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nadya68 [22]
4 years ago
9

Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a s

upplier at a cost of $1.50 each. Shadee wants to have 30 closures on hand on May 1, 20 closures on May 31, and 25 closures on June 30 and variable manufacturing overhead is $1.25 per unit produced. Suppose that each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $9 per hour. Required: 1. Determine Shadee’s budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $2.) 2. Determine Shadee's budgeted cost of goods sold for May and June.
Business
1 answer:
Lyrx [107]4 years ago
7 0

Answer:

Part  1. Determine Shadee’s budgeted manufacturing cost per visor.

Direct Materials                                    4.00

Variable Manufacturing Overhead      1.25

Direct Labor (0.30 hours×$9.00)         2.70

Fixed Manufacturing Overhead          2.00

Budgeted manufacturing cost             9.95

Therefore Shadee’s budgeted manufacturing cost per visor is $9.95

Part 2. Determine Shadee's budgeted cost of goods sold for May and June.

                                                                             May              June

Opening Stock of Finished Goods                     0                      0

Add Manufacturing Cost of Finished Goods    9.95                9.95

Less Closing Stock of Finished Goods               0                     0

Cost of Goods Sold                                             9.95               9.95

Explanation:

Part  1. Determine Shadee’s budgeted manufacturing cost per visor.

Manufacturing cost per visor = Direct Material+Direct labor+Manufacturing Overhead (variable +fixed)

Part 2. Determine Shadee's budgeted cost of goods sold for May and June.

Cost of goods sold = Opening Stock of finished goods + cost of finished goods manufactured-closing stock of finished goods

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Answer:

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Explanation:

(1) Calculation to determine At what amount will Calaveras value the pickup trucks

Using this formula

Trucks value =Fair value + Cash paid

Let plug in the formula

Trucks value=$45,000+$6,000

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Therefore Calaveras value the pickup trucks at $51,000

(2) Calculation to determine How much gain or loss will the company recognize on the exchange

Using this formula

Gain or loss on exchange =Fair value - Book value

Let plug in the formula

Gain or loss on exchange=$45,000-$34,000

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Explain migration of population in economics.<br> pls its urgent
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Answer:

Migration refers to the movement of a group of people from one geographical region (location) to another geographical destination in search of better living conditions, work or social amenities.

Explanation:

Migration refers to the movement of a group of people from one geographical region (location) to another geographical destination in search of better living conditions, work or social amenities.

Migration selectivity can be defined as the likelihood or tendency that a subset (part) of a group of people are going to move (migrate) out of a particular geographical location or area.

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A bond with 25 years to maturity, 7% coupon, quoted on a 6.25% basis is callable in 10 years at 103, 15 years at 102, and 20 yea
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