Answer: Manufacturers follow four steps to implement a manufacturing overhead allocation system. The last step is to: " B. Allocate some manufacturing overhead to each individual job ".
Explanation: The steps to implement a manufacturing overhead allocation system are:
1) Obtain a detailed list of all general manufacturing costs.
2) Choose an allocation base (machine hours, direct labor hours) to divide the general factory costs by this allocation base and assign general costs to each production unit.
3) The total allocation base is divided by the units produced to know the amount of manufacturing overhead associated with each unit.
4)"B. Assign some general manufacturing expenses to each individual job." For example, product X requires 2 hours of work to produce it and product Y one hour, higher general manufacturing costs will be assigned to product X
Answer:
d) $228,000 outflow
Explanation:
Calculation for the amount that the salaries should be reflected in the analysis
Using this formula
Salaries=Salaries expense-(Salaries expense*Tax rate)
Let plug in the formula
Salaries=$380,000-($380,000*40%)
Salaries=$380,000-$152,000
Salaries=$228,000 Outflow
Therefore salaries should be reflected in the analysis by a: $228,000 outflow
<span>If profit per unit equals (price - cost per unit) and costs are temporarily fixed, then the aggregate supply curve will have a positive slope. From the equation that the profit per unit is equal to price minus by the cost per unit meaning that as prices rises and more output is produced. In doing so, as the effect of more output corresponding to an increase in price with a slope rising to the right depends on the response of the costs.</span>
Profitability
these extra words are added to pad my precise answer with additional words so there will be enough more words
Answer:
The correct answer is "$120,250".
Explanation:
The given values are:
Opening inventory
= $38,500
Closing inventory
= $15,250
Purchases
= $97,000
Now,
The cost of materials used during the month of February will be:
= Opening Inventory + Purchases - Closing Inventory
On putting the estimated values in the above formula, we get
= 
= 
($)
