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ziro4ka [17]
3 years ago
10

At May 31, 2019, the accounts of Kuhlmann Manufacturing Company show the following:

Business
1 answer:
defon3 years ago
6 0

Answer:

A. $164,200

B. $56,700

Explanation:

KUHLMANN MANUFACTURING COMPANY Cost of Goods Manufactured For the months ended 31st May 2019

May 1

Work in process,$ 14,700

Direct materials used $77,400

Direct labor 50,000

Manufacturing overhead applied 45,000

May 31 Less: Work in process 22,900

Cost of goods manufactured $164,200

Therefore the cost of goods manufactured is $164,200

B.

KUHLMANN MANUFACTURING COMPANY

Cost of Goods Manufactured Schedule For the months ended 31st May 2019

Sales 225,000

May1 finished goods 12,600

Cost of goods manufactured 164,200

Cost of goods available for sales 176,800

May 31 finished goods 8,600

Less: Cost of goods sold 168,300

Gross profit 56,700

Therefore the gross profit is $56,700

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Answer:

a) <em>Net income using incremental analysis is  </em> $692

b)   PINA should accept the order because it will increase its net income by $692

<em />

Explanation:

The relevant cash flows for decision to accept or reject the special order are

I. the incremental contribution from of producing 5,350 units

2. The incremental fixed cost- 45,374

Note that whether or not the special order is accepted the fixed cost of manufacturing  would be incurred either way.

Contribution per unit =Selling price - Variable cost

Variable production cost per unit = total variable cost / units

                                  = (10,945 + 29651 + 21094)/19,900

                                     =$3.1

Variable cost per unit of sale = $3.1 + $0.35 =  $3.45

a) Incremental Analysis

<em>Change in Net Income:                               $</em>

I<em>ncremental contribution :</em>

( 4.77 - 3.45) ×   5,350 =                           7,062

<em>Increase in Fixed cost</em> :

(45,374 - 39,004)                                     <u>(  6370)</u>

<em>Net income                                               </em><em><u>   692</u></em>

<em><u>b) </u></em>   PINA should accept the order because it will increase its net income by $692

<em />

6 0
3 years ago
Firms that spend the greatest percentage of their revenue on advertising tend to be firms that sell
Lisa [10]

Answer:

The correct answer is D

Explanation:

Product differentiation is the term which is described as the strategy of marketing which focuses on showing off the differences among the product or the competition and the business.

So, the firm or business who spend the highest percentage of the revenue on advertising the product are the firms which sell the highly differentiated goods.

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A year after the equine safety program was conducted in a riding stable, the volunteers remembered that they must always cross-t
Rasek [7]
The answer is a it was successful
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2 years ago
The following data were reported by a corporation: Authorized shares 24,000 Issued shares 19,000 Treasury shares 5,500 The numbe
Basile [38]

Answer:

13,500

Explanation:

Outstanding shares = issued shares - Treasury shares

19,000 - 5,500 = `13,500

Shares is a method through which firms raise capital.

Authorised shares are the maximum number of shares a company can issue to investors

Outstanding shares are the total number of shares sold to investors

Treasury shares are shares that have been issued and later repurchased by the company

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4 0
2 years ago
Fill in the blanks: direct deposit typically refers to your ______ sending your ______ electronically to your bank account.
d1i1m1o1n [39]

Direct deposit typically refers to your <u>employer</u> sending your<u> paycheck </u>electronically to your bank account.

<h3>What is direct deposit?</h3>

Direct deposit can be defined as the way in which your employer directly deposit your salary into your bank account electronically.

Most companies or organization tend to make use of direct deposit system to pay their employee salary or paycheck instead of giving them cash or  using check .

Inconclusion Direct deposit typically refers to your <u>employer</u> sending your<u> paycheck </u>electronically to your bank account.

Learn more about direct deposit here:brainly.com/question/3044615

6 0
1 year ago
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