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
Goshia [24]
3 years ago
6

Costs that are incurred as part of the manufacturing process but are not clearly associated with specific units of product or ba

tches of production, including all manufacturing costs other than direct material and direct labor costs, are called:
Business
1 answer:
tensa zangetsu [6.8K]3 years ago
3 0

Answer:

These costs are called overhead cost.

Explanation:

Costs that are incurred as part of the manufacturing process but are not clearly associated with specific units of product or batches of production, including all manufacturing costs other than direct material and direct labor costs, are called overhead cost. These costs can not be associated with specific product so they are allocated to product cost based on estimation.

These cost include accounting fees, advertising, depreciation expense insurance, interest, legal fees, labor burden, rent, repairs, supplies, taxes, telephone bills, travel expenditures, and utilities

These costs are futher divided in two categories that is variable overhead cost and fixed overhead cost.

You might be interested in
Suppose that the tax on interest income is levied on the nominal interest​ rate, the tax rate is 20 ​percent, and the real inter
8090 [49]

Answer:

  • After-tax interest rate ⇒ 3.2%
  • True tax on interest income ⇒ 20%

Explanation:

After-tax real interest rate:

= Real interest rate * (1 - tax rate)

= 4% * (1 - 20%)

= 4% * 80%

= 3.2%

True tax on interest income:

= 20%

True tax on interest income is the tax rate levied on the nominal interest rate which is 20%.

3 0
3 years ago
Last year rebecca set aside $5000 pretax dollars for child care in a flexible spending account. she only used $3200. what happen
worty [1.4K]
A flexible spending account allows an employee to set aside a portion of the earnings to pay for qualified expenses.It is either you 'use it or lose it.' if you haven't used the funds by the end of the year your employer can keep it. This is what happened to the $1800 Rebecca hadn't used.
4 0
3 years ago
The following items are reported on a company's balance sheet: Cash $210,000 Marketable securities 120,000 Accounts receivable (
valkas [14]

Answer:

See below

Explanation:

1. Current ration

= Current asset/Current liabilities

Current assets = Cash + Marketable securities + Accounts receivables + Inventory

= $210,000 + $120,000 + $110,000 + $160,000

= $600,000

Current liabilities = Accounts payable = $200,000

Current ratio = $600,000/$200,000

Current ratio = 3:1

2. Quick ratio

= Current assets - Inventory / Current liabilities

= ($600,000 - $160,000) / $200,000

= 2.2 : 1

3 0
3 years ago
Consider a population list x, with a CV= 10%. A second population list, y, has a CV= 20%. Assume that the average of list y is 1
Sedaia [141]

Answer:

s^2_Y = 200^2= 40000

Explanation:

Data given

From the info given we have the following conditions:

\bar Y = 10 \bar X

s^2_x = 100

s_x = 10

CV_x = 10\% = 0.1

CV_y = 20\% = 0.2

And we want to find s^2_y =?

Solution to the problem

From the definition of variation coefficient we know this:

CV_x = 0.1=\frac{S_x}{\bar X}

From this condition we can solve for \bar X and we got:

\bar X = \frac{10}{0.1}=100

Now we can find \bar Y like this:

\bar Y = 10*100 = 1000

Now from the definition for coefficient of variation for Y we have:

CV_y = 0.2=\frac{S_y}{\bar Y}

We can solve for S_y and we got:

S_y = 0.2*1000= 200

And finally the variance would be:

s^2_Y = 200^2= 40000

3 0
3 years ago
The cost of legal advice associated with the preparation of an individual's Federal income tax return that is paid in 2019 is no
Vinil7 [7]

Answer: False

Explanation:

4 0
3 years ago
Other questions:
  • Big Dom’s Pawn Shop charges an interest rate of 27 percent per month on loans to its customers. Like all lenders, Big Dom must r
    15·1 answer
  • Economic understanding and economic conditions do not affect a personal financial plan.
    9·1 answer
  • Cross Town Express has sales of $137,000, net income of $14,000, total assets of $98,000, and total equity of $45,000. The firm
    9·1 answer
  • When an employee comes late to the office, an internal attribution will occur if there is low _____, low ______ and high _____.
    6·1 answer
  • How can you best uncover challenges and constraints that employees deal with in their daily work.
    14·1 answer
  • 1. The level of prices and the value of money Suppose the price level reflects the number of dollars needed to buy a basket of g
    11·1 answer
  • What's the estimated length of a wall that has 31 studs 16 inches on center?
    5·1 answer
  • During its first year of operations, Eastern Data Links Corporation entered into the following transactions relating to sharehol
    13·1 answer
  • Joe Corporation produces and sells two products. In the most recent month, Product C90B had sales of $19,950 and variable expens
    5·1 answer
  • Goods or services from the U.S. can be
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!