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3 years ago

Help with this please,,..

Business

1 answer:

JulsSmile [24]3 years ago

4 0

I can barely see is that supposed to say gross

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The two categories of cost comprising conversion costs are

Dmitry [639]

Answer:

b. direct labor and factory overhead

Explanation:

The conversion cost is that convert which is used to convert the raw material to the finished goods inventory. It is a combination of the direct labor cost and the factory overhead or manufacture overhead cost.

It can be fixed or variable marinating costs only. It does not include direct material cost

It is computed by taking a difference of production cost and raw material cost

Hence option b is correct

7 0

3 years ago

At December 31, 2016, Finzelberg Company had a credit balance of $15,000 in Allowance for Doubtful Accounts. During 2017, Finzel

Setler79 [48]

Answer:. ............$

1. Bad debt Dr. 11.0000

Account receivable Or. 11.000

Narration: Bad debts writing off debtors

2. Cash/Bank. Dr 1800

Profit or loss Cr. 1800

Narration. Bad debt previously written off recovered

3. Profit or loss Dr 4000

Allowance for doubtful debts Cr

4000

Narration. Increase in provision for doubtful debts.

7 0

3 years ago

In the ______________, households receive goods and services and pay firms for them.

ad-work [718]

Never gunna give you up never gunna let you down, sorry I don’t know the answer, oops…

4 0

3 years ago

A company has total revenue of $50,000,000, cost of sales of $40,000,000, operating expenses of $5,000,000, and financing costs

bekas [8.4K]

Answer:

$30

Explanation:

Earning per share is calculated dividing Earning for the year excluding preferred dividend by outstanding number of shares.

Formula for EPS is as follow:

Earning Per share = ( Net Income - Preferred Dividend ) / Outstanding Numbers of shares

We need to calculate the net Income, which is calculated as below

Net Income = Revenue - Cost of Goods Sold - Operating Expenses - Financing costs = $50,000,000 - $40,000,000 - $5,000,000 - $2,000,000

Financing costs = $3,000,000

Placing Values in the formula of EPS

EPS = $3,000,000 / 100,000 shares = $30

8 0

3 years ago

g Dybala Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales S

Marianna [84]

Answer:

Effect on income= $2,500 increase

Explanation:

Giving the following information:

Contribution margin= $44

The marketing manager believes that a $6,300 increase in the monthly advertising budget would result in a 200 unit increase in monthly sales.

To calculate the effect on income, we need to use the following formula:

Effect on income= increase in total contribution margin - increase in fixed costs

Effect on income= 200*44 - 6,300

Effect on income= $2,500 increase

5 0

4 years ago