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Strike441 [17]
4 years ago
9

Atlas Inc. manufactures television sets. Last month, direct materials (electronic components, etc.) costing $550,000 were put in

to production. Direct labor of $880,000 was incurred, manufacturing overhead equaled $495,000, and selling and administrative costs totaled $396,000. The company manufactured 8,400 television sets during the month. Assume that there were no beginning or ending work in process balances. What was the total product cost for last month? a.$2,110,000 b.$1,300,000 c.$1,925,000 d.$1,250,000
Business
1 answer:
maks197457 [2]4 years ago
8 0

Answer:

The correct answer is C: $1,925,000

Explanation:

Giving the following information:

Last month, direct materials (electronic components, etc.) costing $550,000 were put into production. Direct labor of $880,000 was incurred, manufacturing overhead equaled $495,000.

Total product cost= direct material + direct labor + MOH= 550000 + 880000 + 495000= $1,925,000

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Nataliya [291]

An innovative entrepreneur utilizes a chance to introduce a new technique or new product. Thus, option A is correct.

<h3>Who are entrepreneurs?</h3>

A person that begins a new firm, taking on the majority of the difficulties and reaping the majority of such gains, is known as an entrepreneur.

An innovative entrepreneur is a person who usually brings into the market or is in the process of making new technology changes or a creative idea that would help to boost efficiency, time management, quality, or with the development of a new product. Therefore, option A is the correct option.

Learn more about entrepreneurs, here:

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The question is incomplete, the complete question will be:

a. Innovative entrepreneur

b. Instigated entrepreneur

c. Initiative entrepreneur

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5 0
1 year ago
Why is market development necessary ?
Yuri [45]
A marketing development strategy is important because it helps a business grow and reach new customers in a planned, structured way. Expanding your audience creates the potential for more leads, more sales, and more revenue, but in-depth research is essential to make sure there's value in targeting new customers.
6 0
3 years ago
A project has annual depreciation of $20,700, costs of $94,700, and sales of $138,500. The applicable tax rate is 34 percent. Wh
Harlamova29_29 [7]

Answer:

$48,840

Explanation:

Given the data above, the operating cash flow is computed as;

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7 0
3 years ago
Theresa sued her former employer for age, race, and gender discrimination. She claimed $200,000 in damages for loss of income, $
Nimfa-mama [501]

Answer:

$700,000

Explanation:

Although Theresa claimed $200,000 for damages, $300,000 for emotional harms and $500,000 in punitive damages, the final settlement was made at $700,000.

Hence, the gross income must include the amount which was actually used and received in settlement and this is $ 700,000.

Hope this Clear things up

Good Luck.

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3 years ago
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bixtya [17]

Answer:

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Explanation:

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Hence, in this case, the correct answer is "Descriptive Research."

6 0
3 years ago
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