Reynolds Manufacturers Inc. has estimated total factory overhead costs of $95,000 and expected
direct labor hours of 9,500 for the current fiscal year. If job number 117 incurs 2,300 direct labor
hours, Work in Process will be debited and Factory Overhead will be credited for
a. $21,850
b. $2,300
c. $95,000
d. $23,000 (95,000/9500) = 10 (10 * 2300) = 23,000

If you were running a company, what are at least two things you could do to improve its productivity.

Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside 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: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

Imagine you own an established startup with growing profits. you are looking for funding to greatly expand company operations. what method of financing would be best for you?