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BartSMP [9]
3 years ago
11

Tyare Corporation had the following inventory balances at the beginning and end of May:

Business
1 answer:
Ivenika [448]3 years ago
8 0

Answer:

The correct answer is option (b) $5400

Explanation:

Solution

Calculation of the cost of direct material on May 1

Now,

The starting work In process inventory = Direct materials Cost  + Direct labor  Cost + Manufacturing overhead applied on W.I.P

13,500 = Direct materials cost  + 4500 + 3600

Thus,

Direct material cost = 13500 - 4500-3600 = $5400

Note:  Direct labor cost = 300 * 15 = $ 4500

The manufacturing overhead = 300 hour *  $12 = $ 3600

So, only expenses associated to work in process will be considered, hence only direct labor and manufacturing overhead are used to work in process are considered.

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Activities included (and not included) in the calculation of GDP
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Answer:

market value; goods

The gross domestic product (GDP) of the United States is defined as the _market value_ of all _final goods and services_ in a given period of time.

Explanation:

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Rotato, a U.S. tire company, produces a set of tires at a plant in Michigan on September 25, 2015. It sells the set of tires to Speedmaster for use in the production of a two-door coupe that will be made in the United States in 2015. (Note: Focus exclusively on whether the production of the set of tires increases GDP directly, and ignore the effect of the production of the two-door coupe on GDP.)----- This would have an effect on the GDP because it is a finished domestic product.

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Fastlane, a Japanese automobile company, produces a sedan at a plant in Indiana on December 9, 2015. A family buys the sedan on December 24. ---It is included as it affects the GDP.

Awake Cafe, a U.S. coffee company, produces a latte at its location in Minneapolis on January 14, 2015. It sells the latte to a customer immediately.----- It affects the 2015 gdp because it's a domestic product.

3 0
3 years ago
Under a perpetual inventory​ system, the journal entry to record the purchase of inventory on account will include​ a:
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<span>Debit accounts payable and credit cash</span>
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You must choose between four pieces of comparable equipment based on the cash flows below. All four have a life of 8 years. Para
nata0808 [166]

Answer:

B and D, $170

Explanation:

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What are the opportunity offers by<br>vocational education?​
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Answer:

Where I grew up, I went to a vocational school for just the beginning of the year, then left to a charter school, At a vocational school, I can choose a cooking class, welding, mechanic, and some other neat stuff, it's kinda of preparing you to be independent, but also you can do it working with other people too.

They are strict with absences and tardies, 3 tardies make one absence, and absences put penalties on your highschool resume/record, depending on how many penalties from absences and tardies you get, they kick you out of the school which is not fair if you have construction workers on the road  slowing you down on your way to school for 3 months.

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