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
pychu [463]
3 years ago
13

Consider Derek's budget information: materials to be used totals $65,100; direct labor totals $198,700; factory overhead totals

$393,700; work in process inventory January 1, $188,500; and work in progress inventory on December 31, $192,500. What is the budgeted cost of goods manufactured for the year?
Business
1 answer:
egoroff_w [7]3 years ago
5 0

Answer:

cost of goods manufactured= $653,500

Explanation:

Giving the following information:

Consider Derek's budget information: materials to be used totals $65,100; direct labor totals $198,700; factory overhead totals $393,700; work in process inventory January 1, $188,500; and work in progress inventory on December 31, $192,500.

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 188,500 + 65,100 + 198,700 + 393,700 - 192,500= $653,500

You might be interested in
The demand for a product is unit elastic. At a price of $20, 10 units of a product are sold. If the price is increased to $40, t
Gekata [30.6K]

It should be noted that when demand for a product is unit elastic and one would expect sales to equal: 5 units.

<h3>What is elastic demand?</h3>

An elastic demand can be regarded as the demand whereby change in quantity demanded due to a change in price is large.

An inelastic demand entails change in quantity demanded due to a change in price is small.

Learn more about elastic demand at;

brainly.com/question/24384825

5 0
2 years ago
The internal rate of return (IRR) refers to the compound annual rate of return that a project generates based on its up-front co
Sav [38]

Answer:

The answer and procedures of the exercise are attached in the following archives.

Explanation:

Consider this explanation too

The IRR is the project’s expected rate of return, assuming that intermediate cash flows also earn the IRR. If this return exceeds the cost of the capital invested in the project, the excess value goes to the firm’s shareholders. Therefore, independent projects whose IRR is greater than the WACC should be accepted.

Therefore in this case WACC of the project is 7% and IRR of the project is 1.86% which is less than WACC of the project. Hence the firm reject the project delta.

Calculation of IRR is based on Cash inflows and outflows for the number of years so that increase in cost of capital will not affect IRR.

5 0
3 years ago
Swen Inc. is a global retail chain based in New York. It expands into France and sends Gerard, an American citizen and a trusted
Soloha48 [4]

Answer:

The correct answer is D

Explanation:

Expatriate manager is the one or the workers who are migrated from their home country to the outside nations in order to earn more than the in the home country.

In this case, Company expands the operations in France where they sends Gerard who is a citizen of American. So, this is an expatriate manager as he was migrated to France.

3 0
3 years ago
Examples of ______ are the AFL-CIO (a union) and the National Federation of Independent Business. Both are voluntary groups with
Vesnalui [34]

Answer:

Volunteer co-ops

Explanation:

Examples of VOLUNTEER CO-OPS are the AFL-CIO (a union) and the National Federation of Independent Business. Both are voluntary groups with the purpose of advancing member interests.

The above statement is true because Volunteer co-ops are otherwise known as Volunteer Cooperation is a form of cooperative relationship or establishment in which there are various volunteers involved in the process, whose purpose is to benefit real members or the citizens at large.

6 0
3 years ago
The Pecking Order view on capital structure:
irina1246 [14]

Answer:

c. Argues that a firm's first choice for capital is retained earnings as there is no informational cost associated with using retained earnings.

Explanation:

The Pecking order theory states that a business should first of all seek for internal funds (retained earnings) as a first choice of capital.

When internal funds are depleted, it can now look to debt as a source of finance.

In turn when debt options have been exhausted the last resort is to look for funding from equity.

So the Pecking order argues that a firm's first choice for capital is retained earnings as there is no informational cost associated with using retained earnings.

4 0
3 years ago
Other questions:
  • Statement: "Whenever a company’s activities reduce the quality of life for nearby homeowners, the company should be legally requ
    14·1 answer
  • Why are businesses concerned about non renewable resources?
    13·2 answers
  • Managers who establish effective goals can enhance the performance of their employees and of their company. The manager in the s
    15·1 answer
  • Patrick has chosen to double major in finance and microbiology and studies 14 hours a day as a result. To make it through his st
    10·1 answer
  • Which of the following is NOT a characteristic of long-run equilibrium for a perfectly competitive firm? Select one:
    11·1 answer
  • Newman Finley wishes to become a millionaire. His money market fund has a balance of $296,375 and has a guaranteed interest rate
    15·1 answer
  • Which change was applied to the original paragraph? It was justified. It was left aligned. It was right aligned. It was centered
    15·2 answers
  • Suppose we changed the units of the tuition variable, so that the new tuition variable is now simply measured in dollars rather
    14·1 answer
  • Steve's stock portfolio makes a five percent gain and he sells a portion of his holdings. Under which heading on the chart would
    8·1 answer
  • Tammie was communicating to her employees the proper way to handle abuse in the workplace. one individual kept interjecting comm
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!