The company uses the weighted-average method of process costing. At the beginning of the month, the forming department has 26,000 units in inventory, 70% complete as to materials and 30% complete as to conversion costs. ... Units completed in the forming department are transferred to the painting department.
Answer:
Place, where the consumer/customer can go when making a purchase on a product.
Explanation:
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Their average wholesale price can be said to be competitive if it is below the all-company average wholesale price in that geographic region.
<h3>When is a price considered competitive?</h3>
- It means that the price is better than others in the market for a certain good or services.
- It is lower than the average price offered by other sellers.
The company is therefore charging a lower than average price which is why it is competitive with others because they will be forced to lower prices to maintain sales.
In conclusion, option A is correct.
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Answer:
Total Manufacturing cost per unit is $53
Explanation:
Manufacturing cost is the cost used to manufacture a product, both direct and indirect cost incurred in manufacturing process are included. It is the total value of material cost, labor cost and overhead cost.
Direct Material Cost = $18
Direct Labor cost = $5 per hour
Manufacturing overhead applied = $13 per unit
Total Activity rate = $30
Activity based costing is the method of allocation of overhead to the products / department / projects on the basis of uses of activity by each one.As we know that calculating an activity rate which is similar to predetermined overhead rate.
Total Manufacturing Cost = Direct material cost + Direct Labor cost + Manufacturing overhead cost
As we know that calculating an activity rate which is similar to predetermined overhead rate. so the activity rate will be used for overhead expense.
Total Manufacturing Cost = $18 + $5 + $30 = $53 per unit
Answer:
Cash donations to public charities are limited to % of a taxpayer's AGI? Cash donations can be deducted to a maximum of 60% of your AGI.
Donations of capital gain property to public charities are generally limited to % of a taxpayer's AGI? If you hold the assets (whether stock or property) for more than one year, donations can be deducted (at fair market value) to a maximum of 30% of your AGI.
Donations of certain capital gain property to private non operating foundations are limited to % of AGI? When you donate short term capital gain property to private non operating foundations you can deduct up to 30% of your AGI.
