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3 years ago

The following information is available for the first month of operations of Lane Inc., a manufacturer of mechanical pencils:

Business

1 answer:

aniked [119]3 years ago

7 0

Answer:

a. Cost of goods sold = Sales - Gross profit

= $416,720 - $242,950

= $173,770

b. Direct materials cost = Materials purchased -Indirect materials - Materials inventory, end of period

= $128,350 - $45,220 - $17,090

= $66,060

c. Direct labor cost =Total manufacturing costs for the period - Direct materials cost - Factory overhead

= $239,610 - $66,060 - ($90,430 + $45,220 + $13,750)

= $239,610 - $66,060 - $149,380

=$239,610 - $215,440

=$24,170

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Ksju [112]

Answer:

22.85

Explanation:

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Payment (PMT) : $40,000 per year

We can use excel to calculate the maximum number of whole payments that can be withdrawn before the account is exhausted

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3 years ago

Locking a cell so that others cannot alter its contents is known as _____.

Readme [11.4K]

I would say the correct answer is cell protection. It is when you prevent others to edit or change the contents of certain cells in a sheet. In doing this, you first unlock all cells. Then, select the cells you want to lock then select the option to lock them. Hope this helped.

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2 years ago

The Reading Co. has adopted a policy of increasing the annual dividend on its common stock at a constant rate of 3 percent annua

kicyunya [14]

Answer:

$1.07

Explanation:

In this question ,we use the formula which is shown below:

A = P × (1 + r ÷ 100)^n

where,

P = Present value $0.90

A = Future value

rate =3%

number of years = 6

Now put these values to the above formula

So, the value would be equal to

= $0.90 × (1 + 3%)^6

= $0.90 × 1.03^6

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= $1.07

We considered all the items so that the correct dividend can come

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2 years ago

Joe Jones has put in place a new set of performance metrics for the Logistics Department at his firm. He is convinced that these

AnnZ [28]

Answer:

Motivating objective

Explanation:

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3 years ago

Jamie works as a salesperson at a car dealership. He takes his sales very seriously. After selling a car to a customer, he waits

Aliun [14]

Answer:

The correct answer is E

Explanation:

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So, in this case, the sales person, who made a sales through selling a car to customer, tries to reinforce the fact by asking after 2 weeks, that they made a smart investment. Therefore, he is trying to reduce or decrease the cognitive dissonance.

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2 years ago