1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
CaHeK987 [17]
2 years ago
9

The two categories of cost comprising conversion costs are

Business
1 answer:
bekas [8.4K]2 years ago
3 0

Answer:

Explanation:

Direct labor and factory overhead

You might be interested in
The towns of Jekyll and Hyde each have a labor force of 2,000 people. In Jekyll, 500 people were unemployed for the entire year,
Gennadij [26K]

Answer:

Explanation:

The towns of Jekyll and Hyde each have a labor force of 2,000 people. In Jekyll, 500 people were unemployed for the entire year, while the rest of the labor force was employed continuously. In Hyde, every member of the labor force was unemployed for three months and was employed for nine months. The average duration of unemployment spells over the year was 12 months in Jekyll and 3 months in Hyde.

5 0
3 years ago
Global Communications has a 7 percent, semiannual coupon bond outstanding with a current market price of $1,023.46. The bond has
Alex787 [66]

Answer:

Years to Maturity = 12.53

Explanation:

Coupon Rate = 7.00%

Coupon Periods = 2

Perpetuity Value = 1,041.67

Price = 1,023.46

Discounted Perpetuity Value = 455.17

Yield to Maturity = 6.72%

Annuity Value = 586.49

Discounted Face Value = 436.97

Semiannual Coupon = 35.00

Price 1,023.46

Periods to Maturity = 25.05

Semiannual Yield = 3.36%

Years to Maturity = 12.53

3 0
3 years ago
White Company manufactures furniture. Assume the following information: Manufacturing overhead is allocated based on machine hou
Lorico [155]

Answer:

overhead rate: 15

applied overhead 30,000

underapplicatio for 1,000

Explanation:

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

The manufacturing overhead rate is determinate by dividingthe total expected cost  by a cost driver. In this case, the machine hours.

estimated cost 150,000

expected machine hours 10,000

predeterminate overhead rate = 150,000/10,000 = 15

Next, to allocate cost, we multiply the actual value fo the cost driver by the rate

actual machine hours x MO rate

2,000 x 15 = 30,000 applied overhead.

Last, we compare with the actual overhead to determinate over or underapplied overhead:

applied - actual

30,000  -  31,000  = -1,000

Thew overhead was underapplied, as the cost were for 31,000 but we only recognize 30,000

3 0
3 years ago
Noncash investing and financing activities may be disclosed in: Multiple Choice A note in the financial statements or a schedule
zhuklara [117]

Answer:

(A note in the financial statements or a schedule attached to the statement of cash flows.

Explanation:

Noncash investing and financing transactions do appear as a separate schedule on the statement of cash flows. They are are notable investing and financing activities that do not affect cash directly. The IFRS and US GAAP mandates companies to disclose all notable or significant non-cash investing and financing activities either at the bottom of the statement of cash flows usually in a form of a footnote or in the notes to the financial statements.

7 0
3 years ago
Select the best answer for the question.
ki77a [65]

D.Red blood cells contain a protein that binds with oxygen.

The protein is called Hemoglobin

6 0
3 years ago
Read 2 more answers
Other questions:
  • Dynamic Defenses Corporation is considering a project that will have fixed costs of $10,000,000. The product will be sold for $4
    9·1 answer
  • A statement of what a company brought in and paid out is called an
    10·1 answer
  • A registered representative (RR) is recommending to his client a newly issued debt security backed by the U.S. government with a
    13·1 answer
  • The Discount on Bonds Payable account is: A. A liability. B. A contra liability. C. A contra expense. D. An expense. E. A contra
    12·1 answer
  • Hagelin Co. wants to issue new 15-year bonds for some much-needed expansion projects. The company currently has 8 percent coupon
    13·1 answer
  • Integrated Masters Inc. (IMI) is presently operating at 80% of capacity and manufacturing 131,000 units of a patented electronic
    10·1 answer
  • What is export trade​
    8·2 answers
  • When a firm grows larger, many additional layers of managers are sometimes added that do not actually produce any output. At the
    6·1 answer
  • What is the acronym of MHA​
    14·2 answers
  • Describe one accountability issue of a business​
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!