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KatRina [158]
3 years ago
8

EA15.

Business
1 answer:
alexgriva [62]3 years ago
3 0

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

flexible budget:

direct materials of $2 per unit

direct labor of $3 per unit

manufacturing overhead of $1 per unit.

Fixed costs are $35,000.

20,000 units:

Total direct material= 2*20,000= 40,000

direct labor= 3*20,000= 60,0000

overhead= 1*20,000= 20,000

Total manufacturing costs= $120,000

Fixed costs= 35,000

Total product costs= $155,000

25,000 units:

Total direct material= 2*25,000= 50,000

direct labor= 3*25,000= 75,0000

overhead= 1*25,000= 25,000

Total manufacturing costs= $150,000

Fixed costs= 35,000

Total product costs= $185,000

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Eve's Apples opened for business on January 1, 2018, and paid for two insurance policies effective that date. The liability poli
Nutka1998 [239]

Answer: 18,000

Explanation:

Liability policy:

Insurance\ expense\ per\ month=\frac{Prepaid\ Insurance\ for\ liability\ policy}{Period\ of\ policy}

Insurance\ expense\ per\ month=\frac{36,000}{18}

                                                            = 2,000

Insurance expense 2018:

= No. of months from 1 Jan 2018 to 31 Dec 2018 × Insurance expense per month

= 12 × 2,000

= 24,000

Prepaid insurance balance for liability policy on 31 Dec, 2018:

= Prepaid Insurance for liability policy - Insurance expense 2018

= 36,000 - 24,000

= 12,000

Crop damage policy:

Insurance\ expense\ per\ month=\frac{Prepaid\ Insurance\ for\ crop\ damage\ policy}{Period\ of\ policy}

Insurance\ expense\ per\ month=\frac{12,000}{24}

                                                            = 500

Insurance expense 2018:

= No. of months from 1 Jan 2018 to 31 Dec 2018 × Insurance expense per month

= 12 × 500

= 6,000

Prepaid insurance balance for crop damage policy on 31 Dec, 2018:

= Prepaid Insurance for crop damage policy - Insurance expense 2018

= 12,000 - 6,000

= 6,000

Therefore,

Total prepaid insurance balance on 31 Dec 2018:

= Prepaid insurance balance for liability policy on 31 Dec, 2018 + Prepaid insurance balance for crop damage policy on 31 Dec, 2018

= 12,000 + 6,000

= 18,000

7 0
3 years ago
In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1. Orio
zmey [24]

Answer and Explanation:

The journal entry to record the sales transaction is given below:

On April 10

Cash Dr $25,725

       To Sales revenue $24,500

       To Sales tax payable $1,225

(Being the sale is recorded)

Here cash is debited as it increased the assets and revenue & sales tax payable is credited as it increased the  revenue & liabilities

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3 years ago
Does anyone know how to poison a teacher?​
fgiga [73]

Answer:

when she asks you to pour her water pee in it and add dirts also put some ink in it

BRAINLIEST if worked

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2 years ago
Malcolm has been researching reports generated by government agencies and the local chamber of commerce. What kind of research i
Yanka [14]
The answer is D personal
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3 years ago
In a department meeting, Javier shares some research on new software he thinks the company should purchase. Roger agrees with Ja
nirvana33 [79]

Answer:

Elaborator is the correct answer.

Explanation:

In this example, Roger takes Javier's initial idea, which includes the suggestion of buying new necessary software for the company. Roger fits the description of an elaborator, who builds examples (Roger's own experience with the software and how it'd be the best option) based on initial ideas (Javier's suggestion).

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3 years ago
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