Answer:
$1,490,000
Explanation:
Given that,
Direct Material used = $795,000
Wages to Line workers = $270,000
Indirect Materials used = $425,000
Total product cost for the year:
Direct Material used + Wages to Line workers + Indirect Materials used
= $795,000 + $270,000 + $425,000
= $1,490,000
Therefore, the total product costs for the year is $1,490,000.
Answer:i dont answer
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Answer:
Incremental B/C = 0.72
∴ 0.7, East should be constructed
Explanation:
See workings attached
Answer:
Sheridan Company
Income Statement
For the year ended December 31, 202x
Sales revenue $170,400
Cost of goods sold <u>($129,600)</u>
Gross profit $40,800
Period costs <u>($24,000)</u>
Operating income $16,800
cost of goods manufactured 2019 (or 2020, it is the same)= (20 x $4,500) + $18,000 = $108,000 / 20 = $5,400 per unit
COGS 2020 = 24 x $5,400 = $129,600
sales revenue = 24 x $7,100 = $170,400
Answer:
The correct answer is: The second worker.
Explanation:
Productivity is an economic term describing the relationship between outputs as compared to inputs needed to produce those outputs. It is a measure of efficiency. Typically inputs are raw materials, labor, and capital assets. Outputs are generally expressed as either revenue or total units of finished goods.
In the example, a form to measure each worker's productivity is comparing how many plastic labels they can place per hour. Thus:
- Worker 1: <em>1000 per 1/2 hour (30 minutes)
</em>
- Worker 1: <em>2000 per 1 hour </em>
- Worker 2: <em>850 per 1/3 hour (20 minutes)</em>
- Worker 2: <em>2550 per 1 hour
</em>
Then, the second worker is more productive.
