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grin007 [14]
3 years ago
15

Which of the following terms refers to the cost of changing direct materials into a finished manufactured product? a.factory ove

rhead cost b.conversion cost c.direct labor cost d.period cost
Business
1 answer:
PIT_PIT [208]3 years ago
3 0

Answer:

The correct answer is option b.

Explanation:

The conversion cost can be defined as the cost incurred in converting direct materials into finished products. It includes direct labor costs and manufacturing overhead costs.

In other words, it is the production cost reducing the cost of direct materials.

It is the cost involved in transforming raw materials into finished products, however, it does not include the cost of raw materials.

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oee [108]
The answer to this question is: Q
Many business use the word Queque to indicate a wating line. The word first originated from a programming language.
The word is used to describe the task that must be processed after the data that is currently processed is finished, and many businesses adopt this word after it got popular.
7 0
3 years ago
A company sold $12,000 worth of bicycles with an extended warranty. it estimates that 2% of these sales will result in warranty
Otrada [13]
I think the answer for your question you have to divide then you get 6,000
7 0
3 years ago
A winning formula for many Answer E: Luxury brands is craftsmanship, heritage, authenticity, and history, often critical to just
Fittoniya [83]

Correct question:

A winning formula for many ________ brands is craftsmanship, heritage, authenticity, and history, often critical to justifying a sometimes extravagant price.

A) design

B) non durable

C) durable

D) ingredient

E) luxury

Answer:

E, luxury

Explanation:

When a product is being purchased irrespective of it price, the manufacturer is said to have found a winning formula.

from the above question, a luxury item that is authentic with an history behind it as well as exccellenct craftsmanship amongst other things ensure that the item is continually sold no matter what price it is.

Cheers.

4 0
3 years ago
On December 31, 2020, Lemmon Company issued 20,000 shares of its common stock with a fair value of $50 per share for all of the
Phantasy [73]

Answer:

$1,002,000

Explanation:

The costs incurred on the share for share exchange include the fair value per share ,issue costs,direct cost as well as contingent consideration(consideration based on the acquired business performance.

However,the costs eligible to be recorded as investment upon acquisition are the fair value per share and the contingent obligation as shown below:

Fair value (entire shares) $50*20,000=$1,000,000

fair value of potential obligation           =$2000

total value of investment                        $1,002,000

The issue costs and direct should be expensed immediately.

5 0
3 years ago
Sammy's Pizza had the following financial information for the year as follows ($ in millions):
daser333 [38]

Answer:

Net Cash flow from Investing activities -$1,900

Explanation:

Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash

Cash flow from Investing activities  

Purchase equipment - $5,400

Sale of land $3,500

Net Cash flow from Investing activities -$1,900

All other transactions are related to the operating and financing activities. Hence ignored it

7 0
3 years ago
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