Playtime Industries manufactures custom-designed playground equipment for schools and city parks. Playtime expected to incur $ 586 comma 600 of manufacturing overhead cost, 41 comma 900 of direct labor hours, and $ 1 comma 592 comma 200 of direct labor cost during the year (the cost of direct labor is $38 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During May, Playtime completed Job 304. The job used 190 direct labor hours and required $ 14 comma 800 of direct materials. The City of Jonestown has contracted to purchase the playground equipment at a price of 28 % over manufacturing cost. Requirements:1. Calculate the manufacturing cost of Job 304.2. How much will the City of Jonestown pay for this playground equipment?

Should i run away or get a boyfriend and be loved again

Acompany sells garden hoses and uses the perpetual inventory system to account for its merchandise. the beginning balance of the inventory and its transactions during september were as follows:

Milden company has an exclusive franchise to purchase a product from the manufacturer and distribute it on the retail level. as an aid in planning, the company has decided to start using a contribution format income statement. to have data to prepare such a statement, the company has analyzed its expenses and has developed the following cost formulas: cost cost formula cost of good sold $35 per unit sold advertising expense $210,000 per quarter sales commissions 6% of sales shipping expense ? administrative salaries $145,000 per quarter insurance expense $9,000 per quarter depreciation expense $76,000 per quarter management has concluded that shipping expense is a mixed cost, containing both variable and fixed cost elements. units sold and the related shipping expense over the last eight quarters follow: quarter units sold shipping expense year 1: first 10,000 $ 119,000 second 16,000 $ 175,000 third 18,000 $ 190,000 fourth 15,000 $ 164,000 year 2: first 11,000 $ 130,000 second 17,000 $ 185,000 third 20,000 $ 210,000 fourth 13,000 $ 147,000 milden company’s president would like a cost formula derived for shipping expense so that a budgeted contribution format income statement can be prepared for the next quarter. required: 1. using the high-low method, estimate a cost formula for shipping expe