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Marrrta [24]
3 years ago
6

Company incurred the following costs while producing ​units: direct​ materials, per​ unit; direct​ labor, per​ unit; variable ma

nufacturing​ overhead, per​ unit; total fixed manufacturing overhead​ costs, ​; variable selling and administrative​ costs, per​ unit; total fixed selling and administrative​ costs, . There are no beginning inventories. What is the operating income using absorption costing if units are sold for ​each?

Business
1 answer:
vagabundo [1.1K]3 years ago
6 0

Answer:

"$45" seems to be the correct answer.

Explanation:

The query given appears insufficient or unfinished. Please find attachment of the full questionnaire.

According to the question:

Direct Material

= 9

Variable Manufacturing Overhead

= 16

Direct Labor

= 20

Now,

The units product cost will be:

= Direct \ Material + Direct \ Labor +Variable \ Manufacturing \ Overhead

= 9+20+16

= 45$

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tino4ka555 [31]

Answer:

Calculating the bill total for the week:

The Sum Function in excel is a very easy mathematical operation to sum the daily bill amounts.  In the cell for the sum, you can manually enter the sum function by typing (=sum), then you define the parameters (=sum(C50:I50).  One you press the "enter" the result is automatically displayed.  This can also be automatically done by pressing the Sum Function on the Ribbon or Alt + =.

Explanation:

In Microsoft Excel, the Sum Function is a mathematical operation or syntax that provides the formula for adding, subtracting, or getting the total numerical content of indicated cells. With the Sum Function of Excel you can add, subtract, multiply, and divide, for example A1 * A4, C20/A2, A4 - A5, and so on.

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3 years ago
Sheffield Corp. has 285,000 shares of $8 par value common stock outstanding. It declares a 13% stock dividend on December 1 when
astra-53 [7]

Answer:

285,000 common stock outstanding with a $8 par value

it declares 13% stock dividend

market price at $16

since the stock dividend is considered small (less than 20%), we use the market price to record it

December 1, 202x stock dividends are declared (37,050 stocks)

Dr Retained earnings 592,800

    Cr Common stock dividends distributable 296,400

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December 31, 202x, distribution of stock dividends

Dr Common stock dividends distributable 296,400

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3 years ago
2. When the economy is in a recession, the Federal Reserve usually cuts interest rates. Why would the federal government do this
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The purpose of the Federal Reserve cutting interest rates during a recession is to encourage borrowing (borrowing becomes cheaper) and in this way especially for companies they may spend more money then  on improvements, new products etc so the economy theoretically will be stimulated to counteract the recession.
7 0
3 years ago
Restate the following income statement for a retailer in contribution format. Sales revenue ($100 per unit) $ 98,000 Less cost o
Rudiy27

Answer:

                        <u>Contribution Margin Statement</u>

Sales revenue ($100 x 980)                               $98,000

Less Variable costs:

cost of goods sold ($58 x 980)         $56,840

Commissions expense ($5 x 980)    $4,900

Shipping expense ($3 x 980)            <u>$2,940</u>

                                                                             <u>$64,680</u>

Gross margin                                                       $33,320

Less Fixed costs:

Salaries expense                                $7,900

Advertising expense                          <u>$5,800</u>

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5 0
3 years ago
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Answer:

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<em>The expected number of orders would be the Annual demand divided by the economic order quantity(EOQ).</em>

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