Under eagle co.'s job order costing system, manufacturing overhead is applied to work-in-process using a predetermined annual overhead rate. during february, eagle's transactions included the following:

direct materials issued to production

$

96,000

indirect materials issued to production

14,000

manufacturing overhead incurred

131,000

manufacturing overhead applied

119,000

direct labor costs

113,000

eagle had neither beginning nor ending inventory in work-in-process inventory. what was the cost of jobs completed in february? (cpa adapted)

a. 340,000

b. 328,000

Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?

Why is accountability important in managing safety