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mezya [45]
3 years ago
13

Harp Music Corporation manufactures violins, violas, cellos, and fiddles and uses a job-order costing system. What account shoul

d Harp debit when the production manager has earned her salary? A. Direct Labor B. Work in Process C. Manufacturing Overhead D. Salaries and Wages Receivable E. Salaries and Wages Expense
Business
1 answer:
pickupchik [31]3 years ago
7 0

Answer:

C. Manufacturing Overhead

Explanation:

Overhead production costs are all production costs associated with the cost object but not economically viable to this cost issue.E.g. the expense of machinery used during production is depreciated in the manufacturing overhead category. Manufacturing plant property taxes. Rent at the site of the plant. Support workers wages. Production managers ' wages.e.t.c

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Furniture Face Lift refinishes old wood furniture. Their process for refinishing chairs has 8 workers and 4 stations. Each chair
vichka [17]

Answer:

13.19 hours

Explanation:

Station    Staffing     Processing time (Hours     Capacity = Staffing /

                                    per chair per worker)         Processing time

Stripping     3                            2.5                                   1.2

Priming        2                            1.5                                   1.33

Painting       3                            1.75                                 1.714

Inspection    1                            0.8                                  1.25

Stripping has the lowest capacity, hence it will be having bottleneck, thus the process capacity is 1.2.

Total time to produce the 1st chair = 2.5 + 1.5 + 1.75 + 0.8

Total time to produce the 1st chair = 6.55 hours

Time to produce subsequent chair = 1/1.2

Time to produce subsequent chair = 0.83 hrs

Total time taken to produce 10 chairs = 6.55 hours + 0.83 hrs*8 Workers

Total time taken to produce 10 chairs = 6.55 hours + 6.64 hours

Total time taken to produce 10 chairs = 13.19 hours

5 0
3 years ago
If people expect the price of packaged coffee to rise next week, coffee demand will:
SVETLANKA909090 [29]
Increase, assuming packaged coffee=coffee, people will demand more coffee being aware that its price will be increased, thus they will try to consume its benefits before its price goes up.

4 0
3 years ago
What is the value of a 1000 dollar investment that loses 5% each year
irinina [24]

Answer:

$663.42

Explanation:

1000(0.95)^8

= $663.42

4 0
3 years ago
Zippy had cash inflows from operations $60,500; cash outflows from investing activities of $47,000; and cash inflows from financ
ehidna [41]

The net change in cash formula can be this easy:

Add the two cash inflows and subtract the cash outflows.

So In here we have;

Cash inflows from operations = $60,500

Cash inflows from financing = $25,000

Cash outflows from investing activities = $47,000

$60,500 + $25,000 - $47,000 = $38,500


The net change in cash was $38,500

3 0
3 years ago
Summit Products, Inc. is interested in producing and selling an improved widget. Market research indicates that customers would
astra-53 [7]

Answer:

$60

Explanation:

For computing the target cost, first we have to determine the profit per unit which is shown below:

= Selling price × return on sales percentage

= $80 × 25%

= $20

Now the target cost would be

= Selling price per unit - profit per unit

= $80 - $20

= $60

All other information which is given is not relevant. Hence, ignored it

8 0
3 years ago
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