Answer:
$429,850
Explanation:
The computation of the cost of jobs transferred to Finished Goods Inventory is shown below:
= Beginning Work in Process Inventory + direct material + direct factory payroll + overhead cost - Ending Work in Process Inventory
Here,
Direct material = Total material - indirect material
= $196,000 - $30,300
= $165,700
Direct factory payroll = Total factory payroll - indirect labor
= $150,600 - $40,300
= $110,300
And, Overhead cost = 150% of direct labor cost
= 150% × $110,300
= $165,450
Now the cost of job transferred would be
= $15,600 + $165,700 + $110,300 + $165,450 - $27,200
= $429,850
It might be said that the least likely scenario to occur is that <span>"The government allows only two competitors to offer goods for sale on the country's highways"
This might be because the best scenario would be the government to promote competition by setting clear rules for everyone. The government should intervene to reestablish efficiency in the market</span>
Answer:
d.$12.40
Explanation:
The computation of the per unit cost is shown below:
= Total cost ÷ Number of units produced
where,
Total cost = Direct material cost + Direct labor cost + Factory overhead cost
= $4,400 + $5,600 + $2,400
= $12,400
And, the units produced = 1,000 units
So per unit cost equal to
= $12,400 ÷ 1,000 units
= $12.40
Answer:
correlational research
Explanation:
Based on the scenario being described it can be said that the most suitable method for Professor Milton's needs would be a correlational research. This is a research method in which a researcher measures two variables, and analyzes the relationship between them. Which in this case is exactly what Professor Milton needs since he only has two variables (brain damage and intelligence levels in adults) and wants the examine the relationship between them.
Answer:
b. Not affect total assets
Explanation: Account receivable is a term used to describe the total amount expected to be paid by debtors to a a business Organisation on transactions completed during a given accounting period,it is an asset account.
WHEN THE ACCOUNT RECEIVABLES ARE COLLECTED, THEY DO NOT HAVE ANY EFFECTS ON THE ASSETS OF A BUSINESS ORGANISATION AS IT HAS ALREADY BEEN ACCOUNTED FOR IN THE ASSETS OF THE BUSINESS ORGANISATION.