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3 years ago

Blue Company reports the following costs and expenses in May.

Business

1 answer:

Inessa [10]3 years ago

7 0

Answer:

(a) Manufacturing overhead = $176,700

(b) Product costs = $390,400

(c) Period costs = $72,390

Explanation:

a. The computation of the manufacturing overhead is shown below:

= Factory utilities + Depreciation on factory equipment + Property taxes on factory building + Indirect factory labor + Indirect materials + Factory repairs+ Factory manager salary

= $17,000 + $13,950 + $2,600 + $49,900 + $82,600 + $2,350 + $8,300

= $176,700

b. The computation of the product cost is shown below:

= Direct materials used + Direct labor + manufacturing overhead

= $141,700 + $72,000+ $176,700

= $390,400

c. The computation of the period cost is shown below:

= Sales salaries + Depreciation on delivery trucks + Repairs to office equipment + Advertising + Office supplies used

= $47,500 + $4,700 + $1,900 + $15,500 + $2,790

= $72,390

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Brian is a manager at a clothing store. He spends most of his time in the store with his employees, making sure they work their

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Answer:

First line manager

Explanation:

First line managers are the lowest forms of managers in an organizational structure. They are the managers that deals with employees directly. They operate their departments by assigning work to the employees and monitoring their actions. In this case, the activities of Brian which included making sure they work their scheduled hours, watching them interact with customers and so on indicates that he is a First-Level Manager.

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2 years ago

Fifteen percent of the students in a school of Business Administration are majoring in Economics, 20% in Finance, 35% in Managem

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3 years ago

A firms total cost function is: TC= 500 + 150q - 20q2 + q3 what is the dollar value at the minimum of the average variable cost

Pavlova-9 [17]

Answer:

the correct answer is $150

Explanation:

TC=500 + 150q - 20q^2 + q^3

AVC=(150Q-20Q^2+Q^3)/Q

=150-20Q+Q^2

When AVC is at its minimum means that the marginal cost( CM) is igual to AVC, so we could consider this analysis:

CM= d(TC)/dq =150-40Q+3Q^2

CM=AVC

150-40Q+3Q^2=150-20Q+Q^2

Join similar terms:

150-150-40Q+20Q+3Q^2-Q^2=0

0-20Q+2Q^2=0

Q(-20+2Q)=0

Q_1=0 y Q_2=20/2=10

with q_1 with q_2

150-40*0+3*0=150-20*0+0 150-40*10+3*10^2=150-20*10+10^2

$150=$150 150-400+300 =150-200+100

$50= $ 50

We have two solution if we assume that q=0 like the minimum then the results is $150.

f we assume that q=10 like the minimum then the results is $50.

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3 years ago

Hat's accounting records showed the following:

levacccp [35]

Answer:

D. $55,000

Explanation:

Sales = 250,000

Gross Profit = 250,000 x 40% = 100,000

Cost of goods sold = 250,000 - 100,000 = 150,000

Cost of good sold = Opening Inventory + Purchases - Closing Inventory

150,000 = 35,000 + 200,000 - Closing Inventory

150,000 = 235,000 - Closing Inventory

Closing Inventory = 235,000 - 150,000

Closing Inventory = 85,000

Inventory damaged by flood = 85,000 - 30,000 = 55,000

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3 years ago

Company Z understands that their business is at risk. How can they use step two in the Decision-Making Process to reach their en

jok3333 [9.3K]

Answer:

I have no clue

Explanation:

I need to answer something bc I'm new sorry

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2 years ago