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Strike441 [17]
3 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]3 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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3 years ago
In most cases, whether the contract has not yet been performed (an executory contract) or has been fully performed (an executed
Jlenok [28]

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Explanation:

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3 years ago
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Answer:

A is the correct option

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3 years ago
What is the reason it's better to underestimate your income instead of overestimating when creating your budget?
Alik [6]

Answer:

  • <em>Underestimating your income is a conservative and healthy measure that can avoid financial problems.</em>

Explanation:

<em>Underestimating</em> your <em>income</em> is a conservative and healthy measure, such as it is overestimating your expenses.

Specially when your income is variable iit can be hard to predict. You will be safer both if your income lowers or your unpredictable expenses increase.

There are many unpredictable situations that could put you in a difficult situation: a disease, a natural disaster, the need to help a family member or friend in trouble. If any of these unfortunate circumstances arises and your budget is too tight, you could see yourself in financial trouble.

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6 0
3 years ago
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jeka94

Answer:

Results are below.

Explanation:

<u>To calculate the activities rates, we need to use the following formula:</u>

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4 0
3 years ago
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