Carlisle Carts Manufactures Custom Carts for a Variety of Uses

question 175

Multiple Choice

Carlisle Carts manufactures custom carts for a variety of uses. The following data have been recorded for Job 557, which was recently completed. Direct materials used cost $6,300. There were 180 direct labour hours worked on this job at a direct labour wage rate of $20 per hour. There were 75 machine hours used on this job. The predetermined overhead rate is $32 per machine hour used. What is the total manufacturing cost of Job 557?

• A) $3,600
• B) $12,300
• C) $2,400
• D) $6,555

Understand how to compute total asset turnover.

Comprehend the procedure for handling improvements on leased office spaces.

Understand and calculate the depreciation expense using different methods such as straight-line, double-declining-balance, and units-of-production.

Prepare adjusting journal entries for recording depreciation and asset disposals.

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Definitions:

Stimulant Drugs

Substances that increase alertness, attention, and energy by activating the central nervous system.

Ritalin

A stimulant medication commonly prescribed to treat attention-deficit/hyperactivity disorder (ADHD), enhancing focus and impulse control.

Adderall

A prescription medication typically used to treat attention deficit hyperactivity disorder (ADHD) and narcolepsy.

Attention-Deficit/Hyperactivity Disorder

A neurodevelopmental disorder characterized by a pattern of inattention, hyperactivity, and/or impulsivity.