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ivanzaharov [21]
4 years ago
7

Dolan Company's accounting records reflect the following inventories: Dec. 31, 2017 Dec. 31, 2016Raw materials inventory $300,00

0 $250,000Work in process inventory 300,000 160,000Finished goods inventory 190,000 150,000During 2017, $750,000 of raw materials were purchased, direct labor costs amounted to $670,000, and manufacturing overhead incurred was $640,000. The total raw materials used to make work in progress inventory during 2017 for Dolan Company is
Business
1 answer:
Dafna11 [192]4 years ago
7 0

Answer:

$700,000

Explanation:

The computation of the total raw materials used is shown below:

= Beginning raw material inventory + purchase of raw material - ending raw material inventory

= $250,000 + $750,000 - $300,000

= $700,000

We simply added the purchase and deduct the ending inventory to the beginning inventory so that the raw material used could come

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Since content theories suggest that motivation results from individual needs, managers should ____________.
LenKa [72]

Answer:

The correct answer is: <em>understand individual employee needs and create work environments that respond to them.</em>

Explanation:

According to ISO 45001, it is necessary for the company to determine:

- Interested parties, in addition to the employees that are relevant to the Occupational Health and Safety Management System.

- The relevant needs and expectations of employees and other interested parties.

- Which of these needs and expectations are, or could become, legal requirements and other requirements

4 0
3 years ago
In CVP analysis, the term "cost":
almond37 [142]

Answer:

The correct answer is: includes manufacturing costs plus selling and administrative expenses.

Explanation:

The CVP analysis works as a tool for planning and decision making, as it indicates the relationship of costs, sales and price, also identifies the scope and magnitude of the economic problems facing a company as well as its possible solution, also It allows you to perform a sensitivity analysis by examining the impact of various levels of prices or costs on profits.

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4 0
3 years ago
How long does Bankruptcy stay on your credit report?
svlad2 [7]

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7 0
3 years ago
Judy's Boutique just paid an annual dividend of $1.48 on its common stock and increases its dividend by 2.2 percent annually. Wh
notsponge [240]

Answer:

7.31%

Explanation:

Data provided in the question:

Annual dividend paid, D0 = $1.48

Dividend growth rate, g = 2.2% = 0.022

Current stock price per share = $29.60

Now,

Current price of share = D1 ÷ (r - g)      .........(1)

Here,

r is the required rate of return

D1 = dividend at year 1 =  D0 × (1 + g)

= $1.48 × (1 + 0.022)

= $1.51256

Therefore, from (1) we get

$29.60 = $1.51256 ÷ (r - 0.022)

or

(r - 0.022) = 0.0511

or

r = 0.0511 + 0.022

or

r = 0.0731

or

r = 0.0731 × 100% = 7.31%

6 0
3 years ago
Big Canyon Enterprises has bonds on the market making annual payments, with 18 years to maturity, a par value of $1,000, and a p
AnnyKZ [126]

Answer:

The correct answer is 8.679%.

Explanation:

According to the scenario, the given data are as follows:

Face value (F) = $1,000

Bond value (B)= $955

Time (t) = 18 years

Yield (r) = 9.2%

First we calculate the coupon payment:

Let coupon payment = C

then,

B = C × \frac{1 - \frac{1}{(1+r)^{t} } }{r}  + \frac{F}{(1+r)^{t} }

By putting the value, we get

$955 = C× \frac{1 - \frac{1}{(1+0.092)^{18} } }{0.092}  + \frac{1000}{(1+0.092)^{18} }

$955 = C × 8.64 + 205.11

C = 86.79

So, Coupon Rate = Coupon Payment ÷ Face value

= 86.79 ÷ 1000

= 0.08679

= 8.679%

8 0
3 years ago
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