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Naddik [55]
3 years ago
11

Concam Inc. manufactures television sets. Last month direct materials (electronic components, etc.) costing $500,000 were put in

to production. Direct labor of $800,000 was incurred, overhead equaled $450,000, and selling and administrative costs totaled $360,000. The company manufactured 8,000 television sets during the month. Assume that there were no beginning or ending work in process balances. The total product costs for last month were:
Business
1 answer:
eimsori [14]3 years ago
3 0

Answer: $1,750,000

Explanation:

Given that,

Direct materials = $500,000

Direct labor = $800,000

Overhead = $450,000

Selling and administrative costs = $360,000

Television manufactured = 8,000

Total Product Cost = Direct material + Direct labor + Direct overhead

                               = $500,000 + $800,000 + $450,000

                               = $1,750,000

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5 0
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Jami is managing an extended advertising campaign for a local convenience store chain. The campaign includes a series of televis
alexandr1967 [171]

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Explanation:

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6 0
3 years ago
Janet saw on the news where a family of seven children perished in a house fire—it was also revealed that the house did not cont
andreev551 [17]

Answer:

Proposition of Fact    

Explanation:

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5 0
3 years ago
James owns a vacant property. By law, he can build the following building types, which generate a return on investment as listed
Dima020 [189]

Answer:

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Explanation:

The formula to compute the return on investment is shown below:

Return on investment = Operating Income ÷ Average Operating Assets

It is a mix of operating income and the average operating assets through the return on investment could be computed

Since the return on investment is already given in the question

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6 0
3 years ago
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irga5000 [103]

Answer:

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Explanation:

The law of demand and supply "is an inverse relationship between the supply and prices of goods and services when demand is unchanged. If there is an increase in supply for goods and services while demand remains the same, prices tend to fall to a lower equilibrium price and a higher equilibrium quantity of goods and services".

So then as we can see if the demand is constant the first sold would be the correct answer for this case. Because assuming the demand constant and we have more than 1 supplier with the same price the first one would sold the good or service on this case the house.

6 0
3 years ago
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