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ioda
3 years ago
14

Trak Corporation incurred the following costs while manufacturing its bicycles.

Business
1 answer:
Debora [2.8K]3 years ago
6 0

Answer:

See the explanation below.

Explanation:

Too answer the question, each of the cost items is first explained as follows:

a. Direct materials cost: These materials and supplies that are used when a product is being manufactured.

b. Direct labor: This is labor that is involved in converting materials to finished good. They are directly involved in production.  

c. Manufacturing overhead: These are cost incurred in the process of producing a good.

d. Period costs: These are part of selling and administrative expenses.

Based on the above, each of the costs can be identified as follows:

Bicycle components  $100,000 = direct materials

Advertising expense $45,000 = period costs

Depreciation on plant 60,000 = manufacturing overhead

Property taxes on plant 14,000 = manufacturing overhead

Property taxes on store 7,500 = period costs

Delivery expense 21,000 = period costs

Labor costs of assembly-line workers 110,000 = direct labor

Sales commissions 35,000 = period costs

Factory supplies used 13,000 = direct materials

Salaries paid to sales clerks 50,000 = period costs

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Answer:

The correct answer is option b.

Explanation:

GDP is a measure of economic growth that shows the level of final goods and services produced in an economy in a year. It includes only final goods and services, intermediate goods are not included.  

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Explanation:

Emerging economies also referred to as developing countries or emerging markets are countries which are investing in more in their productive capacity ans are also gradually moving away from agriculture as it main occupation and there is increase in industrialization.

Due to emerging markets, the world is moving closer to an economic system that is more favorable for international business. There are more quality goods produced by nations and advancement in technology has also helped the economy.

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The annualized return is:

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= ( ( 1 + 7.66%) ³⁶⁵ / ⁴¹⁰ - 1)

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