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Butoxors [25]
3 years ago
6

2. Select the correct sentence for errors in the preceding report. 1. Sales salaries, promotional expenses, corporate office ins

urance and property taxes, and corporate office depreciation should not be included in factory overhead. 2. Promotional expenses, corporate office insurance and property taxes, and corporate office depreciation should not be included in factory overhead. 3. Sales salaries, promotional expenses, corporate office insurance and property taxes should not be included in factory overhead. 4. Half of sales salaries, promotional expenses, corporate office insurance and property taxes, and corporate office depreciation should not be included in factory overhead.
Business
1 answer:
Sever21 [200]3 years ago
5 0

Answer:

1

Explanation:

Manufacturing Overhead sometimes also referred as Factory Overhead includes only those costs which are directly traceable to the production of a product i-e, Direct labor and Material Costs.

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Kent Manufacturing produces a product that sells for $64.00 and has variable costs of $35.00 per unit. Fixed costs are $348,000.
DedPeter [7]

Answer:

The contribution margin per unit is $33.50

Explanation:

The contribution margin per unit in the case when the machine is purchased is shown below:

= Selling price per unit - variable cost per unit

= $64 - ($35 - $4.50)

= $64 - $30.50

=  $33.50

hence, the contribution margin per unit is $33.50 and the same is to be considered

We simply applied the above formula

7 0
3 years ago
The Hallmark Card Company is able to maintain good dealer relationships because it limits the number of stores in a geographic a
Marta_Voda [28]

The given question is about Business studies.

Hallmark uses <u>Selective </u>distribution.

Selective Distribution: This refers to a strategy where a firm opens a particular or less number of outlets first in a specific location. This might be limiting at first but is surely a good start as this not only reduces the chances of loss instead helps the brand/ firm to prosper and focus on its product quality. Initially, the retailers and distributors appointed by the firms are few but later on, this marketing strategy proves to be superior. It has the following benefits:

  • Better market coverage than distribution.
  • Concentrated efforts on specific outlets
  • More control and less cost than intensive distribution

Here are the related links:

brainly.com/question/6480975

brainly.com/question/6608030

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7 0
1 year ago
Royal Gorge Company uses the gross profit method to estimate ending inventory and cost of goods sold when preparing monthly fina
34kurt

Answer:

The estimated inventory at the end of February is $73400 as shown below

Explanation:

Beginning Inventory $57,800

Plus: Net purchases $120000

Freight-in                     $2,700

Cost of Goods Available for Sale $180500

less: Cost of Goods Sold

Net Sales$180000

Less Estimated Gross Profit $81000

Estimated Cost of Goods Sold $99000

Estimated Inventory before Theft 81500

Less: Stolen Inventory 8,100

Estimated Ending Inventory 73400

Gross profit $180000*45%=$81000

8 0
3 years ago
Many corporations allow CEOs to use their​ firm's corporate jet for personal travel. The Internal Revenue Service​ (IRS) require
Margaret [11]

Answer:

The explicit cost of flight includes cost of fuel, maintenance cost, payment to pilot.

Explanation:

The explicit costs are the direct costs incurred during the process of production or business. Here, the payments made to the pilot will be a variable cost, the cost of fuel, etc will be explicit cost.  

The marginal explicit cost is the increase in the explicit cost with an additional output. The incremental cost of flight correctly determines the marginal explicit cost.  

Opportunity cost is the cost of sacrificing the alternative. Here, the marginal opportunity cost will be the revenue that the firm would have earned by renting the flight to other firms or individuals.

3 0
3 years ago
Jamie earned a raise in pay when he finished the training for the Technician 2 position. He will receive another raise when he f
coldgirl [10]

Answer: Structured compensation program

Explanation: In a structured compensation program the company structures the pay of employees on the basis of a predetermined criteria. The abilities needed to get promotion in such structure could be fixed on the basis of time period served or any other such criteria.

In the given case, Jamie gets promotion at every stage by passing a certain test. Thus, we can conclude that the company is performing structured program.

5 0
2 years ago
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