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
FinnZ [79.3K]
3 years ago
10

Use the cost information below for Ruiz Inc. to determine the total manufacturing costs incurred during the year:

Business
1 answer:
antiseptic1488 [7]3 years ago
8 0

Answer:

Option (c) is correct.

Explanation:

Given that,

Work in Process, January 1 = $51,600

Work in Process, December 31 = 37,800

Direct materials used = $13,300

Total factory overhead = 6,300

Direct labor used = 27,300

Therefore,

Total manufacturing cost:

= Direct material + Direct labor + Factory overhead

= $13,300 + $27,300 + $6,300

= $46,900.

You might be interested in
A multimillion-dollar u.s. project to construct a suspension bridge is in progress. true structures inc. in canada shares both p
umka21 [38]

Answer: Joint Venture

A Joint Venture is a business entity that is created when two or more corporations pool in their resources for a specific project.  

The corporations that are a part of the Joint Venture share the governance, risks and rewards of the joint venture.  

In a Joint venture the corporations who come together to form a joint venture retain their distinct entities.


7 0
3 years ago
If the midlands pencil corporation has issued several different debt securities, an investor would expect the lowest income stre
Dafna1 [17]

If the midlands pencil corporation has issued several different debt securities, an investor would expect the lowest income stream from <u>convertible debentures.</u>

Convertible bonds have many positive attributes for investors, but the main drawback is that investors accept lower interest rates in exchange for these benefits.

Convertible debentures are fixed rate debentures that pay interest but can be converted into a specified number of ordinary shares or shares. Conversion of a bond into equity may occur at certain times during the life of the bond and is generally at the discretion of the bondholder.

Due to this logic, a convertible bond allows the issuer to indirectly sell its common stock at a price higher than its current price. From a buyer's perspective, convertible bonds are attractive because they offer the opportunity to capture the potentially high yields associated with equities, but also the security of bonds.

Learn more about bonds here brainly.com/question/9817093

#SPJ4

3 0
1 year ago
The classical viewpoint of management emphasized ways to ___
ki77a [65]
Manage work more efectively
7 0
3 years ago
A business that collects sales tax must pay the tax quarterly.<br> True<br> False
svp [43]

Answer:

True

Explanation:

3 0
3 years ago
In Vintland, sanitation engineers are being replaced with garbage robots, which have fewer negative effects and many more signif
pychu [463]

Answer: GDP decreases and standard of living increases

Explanation:

Based on the information given, the short-run effects of this industrial change on Vintland's GDP and its standard of living is that there'll be a reduction in the gross domestic product and an increase in the standard of living.

The reduction in GDP will be as a result of the reduction in the price of collecting garbage. On the other hand, the replacement of the sanitation engineers with the garbage robots will have fewer negative effects and many more significant benefits, thereby increasing standard of living.

3 0
3 years ago
Other questions:
  • What is the purpose of approving "pork barrel" spending?
    5·1 answer
  • Martin is the daytime supervisor for a packaging assembly line. He supervises 38 workers who perform routine jobs that require m
    9·1 answer
  • Under a ________ marketing system, independent production and distribution firms integrate their efforts on a contractual basis
    10·1 answer
  • Consider the following two mutually exclusive projects:Year Cash Flow (X) Cash Flow (Y)0 ?$16,400 ?$16,400 1 6,660 7,190 2 7,240
    13·1 answer
  • What do you believe are the best solutions for tackling restaurant reservation?
    12·1 answer
  • Individual Activity 1: Marty and the Martins
    5·2 answers
  • Partial balance sheets and additional iformation are listed below for Sowell Company.
    13·1 answer
  • Why do we need government support?
    7·2 answers
  • Knapp Industries began business on January 1, 2018 by issuing all of its 1,550,000 authorized shares of its $1 par value common
    13·1 answer
  • Explain south africa's reaction to the recommendations given by the who
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!