Answer:
Units Produced in the month of March: 10,810 Units
Explanation:
Production for the month of march can be estimated using the following formula:
Productions units for the month of March = Projected Sales for the month + 10% of the following months's sales as ending inventory - Opening Inventory
Units Produced for the month Units
Projected Sales for the month 10,500
Add: 10% of the following month's sales as ending inventory 1,360
(13,600 x 10%)
Less: Opening inventory (1,050)
Units produced for the month of March 10,810
Answer:
$4,817.17
Explanation:
The net present value is the present value of after tax cash flows substracted from the amount invested.
Using a financial calculator:
Cash flow for year zero = -$25,000
Cash flow for year one = -$8,000
Cash flow for year two = $16,000
Cash flow for year three = $16,000
Cash flow for year four = $16,000
I = 9%
NPV = $4,817.17
I hope my answer helps you.
Explanation:
The journal entry is shown below:
Accounts Payable A/c Dr $8,300
To Cash A/c $8,140
To Merchandise Inventory A/c $160 ($8,000 × 2%)
(Being the purchase of merchandise is recorded)
The computation is shown below:
For account payable
= $10,000 + $300 - $2000
= $8,300
For cash account
= $8,300 - $160
=$8,140
Answer:
Underapplied Manufacturing Overhead $23,000
Explanation:
Sawyer Manufacturing Corporation
Predetermined overhead rate = Estimated total manufacturing overhead cost ÷ Estimated total amount of the allocation base
= $300,000 ÷ 52,000 direct labor hours
= 5.7 Approximately $6 per direct labor-hour
Overhead over or underapplied Actual MOH
= 365,000
Applied MOH = $6 x 57000 = $342,000
Underapplied Manufacturing Overhead = 365,000-342,000 = 23,000
Therefore The Corporation's applied manufacturing overhead cost for the year was $23,000