Answer:
The Ariana's accounting profit for the year was $6,000
Explanation:
Accounting Profit : The accounting profit is that profit which records the difference of total revenues and total direct cost.
Where,
Total revenues includes sales revenues
And total cost includes monetary cost, etc.
So,
Accounting profit = Total revenues - Total cost
where
Total revenues = 2,000 × $2.5 + 4,000 ×$2.5 = $15,000
Monetary cost = $9,000
So,
Accounting profit = $15000 - $9000 = $6,000
Hence, the Ariana's accounting profit for the year was $6,000
What do you mean as 'Not like McDonald's'? Do you mean fast food or what?
Answer:
the cost of goods manufactured is $183,000
Explanation:
The computation of the cost of goods manufactured is shown below:
Cost of goods manufactured = Labor cost + direct material purchased + overhead cost - ending balance of material - ending balance of work in process
= $66,000 + $22,000 + $98,000 - $1,000 - $2,000
= $183,000
Hence, the cost of goods manufactured is $183,000
Answer:
1.The cost of a hard drive installed in a computer = Direct Material Cost
Explanation:
Direct Material relates to the basic inputs required to make the final good.
Here, for the information it is provided that, PC Works assembles custom computers, which are supplied by various manufacturers.
Since the main business of PC Works is to assemble the computers, installing a hard disk will be the main component of service, thus, It is part of direct material.
