Answer:
The total product cost is $98,230
Explanation:
The product cost is that cost which is related to the manufacturing of a product
The computation of the total product cost is shown below:
= Direct labor + Metal to make the exterior shell of the washing machines + Electricity to run the machinery in the factory + Salary of the manager who oversees the manufacturing
= $20,906 + $50,181 + $18,939 + $8,204
= $98,230
So, this cost which are considered in the computation part is product cost and the rest cost are ignored.
Answer:
At the end of the first year, Borge should report unamortized bond discount of a. $169,470.
Explanation:
Solution:
Interest amount =
($2,817,000 * 0.09) - ($3,000,000 * 0.08)
=$13,530
Bond Disc. Amount; ($3,000,000 - $2,817,000) - $13,530
= $183,000 - $13,530
= $169,470
Answer:
$156,000
Explanation:
Calculation to determine what The number of shares to be used in computing diluted earnings per share for the quarter is:
First step is to calculate the Net effect
Net effect=$27,000*$7/ $9 = $21,000
Net effect=$27,000k - $21,000
Net effect=$6,000
Now let calculate The number of shares to be used in computing diluted earnings per share for the quarter is
Numbers of shares =150,000 + 6,000
Numbers of shares= 156,000
Diluted EPS= 25,000/ 156,000
Answer:
3) Social classes show distinct product preferences in areas such as clothing.
Explanation:
Individuals that belong to the same social class exhibit similar buying patterns, which are different than those exhibited by people belonging to other social classes.
Social class is defined by an individual's economic status and his/her social hierarchy which is based on social esteem, prestige and success. The main factor in determining the social class of an individual is wealth, but not all the people that possess a similar amount of wealth belong to the same social class.
American society is generally divided into 5 social classes: upper, upper-middle, middle, working and lower. Generally the people belonging to the upper social class possess large inherited wealth (old money), while new rich people belong to the upper-middle class even though they might have even more money.
