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Ludmilka [50]
4 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]4 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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The clusters of competencies needed by human resource professionals include technical, interpersonal, business, and leadership c
xenn [34]

Answer:

The correct answer is True.

Explanation:

It is necessary that the person has knowledge in the area to be performed, applying the most recent methods and strategies; Interpersonal Competences help us to understand others, to realize their emotions and their moods and to communicate with those around us with assertiveness and clarity; Leadership is the ability to lead successful work teams to achieve the goals in the expected time and manner. Optimizing that ability to guide people takes time, requires practice and its success depends on the development of certain soft skills that allow achieving sensitivity and proper group management in positive and adverse situations.

3 0
3 years ago
Lindsay needs to purchase a car. The car she is planning on purchasing costs $8,000 and she has $2,000 that she will be using as
Mariana [72]

Answer:

Lindsay will have to take a loan of 6000$, with annual interest after first year of 180$ and actual cost of the car equal to 8180$

Explanation:

Since Lindsay already has 2000$ as a down payment, which is initial up-front payment for purchases of expensive goods, like car or a house, she would need only 6000$ more in form of the loan. Since the annual interest rate is 3%, after one year her annual interest in absolute value would be 6000*0.03= 180$. Therefore, total cost for purchasing of a car is 2000+6000+180=8180$

7 0
3 years ago
As a business customer, every time you buy a product or service, you are creating a record of that transaction. Group of answer
aleksandrvk [35]

Answer:

True

Explanation:

A buisness customer records every transaction to see how the transaction was

6 0
4 years ago
Walt is evaluating an investment that will provide the following returns at the end of each of the following years: year 1, $12,
Sindrei [870]

Answer:

$38,771.44

To achieve at least the 8% rate Walt can pay until this amount.

Explanation:

The goal would be to calcualte the present value for each cashflow using the expected rate of 8%

\left[\begin{array}{ccc}-&Cash Flow&Discounted\\Year \: 1&12,500&11,574.0740740741\\Year \: 2&10,000&8,573.38820301783\\Year \: 3&7,500&5,953.74180765127\\Year \: 4&5,000&3,675.14926398227\\Year \: 5&2,500&1,701.45799258438\\Year \: 6&0&0\\Year \: 7&12,500&7,293.62994077667\\Total&50,000&38,771.4412820865\\\end{array}\right]

\frac{Principal}{(1 + rate)^{time} } = Present \: Value

<em><u>For example year 3</u></em>

7,500\div \: 1.08^3  = 5953.74180765127

Then we add each cashflow, to get the present value of the project.

To achieve at least the 8% rate Walt can pay until this amount.

5 0
3 years ago
You and your friends have decided to build a skateboard ramp behind your house. You have already purchased $500 in materials and
Rufina [12.5K]

Answer:

Hand saw is cheaper.

Explanation:

Given:

Material cost = $500

Electric saw cost rent per hour = $20

Building hour from electric saw = 6 hour

Building hour from hand saw = 15 hour

Time off pay from job = $8/hour

Computation of total cost from Electric saw :

Total cost from Electric saw = Material cost + Renting cost of electric saw + Time of from job

Total cost from Electric saw = $500 + (6 × $20) + (6 × $8)

Total cost from Electric saw = $500 + $120 + $48

Total cost from Electric saw = $668

Computation of total cost from hand saw :

Total cost from hand saw = Material cost + Time of from job

Total cost from hand saw = $500 + (15 × $8)

Total cost from hand saw = $500 + $120

Total cost from hand saw = $620

Hand saw is cheaper.

5 0
3 years ago
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