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Gwar [14]
3 years ago
10

A partial listing of costs incurred during March at Febbo Corporation appears below: Factory supplies $ 9,000 Administrative wag

es and salaries $ 85,000 Direct materials $ 126,000 Sales staff salaries $ 30,000 Factory depreciation $ 33,000 Corporate headquarters building rent $ 43,000 Indirect labor $ 26,000 Marketing $ 65,000 Direct labor $ 99,000 The total of the manufacturing overhead costs listed above for March is:
Business
1 answer:
Anika [276]3 years ago
7 0

Answer:

$ 68,000

Explanation:

The total manufacturing overhead costs should include the following heads:

Factory Supplies                                           $    9,000

Factory depreciation                                    $   33,000

Indirect labor                                                 $  26,000

Total manufacturing overhead                    $  68,000

The direct materials and direct labor are not part of the manufacturing overhead. though they are part of the manufacturing costs.

The admin  wages and salaries, corporate headquarters rent and the marketing costs are not manufacturing costs

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Anne Mullens is the bookkeeper for DWG Refrigeration Repair. One afternoon while she was preparing the bank deposit, a customer
vesna_86 [32]

Answer:

Anne Mullens committed embezzlement.

Explanation:

Embezzlement is defined as misappropriation of funds by someone with whom funds have been entrusted.

It is a theft as the money does not belong to the perpetrator. The perpetrator is only entrusted with funds.

One of the conditions for embezzlement is an existence of a fiduciary (trust) relationship between parties.

In the given case, Anne Mullens pocketed $57 cash from recorded amount instead of recording 57$ customer's payment via check. Instead she included the customer's check in the money to be taken to bank.

This is embezzlement of funds by Anne.

7 0
3 years ago
Which has a higher flow rate? 10 customers arriving over two hours or 10 customers arriving over three hours?
Tcecarenko [31]

The one that gives a higher flow rate is: 10 customers over 2 hours. The flow rate is 5 customers per hour.

Flow rate is defined as the number of flow units that pass through the business process per unit time.

The flow unit can be money, customers, products, parts, services, etc.

Example of flow rate is number of customers serviced per hour, number of parts produced per minute, etc.

From the definition, the flow rate can be expressed as:

             Flow rate = number of flow unit / time interval

There are 2 scenarios in the given problem.

  • Scenario 1:

Flow unit = 10 customers

Time interval = 2 hours

Hence, the flow rate in scenario 1 = 10/2 = 5 customers per hour

  • Scenario 2:

Flow unit = 10 customers

Time interval = 3 hours

Hence, the flow rate in scenario 2 = 10/3 = 3.33 customers per hour

By comparing the above scenarios, the one that gives higher flow rate is scenario 1, 10 customers over 2 hours.

Read more about flow rate here:

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4 0
2 years ago
How a company can achieve lower production costs and increase productivity
Softa [21]

Answer:

by improving quality of its products or services are as follows: ... So this budget can be reduced due to improving quality of goods.

Explanation:

Production involves all activities that consist of the output of goods and services demanded by people for which they pay the cost.

A company can achieve lower production costs and increase productivity by improving quality of its products or services so that budget can be reduced by correcting any quality issue in the product or service which can be expensive, but less than external failures

Also, production equipment efficiency can be increased if preventive maintenance can be followed as it helps to reduce operating costs per unit.

 

5 0
4 years ago
In the United States, personal success and professional achievement are important motivators, and promotions and increased earni
otez555 [7]

People are often motivated to achieved anything. In the United States, personal success and professional achievement are important motivators is a true statement.

  • The universalist assumption is based on the fact that the motivation process is universal and that all people are motivated to run after goals that they value.

Culture often affects specific content and goals, the specific nature of motivation is different in all cultures.  in China, group affiliation; goal, social harmony are motivations for pursuing goals.

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4 0
3 years ago
Assume that Denis Savard Inc. has the following accounts at the end of the current year. 1.Common Stock14.Accumulated Depreciati
boyakko [2]

Answer:

                                       Denis Savard Inc

                                  Classified Balance sheet

                                                         Amount$    Amount$   Amount$

        Assets

Current Assets

Cash                                                      xxx

Less Cash Restricted for Plant            <u>xxx</u>               xxx

Expansion

Accounts Receivable                           xxx

Less Allowance for Doubtful debt      <u>xxx</u>                xxx

Notes Receivable                                                      xxx

Receivables-Officers                                                 xxx

<u>Inventory</u>

Finished goods                                     xxx

Work in Process.                                   xxx

Raw Materials                                        <u>xxx               xxx</u>

Total Current Assets                                                                    xxx

Stockholders Equity

Common Stock                                      xxx

Add Paid-in Capital in Excess of           <u>xxx</u>

Par-Common Stock.

Total paid in capital                                                   xxx

Add Retained Earnings.                                            <u>xxx</u>

Total paid in capital and retained earnings             xxx

Less Treasury Stock (at cost)                                    <u>xxx</u>

Total Stockholders Equity                                                            <u>xxx</u>

Total Liability and Stockholders Equity                                       xxx

Liability and Stockholders Equity

<u>Current Liability</u>

Salaries and Wages Payable.                                    xxx

Unearned Subscriptions Revenue.                           xxx

Unearned Rent Revenue.                                          <u>xxx</u>

Total Current Liability.                                                                  xxx

<u>Long term liabilities</u>

Bonds Payable (due in 4 years)               xxx

Less Discount on Bonds Payable            <u>xxx             xxx</u>

Total Long term liabilities.                                    .                       xxx

<u>Long term Investment</u>

Preferred Stock (Equity) Investments.                         xxx

Land Held for Future Plant Site..                                  xxx

Cash Restricted for Plant Expansion.                           <u>xxx</u>

Total Long term Investment.                                                        xxx

Property, Plants and Equipment

Building.                                                     xxx

Less Accumulated Depreciation              <u>xxx               xxx</u>

- Buildings

Total Property, Plants and                         .                                   xxx

Equipment

Intangible Assets

Copyrights.                                    .                                xxx

Total Intangible Assets.                                    .                             <u>xxx</u>

Total Assets.                                    .                                              <u>xxx</u>

3 0
3 years ago
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