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Delvig [45]
3 years ago
14

Here is some basic data for Bella​ Company: Cost of materials purchases on account $ 81 comma 000 Cost of materials requisitione

d​ (includes $ 2 comma 900 of​ indirect) $ 55 comma 000 Direct labor costs incurred $ 95 comma 300 Manufacturing overhead costs​ incurred, including indirect materials $ 93 comma 500 Cost of goods completed $ 252 comma 200 Cost of goods sold $ 137 comma 600 Beginning raw materials inventory $ 19 comma 900 Beginning work in process inventory $ 34 comma 600 Beginning finished goods inventory $ 36 comma 000 Predetermined manufacturing overhead rate​ (as % of direct labor​ cost) 115​% The journal entry to record the allocation of manufacturing overhead involves a debit to work in process inventory of A. $ 75 comma 400. B. $ 63 comma 250.
Business
1 answer:
Nikolay [14]3 years ago
3 0

Answer:ompany: Cost of materials purchases on account $ 81 comma 000 Cost of materials requisitioned​ (includes $ 2 comma 900 of​ indirect) $ 55 comma 000 Direct labor costs incurred $ 95 comma 300 Manufacturing overhead costs​ incurred, including indirect materials $ 93 comma 500 Cost of goods completed $ 252 comma 200 Cost of goods sold $ 137 comma 600 Beginning raw materials inventory $ 19 comma 900 Beginning work in process inventory $ 34 comma 600 Beginning finished goods inventory $ 36 comma 000 Predetermined manufacturing overhead rate​ (as % of direct labor​ cost) 115​% The journal entry to record the allocation of manufacturing overhead involves a debit to work in process inventory of A. $ 75 comma 400. B. $ 63 comma 250.

Explanation:ts​ incurred, including indirect materials $ 93 comma 500 Cost of goods completed $ 252 comma 200 Cost of goods sold $ 137 comma 600 Beginning raw materials inventory $ 19 comma 900 Beginning work in process inventory $ 34 comma 600 Beginning finished goods inventory $ 36 comma 000 Predetermined manufacturing overhead rate​ (as % of direct labor​ cost) 115​% The journal entry to record the allocation of manufacturing overhead involves a debit to work in process inventory of A. $ 75 comma 400. B. $ 63 comma 250.

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Answer:ompany: Cost of materials purchases on account $ 81 comma 000 Cost of materials requisitioned​ (includes $ 2 comma 900 of​ indirect) $ 55 comma 000 Direct labor costs incurred $ 95 comma 300 Manufacturing overhead costs​ incurred, including indirect materials $ 93 comma 500 Cost of goods completed $ 252 comma 200 Cost of goods sold $ 137 comma 600 Beginning raw materials inventory $ 19 comma 900 Beginning work in process inventory $ 34 comma 600 Beginning finished goods inventory $ 36 comma 000 Predetermined manufacturing overhead rate​ (as % of direct labor​ cost) 115​% The journal entry to record the allocation of manufacturing overhead involves a debit to work in process inventory of A. $ 75 comma 400. B. $ 63 comma 250.

 

Explanation:

 f manufacturing overhead involves a debit to work in process inventory of A. $ 75 comma 400. B. $ 63 comma 250.

Hold on, our servers are swamped. Wait for your answer to fully load.

 $ 252 comma 200 Cost of goods sold $ 137 comma 600 Beginning raw materials inventory $ 19 comma 900 Beginning work in process inventory $ 34 comma 600 Beginning finished goods inventory $ 36 comma 000 Predetermined manufacturing overhead rate​ (as % of direct labor​ cost) 115​% The journal entry to record the allocation of manufacturing overhead involves a debit to work in process inventory of A. $ 75 comma 400. B. $ 63 comma

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An augmented product is any extra value that is attached to a physical product that is sold.
sesenic [268]
An augmented product is something that has physical and non-physical attributes that add to the value of the product itself. 
4 0
3 years ago
In the economy of Ukzten in 2010, consumption was $6000, exports were $1000, GDP was $10,000, government purchases were $2000, a
Blababa [14]

Answer:

I= $1,600

Explanation:

We have to clear Investment from the GDP formula:

GDP= Consumption (C)+ Investment (I)+ Government expenditure (G)+ Net exports (exports-imports)

I=GDP-G-C-(X-M)

The problem gives this information:

GDP: $10,000

G: $2,000

C: $6,000

X: $1,000

M: $600

I= $10,000-$2,000-$6,000-($1,000-$600)

Investment in 2010=$1,600

7 0
3 years ago
During its first year of operations, Maria Rose invested $25,000 in Roseland Inc. in exchange for its common stock. The company
Mazyrski [523]

Answer:

$80,000

Explanation:

During the first year of oeration Maria Rose invested $25,000 in Roseland incorporation

The company earned $68,000 in revenue

They incurred expenses of $32,000

A cash dividend of $5,000 was paid out to Maria

The company owed $24,00£ to its creditors

Assets = liabilities - equity

The first step is to calculate the equity

Equity= common stock - dividend + revenue-expenses incurred

= $25,000-$5,000+$68,000-$32,000

= $20,000+$36,000

= $56,000

Therefore the company's assets can be calculated as follows

= $24,000 + $56,000

= $80,000

Hence the total company's assets is $80,000

8 0
3 years ago
If the margin of safety is 0, then a.the margin of safety cannot be less than or equal to 0; it must be positive. b.the company
sdas [7]

Answer:

d.the company is precisely breaking even.

Explanation:

Margin of safety is referred to current sales - Break even sales ratio to current sales as a percentage.

Basically it is quoted as follows:

\frac{Current\ sales\ -\ Break-even\ Sales}{Current\ Sales} \times 100

Therefore, when the current sales = Break even sales then only the company will have margin of safety = 0

Thus, at 0 margin of safety the company basically is at no profit no loss situation, that is break even.

3 0
3 years ago
Suppose that a firm produces 200,000 units a year and sells them all for $10 each. The explicit costs of production are $1,500,0
satela [25.4K]

Answer:

Accounting profit will be $500000

Economic profit will be $200000

Explanation:

We have given number of units produces = 200000

Cost of one unit = $10

So total cost of production = 100000×$10 = $1000000

Explicit cost = $1500000

And implicit cost = $300000

We know that accounting profit = revenue - explicit cost = $1000000-$1500000 = $500000

And economic profit = revenue - implicit cost = $1000000-$300000 = $200000  

7 0
3 years ago
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