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Tamiku [17]
4 years ago
15

Cross dishware manufactures a custom line of pottery. The company uses a job-order costing system. During June, the following co

sts were incurred on Job CD4340: direct materials $3,500 and direct labor $6,400. In addition, there was $2,500 of selling and shipping costs incurred on the job. The manager applied manufacturing overhead at the rate of $32 per direct labor-hour and Job CD4340 required 100 direct labor-hours. If Job CD4340 consisted of 1,000 pieces of pottery, the cost of goods sold per piece was:
Business
1 answer:
pychu [463]4 years ago
3 0

Answer:

COGS unit= $13.1

Explanation:

Giving the following information:

During June, the following costs were incurred on Job CD4340: Direct materials $3,500

Direct labor $6,400.

Selling and shipping costs incurred $2,500

The manager applied manufacturing overhead at a rate of $32 per direct labor-hour.

Job CD4340 required 100 direct labor-hours.

Q= 1000 pieces

Cost of goods sold= direct material + direct labor + manufacturing overhead

COGS= 3500 + 6400 + (32* 100)= $13,100

COGS unit= 13100/1000= $13.1

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Skipper just got hired as a media liaison for RPA Mines. He will be communicating the mission of the company, as well as giving
Degger [83]

Answer:

A) verbal

Explanation:

Since,sSkipper just got hired as a media liaison for RPA Mines. He will be communicating the mission of the company, as well as giving progress reports on the company’s operations and environmental impact. So, skipper need to rely heavily on his communication abilities that is verbal abilities.

Hence, the correct option is A) verbal

5 0
3 years ago
Why can some taxes that appear to be regressive in terms of current income be thought of as progressive from a lifetime tax inci
lara [203]

Answer:

The description is outlined in the clarification segment below, as per the case provided.

Explanation:

  • The prevalence of either a lifetime tax on some kind of fixed income has been known to be a long-term perspective including its broader economic impact of taxation since they complement instead of just replace.
  • The existing income taxes would raise the quarterly funds to meet, but perhaps the cumulative occurrence of tax would enhance the power to charge for existence.  

5 0
3 years ago
The journal entry to close the Fees Earned, $750, and Rent Revenue, $175, accounts during the year-end closing process would be:
maks197457 [2]

Answer:

c. Dec. 31Fees Earned750 Rent Revenue175 Income Summary925

Explanation:

The journal entry to record the closing of Fees earned and rent revenue is given below:

On Dec 31

Fees earned $750

Rent revenue $175

         To Income summary $925

(Being the revenues and fees earned is closed)

For recording this we debited the fees earned and rent revenue and credited the income summary so that the correct recording and posting could be done

Therefore the total amount of $925 is credited to income summary

5 0
4 years ago
The project team is ordering a server after discovering that it was missed in the original scope discovery of the project. There
11Alexandr11 [23.1K]

Complete Question:

The project team is ordering a server after discovering that it was missed in the original scope discovery of the project. There is an urgency to have it delivered quickly to minimize schedule slippage, but the project team does not want to spend money from dwindling reserves to pay for the additional shipping charges. Which of the following is the most accurate description of this situation?

A. There is an attribute issue since fast shipping and low cost shipping are both characteristics associated with shipping.

B. There is a budget issue since there isn't extra money for shipping.

C. There is a mutual exclusivity issue since shipping fast and low cost do not correlate to each other.

D. There is a time issue since the server needs to arrive quickly

Answer:

C. There is a mutual exclusivity issue since shipping fast and low cost do not correlate to each other

Explanation:

The most accurate description of this situation is that there is a mutual exclusivity issue since shipping fast and low cost do not correlate to each other. If two events are mutually exclusive, they cannot occur concurrently.

Mutually exclusivity describes the characteristics of events, which makes it impossible for them to occur together  (concurrently) or at the same time. This ultimately implies that the events or outcome of the sampling is disjointed.

In this scenario, there is an urgency to have the server delivered quickly (shipping fast) to minimize schedule slippage, but the project team does not want to spend money from dwindling reserves to pay for the additional shipping charges which is considered to be a high cost.

5 0
4 years ago
Assuming there are only two types of outputs in a country: consumer goods and nuclear missiles. All else being constant, as the
MAXImum [283]

Answer:

C. every additional missile will reduce consumer goods production more and more.

Explanation:

Due to the fact there are limited resources in the economy, as more of one product is being produced, there would be less resources available to produce the second good and as a result,  the number of the other good that can be produced would reduce.

As more of one good is produced, the opportunity cost of producing the other good increases.

As more missiles are produced, less consumer goods would be produced and the opportunity cost of consumer goods would increase.

This can be understood by looking at the production possibility curve.

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  

As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced

It is for this reason that the production possibility frontier is bowed outwards

8 0
3 years ago
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