Answer:
True
Explanation:
The salary is paid to employees which means that the benefits that the employee receives by delivering its services is labor cost to the company. The company pays its employees to receive the desired services that the employee is willing to deliver its employer.
Answer:
$9,600,000
Explanation:
The computation of overhead assigned to each product is shown below:-
Overhead rate activity = Total overhead cost ÷ Total number of activity
= $9,600,000 ÷ $800,000
= $12
So, the Total overhead assigned to each product = (Widgets × Overhead rate activity) + (Gadgets × Overhead rate activity) + (Targets × Overhead rate activity)
= ($200,000 × 12) + ($150,000 × 12) + ($450,000 × 12)
= 2,400,000 + 1,800,000 + 5,400,000
= $9,600,000
Therefore for computing the overhead assigned to each product we simply applied the above formula.
Answer:
The cost of the work transferred-out during May is $18,630
Explanation:
For computing the cost of work transferred, first we have to compute the conversion cost per unit and material cost per unit
The conversion cost per uni = Conversion cost ÷ (transferred units + work in progress)
= $11,160 ÷ (2,700 + 300 × 30%)
= $11,160 ÷ (2,700 + 90)
= $11,160 ÷ 2,790
= $4 per unit
Now, material cost per unit = Material cost ÷ (transferred units + work in progress)
= $8,700 ÷ (2,700+300)
= $8700 ÷ 3,000
= $2.9 per unit
So, total cost of the work transferred is equals to
= Transferred units × conversion cost per unit + transferred units × material cost per unit
= 2,700 × $4 + 2,700 × $2.9
= $10,800 + $7,830
= $18,630
Hence, the cost of the work transferred-out during May is $18,630
Answer: investigate the opportunity cost of the types of transport you can use to get to Florida
Explanation:
