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Zielflug [23.3K]
3 years ago
14

Period costsSelect one:a. are used to compute product cost.b. are selling costs and administrative costs.c. can be included in o

verhead costs.d. are carried in inventory until the goods are sold.
Business
1 answer:
Shkiper50 [21]3 years ago
3 0

Answer:

The correct answer is B: are selling costs and administrative costs

Explanation:

Giving the following information:

Period costs:

a. are used to compute product costs.

b. are selling costs and administrative costs.

c. can be included in overhead costs.

d. are carried in inventory until the goods are sold.

Period costs are not directly tied to the production process. Overhead or sales, general, and administrative (SG&A) costs are considered period costs. Includes costs of the corporate office, selling, marketing, and the overall administration of company business. Period costs are not attached to one particular product or the cost of inventory like product costs.

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The management of Ballard MicroBrew is considering the purchase of an automated bottling machine for $120,000. The machine would
almond37 [142]

Answer:

7.5%

Explanation:

Cost savings :

= Equipment cost - New machine cost

= 30,000 - 12,000

= 18,000

Depreciation per year :

= Cost of automated bottling machine ÷ Useful years

= 120,000 ÷ 10

= 12,000

Simple rate of return:

= (Cost savings - Depreciation of new equipment) ÷ (cost - salvage of old)  

= (18,000 - 12,000) ÷ (120,000 - 40,000)

= 6,000 ÷ 80,000

= 0.075

= 7.5%

7 0
3 years ago
One measure of the importance of a publicly traded asset class in the U.S. economy can be calculated by multiplying the number o
anygoal [31]

Answer:

Market Capitalization

Explanation:

One measure of the importance of a publicly traded asset class in the U.S. economy can be calculated by multiplying the number of publicly traded shares by the current market price of the stock. The result of this calculation is more commonly referred to as market capitalization.

Market capitalization refers to the total market value of a firms shares. it is the cumulative value of the outstanding shares a publicly quoted company (a company that trades its shares in the stock exchange).

7 0
3 years ago
The following cost data relate to the manufacturing activities of Chang Company during the just completed year:
Elza [17]

Answer:

Amount of underapplied or overapplied overhead cost for the year

$97000 - Underapplied

Schedule of cost of goods manufactured for the year

Direct Material                                3885000

Direct Labor                                      60000

Overheads                                       376000

Total Manufacturing Costs             4321000

Add Opening Inventory WIP           400000

Less Closing Inventory WIP            (700000)

Cost of Goods Manufactured         4021000

Explanation:

Amount of underapplied or overapplied overhead cost for the year

Underapplied or Overapplied overhead cost =Actual Overhead - Applied Overhead

$473000-$376000= $ 97000

Schedule of cost of goods manufactured for the year

<em>Direct Materials  Calculation  </em>                                  

Opening                                                      200000

Add Purchases                                         4000000

Available                                                    4200000

Less Closing Material                                 300000

Materials Consumed                                  3900000

Less Indirect Materials                                 15000

Direct Materials Consumed                       3885000

8 0
3 years ago
Read 2 more answers
Ann works 5 1/2 hours, Mary works 6 1/3 hours, and John works 4 1/4 hours. How many combined hours have they worked?
Luden [163]
16 1/12 hours.  To make it easier add up all the whole numbers first then find the common denominator, which is 12. Turn all the fractions into fractions with the denominator of 12 add those up and you shall get 16 1/12.
5 0
3 years ago
In ______ feedback, the receiver provides nonevaluative information to the communicator.
umka21 [38]

In informational feedback, the receiver provides non-valuative information to the communicator.

Feedback in the context of communication refers to a reaction from the recipient that informs the communicator of the message's effectiveness and whether it needs to be amended.

Alternatively said, feedback is the message's reception by the recipient

Corrective feedback is when the receiver challenges the initial communication in response to informational feedback, which is when the receiver provides non-evaluative information to the communicator.

Reinforcing feedback occurs when the recipient expresses explicitly that she has understood the message and its goals.

Hence, in informational feedback, the receiver provides non-valuative information to the communicator.

Learn more about communication:

brainly.com/question/4999885

#SPJ1

8 0
2 years ago
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