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Ludmilka [50]
3 years ago
13

A company’s accounting records reflect the following inventories. During the year, the company purchased $1,450,000 of raw mater

ials, incurred direct labor costs of $250,000, and incurred manufacturing overhead totaling $160,000. How much is total manufacturing costs incurred during the year for the company?
Business
1 answer:
Ksivusya [100]3 years ago
7 0

Answer:

$1,860,000

Explanation:

Given that,

Raw material purchased = $1,450,000

Direct labor costs = $250,000

Manufacturing overhead totaling = $160,000

Total manufacturing costs incurred during the year for the company:

= Raw material purchased + Direct labor costs + Total manufacturing overhead

= $1,450,000 + $250,000 + $160,000

= $1,860,000

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Should a company pursue an unrelated diversification strategy, the types of companies that make particularly attractive acquisit
Vlada [557]

Many companies avoid unrelated diversification as a general business rule because of the lack of synergy that exists. When you have related diversity, you can more easily integrate your company brand, philosophies, resources, and partnerships to take full advantage.

<h3>Why would a company use unrelated diversification?</h3>

The benefits of unrelated diversification are rooted in two conditions:

(1) increased efficiency in cash management and in the allocation of investment capital and

(2) the capability to call on profitable, low-growth businesses to provide the cash flow for high-growth businesses that require significant infusions of cash.

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5 0
1 year ago
Calloway Company recorded a right-of-use asset of $790,000 in a 10-year finance lease. The interest rate charged by the lessor w
enot [183]

Answer:

$632,000

Explanation:

The computation of the amount of balance in the right of use asset after two years is shown below:

Balance in right of use asset after 2 years is

= Recorded value - ((Recorded value × rate of interest) × number of years)

= $790,000 - (($790,000 × 10%) × 2)

= $790,000 - ($79,000 × 2)

= $790,000 - $158,000

= $632,000

hence, the balance is $632,000

5 0
3 years ago
Cellphone companies rely on the ___________ of conversation to make unlimited night and weekend minutes on cellphone plans profi
aniked [119]
Is it minutes? I thing that it might be minutes.
6 0
2 years ago
Bioplex Corporation has a capital structure of 10% debt, 30% preferred stock, and 60% equity. The firm’s cost of equity is 13%,
vazorg [7]

Answer:

The cost of capital is 10.974%

Explanation:

The capital of a firm is made up of debt and equity component. The weighted average cost of capital or WACC of a firm is the cost of all the firm's capital components combined and can be referred to as simply the cost of capital.

The cost of capital or WACC for Bioplex Corporation is,

WACC = 0.1 * (1-0.21) * 0.06  +  0.3 * 0.09  +  0.6 * 0.13

WACC = 0.10974 or 10.974%

3 0
2 years ago
The units of an item available for sale during the year were as follows: Jan 1 Inventory 22 units at 127 April 15 Purchase 138 u
balu736 [363]

Answer:

$5,134

Explanation:

LIFO assumes that the units to arrive last are sold first Therefore inventory value is based on earlier (old) prices.

Step 1 : Calculate units sold

Units sold = Units Available for sale - units in inventory

                 = 145 unit

Step 2 : Determine Inventory Value

Inventory value = 22 units x $127 + 20 units x $117

                          = $5,134

Conclusion

the inventory cost using the last-in, first-out (LIFO) is  $5,134

8 0
2 years ago
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