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3 years ago

The cost object of the plantwide overhead rate method is: Select one:

Business

1 answer:

Oduvanchick [21]3 years ago

5 0

The cost object of the plant-wide overhead rate method is "The unit of product"

Explanation:

Unit cost is the total production cost divided by the number of units manufactured. A company usually produces similar products in lots with hundreds or thousands of units per batch.

An overall overhead rate for the entire plant is a single level used only to allocate or assign all overhead production costs for a company to its output of production. Products for easier operation, such as assembly, can be allocated overhead at a level of $20 per hour of direct work.

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Which one of the following statements is true? a. A manufacturing company will normally have raw materials, work in process, and

soldier1979 [14.2K]

Answer:

d. A manufacturing company will normally have raw materials, work in process, and merchandise inventory as inventory account classifications.

Explanation:

Normally a manufacturing company has various inventors such as raw material, work in progress and finished goods and the inventories are goods that held up in stocks for the ultimate goal of resale, another type of inventories include transit inventory, buffer inventory and cyclic inventory.

Merchandise inventory is a finished good that is taken for sale by retail or wholesale. The finished goods for the sale by manufactures are generally called as finished goods inventory.

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3 years ago

Pina Corporation entered into an operating lease agreement to lease equipment from Badger, Inc. on January 1, 2017. The lease ca

posledela

Answer:

= $80,273

Explanation:

Value of the right of use asset = Value of lease liability - cash incentive received + costs incurred for lease

= $82,773 -$ 6,000 + $3,000 + $500

=$80,273

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3 years ago

In January, Donna’s dad, who is 75 years old, agreed in an email with his financial advisor that he wanted to take a distributio

andrey2020 [161]

I believe this shouldn't affect him since he is 75 years old, past the 65 retirement age. So the $50K from this IRA can be withdrawn tax free. If he moved the funds to a checking account BEFORE 65, then it would be taxable. Check with a financial advisor.

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3 years ago

If costs are 85% of sales (and profit is 15%), what is the amount of extra sales needed to equal $1,200 in profit from purchasin

attashe74 [19]

Answer:

$8,000

Explanation:

Given that

Profit = $1,200

Cost = 85% of sales

Profit = 15%

We know that

Sales = Cost + Profit

= 85% + 15%

= 100%

So sales percentage is 100%

Now we use the unitary method to find out the extra sales which would be

= Profit × sales percentage ÷ profit percentage

= $1,200 × 100% ÷ 15%

= $8,000

7 0

3 years ago

the gradual reduction of regional constrasts resulting form increasing cultural, economic, political and other types of exchange

kondor19780726 [428]

Answer: Globalization

Explanation:

The globalization is the process of gradually reducing the regional contrasts due to the increase in the interaction and exchange different types of culture, political and the economic.

The main aim of the globalization is that it communicate on the international platform by using the different types of strategy for the business, political and also due to the environment development.

There are different types of benefits which is provided by the globalization that are:

High quality products and the services
Greater economical efficiency
More international trading

Therefore, Globalization is the correct answer.

3 0

3 years ago