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Ket [755]
4 years ago
15

Standard Direct Materials Cost per Unit

Business
1 answer:
denis-greek [22]4 years ago
6 0

Answer:

Unitary Direct material cost= $0.16 per  bar

Explanation:

Giving the following information:

The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The standard costs for a batch of chocolate (5,200 bars) are as follows:

Ingredient Quantity Price

Cocoa 400 lbs. $1.25 per lb.

Sugar 80 lbs. $0.40 per lb.

Milk 120 gal. $2.50 per gal.

Unitary Direct material cost= (400/5,200)*1.25 + (80/5,200)*0.40 + (120/5,200)*2.5= $0.16 per  bar

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On October 31, 2015, the bank statement shows that your company has $12,956.73 in its checking account. You are aware of three o
seraphim [82]

Answer:

C. $11,498.73.

Explanation:

Solving this question, we will have to make use of this formula:

The Adjusted Bank Balance = Unadjusted Balance as per Bank Statement as at Oct 31, 2015 - Checks Outstanding

= $12,956.73 - $2,112.19 = $10,844.54

Now,

Before the adjustment on the 31st of October, 2015,

The Cash account Balance = Adjusted Bank Balance + insufficient funds checks

= $10,844.54 - $654.19 = $11,498.73

Hence third option in the question is the correct answer.

4 0
3 years ago
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Neither tom ________ manny has emailed the document to jerusha.
allochka39001 [22]

Neither tom nor manny has emailed the document to jerusha.

<h3>What is email?</h3>

Email contains information or message that is sent electronically.

Neither agrees with nor in a sentence as they both act as conjugate and this means neither of the two emailed Jerusha.

Therefore, Neither tom nor manny has emailed the document to jerusha.

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6 0
2 years ago
The income statement of Sheffield Corp. for 2020 included the following items: Interest revenue $137000 Salaries and wages expen
Gnoma [55]

Answer:

$133,800

Explanation:

Calculation for The cash received for interest during 2014

Using this formula

2014 Cash received for interest=Interest revenue-2014 Interest receivable+2013 Interest receivable

Let plug in the formula

2014 Cash received for interest=$137,000-$18,200+ $15,000

2014 Cash received for interest=$133,800

Therefore The cash received for interest during 2014 was:$133,800

4 0
3 years ago
In some cases, it is safe to avoid insurance because
Brums [2.3K]
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Some advantages of the sole proprietorship also apply to the small business​
Alexandra [31]

Answer:

The statement is True.

Explanation:

There are many forms of business. Partnership, limited liability, sole proprietor, commercial, etc. Sole proprietorship is a business that is owned and run by a single person. That person is the owner of the business. We can call him an entrepreneur, or sole proprietor, or single trader, etc. There are many disadvantages of running business individually, as you are the one who is solely responsible for all the liabilities of the business. But at the same time, sole proprietorship has some benefits associated with it for the small business owners. The main advantage of running the business single handed is to enjoy the whole profit made out of the business. When the owner is responsible for all the liabilities of the company, just like that, he is the one who is receiving all the profits from the business. So when business is small, there is no need to divide the small amounts of profits between the shareholders. All the profit is kept by the individual owner.  

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