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4 years ago

What makes government contracts unique?

Business

2 answers:

faust18 [17]4 years ago

7 0

Answer:

The correct answer is the option D: They create obligations normally applied to government agencies.

Explanation:

On one hand, a government contract is the name given by law to the situation where to parties compromise themself with each other and where one of them is a government agency, therefore that its main characteristic is that those type of contracts involve a party that is a government entity.

On the other hand, a government contractor is the name that tends to receive the company, privately owned or publicly trade but not a state owned enterprise, whose characteristic is that it produces goods or services under contract for the government only.

Vika [28.1K]4 years ago

5 0

They create obligations normally applied to government agencies

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Use the cost information below for Sundar Company to determine the cost of goods manufactured during the current year:

wel

Answer: cost of goods manufactured during the current year: $95,600

Explanation:

Cost of goods manufactured = Direct materials + Direct labor + Manufacturing Overhead

But

Manufacturing Overhead= Cost added during accounting period + beginning work-in-process - ending work-in-process

= $51,100 + $11,500 - $12,100

=$50,500

Cost of goods manufactured = Direct materials + Direct labor + Manufacturing Overhead

=$19,800 + $25,300 + $50,500

=$95,600

or Using the formulae

Costs Added = Direct Materials Used + Direct Labor + Factory Overhead

=$19,800 + $25,300 + $51,500 = $96,200

Cost of Goods Manufactured = Costs Added + Beginning Work in Process − Ending Work in Process Cost of Goods Manufactured

$96,200+ $11,500 - $12,100=$95,600

3 0

3 years ago

Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its

umka2103 [35]

Answer:

Estimated manufacturing overhead rate= $34.57 per machine hour.

Explanation:

Giving the following information:

Acheson Corporation applies manufacturing overhead based on machine-hours.

Estimated manufacturing overhead $ 157,300

Estimated machine-hours 4,550

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 157,300/ 4,550= $34.57 per machine hour.

4 0

3 years ago

Is the symbol that represents the cost of raising capital by issuing new stock in the weighted?

Slav-nsk [51]

In the Weighted Average Cost of Capital (WACC) equation, the symbol "Ke" represents the costs of raising capital by issuing new stock.

The full WACC formula is below:

WACC Formula = (E/V * Ke) + (D/V) * Kd * (1 – Tax rate)

3 0

3 years ago

A check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks

Liula [17]

Answer:

a. 41.6 million

b. 42.28 million

Explanation:

A) GIven

forecast in june = Sjune = 42 million

Checks recived in june = Xjune = 40 million

Smoothing constant = a = 0.2

So for july

Sjuly = a*Xjune + (1-a)*Sjune

=0.2*40 + (1-0.2)*42 million

=8+33.6 = 41.6 million

B) forecast in july = Sjuly = 41.6 million

Checks recived in july = Xjuly = 45 million

Smoothing constant = a = 0.2

So for August

Saugust = a*Xjuly + (1-a)*Sjuly

=0.2*45 + (1-0.2)*41.6 million

=9+33.28 = 42.28 million

Note: This uses an exponential smoothing to forecast the results, but from the number of checks recived we see that it increases linearly. So we need a linear forecasting method .

5 0

4 years ago

If you become nervous in an interview and lose your train of thought, you should _____.

Tresset [83]

Explanation:

pause and take a deep breath

6 0

3 years ago

Read 2 more answers