1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Levart [38]
3 years ago
8

Using the data from the Terrace Industries:

Business
1 answer:
aniked [119]3 years ago
8 0

Answer:

Purchasing 70,000 x 1/3 = $23,333 DISTRICT 1

Purchasing 70,000 x 2/3 = $46,667 DISTRICT 2

Payroll 80,000 x1/3 = $26,667 DISTRICT 1

Payroll 80,000 x 2/3 = $53,333 DISTRICT 2

Explanation:

Sales 300,000 + 600,000 = 900,000

District 1 300,000/900,000 = 1/3

District 2 600,000/900,000 = 2/3

Purchasing 70,000 x 1/3 = 23,333

Purchasing 70,000 x 2/3 = 46,667

Payroll 80,000 x1/3 = 26,667

Payroll 80,000 x 2/3 = 53,333

You might be interested in
Information regarding Maxwell’s direct labor cost for the month of January follows: Direct labor hourly rate paid $ 29.20 Total
Umnica [9.8K]

Answer:

  1. <u>std rate  $30.64</u>
  2. <u>efficiency variance  $6,128.00</u>

Explanation:

We will work the rate variance to obtain the standard rate:

(standard\:rate-actual\:rate) \times actual \: hours DL \: rate \: variance

actual rate  $29.20

actual hours 11,700

difference  $1.44

rate variance  $16,800.00

(standard\:rate-29.2) \times 11,700 = 16,700

(standard\:rate= 16,700 \div 11,700 +29.2

<u>std rate  $30.64</u>

<u></u>

<u>Now we can solve for the labor efficiency variance:</u>

(standard\:hours-actual\:hours) \times standard \: rate = DL \: efficiency \: variance

std  hours 11700

actual hours 11500

std rate  $30.64

difference 200

<u>efficiency variance  $6,128.00</u>

The diference is positive, sothe variance is favorable.

4 0
2 years ago
Multi-market competition occurs when two or more diversified firms:
azamat

Answer:

The correct answer is letter "D": simultaneously compete against each other in the same product areas geographic markets.

Explanation:

Multi-market competition happens when companies offering a similar product make contact in multiple markets. The level o competition shapes according to the region where the goods or services are being offered and in different markets, different consumers decide which company is taken as the preferred.

Though, the constant contact of competitors in different regions could decrease their competition since they might use their mutual help in adverse areas to be able to conduct their businesses.

3 0
3 years ago
What were two most challenging educational experiences? Explain why they were challenging
Tresset [83]

to me it would actually have to be college course math because im not really good at trigonometry

3 0
3 years ago
Suppose that Dmitri, an economist from a research institute in Texas, and Frances, an economist from a public television program
posledela

Answer:

  • Difference in scientific judgements
  • A. Employers should not be restricted from outsourcing work to foreign nations.

Explanation:

The difference in opinion between these two is based on a difference between in scientific judgments because they believe that different things will happen in response to implementing a different form of taxes.

Regardless of what they think in the above regard, these economists are most likely to support the outsourcing of work if it is cheaper to do so because economists generally believe that the most efficient method of production should be undertaken.

4 0
3 years ago
Records at Hal’s Accounting Services show the following costs for year 1. Direct materials and supplies $ 41,000 Employee costs
Korolek [52]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Year 1.

Direct materials and supplies $ 41,000

Employee costs 2,700,000

Production was 45,000 billable hours.

Fixed overhead was $700,000

Variable overhead $580,000

Total overhead 1,280,000

Unitary costs Year 1:

Direct materials= 0.91

Direct labor= 60

Variable overhead= 12.89

Unitary Costs Year 2:

Direct materials= 0.91*1.10= 1

Direct labor= 60*1.15= 69

Variable overhead= 12.89

Fixed overhead= 700000*1.05= 735,000

A) Total cost if billable hours= 36,000

Direct material= $36000

Direct labor= $2,484,000

Variable overhead= $464,040

Fixed overhead= $735,000

B)

Total cost per unit year 1= 0.91 + 60 + 12.89 + (700000/45000)= $89.36

Total cost per unit Year 2= 1 + 69 + 12.89 + (735000/36000)= $103.31

4 0
3 years ago
Other questions:
  • Over the past two decades, more than 50 nations have participated in at least one massive international test of educational achi
    6·1 answer
  • Outstanding stock of the West Corporation included 40,000 shares of $5 par common stock and 20,000 shares of 5%, $10 par non-cum
    13·1 answer
  • On February 1, 2021, Miter Corp. lends cash and accepts a $1,000 note receivable that offers 12% interest and is due in six mont
    8·1 answer
  • The accumulation of budget deficits by the United States has created
    12·1 answer
  • "The economy is doing well when the level of real GDP<br> is at Potential GDP"<br> True<br> O False
    11·1 answer
  • A decrease in demand for cameras would likely be caused by
    12·1 answer
  • Use the following data to compute total manufacturing costs for the month:
    11·1 answer
  • Consider a profit-maximizing firm in a competitive industry. Under which of the following situations would the firm choose to pr
    10·1 answer
  • Use straight line (SL) depreciation to determine a. annual depreciation charge (5 points) and b. annual book values for the life
    13·1 answer
  • Sooner Machinery Company purchased a delivery truck at a cost of $56,000 on March 10, 2018. The truck has a useful life of six y
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!