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erastova [34]
3 years ago
8

Marigold Corp.budgeted manufacturing costs for 70000 tons of steel are: Fixed manufacturing costs $50000 per month Variable manu

facturing costs $12 per ton of steel Marigoldproduced 40000 tons of steel during March. How much is the flexible budget for total manufacturing costs for March
Business
2 answers:
taurus [48]3 years ago
8 0

Answer:

Explanation:

Computation of the flexible budget for total manufacturing costs for March:

Flexible budget for total manufacturing costs for March = (Production of steel during March × Variable Manufacturing Costs per ton of steel) + Fixed Manufacturing Costs Per month.

Flexible budget for total manufacturing costs for March = ( 40,000 ton × $12 per ton ) + $50,000

Flexible budget for total manufacturing costs for March = $480,000 + $50,000

Flexible budget for total manufacturing costs for March = $530,000

Answer is $530,000

Nataly [62]3 years ago
7 0

Answer: $290,000

Explanation:

Flexible budget for 20,000 tons:

Fixed manufacturing costs (Period costs constant irrespective of tons produced) $50,000

Variable manufacturing costs

($12 × 20,000) $240,000

Total Manufacturing costs for 20,000 tons will be:

$50,000 + $240000 = $290,000

Note: Variable costs varies based on the number of units produced whereas Fixed costs are the period costs that are constant irrespective of units produced.

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The Thomlin Company estimates that total overhead for the current year will be $16,000,000 and that total machine hours will be
anzhelika [568]

Answer:

d. $80 per machine hours

Explanation:

The computation of the overhead rate is shown below:

Overhead rate = Estimated total overhead cost ÷ total machine hours

= $16,000,000 ÷ 200,000 hours

= $80 per machine hours

The overhead rate is come by dividing the estimated total overhead rate by the total machine hours

All the other information that is mentioned is not considered. Hence, ignored it

4 0
3 years ago
Your team consists of three people who are collaborating on a short quarterly report. You are putting the final touches on your
Vsevolod [243]

Since each member needs to review the document one more time, then, the best collaboration tools for this will be E-mail.

<h3>What is an E-mail?</h3>

E-mail is basically a online-based application that facilitate an exchange of messages between one or more users

In conclusion, because all member needs to review the document one more time, then, the best collaboration tools for this will be E-mail.

Read more about E-mail

<em>brainly.com/question/2234629</em>

5 0
2 years ago
Sol-tex has net income of $1,300,000 and 400,000 shares outstanding. it has preferred dividends of $300,000. what are the earnin
Elan Coil [88]
To find the earnings per share (EPS) the equation is as follows:
EPS = (net income - dividends on preferred stock)/average outstanding common shares
EPS = (1,300,000-300,000)/400,000
EPS = 1,000,000/400,000
EPS = 2.50
Sol-tex has an earnings per share of $2.50
5 0
3 years ago
Novak Corp. has 7400 shares of 6%, $50 par value, cumulative preferred stock and 148000 shares of $1 par value common stock outs
wlad13 [49]

Answer:

The dividends received by the preferred stockholders in 2020 are $30400.

Explanation:

The cumulative preferred stock is the form of preferred stock that accumulates or accrues dividends in case the company does not pay or partially pay dividends to preferred stock in a particular year. This means that the dividends are accrued and the company will need to pay these dividends first in the future whenever it declares dividends.

The total dividends per year on preferred stock is,

Preferred Stock dividends = 50 * 0.06 * 7400 = $22200 per year

The preferred stock dividend that was accrued at the end of 2019 after the dividend payment of $14000 is,

Accrued dividends - Preferred stock = 22200 - 14000 = $8200

In 2020 the company will need to pay this accrued dividend along with the dividend for 2020 on preferred stock. Thus, in 2020 the preferred stock holders will receive dividends of,

Preferred stock dividend to be paid in 2020 = 8200  +  22200  = $30400

8 0
3 years ago
In the context of Herzberg's two-factor theory, ____________ are characteristics of the workplace, such as company policies, wor
Anettt [7]

Answer:

THE CORRECT OPTION IS a) hygiene factors

Explanation:

The two factor theory which was developed by Frederick Herzberg , consists of two factors on which a person's job satisfaction depends upon , one is motivation which consists of factors for satisfaction and other one hygiene , which consists of factors for dissatisfaction.

According to the question given , hygiene factors are the ones that can make people dissatisfied. This includes secondary working conditions, salary etc, every company should try to improve their hygiene factors to reduce the job dissatisfaction.

6 0
3 years ago
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