Answer: C. $950
Explanation:
Hello.
Your question was missing a few details so I threw them in. You'll find it in attachments.
To calculate the total Manufacturing costs for Job 201 we would need to calculate the overhead cost allocation rate first to find out how much Overhead to allocate to Job 201.
Using a normal costing system with direct labour cost as the allocation base,
Overhead allocation rate = (Overheads/Direct Labor Cost)*100
= (100,000/50,000)*100
=200%
Overhead allocation rate is 200% or 2x direct labor cost.
Now to calculate the total Manufacturing costs of Job 201,
Total manufacturing cost for Job 201 = Direct Material + Direct Labor + Manufacturing Overheads
= 350 + 200 + (200*2 for manufacturing overhead)
= 350 + 200 + 400
= $950
$950 is the total manufacturing cost for Job 201 making option C correct.
Answer:
dunno, probably cause u didn't ask
Explanation:
Answer:
Return or Percentage Loss=-0.48=-48%
Explanation:
Given Data:
The margin requirement on a stock purchase =25%
Number of shares=100 shares
Price of purchase=$25/ share
Drop in Price=$22
Required:
Percentage loss=?
Solution:
Loss occurred=($22-$25)*100
Loss occurred=-$300
Actual amount at which shares are bought=0.25*($25*100)
Actual amount at which shares are bought=$625
Return or Percentage Loss=
Return or Percentage Loss=
Return or Percentage Loss=-0.48=-48%
What we are looking for is the Debt-GDP ratio in percentage.
In economics, the debt-to-GDP ratio is the ratio in the middle of a country's
government debt (a cumulative amount) and its gross domestic product (GDP) that
is measured in years.
Solution: This ratio is calculated as (350 / 14500) x 100 =
0.02414 x 100 = 2.4 (rounded to one decimal place). The deficit is 2.4% of GDP.
Answer:
Lucky Enterprises Income statement
Amount in $ Amount in $
Revenue 122,100
Operating expenses:
Salaries and Wages Expense 83,300
Rent Expense 22,400
Supplies Expense 5,500
Insurance Expense 3,700
Interest Expense 800
Bad Debt Expense 900
Depreciation Expense <u> 2,100</u>
<u> </u><u>(118,700
)</u><u> </u>
Net Income/(loss) <u> </u><u>3,400</u><u> </u>
Explanation:
The income statement is the statement that shows if an organization made a net income or loss from its operations over a period of time.
It shows the sales and expenses of the organization.