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
SpyIntel [72]
3 years ago
12

Simpson Company applies overhead on the basis of 200% of direct labor cost. Job No. 305 is charged with $180,000 of direct mater

ials costs and $200,000 of manufacturing overhead. The total manufacturing costs for Job No. 305 is:
Business
1 answer:
sasho [114]3 years ago
6 0

Answer:

$480,000

Explanation:

The computation of the total manufacturing costs for Job No. 305 is shown below:

= Direct material cost + direct labor cost + manufacturing overhead cost

where,

Direct material cost = $180,000

Direct labor cost is

= $200,000 ÷ 200% × 100%

= $100,000

And, the manufacturing overhead cost is $200,000

So, the total manufacturing overhead is

= $180,000 + $100,000 + $200,000

= $480,000

You might be interested in
Assume that three weeks before you and Lester are supposed to close your deal for the sale a twenty-acre tract of land, Lester c
Margaret [11]

Answer:

The answer is C

Explanation:

8 0
3 years ago
The cover letter should _____. a. be a minimum of two pages in length b. never ask for an interview c. introduce you to an emplo
eimsori [14]

✧・゚: *✧・゚:*    *:・゚✧*:・゚✧

                  Hello!

✧・゚: *✧・゚:*    *:・゚✧*:・゚✧

❖ The cover letter should c. introduce you to an employer.

~ ʜᴏᴘᴇ ᴛʜɪꜱ ʜᴇʟᴘꜱ! :) ♡

~ ᴄʟᴏᴜᴛᴀɴꜱᴡᴇʀꜱ

8 0
3 years ago
Read 2 more answers
Cragmont has beginning equity of $277,000, net income of $63,000, withdrawals of $25,000 and no additional investments by owners
MatroZZZ [7]
The ending equity is $315,000 This is just a matter of adding income and subtracting withdraws. So let's do it. "Cragmont has beginning equity of $277,000," x = $277000 "net income of $63,000" x = $277000 + $63000 = $340000 "withdrawals of $25,000" x = $340000 - $25000 = $315000
3 0
3 years ago
Mayfair Co. allows select customers to make purchases on credit. Its other customers can use either of two credit cards: Zisa or
alexandr402 [8]

Answer:

June 4 Sold $650 of merchandise (that had cost $400) on credit to Natara Morris.

June 4

Dr Accounts receivable 650

    Cr Sales revenue 650

June 4

Dr Cost of goods sold 400

    Cr Inventory 400

5 Sold $6,900 of merchandise (that had cost $4,200) to customers who used their Zisa cards.

June 5

Dr Accounts receivable 6,693

Dr Credit card fees 207

    Cr Sales revenue 6,900

June 5

Dr Cost of goods sold 4,200

    Cr Inventory 4,200

June 5, after Zisa transfers the money

Dr Cash 6,693

    Cr Accounts receivable 6,693

6 Sold $5,850 of merchandise (that had cost $3,800) to customers who used their Access cards.

June 6

Dr Unbilled revenue 5,733

Dr Credit card fees 117

    Cr Sales revenue 5,850

June 6

Dr Cost of goods sold 3,800

    Cr Inventory 3,800

8 Sold $4,350 of merchandise (that had cost $2,900) to customers who used their Access cards.

June 8

Dr Unbilled revenue 4,263

Dr Credit card fees 187

    Cr Sales revenue 4,350

June 8

Dr Cost of goods sold 2,900

    Cr Inventory 2,900

10 Submitted Access card receipts accumulated since June 6 to the credit card company for payment.

June 10

Dr Accounts receivable 9,996

    Cr Unbilled revenue 9,996

13 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $429 balance in McKee’s account stemmed from a credit sale in October of last year.

June 13

Dr Bad debt expense 429

    Cr Allowance for doubtful accounts 429

17 Received the amount due from Access.

June 17

Dr Cash 9,996

    Cr Accounts receivable 9,996

18 Received Morris’s check in full payment for the purchase of June 4.

June 18

Dr Cash 650

    Cr Accounts payable 650

3 0
3 years ago
describe some similarities and differences among broker-dealer networks, alternative trading systems (ats), and registered stock
Troyanec [42]

However, unlike exchanges,  ATS has no members (ATS has "subscribers") and has no regulatory liability. An ATS can trade listed stocks like a stock exchange, but unlike a stock exchange, an ATS can also trade unlisted stocks (also known as OTC stocks) and fixed income securities such as bonds.

The main similarity between broker-dealer networks, alternative trading systems, and registered stock exchanges is that they are all some kind of market for  buying and selling  securities, either stocks or bonds.

What are alternative trading systems(ATS)?

An Alternative Trading System (ATS) is an SEC-regulated electronic trading system that matches orders between buyers and sellers of securities.  ATS is not a domestic stock exchange. However,  ATS can apply to the SEC to become a domestic stock exchange.

What is a registered stock exchange?

A registered stock exchange that has filed and approved a registration statement with the SEC. All major US stock exchanges  are registered with the SEC under the Securities Exchange Act of 1934.

To know more about ATS and Registered stock exchange visit here:

brainly.com/question/17320981

#SPJ4

5 0
1 year ago
Other questions:
  • Sheffield Corp. sells two types of computer hard drives. The sales mix is 30% (Q-Drive) and 70% (Q-Drive Plus). Q-Drive has vari
    15·1 answer
  • Fed could change its inflation target temporarily to offset the effect of an aggregate demand shock (a-bar). In this problem, yo
    10·1 answer
  • Janice works as a consultant for a tech company. In the past, the company has relied heavily on its toll-free line to sell new p
    6·2 answers
  • What is the definition of managerial capitalism?
    5·1 answer
  • Jackson High School formed several teams to plan and execute the 150th anniversary celebrations of the school. Over a period of
    12·1 answer
  • A monopoly finds that, at its present level of output and sales, marginal revenue equals $5 and marginal cost is $4.10 which of
    10·1 answer
  • Which of the following condition will both consumers and sellers benefit?
    5·1 answer
  • 14 Select the correct answer. Which marketing strategy is the most effective in the modern era? O A relationship marketing B. ma
    8·1 answer
  • One year ago, you purchased 350 shares of Titan Wood Products for $63.17 per share. The stock has paid dividends of $.71 per sha
    14·1 answer
  • How much is the sales tax on $19.50 worth of goods if the tax rate is 7%? $2.79 $0.14 $1.37 $0.28
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!