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3 years ago

Conversion costs are__________.

Business

1 answer:

Arturiano [62]3 years ago

6 0

Answer: C - direct labor and manufacturing overhead.

Explanation: Conversion costs are costs incurred in bringing raw materials to finished products. Its a cost that includes direct labour and manufacturing overheads because they both relate directly to the conversion of the raw materials to finished products.

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Majer Corporation makes a product with the following standard costs:Standard Quantity or Hours Standard Price or Rate Standard C

Vika [28.1K]

Answer:

variable overhead efficiency variance= $2,400 favorable

Explanation:

Giving the following information:

Standard:

Variable overhead = $4.00 per hour

Actual output of 5,000 units

Actual direct labor-hours 1,900 hours

To calculate the variable overhead efficiency variance, we need to use the following formula:

variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Standard quantity= 5,000 units* 0.5 hours= 2,500 hours

Actual quantity= 1,900 hours

variable overhead efficiency variance= (2,500 - 1,900)*4= $2,400 favorable

7 0

4 years ago

Carla has applied for a loan. Which condition makes it likely that she will get an unsecured loan?A.She has a very good credit h

dangina [55]

Answer:

The correct answer is A

Explanation:

Unsecured loan is the kind of loan which is not attached to any kind of collateral. The assurance which is required from the lender that the person will repay the debt, which is the person creditworthiness and on the words of the person.

The unsecured loans involve the student loans as well as personal loans. And credit cards is also the another kind of unsecured credit, referred to as revolving credit, where the person borrow and repay the money monthly.

So, Carla applying for the loan, the condition which make the loan likely is that she has a good credit history, in order to get the unsecured loan.

5 0

3 years ago

Read 2 more answers

Last year, Ricardo sold a piece of unimproved real estate to Cliff for $20,000. Ricardo acquired the property 15 years ago at a

Afina-wow [57]

The correct answer is : 7000

4 0

3 years ago

What is the typical relationship between satisfaction and loyalty?

ra1l [238]

The typical relationship between satisfaction and loyalty is Satisfaction determines loyalty.

<h3>How are satisfaction and loyalty related?</h3>

In the business world, loyalty is dependent on satisfaction because the level of satisfaction that a consumer gets will determine if they will be loyal to a brand.

This is why companies place a huge premium on pleasing their customers to ensure that they are loyal to the brand.

Find out more on loyalty in business at brainly.com/question/26372157.

#SPJ12

5 0

3 years ago

Miller Safety Equipment uses multiple production department rates to apply overhead to products. The company will allocate suppo

natita [175]

Answer:

c.used by the department

Explanation:

Since in the question it is mentioned that Miller Safety Equipment uses multiple production department rates so that it applied the overhead to products.

And according to that the allocation of support department cost to production

Here, the multiple production department rates are used so the support activity should be only used by the department.

5 0

3 years ago