If you have contacted a seller to report a problem with a product and you were ignored, what should you do next?

Finished goods inventory is $182,000. If overhead applied to these goods is $75,000, and the overhead rate is 120% of direct lab

Sedaia [141]

Answer:Direct Material cost To the nearest whole dollar becomes $45,000

Explanation:

Given that Total cost in the finished goods inventory = $182,000

Total cost = Direct Material cost + Direct Labor cost + Overhead rate cost

But Overhead rate cost = 120% of labor cost

Since Over head cost = $75,000

Direct labor cost = $75,000/ 120%=$62,500

Total cost = Direct Material cost + Direct Labor cost + Overhead rate cost

$182,000 = Direct Material cost+ $62,500+ $75,000

Direct Material cost = $182,000 - ( 62,500+75,000)

Direct Material cost = $182,000 -$137,500

Direct Material cost = $44,500

To the nearest whole dollar becomes $45,000

8 0

3 years ago

Wyler, Inc. had beginning retained earnings of $ 115 comma 000 on January 1, 2018. During the year, Wyler declared and paid $

ira [324]

Answer:

$

Net income 100,000

Less: Dividend paid 70,000

Retained earnings for the year 30,000

Statement of Retained earnings for the year ended December 31, 2018

$

Retained earnings on January 1, 2018 115,000

Add: Retained earnings for the year 30,000

Retained earnings at December 31,2018 145,000

Explanation:

In this case, we need to calculate the retained earnings for the year, which is net income minus dividend paid. Then, we will add the retained earnings for the year to retained earnings at the beginning of the year. This gives the retained earnings at the end of the year.

8 0

4 years ago

The author of article "The Pentagon’s Virtuous Insurgency" asserts that there are four key takeaways from the conference discuss

r-ruslan [8.4K]

Answer and explanation:

Here is one of the key notes,

Even the Department of Defense recognizes that getting things done quickly now requires working around the system.

From the article it was stated that bureaucratic processes are agonizingly slow and this problem is being addressed by new defense department organization. These two organizations are the Defense Digital Service and Defense Innovation Unit Experimental.

5 0

4 years ago

Juan a research assistant in a law firm needs a classified case file from a detective agency, which type of persuasive message s

Leto [7]

Answer:

d

Explanation:

3 0

3 years ago

Fitness Bands Corporation gathered the following information for Job #928: Standard Total Cost Actual Total Cost Direct materia

Eduardwww [97]

Question:

standard total cost Actual total cost

Direct material

Standard 2000 pints $3.50/pint $7,000

Actual 2,500 pints $5.00/pint $12,000

Answer:

Materials quantity variance= $1,750 unfavorable

Explanation:

Material quantity variance occurs when the actual quantity used to achieved a given level of output is more or less than the standard quantity.

It is determined by the difference between the actual and standard quantity of material for the actual level of output multiplied by the the standard price

pints

Standard quantity allowed 2,000

Actual quantity used 2,500

Quantity variance 500 unfavorable

Standard price $3.50

Materials quantity variance 1,750 unfavorable

Materials quantity variance= $1,750 unfavorable

8 0

3 years ago