How to disable recruiting in NCAA 13

In May 2009, General Motors started closing 2,600 of its retail outlets and finally filed for bankruptcy in June. It emerged fro

harina [27]

Reorganization

Explanation:

Revamping may allude to the restoration of an organization's funds as per a liquidation. It can likewise allude to any procedure that influences the duty structure of an organization. Furthermore, revamping may allude to a merger or obtaining or offer of an organization that changes the proprietorship, stock, or lawful and the executive's structure.

The redesign is a conventional court-managed procedure of rebuilding an organization's funds after chapter 11. As per insolvency laws, explicitly Chapter 11, an organization is given security from lenders during the timespan when the organization proposes and a liquidation court audits and affirms a particular revamping plan. The rearrangement is planned to reimburse lenders to the most extreme degree conceivable and to rebuild the organization's accounts, the executives, and tasks to keep a similar issue from emerging once more.

8 0

3 years ago

The Nautical Corporation manufactures custom-made wood wall units. The following data pertains to Job X4A: Direct materials plac

Leokris [45]

Answer:

Total Cost of Job X4A: $

Direct material cost ($9,000 x 500 units) 4,500,000

Direct labour cost (300 hrs x $15 x 500 units ) 2,250,000

Overhead applied (100 hrs x $22.50 x 500 units) 1,125,000

Total cost 7,875,000

Explanation:

The total cost of Job X4A is the aggregate of direct material cost, direct labour cost and overhead applied. Overhead is absorbed on the basis of machine hours. Thus, we will multiply the overhead rate by machine hours and number of units produced.

7 0

3 years ago

Given the following data for Harder Company, compute cost of goods manufactured: Direct materials used $120,000 Beginning work i

il63 [147K]

Answer:

c. $480,000

Explanation:

Cost of goods manufactured $

Direct materials used 120,000

Direct labor 200,000

Manufacturing overhead 150,000

Beginning work in process 20,000

Ending work in process 10,000

Cost of goods manufactured 480,000

So, Correct option is c. $480,000

4 0

2 years ago

New Coffee Company, LLC uses JIT (just-in-time) logistical supply methods. This indicates that the company doesn't really keep l

Leona [35]

Answer:

B) Inventory turnover ratios

Explanation:

Inventory turnover measures how many times a business sells and replaces its merchandise or materials inventory during an accounting period, usually a year.

One of the basic goals of JIT is to lower the total inventories in a company, therefore increasing the inventory turnover ratio. This reduces the company's operating costs.

4 0

2 years ago

Production data: Pounds in process, May 1; materials 100% complete; conversion 90% complete 88,000 Pounds started into productio

Zarrin [17]

Answer:

1. materials = 569,000 units , conversion = 556,000 units

2. materials = $1.15 , conversion = $0.70

3. materials = $44,850 , conversion = $18,200 , total = $63,050

Explanation:

For this question, i will assume that the Weighted Average Cost Method is used since we do not have information on the specific method applied by this company.

Calculation of the equivalent units of production for materials and conversion.

1. Materials

Closing Work in Process (65,000 × 60%) = 39,000

Completed and Transferred to Finished Goods = 530,000

Equivalent units of production for materials = 569,000

2. Conversion Costs

Closing Work in Process (65,000 × 40%) = 26,000

Completed and Transferred to Finished Goods = 530,000

Equivalent units of production for materials = 556,000

Calculation of the cost per equivalent unit for materials and conversion

Remember :

Cost per equivalent unit = Total Costs ÷ Total Equivalent units

therefore,

1. Materials

Cost per equivalent unit = ($ 106,000 + $ 551,120) ÷ 569,000

= $1.15

2. Conversion Costs

Cost per equivalent unit = ($ 59,700 + $ 328,230) ÷ 556,000

= $0.70

Calculation of the cost of ending work in process inventory for materials, conversion, and in total

Materials ($1.15 × 39,000) = $44,850

Conversion Costs ($0.70 × 26,000) = $18,200

Total cost of ending work in process = $63,050

3 0

3 years ago