1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Bess [88]
3 years ago
6

The Silver Center (TSC) produces cups and platters. TSC purchases silver and other metals that are processed into silver alloy t

hat is used to make platters and cups. TSC incurred $40,000 of materials cost and $44,000 of labor cost to produce the silver alloy. Platters are made first and the residual alloy is remixed into a lower grade silver plated material that is used to make the cups. Remixing cost amount to $2,000. The recent batch contained 4,000 platters and 1,000 cups. TSC sold the platters for $100,000 and the cups for $12,000. Based on this information the total amount of joint cost is?a. $67,200.b. $32,800.c. $12,000.d. $(4,800).
Business
1 answer:
hoa [83]3 years ago
8 0

The total amount of joint cost is $32,800

Explanation:

Cost to be allocated ÷ Allocation base = Allocation rate

($40,000 + $44,000) ÷ (4,000 platters + 1,000 cups)

                               = $16.80 per unit

Allocation rate x Weight of the base = amount to allocate

$16.80 x 4,000 units = $67,200 to platters

$16.80 x 1,000 units = $16,800 to cups

                                                            Platters         Cups

Sales                                                  $ 100,000     $12,000

Allocated joint cost                             (67,200)      (16,800)

Further processing cost                          0              (2,000)

Income                                                $32,800      $(6,800)

You might be interested in
What is a stock market? What is an example of a stock market?
g100num [7]
The stock market is where shares of public limited companies are traded. An example is the New York stock exchange.
6 0
3 years ago
Read 2 more answers
Prompt 1 in his 2015 papal encyclical, laudato si', in which he addresses climate change and our collective responsibility to ca
iogann1982 [59]

Suppose in studying Climate Change we discover that in one country, deserts are going to be created where formerly there was grasslands and an abundance of water and in another place the coastlines are going to be altered. If you are an American, how do you think a politician is going to respond to such a problem.

Will his/her response be well thought out based on scientific preparedness, or will he (or she) grab onto the first solution suggestion to him/her and try and implement that?

Whatever he/she does, it will cost and everyone will be affected. A starting place is to find out what presidents in the past have done. During the Bush administration (the second Bush), there was an oil crisis. He responded by allocating more acreage to the growing of corn so supplementing oil production. Replaceable resources for non renewable ones. Sounded like a very good solution, but was it? As it turned out, no. He was robbing Peter to pay Paul. Thousands of people suffered (and died) with that decision because food is much more important than solving transportation problems at the expense of food.

The same is true here. If a solution is sought for global warming, politicians have to be well aware of what they are doing. And that has to be studied very carefully.

6 0
3 years ago
Gross Domestic Product equals $1.2 trillion. If consumption equals $690 billion, investment equals $200 billion, and government
4vir4ik [10]

Answer:

imports exceed exports by $50 billion.

Explanation:

Calculation to determine how much imports exceed exports

Gross Domestic Product $1.2 trillion

Less Consumption ($690 billion)

Less Investment ($200 billion)

Less Government spending ($260 billion)

($1.2 trillion-$690 billion-$200 billion-$260 billion)

Then:imports exceed exports by $50 billion

5 0
3 years ago
Many small businesses choose to outsource their payroll activities to firms that specialize in providing payroll services. Dolor
natita [175]

Answer:

revenue cycle

Explanation:

Dolores Yu provides a payroll processing business. According to question, service has been rendered and now its time to collect bills for those service.

Since revenue cycle is capturing of bills and payment for product or service rendered. The work mentioned in the problem is part of revenue cycle.

5 0
2 years ago
When wages rise faster than labor productivity what happens
n200080 [17]
People either get hired to balance out how much a company is paying their employees, or the price of their priduuct increases to balance out how much money their employees are getting paid
7 0
3 years ago
Other questions:
  • If a good is both excludable and nonrival in consumption, then it is
    5·1 answer
  • 1.Groups are characterized by mutual interaction and reciprocal influence.
    14·1 answer
  • Time span during which cash is paid for goods and services which are then sold to customers
    10·1 answer
  • The ___________________ is the part of the labor-management agreement that states that employees who receive union benefits must
    10·1 answer
  • Bank reconciliation information for Kaden Co. for May 31 is as follows: (a) The bank statement balance is $2,936. (b) The cash a
    11·1 answer
  • Bobby's farm is always subject to the weather. A bad storm or drought can devastate his crop. What type of risk does Bobby's bus
    11·1 answer
  • A company releases a​ five-year bond with a face value of​ $1,000 and coupons paid semiannually. If market interest rates imply
    15·1 answer
  • Answer this please please
    7·1 answer
  • Jackson is working late at night on a project that is due the next day. he is not sure how to print his word document, and it is
    13·2 answers
  • Consider two policies: a tax cut that will last for only one year and a tax cut that is expected to be permanent. True or False:
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!