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2 years ago

Tyare Corporation had the following inventory balances at the beginning and end of May:

Business

1 answer:

densk [106]2 years ago

8 0

Answer:

The correct answer is option (b) $5400

Explanation:

Solution

Calculation of the cost of direct material on May 1

Now,

The starting work In process inventory = Direct materials Cost + Direct labor Cost + Manufacturing overhead applied on W.I.P

13,500 = Direct materials cost + 4500 + 3600

Thus,

Direct material cost = 13500 - 4500-3600 = $5400

Note: Direct labor cost = 300 * 15 = $ 4500

The manufacturing overhead = 300 hour * $12 = $ 3600

So, only expenses associated to work in process will be considered, hence only direct labor and manufacturing overhead are used to work in process are considered.

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2 years ago

The new-product process stage of market testing involves which two items? Multiple select question. using realistic purchase con

larisa [96]

The new-product process stage of market testing involves two items -

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1 year ago

A catering company is producing at a point where its marginal costs are $25 and its fixed costs are $5000. At the current price

Kipish [7]

Answer:

The firm should shut down the production.

Explanation:

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2 years ago

All of the following are current focuses of ai research except? perception.cognitive surplus.knowledge representation.natural la

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5 months ago

If the price of jelly goes up by 10 percent, we observe a decrease in the quantity demanded of peanut butter of 20 percent. the

Sedaia [141]

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2 years ago