Answer:
Amount of underapplied or overapplied overhead cost for the year
$97000 - Underapplied
Schedule of cost of goods manufactured for the year
Direct Material 3885000
Direct Labor 60000
Overheads 376000
Total Manufacturing Costs 4321000
Add Opening Inventory WIP 400000
Less Closing Inventory WIP (700000)
Cost of Goods Manufactured 4021000
Explanation:
Amount of underapplied or overapplied overhead cost for the year
Underapplied or Overapplied overhead cost =Actual Overhead - Applied Overhead
$473000-$376000= $ 97000
Schedule of cost of goods manufactured for the year
<em>Direct Materials Calculation </em>
Opening 200000
Add Purchases 4000000
Available 4200000
Less Closing Material 300000
Materials Consumed 3900000
Less Indirect Materials 15000
Direct Materials Consumed 3885000
Answer:
B)secure industries that are expected to grow.
Explanation:
The other person was right but just accidently said A) instead of B)
Hope this helps! :D
The era of the marketing evolution in which firms begin to focus on what consumers wanted and needed before designing, making, or selling a product is market-oriented era.
<h3>
What is the market-oriented era?</h3>
It should be noted that around the year 1940s when industries realized that focusing only on their business needs and as a result of this the customers are unsatisfied.
However, the businesses' marketing tactics that is been engaged that time is identifying what customers need and effectively customizing activities .
Find out more on market-oriented era at brainly.com/question/12439497
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Answer:
C, Taxes
Explanation:
Tax is the financial levy or charge imposed on an individual by the government to fund its expenditure.
When a product is purchased, the ownership cost of the product does not include tax because a product is not taxable. The income from the product is taxable but not the product itself.
So when purchasing a product, asides from value added taxes which has been included in the product price, there is no continuous tax payment on the product after its been paid for.
Cheers.
Answer:
a. Delivery service (product) costs = $44,120
b. Period costs = $20,560
Explanation:
a) Delivery service (product) costs
Indirect materials $7,100
Depreciation on delivery equipment $11,900
Dispatcher's salary $5,810
Gas and oil for delivery trucks $2,700
Drivers' salaries $16,300
Delivery equipment repairs <u>$310 </u>
Total <u>$44,120</u>
b) Period costs
Property taxes on office building $950
CEO's salary $12,100
Advertising $5,500
Office supplies $700
Office utilities $1,100
Repairs on office equipment <u>$210 </u>
Total <u>$20,560</u>