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3 years ago

Which are examples of normative goals? Check all that apply.

Business

2 answers:

Sonbull [250]3 years ago

6 0

Answer:

1, 2, 6

Explanation:

zimovet [89]3 years ago

3 0

Answer:

aiming for better grades next semester

winning an essay contest in English class

doing extra research for history class

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Yo-Down Inc. produces yogurt. Information related to the company’s yogurt production follows:

kap26 [50]

Answer:

Yo.Down Inc.

Determination of Support Department 1 costs to be allocated to each production department:

Production Production Production

Department 1 Department 2 Department 3

Support Department 1 $96,000 $6,000 $18,000

Explanation:

a) Cost allocation of Support Department 1:

1) Rate of allocation = Total Support Department 1's costs divided by the total of the cost drivers

= $120,000/2000 = $60 per cost driver

2) Production Department 1 = $60 x 1,600 = $96,000

Production Department 2 = $60 x 100 = $6,000

Production Department 3 = $60 x 300 = $18,000

3) The direct method is one of the three methods for allocating support or service department costs to the production departments in order to ensure the full inclusion of overhead costs in the production costs. As the name goes, the costs of service departments are allocated to only production departments individually. This method is not like the step method of cost allocation where the costs of service departments are allocated to other service departments, starting with the department with the highest costs, followed by the next, until all the costs of service departments are allocated to production. However, no service department whose total costs have been allocated will be allocated any costs. The last method of cost allocation is the reciprocal method, which is a more complicated method that produces more accurate results, by using equations to establish relationships between the departments.

3 0

2 years ago

Askew Company uses a periodic inventory system. The June 30, 2021, year-end trial balance for Askew company contained the follow

Softa [21]

Answer:

$233,000

Explanation:

As we know that

Cost of goods sold = Beginning inventory + net purchase - ending inventory

where,

Beginning inventory = $32,000

Net purchase is

= Purchase - purchase discounts - purchase returns + freight in

= $240,000 - $6,000 - $10,000 + $17,000

= $241,000

And, the ending inventory is $40,000

So, the cost of goods sold is

= $32,000 + $241,000 - $40,000

= $233,000

We simply applied the above formula so that the cost of goods sold could come

7 0

3 years ago

MC Qu. 131 At Midland Company's break-even point... At Midland Company's break-even point of 9,000 units, fixed costs are $180,0

kompoz [17]

Answer:

selling price per unit = $80

Explanation:

Giving the following information:

Company's break-even point of 9,000 units

Fixed costs are $180,000

Total variable costs= $540,000

<u>First, we will calculate the unitary variable cost:</u>

Unitary variable cost= 540,000 / 9,000

Unitary variable cost= $60

<u>Now, the unitary selling price, using the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

9,000 = 180,000 / (selling price per unit - 60)

9,000selling price per unit - 540,000 = 180,000

9,000selling price per unit = 180,000 + 540,000

9,000selling price per unit = 720,000

selling price per unit = 720,000/9,000

selling price per unit = $80

8 0

2 years ago

Read 2 more answers

Jonah wants to type an assignment using word arrange the steps he needs to follow in the correct order

VladimirAG [237]

Can I have the selections so I can put it in the correct order

7 0

3 years ago

Read 2 more answers

Rafael sold an asset to Jamal. What is Rafael's amount realized on the sale in each of the following alternative scenarios?

alex41 [277]

Answer:

First scenario amount realized is $85,000

Second scenario amount realized is $105,000

Third scenario amount realized is $72,000

Explanation:

first scenario:

Cash proceeds $80,000

vehicle worth $10,000

selling expense ($5,000)

Amount realized $85,000

second scenario:

Cash proceeds $80,000

mortgage relief $30,000

selling commission ($5,000)

Amount realized $105,000

Third scenario:

Cash proceeds $20,000

land worth $50,000

Marketable securities $10,000

selling commission ($8,000)

Amount realized $72,000

The second option is the most beneficial as the benefits of $105,000 is more than the amount realized on other options

6 0

3 years ago