Answer:
The cost per machine will be $1,560.
Explanation:
Cost of materials is given at $18,000.
The cost of direct labor is $9000.
The manufacturing overhead cost is $6000.
Beginning work in process is $15,000.
The ending balance is $9000.
The number of machines completed is 25.
The total cost of making machines will be
=Cost of materials +cost of direct labor+ manufacturing overhead cost+Beginning work in process-ending work in process
=$(18000+9000+6000+15000-9000)
=$39,000
The cost per machine will be
=Total cost of making machines /number of machines
=$39,000/25
=$1,560
Answer:
(B) Advice the production and purchasing department to produce or order smaller quantities of products.
Explanation:
According to my research on basic economics and business owning I can say that the best thing for Georgia to do in this situation in order to help her company become more value driven is to Advice the production and purchasing department to produce or order smaller quantities of products. This is because since product is not selling fast enough they should sell what they already have before producing more, otherwise they will be wasting money on products which will eventually cause them to be overflowing stock. Thus losing money.
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Complete question
(1) ...In this message, the___organizatipn pattern is used.
(2) Which of the following will help youcreate a more effective outline?Check all that apply.
a) Put the main idea in the title,
b) Use one sub-point per main idea,
c) Use evidence to support sub-points,
d) Include 3 to 5 major components,
e) Combine subpoints whenever possible,
f) Avoid illustrations when supporting subpoints
<u>Answer</u>:
<u>1. indirect organizational pattern</u>
<u>2. a, c, d</u>
<u>Explanation</u>:
1. Since the nagative information was placed at the end of the message it follows an Indirect message pattern inorder to minimise negative feelings by the listeners.
2. A more effective outline is created when the main idea of the message is placed in the title, while also using supporting evidence to discuss the sub-points. And finally limiting the use of illustrations when supporting subpoints.
Answer:
Explanation:
The journal entry for recording the cost of merchandise sold is shown below:
Cost of goods sold A/c Dr $213
To Merchandise Inventory A/c $213
(Being cost of merchandise inventory is recorded)
In this question, we record the cost, not the sale value. That's why we consider $213, not $440 amount
Answer:
See the explanation below for the basic EPS and diluted EPS
Explanation:
To calculate EPS we use the earnings of the company adjusted for any income for preferential shareholders. In this case there is no preference shareholders. Thus income attributable to ordinary shareholders is $ 420 000 (net income)
Average outstanding shares for BASIC eps calculation is 1500 000 shares.
BASIC EPS = 420/1500
= $ 0,28 per ordinary share
When calculating diluted EPS we include instruments that can potentially increase the number of shares and dilute net income. Thus we will include the 60,000 shares to executives that have a three year condition attached to them.
Diluted EPS = 420/(1500+60)
= $0,269