Answer:
Option C
Explanation:
Entry: DEBIT CREDIT
Work in Process Inventory 16,640
Manufacturing Overhead(w) 4,160
Wages Payable 20,800
Working: Manufacturing Overhead = 20,800 x 40% = $4,160
Note: In order to find out the work in progress and manufacturing Overhead we will consider sum of all direct cost as Work in progress and allocate the sum of indirect to Manufacturing Overheads.
Answer: identifiable
Explanation: In simple words, identifiable segment refers to that segment of the market or potential market which the interest party can easy understand and verify.
In the given case, Conde nast is going to publish a new magazine and already have the potential customer base list on them.
Hence from the above we can conclude that the segment is identifiable.
Answer:
Annual deposit= $71,428.57 per year
Explanation:
Giving the following information:
You expect to live to 100 and work until you turn 65. You estimate that you will need $100,000 per year.
Every dollar in the plan earns 7% per year.
You have just turned 22 years old.
First, we need to calculate the amount of money necessary in retirement:
Final value= 100,000*35 years= 3,500,000
Now, using the following formula, we calculate the yearly deposit needed:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
n= 65-22= 43
FV= 3,500,000
i=0.07
A= (3,500,000*0.07)/[(1.07^22)-1]
A= 245,000/3.43
A= 71,428.57 per year
Answer:
100,000 for a building and expect to have an extra 40,000 for hair equipment.
Explanation:
Honesty there will be a difference depending on where you live. But even small office space can range from 100,000 to 600,000 and keep in mind that you will need to have anywhere from 40,000 to 250,000 for any hair equipment. Staring a business is not cheap but most people try to start their business off at home they work their way up the ladder to success.
Hope this helps and good luck!
Answer:
$44
Explanation:
Given that
Direct material cost = $17
Direct labor cost = $10
Variable manufacturing overhead = $17
The computation of unit product cost using variable costing is shown below:-
Unit product cost = Direct material cost + Direct labor cost + Variable manufacturing overhead
= $17 per unit + $10 per unit + $17 per unit
= $44
Therefore for computing the unit product cost we simply added the direct material cost, direct labor cost and variable manufacturing overhead.
