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Ira Lisetskai [31]
2 years ago
12

LO 5.2What is the cost of direct labor if the conversion costs are $330,000 and manufacturing overhead is $275,000?

Business
1 answer:
zhenek [66]2 years ago
7 0

Answer:

cost of direct labor =  $55,000

so correct option is A. $55,000

Explanation:

given data

conversion costs = $330,000

manufacturing overhead =  $275,000

to find out

cost of direct labor

solution

we get here cost of direct labor that is express as

cost of direct labor = Conversion costs - manufacturing overhead   ..............1

put here value we will get here

cost of direct labor = $330,000 - $275,000

cost of direct labor =  $55,000

so correct option is A. $55,000

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Projects A and B are mutually exclusive and have an initial cost of $82,000 each. Project A provides cash inflows of $34,000 a y
MrRissso [65]

Answer:

If discount rate is 11.7% Project B should be accepted.

If discount rate is 13.5% both projects should be rejected

Explanation:

If the Net present value of Project A is higher than that of project B, we will accept project A and vice versa.

<u>Under 11.7% Discount Rate</u>

Net Present Value-Project A = -82000 + 34000 / 1.117  +  34000 / 1.117²  +   34000 / 1.117³  = $85.099

Net Present Value-Project B = -82000 + 115000 / 1.117³ = $516.029

Project B should be accepted as it has a higher NPV.

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<u>Under 13.5% Discount Rate</u>

Net present Value-Project A = -82000 + 34000 / 1.135 + 34000 / 1.135² + 34000 / 1.135³   = - $2397.49

Net Present Value-Project B = -82000 + 115000 / 1.135³  = - $3347.91

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3 years ago
Costs being equal, when a firm has a higher value gap than its competitor, it can be inferred that the firm:
Ronch [10]
Can charge a premium price for its items or goods and also for administrations charges usually termed as services .   
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Johnson Company uses the allowance method to account for uncollectible accounts receivable. Bad debt expense is established as a
MArishka [77]

Answer:

1. The Bad debt expense for 2013 is $67,500

2. The amount of accounts receivable written off during 2013 is $69,500

3. If the company uses the direct write-off method, the bad debt expense for 2013 would be $69,500

Explanation:

1.  In order toCalculate the bad debt expense for 2013 we would have to make the following calculation:

Bad debt expense=1.5% of Net Credit Sales

=1.5%×$4,500,000

=$67,500

The Bad debt expense for 2013 is $67,500

2. In order to Determine the amount of accounts receivable written off during 2013 we would have to make the following calculation:

amount of accounts receivable written off=$42,000+$67,500-$40,000

amount of accounts receivable written off=$69,500

The amount of accounts receivable written off during 2013 is $69,500

3. Using direct write off method, the bad debt expense is recognized only when the actual bad debt is incurred. The actual bad expense would be the amount of accounts receivable written off during the year. Accounts receivable written off during the year would be same in both the methods.

Thus, the bad debt expense for the year 2013 would be $69,500.

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3 years ago
While a mechanic works on his car, a taxi driver takes Robert to his job as a warehouse laborer. At the end of his shift, he mak
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They have high school degrees with some or no college experience.

Explanation:

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3 years ago
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tensa zangetsu [6.8K]

After sales figures increase for several months, economic data indicates that retailers are hiring new workers to satisfy increased demand.

All of the other options would show concerning economic signs, not signs of recovery. Recovery happens when there is an upturn in the economy, more hiring and better sales.

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2 years ago
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