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In a job-order accounting situation, assume that there are 45,000 of charges to a given...

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Accounting

  1. In a job-order accounting situation, assume that there are 45,000 of charges to a given job consisting of $10,000 direct labor, $25,000 materials, and $10,000 applied overhead. The job yields 500 units of a product of which 100 are rejected as spoiled with no salvage value. The cost of the spoilage is determined to be $9,000. If the firm wishes to use this job as the basis for setting a spoilage standard for comparison to future work, the conceptually superior way to express the spoilage rate would be
    1. 25% of good outputs
    2. 36% of material inputs
    1. 90% of labor inputs
    2. 20% of total inputs

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