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3 years ago

How much total manufacturing cost is an indirect cost that cannot be easily traced to the manufacturing department?

1 answer:

6 0

None of the manufacturing costs should be treated as indirect costs when the cost object is the Manufacturing Department.

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Bob's big burgers n' shakes restaurant brings a suit, seeking a remedy at law. a remedy at law is

pshichka [43]

A remedy at law is monetary damages

5 0

3 years ago

Blue Chance Co. sells computers and video game systems. The business is divided into two divisons along product lines. Variable

slamgirl [31]

Answer:

ratio = 7 : 3

Weighted average contribution ratio = 37 %

break-even point = $800,000

sales level = $560,000

Sales level = $240,000

Explanation:

Solution

we know here that contribution margin for computer is express as

contribution margin for computer = $\frac{280000}{700000}$

contribution margin for computer = 40%

and

Contribution margin for VG Systems is = $\frac{90000}{300000}$

Contribution margin for VG Systems is = 30%

ratio = (40 + 30 ) : 30 = 7 : 3

and

Weighted average contribution margin ratio are here

Weighted average contribution ratio = 40% × 0.7 + 30% × 0.3

Weighted average contribution ratio = 37 %

and

break even point in dollars are

break-even point = $\frac{296000}{37}$

break-even point = $800,000

and

sales level are here

sales level for computer = 800000 × 70%

sales level = $560,000

and

Sales level for VG systems: 800000 × 30%

Sales level = $240,000

7 0

3 years ago

On January 1, 2020, Bonita Corporation purchased 20% of the common stock outstanding of Sandhill Corporation for $265000. During

trapecia [35]

Answer:

The balance of the Stock Investments—Sandhill account on the books of Bonita Corporation at December 31, 2020 is <u>$272,800 (= $265,000 - $8,600 + $16,400)</u>

Explanation:

the journal entries to record the transactions are:

January 1, 2020, Bonita Corporation purchases 20% of Sandhill Corporation

Dr Investment in Sandhill Corporation 265,000

Cr Cash 265,000

xx, 2020, Sandhill Corporation distributed $43,000 in cash dividends

Dr Cash 8,600

Cr Investment in Sandhill Corporation 8,600

yy, 2020, Sandhill Corporation reported net income $82,000

Dr Investment in Sandhill Corporation 16,400

Cr Revenue on investment in Sandhill Corporation 16,400

3 0

4 years ago

Syrio's Snowboards uses the perpetual inventory system. At year end the general ledger indicated that the company had a balance

Tanzania [10]

Answer:

The correct answer to the following question is that the Syrio's snowboards should debit the cost of goods sold account and credit the inventory account by $5000.

Explanation:

It is given that in the books , the inventory amounts to $24,000 but physically on $19,000 of inventory is present. Which means there is shortage in the inventory , that means the company would have to decrease the amount of inventory in the books. For that they will debit the cost of goods sold account and credit the inventory account by $5000 ( $24,000 - $19,000 ).

4 0

4 years ago

Students earn a certificate from a vocational school as opposed to a ____ from a college/university.

Oliga [24]

Answer:

A.) degree

Explanation:

The degree certificate is the certification awarded after successful completion of a college/university education program. A university program takes a long time to accomplish as compared to a vocational school program. While vocational colleges award certificates, colleges, and universities award degrees.

4 0

3 years ago