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3 years ago

What does 1/4 of a can of coffee cost if 4 cans of coffee costs $2.40?

1 answer:

3 0

In this item, we calculate first for the price of each can of coffee by dividing the cost by the number of cans of coffee.

Price per can = cost / total number of cans of coffee
price per can = ($2.40) / 4 = $0.6/can

To compute for the price of the 1/4 can, multiply the price by can by 1/4.
price of 1/4 can of coffee = (1/4 can)($0.6/can)
price of 1/4 can of coffee= $0.15

Therefore, the 1/4 can of coffee will cost only $0.15.

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Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assem

Archy [21]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The predetermined overhead rates:

Assembly= $22 per direct labor-hour

Testing & Packaging= $18.00 per direct labor-hour

The company’s direct labor wage rate is $24.00 per hour.

Job N-60:

Assembly:

Direct materials $390

Direct labor $228

Testing & Packaging:

Direct materials $45

Direct labor $132

1) To calculate the total manufacturing cost, first, we need to allocate overhead. To do that, we need direct labor hours for each department.

<u>Assembly:</u>

Direct labor hours= 228/24= 9.5

<u>Testing:</u>

Direct labor hour= 132/24= 5.5

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 22*9.5 + 18*5.5= $308

Total manufacturing cost= direct material + direct labor + allocated overhead

Total manufacturing cost= (390 + 45) + (228 + 132) + (308)= $1,103

2) Unitary cost= 1,103/10= $110.3

6 0

3 years ago

Jamal Steel, a rapidly growing small steel company with annual revenues of $8 million is looking to buy a large industrial furna

Sloan [31]

Answer:

The correct answer is A. maker.

Explanation:

The manufacturing industry (manufacturing) is the production of added value of merchandise for use or sale using labor and machinery, tools, chemical and biological processes, or formulation. The term can refer to a wide range of human activities, from handicraft to high technology, but it is more commonly applied to industrial production, in which raw materials are transformed into finished products on a large scale. Such finished products can be used to manufacture other more complex products, such as airplanes, appliances or cars, or be sold to wholesalers, which in turn sell them to retailers, which they then sell to end users or consumers.

6 0

3 years ago

Larsen Corporation reported $200,000 in revenues in its 2021 financial statements, of which $66,000 will not be included in the

Anastaziya [24]

Answer:

$16,500

Explanation:

The computation of the deferred income tax liability for the year 2021 is shown below:

= Amount not included in tax return × enacted tax rate for 2022 year

= $66,000 × 25%

= $16,500

Simply we multiplied the amount not included with the enacted tax rate for 2022 year so that the correct amount could come

And, we ignored the other information given in the question

5 0

3 years ago

What is one TRUE statement about the stock exchange?

Travka [436]

Answer:

Explanation:

For every seller, there has to be a buyer. For every buyer, there has to be a seller.
The market determines the value put on a stock at least when the stock is on an exchange.
There are many parameters used to determine if a stock should be bought or sold.

3 0

3 years ago

The current market price of a share of Disney stock is $60. If a call option on this stock has a strike price of $65, the call c

erastovalidia [21]

Answer:

Is out of the money

Explanation:

A strike price is a particular price which if activated, derivative contracts can be sold or bought. Derivatives are considered as products in finance where underlying assets are major determinants of their value.

The stock price is considered as the current price that a share of stocks is sold and bought on the market.

Because the strike price is $65 and the stock price (market price) is $60, Disney is out of money and cannot be exercised profitably.

7 0

3 years ago