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saul85 [17]
3 years ago
6

DistaBricks manufactures custom brick and applies job-order costing. The following information relates to the fiscal year ending

December 31, 2013.
Beginning balance in Raw Materials Inventory $ 13,600

Purchases of raw material 211,000
Ending balance in Raw Materials Inventory 15,100
Beginning balance in Work in Process 18,700
Ending balance in Work in Process 16,500
Direct labor cost 78,600
Manufacturing overhead applied 47,900
Actual manufacturing overhead 44,800
Beginning balance in Finished Goods 26,200
Ending balance in Finished Goods 24,500
Sales 421,000
Selling expenses 115,400
General and administrative expenses 75,900
How much is the cost of direct materials transferred into production?
Business
1 answer:
MA_775_DIABLO [31]3 years ago
6 0

Answer:

$209,500

Explanation:

Given that,

Beginning balance in Raw Materials Inventory = $ 13,600

Purchases of raw material = $211,000

Ending balance in Raw Materials Inventory = $15,100

Cost of direct materials transferred into production:

= Beginning balance in Raw Materials Inventory + Purchases - Ending balance in Raw Materials Inventory

= $ 13,600 + $211,000 - $15,100

= $209,500

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James purchased liability insurance with a $100,000 limit from insurer A. To add more coverage, he bought a second liability pol
padilas [110]

Answer:A. $24,000

B. 36,000

Explanation:

The loss incurred by James is less than his coverage with each of the insurer.

The sum is apportioned on pro rata basis on the ratio of total insured.

$100,000 + $150,000=$250,000

A share is $100,000/$250,000/* $60,000

A= $24,000

B= $100,000/$250,000*$60,000

= $36,000

8 0
3 years ago
Why should the people on the RA team be different from the people responsible for correcting deficiencies?a. to avoid potential
NemiM [27]

Answer:

The correct answer is the option C: To avoid conflicts of interest.

Explanation:

To begin with, the term of risk assesstment refers to the process of identifying and analyzing possible future threats that may cause harm to the individuals or the assets of the company and from there on to evalute possible solutions to those situation that the company does not want to. Moreover, the risk manager is the one who should take care of those aspects and therefore that an RA team is the one that is being under his commands and should focus on the fact of identifying and analyzing the problems as well as evaluating instead of correcting some of those deficiencies and therefore that they need to have a different mind in the theme because they need to avoid conflicts of interest with the other team that is responsible from correcting.

8 0
2 years ago
You want to have $18,000 in 9 years for a dream vacation. If you can earn an interest rate of .5 percent per month, how much wil
stiks02 [169]

Answer:

$10,503.59

Explanation:

This question requires us to find how much you have to deposit today if:

Fv = 18,000

Time = 9 years

PV= fv/(1 + i)^n

N = 9 X 12 = 108

I/y = 0.5%

PV = $18,000 / 1.005^108

= $10,503.59

Therefore what you have to deposit today is $10,503.59

5 0
3 years ago
For any external resources that are used on the project, such as subcontractors, consultants, or vendors, the______ will define
Anastaziya [24]

Answer: project manager

     

Explanation: The project manager's role. A project manager is a person who is responsible for initiating, preparing, designing, implementing, tracking, overseeing and closing a project successfully. A project manager is a person in charge for both smaller and larger decision-making.

  Hence, as he or she is responsible for successful completion it is the responsibility of the project manager to define, approve and acquire all the documentation needed regarding the project.

6 0
3 years ago
A firm will work with a customer to design the product, and then make it from purchased materials, parts, and components. this f
drek231 [11]

A firm will work with a customer to design the product, and then make it from purchased materials, parts, and components. this firm is called <u>a make order firm.</u>

<u />

A firm is a for-profit business, generally formed as a partnership that provides professional services, along with criminal or accounting offerings. The theory of the firm posits that firms exist to maximize profits.  The term firm is synonymous with enterprise or organization. firms can operate beneath several distinct structures, including sole proprietorships and corporations.

In income, commerce, and economics, a customer is a recipient of a good, service, product, or idea - obtained from a seller, vendor, or supplier via a monetary transaction or change for money or some other valuable consideration.

learn more about the organization here brainly.com/question/19334871

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8 0
2 years ago
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