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3 years ago

What is the formula used to calculate total profit?

1 answer:

8 0

Calculate the total revenue. Add up the cost of all goods. Subtract the cost of goods from the total revenue. Hope this helped.

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Which of the following is an example of a social career?

hichkok12 [17]

Nurse is an example of that

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3 years ago

Able, on behalf of Pix Corp., entered into a contract with Sky Corp., by which Sky agreed to sell computer equipment to Pix. Abl

Ludmilka [50]

Answer:

D) Pix must have knowledge of all material facts relating

Explanation:

If the contract is beneficial for Pix, then they will want to ratify it. Unless Sky is aware that Able was not authorized to sign contracts on behalf of Pix, they probably wouldn't even tell them about what really happened. Although, Pix will want to know all material facts relating to the contract at the time it is ratified in order to verify if it is really good for them.

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3 years ago

For which expense do state governments provide financial help to their local governments?

jeka94

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3 years ago

Read 2 more answers

A company uses the weighted-average method for inventory costing. At the end of the period, 22,000 units were in the ending Work

ExtremeBDS [4]

Answer:

a.The ending work in process inventory is $ 146,575

Explanation:

To determine the ending work in process inventory, we need to do the following computations:

No of units in ending inventory 22,000 units

Material cost in ending inventory

22,000 units * 100 % (completion) * $ 2.65 $ 58,300

Conversion costs in ending inventory

22,000 units * 75 % (completion) * $ 5.35 $ 88,275

Total value of Ending work in process inventory $ 146,575

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3 years ago

The manufacturing overhead budget of Paparella Corporation is based on budgeted direct labor-hours. The November direct labor bu

Andru [333]

Answer:

The answer for question A is $ 70,200

The answer for question B is $ 15.20

Explanation:

Budgeted direct labor hours = 6,000 hours

Variable overhead rate = $2.00

Variable manufacturing overheads = 6000 x $2 = $ 12,000

Fixed manufacturing overhead = $ 79,200

Total Manufacturing overheads = $ 91,200

Depreciation = $ 21,000

Cash disbursement of manufacturing overhead for November = total manufacturing overheads - Depreciation

= $91,200 - $ 21,000 = $ 70,200

From above, we have Total Manufacturing overheads = $ 91,200

Budgeted direct labor hours = 6,000 hours

Predetermined overhead rate for the month of November = Total Manufacturing overheads ÷ Budgeted direct labor hours

= $91,200 ÷ 6000 = $ 15.20

3 0

3 years ago