1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ser-zykov [4K]
3 years ago
10

Barrington Bears has developed the following sales forecasts for the next few months. January 500, February 600, March 720, Apri

l 800 and May 770. BB has 80 bears on hand on Dec. 31. Normal ending inventory policy is to hold 20% of next month’s sales. Each bear needs .8 yards of fabric and two pounds of stuffing. Fabric is budgeted to cost $15 per yard and stuffing $4 per pound. Direct labor is paid $18 per hour. Each bear takes 40 minutes to hand-finish. Variable overheads total $21 per direct labor hour. Fixed overheads amount to $25,000 per month. Eighty yards of fabric and 100 pounds of stuffing were in stock at year-end. Ten percent and 25% of next month’s stuffing and fabric needs respectively are planned for raw materials ending inventory each month. What are budgeted conversion costs for January?
$35,000
$37,400
$39,040
$41,200
None of the above
Business
1 answer:
Oduvanchick [21]3 years ago
5 0

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Barrington Bears has developed the following sales forecasts for January 500 units.

BB has 80 bears on hand on Dec. 31. The normal ending inventory policy is to hold 20% of next month’s sales.

Direct labor is paid $18 per hour. Each bear takes 40 minutes to hand-finish. Variable overheads total $21 per direct labor hour. Fixed overheads amount to $25,000 per month.

First, we need to calculate the production for January.

Sales= 500 units

Ending inventory= (600*0.2)= 120 units

Beginning inventory= 80 (-)

Total= 540 units

Conversion costs= direct labor + manufacturing overhead

Direct labor= [(40/60)*540]*$18= $6,480

Variable overhead= 21*360 hours= $7,560

Fixed overhead= $25,000

Total conversion costs= $39,040

You might be interested in
Denmark is a good example of a nation-state because:.
inna [77]

Denmark is a good example of a nation-state because nearly all Danes speak D.anish and live in Denmark.

<h3>What is nation-state?</h3>

Basically, a nation-state refers to sovereignty or state that is ruled in the name of a community of citizens that identify themselves as a nation.

Generally, the main component of a nation-state is presence of only one culture and language.

Therefore, the Option A is correct.

Read more about nation-state

<em>brainly.com/question/15232128</em>

8 0
2 years ago
Radford Inc. manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and
Leni [432]

Answer: Please find answers in explanation column

Explanation:

To record flow of cost of raw materials

     Account                                               Debit           Credit  

1) Work in process-Refining department $385,000  

            Raw           Materials                                            $385,000

To record flow of  labour cost

Account                                                         Debit           Credit  

2) Work in process-Refining department    $143,000  

          Wages payable                                $143,000

To record applied factory overhead

Account                                                           Debit           Credit  

3) Work in process-Refining department    $99,000  

factory overhead-refining department                             $99,000  

Entry to record the transfer of production costs to the second department, Sifting.

Account                                                    Debit           Credit  

4) Work in process-Sifting department $626,800  

Work in process-Refining department                           $626,800

calculation

Beginning work in process +   raw material + wages payable + factory overhead - ending work in process

$29,600 + $385,000+ $143,000 +$99,000 - $29,800   =$626,800

6 0
3 years ago
How is granite made i will give brainliest if right ?
IRINA_888 [86]

Answer:

Granite is a light-shaded molten stone with grains adequately huge to be obvious with the independent eye. It structures from the moderate crystallization of magma beneath Earth's surface. Stone is made basically out of quartz and feldspar with minor measures of mica, amphiboles, and different minerals. Granite slabs are gotten from unique locales that are known as quarries. Utilizing incredible machines, a mining organization mines and shoots crude rock out of the quarry. Processing Machines Cut the Slabs. After rock has first been mined out of the earth, it will be in an exceptionally harsh structure.

Explanation:

3 0
3 years ago
Which of the purchases is more likely to be paid for with a credit card?
Andru [333]
Probably something with a huge value 
8 0
3 years ago
Read 2 more answers
an organization founded by businesses in a specific in a specific industry for the purpose of collaborating within the industry
olga nikolaevna [1]
The answer to the question that is being presented aboev would be an association. An organization founded by businesses in a specific industry for the purpose of collaborating within the industry and advocating for theirworkers is called an association. 
6 0
2 years ago
Other questions:
  • Consumers will willingly make less-informed decisions: a. ​ if information costs are less than the perceived benefits of gatheri
    10·1 answer
  • Drag the tiles to the correct boxes to complete the pairs.Match the specifications to the criteria that the bank looks into befo
    7·1 answer
  • Cooperation among oligopolies runs counter to the public interest because it leads to underproduction and high prices. In an eff
    13·2 answers
  • When a country chooses to limit the kinds of goods or services it produces, it is practicing
    5·2 answers
  • In which of the following scenarios would the short-cut method be permissible? A) A lease term of 6 months with an option to ren
    7·1 answer
  • Dock Corporation makes two products from a common input. Joint processing costs up to the split-off point total $33,600 a year.
    8·1 answer
  • A friend tells you that they cannot pay for for the standardized tests that need to be taken to apply for college and military s
    7·1 answer
  • 1. What's the main reason our culture has normalized credit cards over the past 60 years? What can we do to change the normaliza
    15·1 answer
  • Assume an employee can work for only one company. What is the best suitable relationship between Company and Employee
    11·1 answer
  • Which stage of the money laundering process occurs when funds gained from criminal activity enter the financial institution?.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!