, 31, 46, 52, 5824, 34, 49, 55, 67, 73,Create a frequency table with counts, relative frequencies, and cumulative relative frequencies (Use decimals)Number of PatientsFrequency Relative Frequency Cumulative Frequency Cumulative Relative Frequency 0-910-1920-2930-3940-4950-5960-6970-79Total