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3 years ago

The cost to produce the goods or services sold for a given period is referred to as

Business

1 answer:

SCORPION-xisa [38]3 years ago

3 0

Answer:

The cost of goods sold

Explanation:

The cost of goods sold is the term used to describe the direct expenses incurred by a company in producing the products sold a period. It incorporates the cost of direct labor, direct materials, and overheads used in producing goods that were sold to customers.

The cost of goods sold must not contain indirect expenses such as sales commissions and distribution costs. The aim of calculating the costs of goods sold( COGS) is the find the true cost of the goods purchased by customers. COGS is obtained by adding finished beginning inventory plus net purchases minus finished ending inventory.

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Teams comprised of people from various disciplines are a primary component of ________, which involves product and process desig

nikitadnepr [17]

The answer in the space provided is concurrent engineering. It is because concurrent engineering is the one responsible of having to lead improvement in regards of the organization or company’s reduced cost or its productivity in which is helpful and could brought it for their own benefit.

8 0

3 years ago

Your furniture-making company has a policy of increasing prices 3% per year to keep up with inflation. Last year your luxury cha

NikAS [45]

Answer:

They should be priced $540.75 at this year.

Explanation:

Given that,

Furniture-making company has a policy of increasing prices 3%.

Last year, luxury chairs were priced at $525.

The price of the chair increase= 3% of $525

$=\$(\frac{3}{100}\times 525)$

=$15.75

The price of the luxury chair is=$(525+15.75)

=$540.75

They should be priced $540.75 at this year.

6 0

3 years ago

Darke Corporation makes one product and has provided the following information: Budgeted unit sales for October, November, and D

algol13

Answer:

The estimated finished goods inventory balance at the end of November is closest to: $383,800.

Explanation:

First calculate the units of ending finished goods inventory for November

units of ending finished goods inventory = 10,100 × 40%

= 4,040 units

The determine the unit standard cost

Raw materials ( 5 × $1.00) = $5.00

Direct labor (3.0 × $19.00) = $57.00

Manufacturing overhead : Variable (3.0 ×$11.00) = $33.00

Unit Standard Cost = $95.00

Finished goods inventory balance

Finished goods inventory balance = units of ending finished goods inventory × unit standard cost

= 4,040 units × $95.00

= $383,800

5 0

3 years ago

Seventy-five percent of the research and development and selling expenses were traceable to Askin. Profit before taxes for the A

nirvana33 [79]

Answer: $475,000

Explanation:

75% of both the research and development and selling expenses were traceable to Askin.

= 75% * (1,170,000 + 130,000)

= $975,000

Profit before taxes for Askin = Askin Gross Profit - Share of expenses

= 1,400,000 - 975,000

= $475,000

6 0

3 years ago

A machine has the initial cost (at time zero) of $150,000, an annual maintenance cost of $2,500, and a salvage value of $30,000.

just olya [345]

Answer:

the equivalent uniform annual worth of owning and operting the machien at 5% diiscount rate:

$17,610.88

Explanation:

we will bring each exceptional value to present date and then calcualte the PTM of that

First step:

present value of eahc lump sum:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

overhaul:

Maturity 45,000

time 5

$\frac{45000}{(1 + 0.05)^{5} } = PV$

PV 35,258

Services:

20,000 year 4 = 16,454.05

10,000 year 8 = 6,768.39

salvage value

30,000 10 years = 18,417.40

total present worth:

150,000 + 6,768.39 + 16454.05 + 35258 - 18,417.40 = 190,063.04

now we calcualtethe PTM of this present value

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $190,063.04

time 10

rate 0.05

$190063.04 \div \frac{1-(1+0.05)^{-10} }{0.05} = C\\$

C $ 15,110.881

we add the 2,500 maintenance cost

$17,610.88

This will be the equivalent uniform annual worth of owning and operting the machien at 5% diiscount rate

6 0

4 years ago