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Ainat [17]
3 years ago
8

Omestead crafts, a distributor of handmade gifts, operates out of owner emma finn's house. at the end of the current period, emm

a reports she has: 1,300 units (products) in her basement, 20 of which were damaged by water and cannot be sold. 350 units in her van, ready to deliver per a customer order, terms fob destination. 80 units out on consignment to a friend who owns a retail store. how many units should emma include in her company's period-end inventory?
Business
1 answer:
grigory [225]3 years ago
7 0

1,710 units

1,300 in inventory

+ 350 in transit

+ 80 on consignment

= 1730

- 20 damaged units

=1,710 units in period end inventory

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2 years ago
In the first year of your career you learn that to be promoted, you must demonstrate that you have the skills for the next level
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5 0
1 year ago
​J&amp;A Corporation has a monthly target operating income of $ 45 comma 900. Variable expenses are 10​% of sales and monthly fi
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1.37

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Given that

Operating income = $45,900

Variable expenses = 10%

Fixed expenses = $17,100

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Contribution margin = Operating income + Fixed expenses

= $45,900 + $17,100

= $63,000

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= 1.37

4 0
3 years ago
Mentor Corp. has provided the following information for the current year: Units produced 3,500 units Sale price $ 200 per unit D
weqwewe [10]

Answer:

Hence, the unit product cost using absorption costing is $318

Explanation:

For computing the unit product cost, the following things is need to be considered.

1. Direct material = Production units ×  per unit material price

                           = 3,500 × $70

                           =$245,000

2. Direct labor = Production units × per unit labor price

                        = 3,500 × $55

                        = $192,500

3. Variable manufacturing overhead = Production units × per unit variable manufacturing price

                                                             = 3,500 × 20

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4. Fixed manufacturing overhead = $350,000

6. Variable selling and administrative cost = Production units × per unit varaible selling price

= 3,500 × 30

= $105,000

7. Fixed selling and administrative costs = $150,000

Now add these all items and divide by number of units.

So, total cost is equal to

= $245,000 + $192,500 + $70,000 + $350,000 + $105,000 + $150,000

= $1,112,500

And, units produced is = 3,500 units

So, unit product cost = Total cost ÷ units produced

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                                   = $318

Hence, the unit product cost using absorption costing is $318

7 0
3 years ago
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