When a business earns more money than it spends, the entrepreneur is paid from the

Department F had 4,000 units in Work in Process that were 40% completed at the beginning of the period at a cost of $12,200. Of

Verdich [7]

Answer:

$2.27

Explanation:

Unit Cost =

If the average cost method is used, the materials cost per unit (to the nearest cent) would be: $2.27

5 0

3 years ago

ndicate whether each of the following costs should be classified as a product cost or as an SG&A cost in accordance with GAA

Leokris [45]

Answer:

Explanation:

The product cost is a combination of direct material cost, direct labor cost, and the manufacturing overhead cost. The manufacturing overhead cost is an indirect cost which is related to the factory expenses.

And, the SG&A cost is a sales, general ,and admin costs incurred to advertise the company's products so that it can accomplish its sales targets which can build a good reputation in the market.

So, the categorization is shown below:

Direct materials used in a manufacturing company. = Product cost

Indirect materials used in a manufacturing company. = Product cost

Salaries of employees working in the accounting department. = sales, general ,and admin costs

Commissions paid to sales staff. = sales, general ,and admin costs

Interest on the mortgage for the company’s corporate headquarters. = sales, general ,and admin costs

Indirect labor used to manufacture inventory. = Product cost

Attorney’s fees paid to protect the company from frivolous law suits. = sales, general ,and admin costs

Research and development costs incurred to create new drugs for a pharmaceutical company. = sales, general ,and admin costs

The cost of secretarial supplies used in a doctor’s office. = sales, general ,and admin costs

Depreciation on the office furniture of the company president. = sales, general ,and admin costs

4 0

3 years ago

Statutes prohibit police officers from demanding money for investigating and apprehending criminals and prohibit firefighters fr

irakobra [83]

Answer:

The citizen, however, does not have to pay because the police officer has a pre existing duty.

Explanation:

"Preexisting duty rule is a common-law rule of contract. It says that the rule that performance of an act by which a party is already contractually bound to perform does not constitute valid consideration for a new promise. In other words, a party's offer of a performance already required under an existing contract is an insufficient consideration for modification of the contract."

Then, the citizen doesn't have to pay because the police officer has an existing contract, and it's considered an insufficient consideration for modification of that contract.

Reference: US Legal, Inc, 2019. “Preexisting Duty Rule Law and Legal Definition.” Preexisting Duty Rule Law and Legal Definition | USLegal, Inc., 2019

3 0

3 years ago

Parchova is a multinational company that manufactures and sells stationery products. Customers who buy five or more products at

Lady_Fox [76]

Answer:

Limited relationships

Explanation:

A limited relationship is when a marketer seeks to create a connection with customers that have initiated contacts. In this strategy, the marketer will take deliberate actions to entice customers that made contact into a long term relationship.

In the case of Parchova, the company is rewarding customers after they have made purchases. By making purchases, the customers are initiating contact with Parchova. The act of issuing out notepads and pens is an attempt to create a relationship between the company and the customers.

4 0

3 years ago

Han Products manufactures 25,000 units of part S-6 each year for use on its production line. At this level of activity, the cost

umka2103 [35]

Answer:

$25,000

Explanation:

The computation of the financial advantage or disadvantage of accepting the outside supplier’s offer is shown below:

But before that first we have to compute the relevant cost for 25,000 units which is given below:

= (Direct material per unit + Direct labor per unit + Variable manufacturing overhead per unit × number of units manufactured) + (Fixed manufacturing overhead × number of units manufactured × remaining portion applied)

= ($3.9 + $8 + $2.10) × 25,000 units + ($6 × 25,000 units × 1 ÷3)

= $400,000

Now

Financial Advantage (disadvantage) of accepting the outside offer is

= (Relevant cost at 25,000 units - per part price × number of units manufactured) + (Annual rental amount)

= ($400,000 - $18 × 25,000 units) + $75,000

= $25,000

Since this amount comes in positive which signifies the financial advantage

4 0

3 years ago