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Brut [27]
3 years ago
13

KRD Supplies Corporation provided the following information for the year:Beginning Balance—Work-in-Process Inventory $24,000Endi

ng Balance—Work-in-Process Inventory 56,000Beginning Balance—Raw Materials Inventory 83,000Ending Balance—Raw Materials Inventory 60,000Purchases—Raw Materials 362,000Direct Labor 470,000Indirect Labor 18,000Depreciation on Factory Plant and Equipment 24,000Plant Utilities and Insurance 272,000What was the amount of the manufacturing overhead costs?
Business
1 answer:
liberstina [14]3 years ago
8 0

Answer:

The amount of the manufacturing overhead costs is $314,000

Explanation:

The computation of the manufacturing overhead cost is shown below:

= Indirect Labor  + Depreciation on Factory Plant and Equipment + Plant Utilities and Insurance

= $18,000 + $24,000 + $272,000

= $314,000

The manufacturing overhead cost includes only indirect costs other than direct costs like direct labor, direct material, etc. Because of this, we do not considered it

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What is your view of abortion?
zzz [600]

Answer:

that it is wrong.

Explanation:

Murder has been the worst crime for as long and anyone can remember.  To put it in other words, shortening someone's life.  Something worst that shortening someone's life, is preventing it at all.  You can believe that a living person isn't alive till they're out of the body, but from my "veiw" they are.

4 0
3 years ago
What is the Porter's 5 forces model?
neonofarm [45]

Answer:

Created by a Professor Michael E. Porter, from Harvard, this model explains the various forces applied to a business.

Competition in the industry : Are there competitors in the industry?  If so, are they numerous and weak or is the industry dominated by a few major players?

Potential of new entrants into the industry : What's the risk of having new competition?  If you are selling a product, can you protect it with a patent for example?

Power of suppliers : Can the suppliers of what you need easily affect the prices?  It's basically asking if there is competition in your suppliers' market.

Power of customers : That related to your customer base.  If your customer base is large, chances are no individual will be able to force your price down.  But if you are dealing with a limited number of customers, one of them might force you to lower your prices.

Threat of substitute products: Is there any comparable product/service offered at a lower cost that might bring your prices down?

4 0
3 years ago
According to liquidity preference theory, if there were a surplus of money, then A. the interest rate would be above equilibrium
Lorico [155]

Answer:

Choice A would be the right response to either the following statement.

Explanation:

  • This theory seems to be a hypothesis that implies that shareholders will seek a higher rate of return as well as premiums on high-term securities with significantly increased risk maturity since, if all other considerations are similar, investors choose cash and perhaps other extremely liquid assets.
  • Even if there is an excess of capital, the inflation rate would have been over stability, as well as the amount of money needed would have been too increasing for stability.

The other choices are not relevant to the situation in question. So choice A is the right one.

3 0
3 years ago
A tiger develops lockjaw and can no longer open its mouth. Which of the four life functions will not be able to perform? (it obv
Evgen [1.6K]

I believe the answer is: It won't be able to eat.

In wild life, this type of condition is basically a death sentence for the organism who experience it. The only way for the tiger to survive in such situation is only if humans making an intervention by surgically fix them or find another pathways to injects the nutrition into the tiger's body.

3 0
3 years ago
Company X had net income of $200,000 in the year 2016. At the beginning of 2016, there were 500,000 shares of outstanding common
EleoNora [17]

Answer:

Basic earning per share $0.21 per share

Explanation:

Basic Earning per share = ( Net Income - Preferred stock dividend ) / Weighted Average outstanding shares

Basic Earning per share = ( $200,000 - $50,000 ) / 700,000

Basic Earning per share = $150,000 / 700,000

Basic Earning per share = $0.2143 / share

Weighted average Outstanding shares = 500,000 + 200,000

Weighted average Outstanding shares = 700,000 shares

5 0
3 years ago
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