1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Well before the introduction of its Karma Drone, GoPro conducted a thorough environmental scan and discovered a substantial incr
riadik2000 [5.3K]

Answer:

Correct option is New product strategy

Explanation:

Environmental scanning is a process that systematically surveys and interprets relevant data to identify external opportunities and threats. An organization gathers information about the external world, its competitors and itself. The company should then respond to the information gathered by changing its strategies and plans when the need arises.

3 0
4 years ago
Read 2 more answers
What is the BEST way to stay organized? Person with a descriptive and correct one sentence answer will receive brainliest for th
olga55 [171]

Answer:

Jssjnsnss is a great place to work for and it is a great place to work for and it will help us out to the best of our experience as well as the best and fastest growing business in the

7 0
2 years ago
Read 2 more answers
Companies‌ ‌provide‌ ‌compensation‌ ‌and‌ ‌benefits‌ ‌to‌ ‌employees.‌ ‌Read‌ ‌the‌ ‌description‌ ‌in‌ ‌each‌ ‌box‌ ‌
aalyn [17]

Answer:

paid time of health insurance

8 0
3 years ago
When the Segway Human Transporter was introduced in 2002, many people expected the product to be a phenomenal success. While the
grandymaker [24]

Answer:

compatibility

Explanation:

In marketing, compatibility refers to how well a product or service matches the markets' values, expectations and needs. Will customers accept the new product or service and use it, or they will not.

A great example of lack of compatibility is the tablet sold by Microsoft in year 2000. It was a financial disaster and really few people even know that the product was offered and even less people actually ever bought it. Customers had no use for tablets in year 2000, but magically Steve Jobs sold millions a few years later. One might think that Apple products are superlative compared to Microsoft's products, but that isn't enough to explain such a failure.

Steve Jobs believed that customers didn't know what they needed, and if you offered a good enough product, they would like it, buy it and use it. Of course, the product that you are selling must be able to satisfy your customers' needs, even if they didn't realize it at first.

But Microsoft struggled to show their customers (in year 2000 Microsoft was the largest company in the world) that they could actually use their tablets to satisfy some type of need. If a company's customers do not realize that a product will satisfy some type of need, they are not going to buy it.

The same happened here. The segway was supposed to be a great innovation, and if the company had done things correctly it probably could have been. The problem with the segway is that it was meant to replace walking, and for short distances really. It was based on the same logic as a remote control for a TV, only that customers never realized it that way.

3 0
4 years ago
A photocopier cost $105,000 when new and has accumulated depreciation of $96,000. if the business discards this plant asset, the
Ahat [919]

A photocopier cost $105,000 when new and has accumulated depreciation of $96,000. if the business discards this plant asset, the result is a loss of 9,000.

During the asset's anticipated useful life, depreciation is allocated in order to charge a fair percentage of the depreciable amount in each accounting period. Amortization of assets with predetermined useful lives is included in depreciation. Depreciation enables businesses to recoup the cost of an item at the time of acquisition. Instead of collecting the full cost of an asset right away, the technique enables businesses to do so during the asset's lifecycle. This enables businesses to replace current assets with the necessary quantity of revenue in the future.

Subtract the asset's cost from its salvage value (what you anticipate it to be worth at the end of its useful life) to determine depreciation using the straight-line technique. The outcome is the amount or depreciable basis.

Depreciation = asset's cost - salvage value

Depreciation = $105,000 - $96,000

Depreciation = $9,000

To know more about Depreciation refer to:  brainly.com/question/15085226

#SPJ4

4 0
1 year ago
Other questions:
  • This event occurs when a group of people erupt into generalized destructive behavior due to social disorder.
    10·2 answers
  • Southern Rim Parts estimates its manufacturing overhead to be $495,000 and its direct labor costs to be $900,000 for year 1. The
    14·1 answer
  • Ruby enterprises ltd. has long-term bonds worth $20 million, retained earnings of $45 million, accounts payable of $10 million,
    6·1 answer
  • Department stores are most likely characterized by ________. Group of answer choices wide varieties of product lines predatory p
    11·1 answer
  • All licensees should give earnest money checks to their sponsoring broker immediately who must deposit said earnest money by:___
    6·1 answer
  • The tables show the spending and revenue for Littleland in 2010. Use the tables and other information to answer the questions. S
    10·1 answer
  • A margin of safety of 30% means that every dollar in revenue generated thirty cents in profit.
    6·1 answer
  • What is the primary difference between goods and services?
    15·1 answer
  • 1. Marina Stengart used her company laptop to communicate with her lawyer via her
    9·1 answer
  • When a buyer has a right to inspect the goods, the right usually must be exercised:______.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!