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Oksi-84 [34.3K]
3 years ago
7

A company makes concrete statues. Each statue requires 10 pounds of concrete at $2 per pound and 0.2 direct labor hours at $30 p

er hour. Overhead is assigned at the rate of $80 per labor hour. What is the standard cost to make one unit and the total that would appear on the standard cost card?
Business
1 answer:
REY [17]3 years ago
4 0

Answer:

the standard cost to make one unit is  $42

Explanation:

Standard Costing is the Cost established from the firm`s Past experience.

<u>Standard Costing Calculation for Concrete statues</u>

<em>Material</em>

Concrete (10 pounds×$2)                                $20

<em>Labor</em>

Direct Labor( 0.2 direct labor hours × $30)     $6

<em>Overheads</em>

Allocated ($80×0.2 direct labor hours)          $16

Total                                                                  $42

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A professional office center is purchased for $475,000. The land value is 20% of the total acquisition cost. What is the annual
Vika [28.1K]

Answer:

$9,744

Explanation:

In the case of the annual  IRS depreciation deduction, the time period for each category assets are different. Like for commercial real estate, the time period is 39 years, for residential real estate, it would be 27.5 years.

The computation is shown below:

= (Purchase value of professional office center × remaining percentage) ÷ (applicable time period)

= ($475,000 × 80%) ÷ (39 years)

= ($380,000) ÷ (39 years)

= $9,744

3 0
4 years ago
Spartan Corporation estimates that it will incur $200,000 of total manufacturing overhead cost at an estimated activity level of
bagirrra123 [75]

Answer:

Applied manufacturing overhead is $4,000

Explanation:

Given,

Total manufacturing overhead = $200,000

Activity level = 10,000 DLH

Predetermined overhead rate = \frac{Manufacturing\ overhead\ cost}{Activity\ level}

=\frac{200,000}{10,000}

=$20

Manufacturing overhead applied = predetermined rate × time required

                                                       = 20 × 200

                                                       = $4,000

Therefore, manufacturing overhead of $4,000 is applied to the job.

3 0
3 years ago
All agencies with jurisdictional authority and/or functional responsibility for the incident provide joint support through mutua
BaLLatris [955]

Answer:

(a) unified command

Explanation:

  • A Unified Command is a structure in which the role of incident commander is shared by at least two people.
  • Unified command is an approach to complete the command in which reacting organizations jurisdictions with responsibility for the incident share incident management.
  • In unified command a combine  approach is made to developing strategies to achieve incident objectives.
6 0
3 years ago
Clancy is a bus driver who enjoys donuts and muffins. Suppose that the price of donuts increases. As a result, the purchasing po
FromTheMoon [43]

Answer:

INCOME EFFECT

Explanation:

Income Effect means change in real income/ purchasing power due to change in price, income staying same.

  • Price Increase reduces real income/ purchasing power, income staying same - because consumer can purchase less from same income.
  • Price decrease increases real income/ purchasing power, income staying same - because consumer can purchase more from same income.

Eg: Income, price of a consumer = Rs100, Rs10 respectively.

Real Income = Income/price = 100/10 = 10. Price fall to 8 increases purchasing power to 12.5 (100/8). Price rise to 12 decreases purchasing power to 8.3 (100/12).

Income Effect : stating - lower purchasing power at higher prices, reduces consumption of all goods and higher purchasing power at lower prices, increases consumption of all goods.

3 0
3 years ago
Which of the following is the best way to measure who read the company's public relations message and what they thought about it
algol [13]

Answer:

a. Ask consumers for relevant feedback after the campaign

Explanation:

  • The company's public messages in order to establish a relationship with the clients or its costumes have to be essentially exposed through the mediums like campaigns and the media to get relevant feedback form them and helps in the analysis if its future scope.
  • These messages target the key audiences and use all mediums of communication like PR events.
6 0
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