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DerKrebs [107]
3 years ago
11

Conversion costs include​ ________. A. direct labor and manufacturing overhead costs B. direct material and direct labor costs C

. product and period costs D. direct​ material, direct​ labor, and manufacturing overhead costs
Business
1 answer:
amm18123 years ago
5 0

Answer:

A. direct labor and manufacturing overhead costs.

Explanation:

In Financial accounting, conversion costs comprises of all the costs associated with the conversion of raw materials into finished goods or products. These costs are usually calculated by the addition of direct labor and manufacturing overhead.

<em>Hence, conversion costs include​ direct labor and manufacturing overhead costs. </em>

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Wilt's has earnings per share of $3.98 and dividends per share of $1.35. What is the firm's sustainable rate of growth if its re
sasho [114]

Answer: 8.05%

Explanation:

Given that,

Earnings per share (EPS) = $3.98

Dividends per share(DPS) = $1.35

Return on assets(ROA) = 14.6%

Return on equity(ROE) = 12.2%

Plowback Ratio = \frac{EPS - DPS}{EPS}

                          = \frac{3.98 - 1.35}{3.98}

                          = 0.66

Therefore,

sustainable rate of growth = ROE × Plowback Ratio

                                            = 12.2% × 0.66

                                            = 0.0805

                                            = 8.05%

3 0
3 years ago
Bradley Company purchased a machine for $34,000 on January 1, 2017. It depreciates the machine using the straight-line method ov
Debora [2.8K]

Answer:

$12,500

Explanation:

Depreciation Expense = (Book Value of machine - Residual Value)/Useful Life

                                    = ($34,000 - $2,000)/8

                                    = $4,000 per year

Depreciation Expense for years 2017 & 2018 would be $4,000 X 2 = $8,000

Net book Value on January 1, 2019 = $34,000 - $8,000 = $26,000

New Residual Value = $1,000

New Useful Life = 8 - 2 - 4 = 2 Years

Depreciation expense for 2019 = ($26,000 - $1,000)/2 = $12,500

3 0
3 years ago
A machine makes three different components used in a gyroscope. Call these components A, B, and C. The following repeating sched
julsineya [31]

Answer:

350

Explanation:

Calculation for How many components are made in the production cycle

Components A 100 units

Components B 50 units

Components C 200 units

Total 350 components

Therefore How many components are made in the production cycle is 350 components

3 0
2 years ago
Florida state saving bond can be converted to $1000 at maturity date of five year from purchase if the state bond are to be comp
melisa1 [442]

Answer:

The price will the state bonds sell would be $951.46

Explanation:

In order to calculate the price will the state bonds sell we would have to make the following calculation:

price will the state bonds sell=price to be converted/(1+interest rate)∧n

According to given data we have the following:

price to be converted=can be converted to $1,000 at maturity date of five year from purchase

interest rate=1%

n=5

Therefore, price will the state bonds sell=$1,000/(1+1%)^5

price will the state bonds sell=$951.46

The price will the state bonds sell would be $951.46

3 0
3 years ago
How does a policy manual help an organization
eimsori [14]
It helps an organization because that is their rules and regulations and standards that employers have to follow. An example of how the manual can help an organization is if you purchase something and the policy says you have 30 days to return it and you return it 31 days later they will not be able to take it because that is one of their rules. 
4 0
2 years ago
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