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Lesechka [4]
3 years ago
12

Kesterson Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.20 Direct labor

$ 3.10 Variable manufacturing overhead $ 1.35 Fixed manufacturing overhead $ 14,000 Sales commissions $ 1.50 Variable administrative expense $ 0.40 Fixed selling and administrative expense $ 4,500 If 6,000 units are produced, the total amount of indirect manufacturing cost incurred is closest to
Business
1 answer:
Ludmilka [50]3 years ago
5 0

Answer:

Indirect manufacturing cost=  $22100

Explanation:

We are provided with the following information:

Direct materials $ 6.20

Direct labor $ 3.10

Variable manufacturing overhead $ 1.35

Fixed manufacturing overhead $ 14,000

Sales commissions $ 1.50

Variable administrative expense $ 0.40

Fixed selling and administrative expense $ 4,500

6,000 units are produced

Indirect manufacturing cost= variable overhead + fixed manufacturing overhead= 1,35*6000+14000= $22100

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Under a _____ costing income statement, only variable costs are included in the computation of total cost per unit.
Crazy boy [7]

Answer:

Variable costing income statement

Explanation:

The Variable costing income statement only includes variable costs in the cost per unit product. Variable costs examples are raw materials, direct labor and other variable overheads.

The fixed manufacturing costs together with the non-manufacturing costs are treated as period costs and expensed in the period in which they are incurred.

5 0
3 years ago
Eduardo and Larson enter into a partnership agreement to sell gourmet dog biscuits, but they do not specify how long it will las
aleksley [76]

Answer:

Eduardo and Larson enter into a partnership agreement to sell gourmet dog biscuits, but they do not specify how long it will last. Consequently, it will end: <u>whenever Eduardo, Larson or both of them decide to end it. </u>

From the list below, which is NOT an ordinary right of partners in a general partnership?

  • management
  • <u>dividends</u>
  • representation
  • joint ownership

Partnerships do not distribute dividends, only corporations distribute dividends. Partners are pass-through entities, that means that they are not taxed, the partners are taxed.

8 0
3 years ago
You would expect a bond of an Eastern European government to pay interest rate as compared to a bond of the U.S. government. You
Olenka [21]

Answer:

1) A bond of an Eastern European government

2) A bond that repays the principal in year 2040

3) A bond from a software company you run in your garage

4) A bond issued by the federal government

Explanation:

Term: Long-term bonds are riskier than short-term bonds because holders of long-term bonds have to wait longer for repayment of principal. To compensate for this risk, long-term bonds usually pay higher interest rates than short-term bonds.

Credit risk: When bond buyers perceive that the probability of default is high, they demand a higher interest rate as compensation for this risk.

Tax treatment: When state and local governments issue bonds, the bond owners are not required to pay federal income tax on the interest income. Because of this tax advantage, bonds issued by state and local governments typically pay a lower interest rate than bonds issued by corporations or the federal government.

6 0
3 years ago
If ten executives have salaries of $80,000, six have salaries of $75,000, and three have salaries of $70,000, what is the median
Lapatulllka [165]

If ten executives have salaries of $80,000, six have salaries of $75,000, and three have salaries of $70,000, The median salary is $80,000

Total number of observation = 10+6+3=  19

Median = \frac{n+1}{2}   =20/2 = 10 th value

Reason:

The median is the middle score when they are arranged in ascending or descending order.

Since there are a total of 19 observed values, the tenth value is the median $80,000

What is the median ?

The median is the middle number arranged in , ascending or descending order of numbers and can be more detailed  of that data set than the average.

Why is median important?

The median is important because it gives us an information about the  the center value of data and its location. The median tends to be more helpful to calculate than the mean when a distribution is skewed and/or has outliers.

Learn more about median:

brainly.com/question/14532771

#SPJ4

3 0
2 years ago
Companies such​ as IBM, Walmart, and Google now look beyond economic gain​ and, in their marketing​ strategies, they also consid
sveticcg [70]

Answer:

The societal marketing concept                

Explanation:

Societal marketing refers to the marketing idea that maintains that a firm should make creative decisions not only through taking into account the needs of customers, the criteria of the corporation, but also the lengthy-term interests of society.

The principle of societal marketing holds that the role of the company is to assess a target market's desires, wishes and preferences and to produce the desired satisfactions more effectively and efficiently than rivals in a manner that maintains or improves the very well-being of all individual consumers and general society.                  

5 0
4 years ago
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