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
Anarel [89]
2 years ago
5

Froya Fabrikker A/S of Bergen, Norway, is a small company that manufactures specialty heavy equipment for use in North Sea oil f

ields. The company uses a job-order costing system that applies manufacturing overhead cost to jobs on the basis of direct labor-hours. Its predetermined overhead rate was based on a cost formula that estimated $360,000 of manufacturing overhead for an estimated allocation base of 900 direct labor-hours. The following transactions took place during the year:
Business
1 answer:
Anna11 [10]2 years ago
7 0

The company uses a job-order costing system that applies manufacturing overhead cost to jobs on the basis of direct labor-hours

<h3>What is manufacturing?</h3>

Manufacturing is the process of creating or producing goods using equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the economy's secondary sector.

The Manufacturing Principles are a set of elements shared by all manufacturing industries that revolve around the concepts of flow and variation. These principles have emerged as a result of close collaboration with the manufacturing industries at both the research and operational levels.

API production entails a wide range of complex chemical or biological processes. API synthesis from raw materials necessitates multi-step procedures involving a variety of high-tech processing technologies.

To know more about manufacturing follow the link:

brainly.com/question/26320301

#SPJ4

You might be interested in
The resources in the input market come from
Yuki888 [10]

Answer:

D

Explanation:

4 0
3 years ago
Leker exchanged real property that was used exclusively for business and had an adjusted tax basis of $20,000 for new real prope
goldfiish [28.3K]

Answer:

$17,000

Explanation:

Leker's Old Property Adjusted Tax Basis = $20,000

To calculate the new basis, subtract the $3000 recieved in cash from the new property.

New Tax Basis; $20,000-$3,000= $17,000

The transaction of Leker to exchange a real property for another led to a loss: Meaning a Property of $20,000 was exchanged for a property of $10,000+ $3,000 (cash)= $13,000

The Loss on the transaction= $20,000- $13,000= $7,000

Due to the loss no gain is recognized and the $3000 will reduce the basis for his new asset.

6 0
3 years ago
When you do a job that needs to be done without being told, you demonstrate _____.
yKpoI14uk [10]
THE ANSWER IS .....
      B.INITIATIVE
5 0
3 years ago
Danny "dimes" donahue is a neighborhood's 9-year-old entrepreneur. his most recent venture is selling homemade brownies that he
skelet666 [1.2K]

Answer:

A) Price elasticity of demand = 8

B) PED is elastic

C) increase Danny's total revenue

Explanation:

we can calculate the price elasticity of demand using the formula:

PED = % change in quantity demanded / % change in price = [(300 - 100) / 100] / [(1.5 - 2) / 2] = (200 / 100) / (-0.5 / 2) = 2 / 0.25 = 8

if the PED is the same when the price decreases from $1 to $0.50, total revenue will    :

  • when price = $1.50, total revenue = $1.50 x 300 = $450
  • when price = $1, total revenue = $1 x 1,100 = $1,100

*a 33.33% decrease in the price will cause a 266.6% increase (= 33.33% x 8) increase in the quantity demanded = 300 units + (300 x 266.6%) = 300 + 800 = 1,100 units

7 0
3 years ago
What is the first step in developing research-based business reports?
tatyana61 [14]

Answer: The first step in developing research-based business reports is identifying what decision makers want to accomplish.

Explanation: The establishment of the objective to be achieved is fundamental because it is what will guide the development of the commercial report.

6 0
3 years ago
Other questions:
  • Sheffield Corp. sells two types of computer hard drives. The sales mix is 30% (Q-Drive) and 70% (Q-Drive Plus). Q-Drive has vari
    15·1 answer
  • An entrepreneur has purchased a gym franchise and been very disappointed in the results. The franchise has not earned what the e
    9·1 answer
  • makes and sells tasty burritos for $8 per unit with a unit variable cost of $6. All sales are for cash and the variable costs ar
    10·1 answer
  • Drag each label to the correct location on the table. Match the examples to the types of assets they represent.
    6·1 answer
  • Gator Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $480,000, va
    9·1 answer
  • Consider an economy with two sectors: manufacturing and services. Demand for labor in manufacturing and services are described b
    10·1 answer
  • As part of a good Section 351 transaction Andy contributes his business with a basis of $200,000 in exchange for $300,000 worth
    12·1 answer
  • If offered employment by Amazon, would you be legally eligible to begin employment immediately?
    14·1 answer
  • The following table shows a portion of a three-year amortization schedule. A 3-year amortization schedule. The loan amount or pr
    5·1 answer
  • One of the disadvantages of investing in real estate is A) investors need expert help. B) pyramiding. C) equity buildup. D) leve
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!