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marissa [1.9K]
3 years ago
5

Knappert Corporation makes one product and has provided the following information:

Business
1 answer:
Alex_Xolod [135]3 years ago
3 0

Answer:

$113.0

Explanation:

A. Cost of material (M):

M=3*5.00\\M=\$15.00\ per\ unit

B. Cost of Labor (L):

L=24*2.80\\L=\$67.20\ per\ unit

C. Manufacturing overhead (O):

O=11*2.80\\O=\$30.80\ per\ unit

D. Selling and administrative expense (S):

Those should not be included in the product cost.

Total cost per unit is:

U = M+L+O= 15.00+67.20+30.80\\U=\$113.00

The unit product cost is closest to: $113.00.

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Edie Manson worked the following schedule: Monday, 8 hours; Tuesday, 9 hours; Wednesday, 7 hours 48 minutes; Thursday, 8 hours;
melomori [17]

Answer:

hundredth = 40.48 which is 40.8

Quarter = 40.48 which is 40.75

Explanation:

The total number of hours worked in all days of the week for Manson is 40 hours 48 minutes.

In hudredth time the conversion of 40.48 equals 40.8 but in quarter time to round time to nearest quarter hour, we have to round the times within 7 minutes of a 15 minute mark to that 15 minutes.  Since 48 minutes are only 3 minutes more than 45 minutes, we round back to 45 minutes which is 0.75 in decimal.

Hence the hundredth hour timing is preferred for Edie Manson because it shows a higher time for hours worked and potentially more pay.

4 0
3 years ago
Only people who own property need insurance<br><br><br>true or false
MAVERICK [17]

Answer:

false

Explanation:

pretty sure that is false as one can have life insurance without property.

Still double check...

5 0
2 years ago
Madisun Company issued common stock for proceeds of $20,000 during 2020. The company paid dividends of $5,000. The company also
bogdanovich [222]

Answer:

Net cash flows from financing activities is $24,000

Explanation:

Cash flow from financing activities:

Proceeds from stock issue                      $20,000

Dividends                                                  ($5,000)

Sale of treasury stock                                $9,000

net cash flow from financing activities      $24,000

The issue of long-term note payable of $35,000 does not involve an actual movement of cash,hence has zero impact on the cash flow from financing activities.

The dividends payment has negative sign because it is an outflow of cash unlike others that cash inflows.

4 0
3 years ago
Which of the following statements is true?
Zinaida [17]

<u>Answer:</u>

<em>C) Actual investment includes unplanned inventory changes, but planned investment does not </em>

<em></em>

<u>Explanation:</u>

The total amount of investment consumptions attempted by a business during a timeframe consists of both arranged and impromptu costs of capital. The idea of pure speculation is a significant piece of Keynesian financial aspects and is utilized to decide the purpose of macroeconomic harmony, at which real venture equivalents arranged venture.

When moving toward interest in the securities exchange, there are two fundamental procedures utilized, principal investigation and specialized examination. Likewise, with any speculation technique, there are promoters and depreciators of each approach.

6 0
2 years ago
Identify each scenario as an example of expansionary fiscal policy, contractionary fiscal policy, or not an example of fiscal po
sdas [7]

According to macroeconomic theory and money supply in the economy, the scenario as an example of expansionary fiscal policy includes "<u>A decrease in taxes."</u>

Other scenarios as an example of expansionary fiscal policy include the following:

  • An increase in government spending;
  • An increase in corporate bonds purchased;
  • An increase in the money supply;

Expansionary fiscal policy is a type of policy designed to increase the money supply in the economy.

On the other hand, examples of contractionary fiscal policy include the following:

  • A decrease in government spending;
  • A decrease in transfer payments to dampen economic activity;
  • An increase in taxes;
  • A decrease in the money supply;

Contractionary fiscal policy is a type of policy designed to decrease the money supply in the economy.

However, the scenarios which are considered as not examples of fiscal policy include the following:

  • A decrease in the unemployment rate;

Hence, in this case, it is concluded that fiscal policy used by the government can either be expansionary or contractionary.

Learn more here: brainly.com/question/8936326

5 0
2 years ago
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