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IgorC [24]
3 years ago
6

Norred Corporation has provided the following information: Cost per Unit Cost per Period $ 121,500 $ 44,500 Direct materials Dir

ect labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $ 7.50 $ 3.70 $ 1.60 $ 1.50 $ 0.45 If 8,000 units are produced, the total amount of indirect manufacturing cost incurred is closest to:
Business
1 answer:
svetoff [14.1K]3 years ago
5 0

Answer:

$134,300

Explanation:

The computation of total manufacturing  overhead is shown below:-

Variable manufacturing overhead = Variable manufacturing overhead cost per unit × Units produced

= $1.60 × 8,000

= $12,800

Total Manufacturing overhead = Variable manufacturing overhead + Fixed manufacturing overhead

= $12,800 + $121,500

= $134,300

So, for computing the total manufacturing overhead we simply applied the above formula.

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The beginning and ending balances of retained earnings for the year were $30,000 and $35,000 respectively. If dividend payments
Keith_Richards [23]

Answer and Explanation:

The computation of the net income or loss for the year is shown below:

As we know that

Ending retained earnings balance = beginning retained earning balance + net income or net loss - dividend paid

$35,000 = $30,000 +  net income or net loss - $13,000

$35,000 = $17,000 + net income or net loss

So, the net income or net loss is $18,000

This is an answer but the same is not provided in the given options

7 0
3 years ago
Grace wants to be an astronaut. Which of the following goals would be appropriate for her? I want to be an astronaut by age 30.
Alona [7]
Grace wants to be an astronaut. Which of the following goals would be appropriate for her? <span>I will become an astronaut by completing an undergraduate degree in aerospace engineering and a doctoral degree in biology. I will attain this goal by age 30. Although the statements above all relate to becoming an astronaut, this one is the only statement that expresses how Grace will become an astronaut. Growing up, we all have dreams of what we would like to do but knowing how and setting a goal for accomplishing them makes a dream become more of an attainable reality. </span>
8 0
3 years ago
Read 2 more answers
Beloved Baby Company manufactures and sells children's strollers. Each stroller requires eight screws. For September, Beloved Ba
ololo11 [35]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Each stroller requires eight screws. For September, Beloved Baby Company will begin September with 380 screws in its beginning inventory, and budgets ending inventory to be 210. Beloved Baby Company has budgeted stroller sales of 530 strollers, while 570 strollers are scheduled to be produced

Production= 570*8= 4560

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Beginning inventory= 380 (-)

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8 0
2 years ago
Maas LLP developed software that helps farmers to plow their fields in a manner that prevents erosion and maximizes the effectiv
Dafna1 [17]

Answer:

The correct option is D. $ 20,000

Explanation:

$ 20,000 is the revenue that will recognize in the first year of the contract Because the company Mass LLP will have no more continuing involvement with the Company Sunny Dale.

All the license transfers a right of use to Sunny Dale, and all license revenue $20,000 will be recognized upon transfer of control of the software to the customer

4 0
3 years ago
By using resources in an efficient and effective manner to reach organizational goals, managers may reach their ultimate respons
svlad2 [7]

Answer:

Performance

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The ultimate responsibility of the manager is to accomplish the high performance that represent the attainment of the organization goals via using the resources in a best way i.e. efficient and effective manner

So the responsibility of the manager is to accomplish the high performance so that the company could attain its goals and objectives

3 0
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