Answer:
Option (d) is correct.
Explanation:
Given that,
Direct materials = $44,200
Direct labor = $31,800
Manufacturing overhead = $25,200
Selling expenses = $22,100
Administrative expenses = $37,100
Conversion cost:
= Direct labor + Manufacturing overhead
= $31,800 +$25,200
= $57,000
Therefore, the conversion costs during the month totaled $57,000.
Answer:
D) F.O.B.
Explanation:
Based on the scenario being described within the question it can be said that the included term would be F.O.B. This is a contractual term meaning Free on Board, and immediately specifies that the seller will deliver the goods at their own cost , through a specific route to the destination set forth by the buyer. Once the goods arrive the responsibility is no longer the sellers.
Answer:financial accounting, managerial accounting
Explanation:
Answer:
The total proceeds from the common-stock sale amounts to $139,500,000
Explanation:
The aggregate proceeds from the sale of common stock is computed as:
Total proceeds from sale of common stock = Number of shares issued × Offer Price per share
where
Number of shares issued is 5 million that is 5,000,000
Offer Price per share is $27.90
By putting the values in the above formula:
= 5,000,000 × $27.90
= $139,500,000
Answer:
True
Explanation:
If more money is coming into your account as compared to going out then you are in "positive cash flow". This means that you are in a situation where you can easily pay your bills and also save some money which is good.
If less money is coming into your account as compared to going out then you are in "negative cash flow". This means that you are in a situation where it is very diificult for you to cover your bills and you need more money to survive.
To conclude, the statement is true that you can give yourself a raise by increasing the flow of money into your account and decreasing the out flow.
