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4 years ago

The Darwin Company reports the following information:

Business

1 answer:

fredd [130]4 years ago

5 0

Answer:

c. $24,500

Explanation:

Period cost will be those which are not capitalized under an asset account. In this case the materials, direct labor and factory overhead component will be capitalizesd through inventory thus, are not period cost.

While the sales and office salaries will not be capitalized against any asset account, thus: period cost.

Sales salaries expense 15,600

Office salaries expense 8,900

Total period cost: 24,500

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Koczela Inc. has provided the following data for the month of May: Inventories: Beginning Ending Work in process $ 20,000 $ 15,0

maria [59]

Answer:

$219,000

Explanation:

For computation of cost of goods manufactured for May first we need to find out the total manufacturing cost is shown below:-

Total manufacturing cost = Direct material + Direct labor + Manufacturing overhead cost applied to Work in Process

= $60,000 + $90,000 + $64,000

= $214,000

cost of goods manufactured for May = Total manufacturing cost + Beginning work in progress - Ending work in progress

= $214,000 + $20,000 - $15,000

= $234,000 - $15,000

= $219,000

8 0

3 years ago

If you become nervous in an interview and lose your train of thought, you should _____.

Tresset [83]

Explanation:

pause and take a deep breath

6 0

3 years ago

Read 2 more answers

Steady Company's stock has a beta of 0.18. If the risk-free rate is 6.1 % and the market risk premium is 6.9 %, what is an es

ahrayia [7]

Answer:

Steady Company's cost of equity is estimated to be 7.342%

Explanation:

The cost of equity is the return that is required by the holders of common stock in the company.

Cost of Equity = Return on Risk free Securities + Beta × Risk Premium

= 6.1 % + 0.18 × 6.9 %

= 7.342%

Therefore, Steady Company's cost of equity is estimated to be 7.342%.

6 0

4 years ago

If the price of good X rises and the demand for good X is inelastic, then the percentage fall in quantity demanded is __________

Dominik [7]

If the price of good X rises and the demand for good X is inelastic, then the percentage fall in quantity demanded is greater than the percentage change in price, and total revenue falls.

Demand elasticity, often known as the elasticity of demand, gauges how consumers react to changes in price or income. Due to the fact that the price of a good or service is the most typical economic component used to measure it, it is frequently referred to as price elasticity of demand.

The whole amount of money a seller can make by providing goods or services to customers is known as total revenue. The formula for this is P $\times$ Q, or the purchase price times the quantity of the products sold.

Learn more about elasticity of demand here brainly.com/question/24384825

#SPJ4

6 0

2 years ago

Shannon Company segments its income statement into its North and South Divisions. The company’s overall sales, contribution marg

a_sh-v [17]

Answer:

North Division:

Sales 154,000 12.8%

Variables Cost 101,640 8.44%

Contribution Margin 52,360 4.39%

South Division:

Sales 1,050,000 87.20%

Variables Cost 630,000 52.33%

Contribution Margin 420,000 34.84%

Total Contribution 472,360 39.23%

Fixed Cost 262,500 21.18%

Net Income 209,860 17.43%

Explanation:

First we do the income statements

then we add both sales figures together:

154,000 + 1,050,000 = 1,204,000

And add the percentajeof sales for each line

4 0

4 years ago