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3 years ago

Your _______ should furnish enough money to live on, in an emergency, for six months.

1 answer:

8 0

Your A) SAVINGS should furnish enough money to live on, in an emergency, for six months.

Savings should at minimum be equivalent to the amount you spend for your basic needs for a month. Multiply it for 6 months because in case you are unemployed, you will still be able to meet your needs for six months. Giving you time to recoup and find other employment.

IRA is Individual Retirement Account - This is intended for your retirement.
Investments are usually bonds or securities which may take quite some time before it can be liquidated.

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Arntson, Inc., manufactures and sells two products: Product R3 and Product N0. The annual production and sales of Product of R3

Tcecarenko [31]

Answer:

$695.24 per unit

Explanation:

Calculation to determine what The unit product cost of Product R3 under activity-based costing is closest to

First step is to Calculate Activity rates

Activity Cost Pool Activity driver Overhead Cost (A) Expected Activity (B) Activity rate (A/B)

Labor related Number of DLH $ 40,636÷13,000 = 3.13 Per DLH

Production orders Number of Order 65,880÷ 1,600= 41.18 Per Order

Order size Number of MH 433,075÷ 7,600 = 56.98 Per MH

Second step is to calculate the Cost assigned to Product R3

Cost assigned to Product R3

Activity name Activity Rates Activity ABC Cost

(A) (B) (A x B)

Labor related 3.13 * 11,000 =$34,430

Production orders 41.18* 1,200=$49,416

Order size 56.98*3,900= $222,222

Total Overheads assigned $306,068

($34,430+$49,416+$222,222)

Production 1,100

Overhead cost per unit $278.24

Product R3

Direct material $211

Direct labor (10x $20.60 per DLH) $206

Overheads $278.24

Total Cost per unit $695.24

($211+$206+$278.24)

Therefore The unit product cost of Product R3 under activity-based costing is closest to $695.24 per unit

3 0

3 years ago

Hello kumusta ang lahat

Ira Lisetskai [31]

Answer:

hello right back to to you

whats up?

3 0

3 years ago

"which always increase(s) as output increases?"

marta [7]

Answer: d. total cost and variable cost

A variable cost is a company expense that changes in parallel with production output. They rise as production increases.

Total cost refers to the total company expense incurred in producing a particular level of output. Same with the variable cost, it increases as production increases.

6 0

3 years ago

Presented below is information related to Lexington Real Estate Agency.

Ber [7]

Answer:

Oct 1

DR Cash............................................................................$20,000

CR Common Stock.........................................................................$20,000

Oct 2. No entry required

Oct 3

DR Office Furniture .....................................................$2,300

CR Accounts Payable................................................................$2,300

Oct 6

DR Accounts Receivable.............................................$3,600

CR Service Revenue - Realty services...................................$3,600

Oct 27

DR Accounts Payable ..................................................$850

CR Cash .......................................................................................$850

Oct 30

DR Salaries Expense ....................................................$2,500

CR Cash ..........................................................................................$2,500

3 0

3 years ago

Bledsoe Corporation has provided the following data for the month of November: Beginning Ending Raw materials $ 25,100 $ 21,100

tamaranim1 [39]

Answer:

Bledsoe Corporation

Schedule of Cost of goods manufactured

Particulars Amount

Direct materials:

Beginning material inventory $25,100.00

Add: Purchases $72,100.00

Raw material available for use $97,200.00

Less: Ending material inventory $21,100.00

Raw material used in production $76,100.00

Less: Indirect material $4,010.00 $72,090.00

Direct labor $92,100.00

Manufacturing overhead applied $41,100.00

Total manufacturing costs $205,290.00

Add: Beginning WIP $17,100.00

Total cost of work in process $222,390.00

Less: Ending WIP $10,100.00

Cost of goods manufactured $212,290.00

Bledsoe Corporation

Schedule of COGS

Particulars Amount

Cost of goods sold:

Beginning finished goods inventory $48,100.00

Add: Cost of goods manufactured $212,290.00

Cost of goods available for sale $260,390.00

Less: Ending finished goods inventory $56,100.00

Unadjusted cost of goods sold $204,290.00

Add: Underapplied overhead $1,010.00 ($42,110 - $41,100)

Adjusted cost of goods sold $205,300.00

3 0

3 years ago