1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
timurjin [86]
3 years ago
13

A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera

tions:
Selling price $ 121
Units in beginning inventory 0
Units produced 6,000
Units sold 5,600
Units in ending inventory 400

Variable costs per unit:
Direct materials $ 38
Direct labor $ 53
Variable manufacturing overhead $ 3
Variable selling and administrative expense $ 11

Fixed costs:
Fixed manufacturing overhead $ 60,000
Fixed selling and administrative expense $ 28,000

What is the total period cost for the month under variable costing?

A) $149,600
B) $60,000
C) $88,000
D) $89,600
Business
1 answer:
wolverine [178]3 years ago
6 0

Answer:

C) $88,000

Explanation:

period cost: cost which cannot be capitalize through inventory or other assets.

Under variable cost, the fixed cost are treated as period cost.

Fixed costs:

Fixed manufacturing overhead $ 60,000

Fixed selling and administrative expense $ 28,000

You might be interested in
Viral marketing messages have a higher chance of being opened because they come from a _____________.
sleet_krkn [62]
When it comes from a friend, these viral marketing messages could yield to a much higher chance of being opened and exposed. By definition, a viral marketing is a common method used in the marketing industry wherein the company would request people, mostly in social media, to share their products.
7 0
4 years ago
Crane Company distributes to consumers coupons which may be presented (on or before a stated expiration date) to grocers for dis
777dan777 [17]

Answer:

Liability of un-redeemed coupons Pending on December 31, 2018 is $60,000

Explanation:

Coupon already expired issued on Jan 01, 2018      

Coupon issued on 07/01/2018                                 <u>$830,000</u>

Estimated redeemable coupon value - 50%           $415,000

($830,000 * 50%)

Less : Disbursed                                                        <u>$355,000</u>

Liability pending on Dec. 31, 2018                         <u>$60,000</u>

4 0
3 years ago
Suppose the economies of China and India have begun to slow down very rapidly. Based on this scenario
bazaltina [42]

Answer:

The correct answer is C

Explanation:

Economies means the state of the region or the country in relation to the consumption and the production of the services and the goods and also the supply of the money.

If the economies of the India and the China, will be slow down, then the loanable funds as well as the interest rates will increase because the money for liquidity will be negligible which lead to competition among using the money for personal consumption or to delay the consumption through lending the money out.

6 0
3 years ago
Janson Corporation Co.'s trial balance included the following account balances at December 31, 2021: Accounts receivable $14,000
11111nata11111 [884]

Answer:

$88,450 should be included in the current assets section of Janson’s December 31, 2021, balance sheet

Explanation:

Current Assets: The current assets are those assets which are converted into cash within one year.

Examples - Accounts receivable, inventory, prepaid insurance, cash, etc.

The computation of the total current assets is shown below:

= Accounts receivable + Inventory + Prepaid insurance + Short term investment

= $14,000 + $40,000 + $3,650 + $30,800

= $88,450

The amount of prepaid insurance which is given in the question is for two years. We have to compute for one year so we divide the total amount by number of years

= $7,300 ÷ 2 years

= $3,650

6 0
4 years ago
Which pharmaceuticals company has decided to expand its vaccine business in the United Kingdom with an investment of £240 millio
Volgvan

Answer:

Which pharmaceuticals company has decided to expand its vaccine business in the United Kingdom with an investment of £240 million?

answer= B.) Serum Institute of India

4 0
2 years ago
Read 2 more answers
Other questions:
  • Select the correct answer. Kendra is introducing a new range of products in a display at the store where she is the manager. She
    6·1 answer
  • Pollution caused by candles isn't taken into account.Quality improvements as a source of well-being are ignored.GDP doesn't capt
    14·1 answer
  • The prepaid insurance account had a beginning balance of $6,600 and was debited for $2,300 for premiums paid during the year. Jo
    9·1 answer
  • Jonathan is the CEO of a cell phone manufacturing company. At the company's Annual General Meeting, he made an announcement to t
    9·1 answer
  • What does a higher accounts receivable turnover ratio indicate? A) the company collects its short-term debts efficiently. B) com
    9·1 answer
  • One line for mother. ​
    6·1 answer
  • AT&amp;T 10-year, $1,000 par value bond is selling at $1,158.91. Interest on this bond is paid semiannually.
    6·1 answer
  • The Reuschel Company began 2018 with inventory of 21,000 units at a cost of $8 per unit. During 2018, 61,000 units were purchase
    10·1 answer
  • . Which one of the following applies to a general partnership?A. The firm's operations must be controlled by a single partner.B.
    12·1 answer
  • stimulating demand. creating awareness. identifying prospects. combating competitive promotional efforts. retaining loyal custom
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!