The writer is very fast, professional and responded to the review request fast also. Thank you.
JOB COSTING (QUICK EASY QUESTION) (TOOK ME ONLY 10 MINUTES TO DO)Janavee Construction applies all overhead to jobs on the basis of direct labor hours. This period, manufacturing overhead is budgeted to be $1,800,000, and direct labor hours are budgeted to be 90,000. Janavee pays direct labor $12/hour.Janavee bid on a job that it estimated would require $200,000 in direct materials and 10,000 direct labor hours. Janavee’s bidding policy is to add 50% to the estimated manufacturing cost of a job to cover operating expenses and produce a profit.Janavee won the bid and completed the job, whose total cost came in at 105% of projected cost. 7% of that cost was spent on construction that was ruined due to weather conditions and had to be rebuilt. This occurrence was considered a normal part of the construction process.1. How much did Janavee bid on the job?USE EXCEL TO ANSWER THIS. SHOW YOUR WORK BY INSERTING THE FORMULAS IN THE EXCEL WORKSHEET TO PRODUCE THE ANSWER. IF POSSIBLE I WOULD PREFER IF USER: dkhetan or USER: Asmalhotra or USER: Mmahajan or USER: rcbriones answered this question.
Janavee Construction Cost ScheduleDirect MaterialDirect Labor (10,000 hours at $12 per hour)Manufacturing overhead (10,000 hours at $20)Total Manufacturing costAdd: Profit Margin 50%Bid price…
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more