Direct Direct Direct Materials Labour Cost Labour Hours

question 109

Multiple Choice

Direct Direct Direct Materials Labour Cost Labour Hours
Job 400 $200 $800 40
Job 401 250 200 10
Job 402 500 600 32
Sparkle Company uses job costing and applies overhead using an actual costing system using direct labour hours as the allocation base. This period's estimated overhead cost is $400,000, estimated direct labour cost is $500,000 and estimated direct labour hours are 25,000. This period's actual overhead cost was $420,000, actual direct labour cost was $390,000, and actual direct labour hours were 20,000.
What is the total manufacturing cost of Job 402?

• A)$1,100
• B)$1,772
• C)$1,320
• D)$1,640

Distinguish between experimental and non-experimental research methods.

Recognize the importance of measuring variables appropriately to accurately analyze and interpret research findings.

Understand the basics and objectives of observational research.

Recognize different types of research methods (survey, archival).

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Definitions:

Forrester Research

An American market research company that provides advice on existing and potential impact of technology.