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3 years ago

If 14,700 units are produced, the total amount of manufacturing overhead cost is closest to:

Business

1 answer:

Vlad1618 [11]3 years ago

5 0

Answer:

Total manufacturing overhead cost will be closest to 61,340

Explanation:

As we can see there is not step-up fixed cost that is no additional fixed cost will incurred upon producing extra units, therefore fixed cost will remain same that is 37,820.

Variable overhead cost will increase with increase in units therefore, variable cost for producing 14,700 units will be 1.6 x 14,700 = 23,520.

To find total overhead cost we will simply add fixed and variable overhead cost:

Total overhead cost = fixed overhead cost + variable overhead cost

Total overhead cost = 37,820 + 23,520

Total overhead cost = 61,340

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On January 1, 2004, Oak Co. issued 400 of its 8%, $1,000 bonds at 97 plus accrued interest. The bonds are dated October 1, 2003

Anastaziya [24]

Answer:

Oak Co.

The amount that Oak should report as bonds payable, net of discount is:

$400,000.

Explanation:

a) Data and Calculations:

Cash from the issue of 400 bonds = 400 * $1,000 * 97/100 = $388,000

Interest rate = 8% semiannually on April 1 and October 1

Bonds payable = $400,000 ($1,000 * 400)

Date of bonds = October 1, 2003

Accrued interest from October 1, 2003 to January 1, 2004 = $8,000

b) The bonds payable is the face value of the bonds. It is the amount that will be due for repayment to bondholders on the maturity of the bonds in 10 years' time, precisely on October 1, 2013.

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3 years ago

Employee rights during ______ inspections include the right to refuse to be interviewed, or if an employee agrees to an intervie

Colt1911 [192]

Answer: Affordable Care Administration

Explanation:

The Affordable Care Act was out in place in order to give health insurance coverage to the people in America that are uninsured.

It should be noted that the rights of an employee rights during the Affordable Care Administration inspections include the right to refuse to be interviewed, or if an employee agrees to an interview, they can request that an employer representative be present or that the interview be held in private.

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3 years ago

As part of the calculation for cost of goods sold it is necessary to determine the value of goods on hand, termed merchandise in

Ket [755]

Answer:

The two methods or systems for determining the amount of merchandise inventory are:

the perpetual inventory system and periodic inventory system.

Explanation:

The perpetual inventory system requires that separate accounts be kept for Inventory and Cost of Goods Sold to enable a continuous or perpetual update of inventory transactions. This is unlike the periodic inventory system, where the update of inventory transactions are done periodically, and only the Inventory Purchase account is maintained for inventory transactions, with the Inventory balances and Cost of Goods Sold determined periodically.

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3 years ago

Company H345's cost formula for its wages and salaries is $2,280 per month plus $348 per birth. For the month of August, the com

dem82 [27]

Answer:

The wages and salaries in the planning budget for August would be closest to: $46,824

Explanation:

The planning Budget is Based on the Actual level of Activity for this question,This is known as <em>flexing</em> the budget.

<u>Calculation of Planning budget for August based on 116 births</u>

Wages and Salaries = $2,280 + $348×116 births

= $46,824

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3 years ago

The following cash transactions occurred during the period.

Alecsey [184]

Answer:

-$17,000

Explanation:

The computation of the cash flow from Operating Activities is shown below;

= Interest received in cash - Payment of wages to employees

= $18,000 - $35,000

= -$17,000

Hence, the cash used from operating activities is -$17,000

So the same is considered and relevant

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3 years ago