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tigry1 [53]
2 years ago
11

What does the net income tell the

Business
1 answer:
Gwar [14]2 years ago
8 0

Answer:

A

Explanation:

..........................

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An increase in the demand for a good is represented by:
Oksanka [162]

2. A right shift to a new demand curve
3 0
3 years ago
Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below. Indicate the missing amoun
ohaa [14]

Answer and Explanation:

As per the given question the solution of missing amount for each letter is provided below:-

                                           Case A           Case B

Direct material used        a $49,350      $93,400

Direct Labor                      $56,000          $146,100

Manufacturing overhead

applied                              $44,800         d $116,880

Total manufacturing

cost                                 $150,150           e $356,380

Work in process 1/1/20  b $55,750        $16,800

Total cost of work in

process                         $205,900         f $373,180

Work in process

12/31/20                       c $11,600          $15,400

Cost of goods

manufactured              $194,300            g $357,780

Working Note

a. Direct materials used = Total manufacturing costs - Manufacturing overhead applied - Direct labor

= $150,150 - ($56,000 + $44,800)

= $150,150 - $100,800

= $49,350

b. Works in process 1/1/20 = Total cost of works in process - Total manufacturing costs

= $205,900 - $150,150

= $55,750

c. Works in process 12/31/20   = Total cost of works in process - Cost of goods manufactured

= $205,900 - $194,300

= $11,600

d. Manufacturing overhead applied = $44,800 ÷ $56,000

= 80%

For case B the manufacturing overhead applied = 80% × $146,100

= $116,880

e. Total manufacturing costs = Direct materials used + Direct Labor + Manufacturing overhead applied

= $93,400 + $146,100 + $116,880

= $356,380

f. Total cost of work in process = Total manufacturing costs + Works in process 1/1/20

= $356,380 + $16,800

= $373,180

g.  Cost of goods manufactured = Total cost of work in process - Works in process 31/12/20

= $373,180 - $15,400

= $357,780

Therefore to reach the missing amounts we simply use the working notes.

8 0
3 years ago
Suppose the manager of an ice cream store is trying to forecast the pounds of ice cream that they will sell based on what they h
disa [49]

Based on the information give your forecast for period 7 is 40.

<h3>Forecast for period 7</h3>

Given:

Time-series trend equation=25.3+2.1x

Period=7

Let x present period 7

Hence:

Forecast for period 7 =25.3 +2.1(7)

Forecast for period 7 =25.3 +14.7

Forecast for period 7 =40

Inconclusion your forecast for period 7 is 40.

Learn more about forecast here:brainly.com/question/24730207

6 0
2 years ago
Patrick's lease is ending soon, and he wants to rent at a different apartment complex. He
Komok [63]

Answer:

The Fair credit reporting act

Explanation:

4 0
3 years ago
Read 2 more answers
which of the following countries had the highest per capita GDP in 2013? Iran, Malaysia, Poland, Turkey
Mazyrski [523]

Answer: Poland

Among the four countries, Iran, Malaysia, Poland and Turkey, Poland had the highest per capita GDP in 2013 and ranked 61st with $21,00 per capita GDP.  Malaysia ranked 74th at $16,900. Turkey ranked 85th at $15,000 and Iran ranked 97th at $13,100.


7 0
3 years ago
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