4 years ago

When managerial accountants assign costs to the production of specific products, the costs that are easiest to assign are

1 answer:

3 0

<span>When managerial accountants assign costs to the production of specific products, the costs that are easiest to assign are direct labor and direct materials costs.

I hope this helps!</span>

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During 2020, Sarasota Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Sarasota for

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Answer

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

Step-by-step explanation:

Gross profit = Sales - Cost of goods sold

= (440 x 90 + 220 x 80 + 264 x 50) - (440 x 56.7 + 220 x 50.4 + 264 x 31.5)

= (39,600 + 17,600 + 13,200) - (24,948 + 11,088 + 8,316)

= 70,400 - 44,352

= $26,048

Ending inventory schedule attached in the excel archive

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

Download xlsx

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3 years ago

If the owner of a children's day-care center were to answer the question, "what business are you in?" with the statement, "We nu

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Answer:

Yes is a market-oriented mission statement.

Explanation:

Small businesses solve problems and offer solutions for a customer's needs. A market-oriented mission statement defines a purpose that focuses on satisfying a customer's needs. The purpose of a market-oriented mission should match current market data and environments

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3 years ago

The following information relating to a company's overhead costs is available. Actual total variable overhead $ 75,000 Actual to

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Answer:

$5,000 favorable

Explanation:

The computation of the total variable overhead variance is given below:

= Budgeted machine hours allowed for actual output × Budgeted variable overhead rate per machine hour - Actual total variable overhead

= 32,000 hours × $2.50 - $75,000

= $80,000 - $75,000

= $5,000 favorable

Since the favorable is more than the actual so it should be favorable

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3 years ago

Immediately after a hurricane, it is likely that the quantity demanded for tree cutting/removal services will ______ the quantit

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Immediately after a hurricane, it is likely that the quantity demanded for tree cutting/removal services will "Remain" the quantity supplied, causing the price of tree cutting/removal services to ''Rise''

Explanation:

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3 years ago

The state of Indiana charges a 6% sales tax on most consumer goods. Grant purchased a generator for $400 and paid an additional

faltersainse [42]

Answer:

the correct answer is

The $400 retail price of the generator.

good luck

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4 years ago