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
Anestetic [448]
3 years ago
10

McFadden, Inc. has collected the following data. (There are no beginning inventories.)Units produced 600 unitsSales price $150 p

er unitDirect materials $40 per unitDirect labor $13 per unitVariable manufacturing overhead $6 per unitFixed manufacturing overhead $19,500 per yearVariable selling and administrative costs $4 per unitFixed selling and administrative costs $15,700 per yearRequired:What is the ending balance in Finished Goods Inventory using variable costing if 450 units are sold?A.$6,000B.$8,850C.$7,950D.$2,850
Business
1 answer:
vodka [1.7K]3 years ago
8 0

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Units produced 600 units

Direct materials $40 per unit

Direct labor $13 per unit

Variable manufacturing overhead $6 per unit

Variable selling and administrative costs $4 per unit

The variable costing method calculates the cost of goods based on direct material, direct labor, and variable manufacturing overhead.

First, we need to calculate the unitary cost of production:

unitary cost= 40 + 13 + 6= $59

Inventory= 600 units - 450 units= 150 units

Inventory cost= 150*59= $8,850

You might be interested in
Data concerning a recent period’s activity in the Prep Department, the first processing department in a company that uses proces
lys-0071 [83]

Answer and Explanation:

a. The computation of cost of ending work in process inventory for materials, conversion, and in total is shown below:-

For material = 2,080 × $15.66

= $32,572.80

For conversion = 930 × $6.23

= $5,793.90

For total cost of work in process inventory = $32,572.80 + $5,793.90

= $38,366.70

b. The computation of cost of the units completed and transferred out for materials, conversion, and in total is shown below:-

For material = 21,700 × $15.66

= $339,822

For Conversion = 21,700 × $6.23

= $135,191

For total cost of completed and transferred units = $339,822 + $135,191

= $475,013

3 0
3 years ago
An email message that appears legitimate arrives in your inbox from your bank and asks you to click on a link in the message and
Whitepunk [10]
The answer is Phishing attack
6 0
3 years ago
The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other part
wolverine [178]

The correct answer of the question is Fraud.

The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other party amounts to: Fraud.

<h3>What is Fraud?</h3>
  • It is a form of deception or an unlawful gain.
  • It is an intentional form of deception that can have various criminal consequences.
  • There are various kinds of frauds like bank fraud, insurance fraud etc..
  • It is committed with the intention of gaining an unauthorized benefit.
  • it can occur in various domains like finance, real estate, insurance etc.
  • Usually a fraud can lead the person to have legal consequences and the victim can sue the person or organization which was involved with the crime.

To learn more about fraud visit: brainly.com/question/20357860

#SPJ4

5 0
1 year ago
- identify changes and trends as a source of new enterprise ideas
Elena-2011 [213]

Changes and trends are sources of new enterprise ideas. An example can be found in the advent of technology. The advent of internet-enabled devices has led to the growth of internet service providers. The use of headphones, Bluetooth devices, and other accessories has been borne because of new technologies that were not available some fifty years ago.

Changes in trends can lead to the birth of new businesses. Changes in weather condition that pose the risk of skin damage has led to the popularization of sunblocks.

Internet-enabled devices have also led to the introduction of enterprises that deal with gadgets accesories.

These examples show that changes and trends are sources of new enterprise ideas.

Learn more about entrepreneurship here:

brainly.com/question/13628349

7 0
2 years ago
Sergey brin and larry page are the founders of google. most would agree that they have a superb product, but in order to grow, t
Mnenie [13.5K]
The appropriate response is two strengths and one threat. Jake had two qualities (these are inward to the operation): (1) $100,000 financing, (2) three talented installers. He had one danger (outer to the operation): (1) poor economy prove by almost no new development and property dispossessions
6 0
3 years ago
Other questions:
  • On September 1, 2021, American Metals Distribution (AMD) has an inventory of 10,000 pounds of copper that it plans to sell on th
    13·1 answer
  • What is the current GDP? (Gross Domestic Product)
    12·1 answer
  • Which of the following statements is true in the context of selecting the best alternative? a. The decision maker can only selec
    5·1 answer
  • The National Conference of Commissioners on Uniform State Laws (NCCUSL) was formed by the for the purpose of establishing unifor
    8·1 answer
  • Through what process can special interest groups and businesses influence the government?​
    8·1 answer
  • The Action Toy Company has decided to manufacture a new train​ set, the production of which is broken into six steps. The demand
    14·1 answer
  • Comparing Stock and Cash Dividends
    10·1 answer
  • Information about a property that has a significant bearing on a buyer's decision to purchase that property is referred to as a
    11·1 answer
  • The body of law that governs oral and written agreements associated with the exchange of goods, services, money and property is
    9·1 answer
  • Which of the following is a reason that a chief executive officer might commit financial statement fraud?a. To receive or increa
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!