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3 years ago

________ costs are costs that limit the occurrence of defects and imperfections. prevention failure process assessment appraisal

1 answer:

7 0

<span>Process costs are costs that limit the occurrence of defects and imperfections. Process costing is an accounting methodology that traces and accumulates direct costs, and allocates indirect costs of a manufacturing process. ... It is a method of assigning costs to units of production in companies producing large quantities of homogeneous products.</span>

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Smith Corporation makes and sells a single product called a Pod. Each Pod requires 2.4 direct labor-hours at $10.60 per direct l

kramer

Answer:

$585,120

Explanation:

The computation of Budgeted direct labor costs is shown below:-

Direct labor cost per pod = Direct labor required per pod x Direct labor rate

= 2.4 × $10.60

= $25.44

Budgeted direct labor costs incurred in June = Direct labor cost per pod × Produced pods

= $25.44 × 23,000

= $585,120

Therefore for computing the budgeted direct labor costs we simply applied the above formula.

4 0

3 years ago

Someone please help!!!

Vitek1552 [10]

Answer:

Dollar Tree = $5,643

Target = $11,297

Explanation:

For dollar tree, using the given equation:

13,501 = 7,858 + stockholder's equity

Stockholder's equity = 13,501 - 7,858

= $5,643

For target, using the given equation:

41,290 = 29,993 + stockholder's equity

Stockholder's equity = 41,290 - 29,993

= $11,297

5 0

2 years ago

Which of the following is an example of the barter system?

nlexa [21]

Answer:

B. Taking a friend to lunch in return of a favor

Explanation:

Barter System is direct commodity/ service to commodity/service exchange , without using money as an intermediary exchange medium . It is also called C to C exchange .

Eg : Two farmers exchanging their wheat & rice , A teacher teaching grocers' child in exchange of groceries from him .

So : A. Simple Investment , C. Money Purchase , D. Money Denomination exchange - neither are examples of Barter System .

B . Paying off a friend's favour in exchange of a service (being service-service exchange) is a relatable example.

4 0

3 years ago

A company reports the following:

fredd [130]

Answer:

a. 15 times

b. 24.3 days

Explanation:

The computation is shown below:

a. Accounts receivable turnover

Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable

= $3,150,000 ÷ $210,000

= 15 times

b. Number of days sales in receivables = Total number of days in a year ÷ accounts receivable turnover ratio

= 365 days ÷ 15 times

= 24.3 days

7 0

3 years ago

To generate leads for new business, Gustin Investment Services offers free financial planning seminars at major hotels in Southw

larisa86 [58]

Answer:

See Explanation section

Explanation:

We know,

Profit = Sales - Expenses

To find the total seminar profit, we have to determine the number of newly opened accounts. As it is binomial distribution, we have to make an equation to reach out the seminar profit -

Therefore, the profit equation = (new opened account × Sales commission) - Fixed seminar costs

Since we do not know how many attended open account, the profit equation of seminar = (New open account × $5,300) - $3,700

6 0

3 years ago