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3 years ago

Conversion costs are:_______.

Business

1 answer:

777dan777 [17]3 years ago

4 0

Answer:

B. The combined costs of converting raw materials to finished goods.

Explanation:

Conversion Costs are the combined costs of converting raw materials to finished goods.

These include the costs of direct labor and manufacturing overheads such as water and electricity.

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3 years ago

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Gabriele Enterprises has bonds on the market making annual payments, with nine years to maturity, a par value of $1,000, and sel

Ulleksa [173]

Answer:

5.52%

Explanation:

For computing the coupon rate we first have to determine the PMT by applying the PMT formula

Given that,

Present value = $954

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NPER = 9 years

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the monthly payment is $55.18

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3 years ago

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3 years ago

Peking Palace Company reported the following: Standard quantity per unit 3 lbs. Standard price per pound $2.75 Actual pounds use

SCORPION-xisa [38]

Answer:

$577.5 favorable

Explanation:

Data provided in the question:

Standard quantity per unit 3 lbs

Standard price per pound = $2.75

Actual pounds used = 15,000 lbs

Actual price per pound = $2.90

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Now,

The direct materials quantity variance is given as;

= | ( Actual quantity - Standard quantity ) | × Standard price

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= $577.5

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3 years ago

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