All categories

3 years ago

Farron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Business

1 answer:

photoshop1234 [79]3 years ago

5 0

Answer:

Unit product cost= $84

Explanation:

Giving the following information:

Units produced 8,700

Direct materials $13

Direct labor $55

Variable manufacturing overhead $1

Fixed manufacturing overhead $130,500

The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

Unitary fixed overhead= 130,500/8,700= $15

Unit product cost= 13 + 55 + 1 + 15= $84

You might be interested in

When the allowance method of recognizing bad debt expense is used, the entries at the time of collection of a small account prev

BigorU [14]

Answer:

Increase the allowance for doubtful accounts.

Explanation:

It would increase the allowance for doubtful accounts because, if you determine the necessary journal entries for reestablishment and to collect the account receivables, what we get is depicted below:

Reestablishment entry:

Account receivables = xx

Doubtful accounts allowance = xx

On the other hand, we get the record collection entry:

Record Collection Entry:

Cash = xx

Accounts receivable = xx

From the above, the net effect is simply an increase in current asset account; CASH, and a corresponding increase in the allowance for doubtful accounts.

4 0

3 years ago

Which of these are careers in the travel and Tourism pathway?check all that apply.

lyudmila [28]

Answer: 1 2 7 8

Explanation: plz mark me as brainiest im begging

3 0

3 years ago

4. the interest is computed on the principal and also on the accumulated past interests.

torisob [31]

Answer:

d. compound interest

Explanation:

Compound interest basically means that previously earned interests will earn interests on their own. For example, you invest $100 and receive a 5% yield. At the end of year 1 you will have $105. At the end of year 2 you will have $105 x 1.05 = $110.25. The $5 in interests previously earned during year 1 will earn $0.25 interest during year 2.

8 0

3 years ago

You are evaluating the balance sheet for Goodman's Bees Corporation. From the balance sheet you find the following balances: cas

Triss [41]

Answer:

The correct answer is $1,800,000.

Explanation:

According to the scenario, the computation of the given data are as follows:

Net working Capital = Current Assets - Current Liabilities

Where,

Current Assets = cash and marketable securities + accounts receivable + inventory

Current Assets = $400,000 + $1,200,000 + $2,100,000 = $3,700,000

And Current Liabilities = accrued wages and taxes + accounts payable + notes payable

Current Liabilities = $500,000 + $800,000 + $600,000 = $1,900,000

So, Net Working Capital = $3,700,000 - $1,900,000

= $1,800,000

8 0

3 years ago

A country whose consumers are less likely to purchase nonessential products because they have a low per-capita income is conside

Lady bird [3.3K]

It should be noted that a country whose consumers are less likely to purchase nonessential products because they have a low per-capita income is considered to be Less developed country.

<h3>What is a Less developed country?</h3>

Less developed country can be regarded as this countries that have low per-capita income.

Most of the time , their consumers are less likely to purchase nonessential products.

Learn more about Less developed country at:

brainly.com/question/13171394

6 0

3 years ago