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lys-0071 [83]
3 years ago
5

Winter Company incurred direct materials costs of $500,000 during the year. Manufacturing overhead applied was $150,000 and is a

pplied at the rate of 75% of direct labor costs. Winter Company's total manufacturing costs for the year was _________.
Business
1 answer:
raketka [301]3 years ago
7 0

Answer:

Winter Company's total manufacturing costs for the year was $850,000

Explanation:

Manufacturing cost is the cost used to manufacture a product, both direct and indirect cost incurred in manufacturing process are included. It is the total value of material cost, labor cost and overhead cost.

Direct Material Cost = $500,000

Manufacturing overhead applied = $150,000

As we know Manufacturing overhead applied was 75% of direct Labor cost.

Direct Labor cost  = Manufacturing overhead applied / 75%

Direct Labor cost  = 150,000 / 75% = $200,000

Total Manufacturing Cost = $500,000 + $200,000 + $150,000 = $850,000

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Answer:

The correct answer is D

Explanation:

Competition is the term which is described as the rivalry among companies selling the similar products and the services in order to achieve or accomplish the market share growth, revenue and profit.

The competition among the business is a contest or the rivalry among the firms or organization to win the revenue. It is the fundamental force, that benefits or advantage the customers as the firms are under the pressure in order to improve the products and also provide or offer the attractive prices.

4 0
2 years ago
Which of the following is considered to be a financial statement?
lakkis [162]

Answer:

Balance sheet

Explanation:

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Which of the following best describes the goal of analyzing
blagie [28]
B. When the goal of analyzing is to determine the strength of the argument
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2 years ago
Sam Robinson borrowed $11,000 from a friend and promised to pay the loan in 10 equal annual installments beginning one year from
Y_Kistochka [10]

Answer:

P = $1790.01

Explanation:

Given data:

Borrowed money = $11,000

Number of installment = 10

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\frac{11,000}{17.53} = P

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PV of annuity = P*[\frac{(1-(1+r)^{-n})}{ r}]

P - Periodic payment

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n - number of periods

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4 0
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Hey, could u help me with this work please​
Cerrena [4.2K]
Yea I have it do you want it
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