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Lion, Inc. estimated the following production cost for 1,000…
Lion, Inc. estimated the following production cost for 1,000 units of product for job 588: Direct materials: 600 pounds at $4 per pound = $2,100 Direct labor: 2,000 hours at $10 per hour = $20,000 Manufacturing overhead: ($72,000 estimated for the year divided by 6,000 estimated machine hours = $12.00 per machine hour): 1,500 hours at $12.00 per machine hour = $18,000 Lion, Inc. incurred the following actual costs for job 588: Direct materials: 620 pounds at $3.75 per pound = $2,325 Direct labor: 1,970 hours at $9.80 per hour = $19,306 Manufacturing overhead: $70,875 actual for the year; 6,300 actual machine hours; 1,460 actual machine hours used on job 588 Using standard costing, enter the total product cost for the job in the space below. Round your answer to the nearest dollar. Enter your answer as a number with no decimal places and no dollar ($) sign. You may enter the number with or without the comma separator (e.g., 25,131 or 25131).
Lion, Inc. estimated the following production cost for 1,000…
Questions
Liоn, Inc. estimаted the fоllоwing production cost for 1,000 units of product for job 588: Direct mаteriаls: 600 pounds at $4 per pound = $2,100 Direct labor: 2,000 hours at $10 per hour = $20,000 Manufacturing overhead: ($72,000 estimated for the year divided by 6,000 estimated machine hours = $12.00 per machine hour): 1,500 hours at $12.00 per machine hour = $18,000 Lion, Inc. incurred the following actual costs for job 588: Direct materials: 620 pounds at $3.75 per pound = $2,325 Direct labor: 1,970 hours at $9.80 per hour = $19,306 Manufacturing overhead: $70,875 actual for the year; 6,300 actual machine hours; 1,460 actual machine hours used on job 588 Using standard costing, enter the total product cost for the job in the space below. Round your answer to the nearest dollar. Enter your answer as a number with no decimal places and no dollar ($) sign. You may enter the number with or without the comma separator (e.g., 25,131 or 25131).
Which оf the fоllоwing is а chаrаcteristic and trait of effective leaders?