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vaieri [72.5K]
3 years ago
7

g Zander Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold

at the end of the month. In July the company completed job F21X that consisted of 10,500 units of one of the company's standard products. No other jobs were in process during the month. The job cost sheet for job F21X shows the following costs: Beginning balance $45,150 Direct materials $363,300 Direct labor cost $161,700 Manufacturing overhead cost applied $207,900 During the month, the actual manufacturing overhead cost incurred was $205,800 and 7,000 completed units from job F21X were sold. No other products were sold during the month. The unadjusted cost of goods sold (in other words, the cost of goods sold BEFORE adjustment for any underapplied or overapplied overhead) for July is closest to:
Business
1 answer:
OleMash [197]3 years ago
7 0

Answer:

$518,700

Explanation:

For the computation of unadjusted cost of goods sold first we need to find out the total cost of Job F21X and cost per unit which is shown below:-

The Total cost of Job F21X = Beginning balance + Direct materials + Direct labor + Manufacturing overhead applied

= $45,150 + $363,300 + $161,700 + $207,900

= $778,050

Cost per unit = Total cost of Job F21X ÷ Number of units

= $778,050 ÷ 10,500

= $74.10

Cost of goods sold = Completed units from Job F21X × Cost per unit

= 7,000 × $74.10

= $518,700

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Rylan Industries is expected to pay a dividend of $5.70 year for the next four years. If the current price of Rylan stock is $31
PilotLPTM [1.2K]

Answer: Rylan's stock would sell for $21.96 at the end of the four years

Explanation:

PV = Current Price = $31.27

D = Dividend paid each year =$5.70

r = Equity cost of capital = 12%

FV = Price of Rylan's stock at the end of four years = ??

N = Number of years = 4

PV = D [\frac{1 - \frac{1}{(1+r)^{N} } }{r} ] + \frac{FV}{(1+r)^{4} }

31.27 = 5.70 [\frac{1 - \frac{1}{(1+0.12)^{4} } }{0.12} ] + \frac{FV}{(1+0.12)^{4} }

Solve for FV,

FV = $21.96

Rylan's stock would sell for $21.96 at the end of the four years

8 0
3 years ago
How do the terms business ethics and social responsibility differ from each other
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7 0
3 years ago
Your company is evaluating four locations in Asia for its new customer center; according to the information provided in the tabl
tamaranim1 [39]

Answer:

1. B. Country A

2. E. Singapore and Singapore

Explanation:

1. Country A

= (0.5  * 95) + (0.3 * 90) + ( 0.2 * 80) + (0.1 + 70)

= 45 + 27 + 16 + 7

= 95

Country B

= (0.5  * 60) + (0.3 * 70) + ( 0.2 * 80) + (0.1 + 80)

= 30 + 21 + 16 + 8

= 75

Country C

= (0.5  * 50) + (0.3 * 50) + ( 0.2 * 70) + (0.1 + 40)

= 25 + 15 + 14 + 4

= 58

Country D

= (0.5  * 35) + (0.3 * 35) + ( 0.2 * 60) + (0.1 + 40)

=17.5 + 10.5 + 12 + 4

= 44

2.

Taiwan

= (0.15*85 + 0.15*85 + 0.2*70 + 0.1*85 + 0.4*30)

= (12.75 + 12.75 + 14 + 8.5 + 12)

= 60

Thailand

= (0.15*95 + 0.15*20 + 0.2*65 + 0.1*50 + 0.4*70)

= (14.25 + 3 + 13 + 5 + 28)

= 63.25

Singapore

= (0.15*40 + 0.15*95 + 0.2*75 + 0.1*85 + 0.4*70)

= (6 + 14.25 + 15 + 8.5 + 28)

= 71.75

First Recommendation - <u><em>Singapore</em></u>

Thailand political risk falls to 30.

=  (0.15*95 + 0.15*20 + 0.2*65 + 0.1*50 + 0.4*30)

= (14.25 + 3 + 13 + 5 + 12)

= 47.25

Second Recommendation - <em><u>Singapore</u></em>

3 0
3 years ago
Suppose the current level of output is 5000 and the elasticity of output with respect to capital is 0.4. A 10% increase in capit
allsm [11]
C iw your answer :))))
7 0
3 years ago
Sue is a small business owner who often gives gifts to clients. She gives a $40 gift to her client, Mr. Smith, and his wife. Sue
PilotLPTM [1.2K]

Answer:

D) $801

Explanation:

Businesses can only deduct $25 per gift per client, in this case the client's wife is not an actual client, so Sue can only deduct $25 for the gift plus the wrapping expenses. She can also deduct the $400 spent in the calendars and the $370 watch.

Sue's total deductions = $25 + $6 + $400 + $370 = $801

8 0
3 years ago
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