Answer:
$310,000
Explanation:
Direct costs are all the costs which is directly traceable to the product. These are the costs which can be assigned specifically to a product / project / department.
Direct Material = $180,000
Direct Labor = $130,000
Total Direct Cost = $180,000 + $130,000 = $310,000
$310,000 should be traced to specific products in the process.
Answer:
The answers are the first and last sentence - "Storing and maintaining goods in a warehouse is a major cost in the distribution channel." & "Often, the retailer and manufacturer contribute to the expenses of store displays together, including end-of-the-aisle promotion."
Explanation:
According to Edmentum:
Warehousing: <u>In the distribution channel, storing and maintaining goods in a warehouse involves major cost.</u> Normally, wholesalers and distributors bear the cost of warehousing.
Delivery expenses: These expenses include the cost of transportation equipment, such as ships, trucks, and trains. Wholesalers usually use courier services to deliver goods to retailers.
Selling expenses: Retailers use various strategies to boost the sales of products in their stores. <u>Often, the retailer and manufacturer together contribute to the expenses of store displays, including end-of-the-aisle promotion.</u>
Answer: 1.29
Explanation:
The following can be deduced from the question:
EBIT = $375000
Interest expense = $75000
EBT = EBIT - Interest Expense
= $375000 - $75000
= $300000
Before tax preference dividend
= Preferred dividend / (1 - Tax rate)
= 6000 / (1 - 40%)
= 6000 / 60%
= 6000 / 0.6
= $10000
The firm's degree of financial leverage will then be:
= EBIT / (EBIT - Interest expense - Before tax preference dividend)
= 375000 / (375000 - 75000 - 10000)
= 375000 / 290000
= 1.29
Therefore, the firm's degree of financial leverage is 1.29.
Answer:
The balance in Eve's prepaid insurance as of December 31, 2016 is $18,000
Explanation:
The computation of the balance of prepaid insurance is shown below:
= Per month policy one amount × total number of months in a year + Per month policy one amount × total number of months in a year
where,
Per month liability policy amount = Insurance amount ÷ given months
= $36,000 ÷ 18 months
= $2,000
Per month crop damage policy amount = Insurance amount ÷ given months
= $12,000 ÷ 24 months
= $500
Now put these values to the above equation
So, the value would equal to
= ($2,000 × 12 months) ÷ 12 months + $500 × 12 months
= $12,000 + $6,000
= $18,000
For computing the December 2016, we divided the 12 months from the liability policy
Explanation:
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