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Kipish [7]
3 years ago
6

Top Shelf Company builds oak bookcases. Determine whether each of the following is a direct material (DM), direct labor (DL), ma

nufacturing overhead (MOH), or a period (P) cost for Top Shelf. ____ (1) Depreciation on factory equipment. ____ (2) Depreciation on delivery trucks. ____ (3) Wood used to build a bookcase. ____ (4) Production supervisor’s salary. ____ (5) Glue and screws used in the bookcases. ____ (6) Wages of persons who assemble the bookcases. ____ (7) Cost to run an ad on local radio stations. ____ (8) Rent for the factory. ____ (9) CEO’s salary. ____ (10) Wages of person who sands the wood after it is cut.
Business
1 answer:
Veronika [31]3 years ago
4 0

Answer:

(1) Depreciation on factory equipment. ____MOH

(2) Depreciation on delivery trucks. ____ Period Cost

(3) Wood used to build a bookcase. ____Direct Material

(4) Production supervisor’s salary. ____ MOH

(5) Glue and screws used in the bookcases. ____ MOH

(6) Wages of persons who assemble the bookcases. ____Direct Labor

(7) Cost to run an ad on local radio stations. ____Period Cost

(8) Rent for the factory. ____ MOH

(9) CEO’s salary. ____ Period Cost

(10) Wages of person who sands the wood after it is cut. Direct Labor

Period Cost are costs that are not directly involved in the manufacturing costs of a product but are incurred in a particular  period. These expenses include advertising and selling expenses.

Direct Materials are material used to make a product . For example wood is a direct material for making shelves.

Direct Labor are the wages paid to the people who work in the production of a product.

Manufacturing Overheads are charges associated with the manufacturing of a product.they are indirect costs of the production like rent of the building etc.

 

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Della Corporation is headquartered in Carlisle, Pennsylvania. Della has a Pennsylvania state income tax base of $433,500. Of thi
Tcecarenko [31]

Answer:

Della's Pennsylvania state tax liability is $12,679.73

Explanation:

Tax Liability

= [{(Income Tax Base - Non Business Income) x Apportionment Factor} + Allocated Non- business Income] x tc

= [{($433,500 - $76,700) x 0.2852} + $61,850] x 0.0775

= [$101,759.36 + $61,850] x 0.0775

= $163,609.36 x 0.0775

= $12,679.73

Therefore, Della's Pennsylvania state tax liability is $12,679.73

7 0
3 years ago
"Division A, which is operating at capacity, produces a component that currently sells in a competitive market for $25 per unit.
Travka [436]

Answer:

$25 per unit

Explanation:

Data provided in the question

Selling price per unit = $25

Fixed cost per unit = $8

Variable cost per unit = $10

Based on the above information, the price that division A should charged from Division B is equal to the selling price per unit i.e $25 because Division A currently sells and operates in a competitive market so it should be same for division B

8 0
3 years ago
A newspaper reports that the average price of new homes in a certain city had decreased, and the number of new homes sold had al
Zielflug [23.3K]

Answer: Decreasing the incomes of people in the city

Explanation:

 According to the given situation, the newspaper reporting about the average price range of the new homes are decreased in the city and also the new homes selling average are also decreases.

It is basically caused by the average income level of that specific city are get decease.

When the income of the people are decreases then it cause less spending on the things and the budget are get highly effected so that is why they are unable to buy any kind of property.  

 Therefore, Decreasing the incomes of people in the city is the correct answer.

3 0
3 years ago
During its first year of operations, Silverman Company paid $7,000 for direct materials and $9,500 for production workers' wages
r-ruslan [8.4K]

Answer:

Closing Inventory would be standing at $10000

Explanation:

The cost that forms part of the cost of inventory are all those production costs that are necessary to convert it into finished goods which in this case is:

Production cost = All direct costs are production costs

And

All Direct Cost = $7000 Direct Mat + $9500 Production Workers Wages + $8500 Direct Utilities bills = $25000

And the production cost incurred was for 5000 units which means the unit production cost was $5 ($25000 / 5000 units).

So closing inventory value would be = 2000 closing inventory units * $5

= $10000

5 0
3 years ago
Read 2 more answers
Select the education or qualification best demonstrated in each example.
LenaWriter [7]

Answer:

1. attention to detail

2. Juris Doctor degree

3. critical-thinking skills

4. research skills

Hope you have a good day ^w^

3 0
2 years ago
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