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DiKsa [7]
3 years ago
13

A company incurred the following costs: $6,000 for indirect labor; $26,000 for direct labor; $2,500 for utilities for the factor

y building; $10,300 for factory equipment depreciation; $8,700 for office equipment depreciation. The total overhead costs reported on the schedule of cost of goods manufactured is
Business
1 answer:
Mumz [18]3 years ago
3 0

Answer:

$18,800.00

Explanation:

Overhead costs are the indirect and fixed expenses that cannot be directly associated with a product. They are associated with the production or manufacturing of goods.

In this case

The manufacturing expenses that cannot be attached to a product are

Indirect labor:     $ 6,000.00

Factory utilities:     $ 2,500.00

factor equipment deprecation  <u>$10,300.00</u>

      <u>$18,800.00</u>

Total overhead costs are $18,800.00

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When compared to internal recruitment, an advantage of external recruiting is that ______________________________. a. its select
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Answer:

d. it has the potential to generate larger applicants pools.

Explanation:

A business can choose to fill a vacancy by internal recruitment if it wants to hire or fill the vacancy immediately or if the company work is of complex nature that only internal employees can understand quickly and hiring external will consume time for learning and development. The cons of internal recruitment includes that a company can limit the new talent and fresh blood. The advantage of external recruitment is that it has potential to generate larger pool of applicants and bring new talent, more skilled or qualified candidates can be hired to the company.

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What is economic studies
azamat

Answer:

economic studies is about economic growth, strong labor market, sound fiscal and monetary policy.

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Imagine that a researcher wants to test the hypothesis that getting married increases happiness. he finds 100 people who are mar
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Answer: This is a qualitative research design.

A qualitative research design is usually used when one wants to understand people’s experiences, that are not usually quantifiable.

This research design does not aim to build a model and predict values. Rather, <u>it’s aim is to explore and understand existing experiences.  </u>

In a qualitative research design, the researcher decides the hypothesis that needs to be tested even before collecting the data. The researcher then collects the data, analyses it and interprets the results himself.

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A firm's cost of equity is 22%. Its before-tax cost of debt is 13% and its marginal tax rate is 21%. The firm's capital structur
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Answer:

WACC= 17.95%

Explanation:

Weighted average cost of capital is the average cost of all of the long-term types of finance used by a company weighted according to the that amount of finance used in relation to the total pool of fund.

It is calculated using the formula below:

WACC = (We×Ke)  +  (Wd×Kd)

Ke-cost of equity- 22%

We- equity weight- 100% - 45% = 55%

Kd-After tax cost of debt-10.3%

Wd- 45%

After tax cost of debt = Before tax ×× (1- tax rate)

After tax cost of debt = 13%× (1-0.21) = 10.3%

Cost of equity = 22%

WACC =(0.55× 22%) + (0.45× 13%)=17.95%

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3 years ago
Assume a drought in the Great Plains reduces the supply of wheat. Noting that wheat is a basic ingredient in the production of b
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Answer:

price of wheat to increase, the supply of bread to decrease, and the demand for potatoes to increase.

Explanation:

A drought will reduce the supply of wheat thereby causing the supply curve to shift upwards (to the left) leading to an increase in the price of wheat. Since wheat is a basic ingredient in producing bread, an increase in the price of wheat will increase the cost of producing bread. An increase in cost of producing bread will reduce the supply of bread, shifting the supply curve to the right.

Potatoes and bread are close substitutes and therefore, have a competitive demand. An increase in the price of bread will increase the demand for potatoes because rational consumers will opt for a cheaper alternative considering their money income.

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3 years ago
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