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Gnesinka [82]
4 years ago
12

A review of Plunkett Corporation's accounting records for last year disclosed the following selected information. Variable Costs

Direct materials used $ 56,000 Direct labor $179,000 Manufacturing overhead $154,000 Selling costs $108,400 Fixed costs Manufacturing overhead $267,000 Selling costs $121,000 Administrative costs $235,900 What were Plunkett's product costs and period costs for last year?
Business
1 answer:
Sergeu [11.5K]4 years ago
8 0

Answer:

$656,000 and  $465,300

Explanation:

The computation of the product cost is shown below:

= Direct materials used + Direct labor + variable manufacturing overhead  + fixed manufacturing overhead

= $56,000 + $179.000 + $154,000 + $267,000

= $656,000

The computation of the period cost is shown below:

= Variable selling cost + fixed selling cost +   Administrative costs

= $108,400 + $121,000 + $235,900

= $465,300

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lesantik [10]

Answer:

The answer is true

Explanation:

One of the most common trade barriers is a tariff. Tariff is a tax imposed by the government on imported goods and services. Imposing tariffs on imported goods and services raise their prices.

Imposing tariff on imported goods can either be done to raise government revenue or to protect indigenous companies.

8 0
3 years ago
Fragmental Co. leased a portion of its store to another company for eight months beginning on October 1, at a monthly rate of $9
Leviafan [203]

Answer:

Debit cash $7800

Credit unearned revenue $7800

Explanation:

The amount of $7800 was received in cash on October 1. Therefore, the cash account will be debited with the $7800 received.

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3 0
3 years ago
Calculate Payroll
musickatia [10]

Answer:

A.1830

B.$1397.75

Explanation:

A.Gross pay

Formula for Gross pay

Gross pay = regular pay + overtime pay

= (40*30)+(14*30*1.5)

=1200+630

= $1830

Part B

B.Net pay

Formula for Net pay

Net pay = gross pay – social security tax – medicare tax – federal income tax

= 1830-(1830*6.0%)-(1830*1.5%)-295

=1830-109.8-27.45-295

= $1397.75

7 0
3 years ago
Why is it important now for HR management to transform from being primarily administrative and operational to becoming more of a
Studentka2010 [4]

Explanation:

Human resource management is increasingly relevant for a company to be successful, competitive and well positioned in the market. It is correct to affirm that it is important that HR ceases to be basically administrative and operational to become a general strategic contributor in a company due to the fact that management is going through a phase in which organizations have well-defined social and environmental responsibilities most demanded in a competitive and globalized world.

Therefore, the valorization of human capital in an organization is increasingly essential and strategic, because through professionals satisfied with their working conditions, well trained and motivated, the objectives are achieved more effectively, there is a greater attraction of quality professionals, greater innovation, greater productivity, continuous improvement of processes and the creation and maintenance of an organizational culture focused on ethical and collaborative practices in order to achieve organizational objectives.

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3 years ago
All new employees must first complete a six-week training program.
fgiga [73]
Yes they should because it takes time to learn new things at a new job
7 0
3 years ago
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