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maxonik [38]
3 years ago
9

Delgato Corporation, a manufacturing company, has provided data concerning its operations for September. The beginning balance i

n the raw materials account was $55,000 and the ending balance was $47,000. Raw materials purchases during the month totaled $93,000. Manufacturing overhead cost incurred during the month was $120,000, of which $3,000 consisted of raw materials classified as indirect materials. The direct materials cost for November was:
Business
1 answer:
Strike441 [17]3 years ago
3 0

Answer:

$101,000

Provided

Opening Material = $55,000

Add: Raw Material Purchases = $93,000

Less: Closing Material = ($47,000)

Net Direct Material Cost = $101,000

Note: This further cost provided of Manufacturing overheads is not to be considered as this is not material cost, and cost of overheads.

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If Management was not concerned with the time value of money, from which two capital budgeting methods should they choose?
Neporo4naja [7]

Answer:

ARR or Payback

Explanation:

Here are the options to this question

Multiple Choice

BET or IRR

ARR or Payback

NPV or IRR

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BET or NPV

Accounting rate of return = Average net income / Average book value  

Average book value = (cost of equipment - salvage value) / 2

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Payback period = Amount invested / cash flow

The NPV and IRR considers the time value of money by discounting the cash flow at discount rate.

Net present value is the present value of after tax cash flows from an investment less the amount invested.

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7 0
3 years ago
Applying the concept of opportunity cost to the pollution of a lake, an economist probably would conclude that: a. no pollution
mrs_skeptik [129]

Answer:

d. pollution should be eliminated as long as the benefit from a cleanup exceeds the opportunity cost.

Explanation:

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In this case as long as the benefit from cleaning up the pollution is greater than the opportunity cost (pollution) it should be undertaken.

5 0
3 years ago
Albert Inc. has both common and preferred stock outstanding. Which should be listed first in the stockholders' equity section of
Talja [164]

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3 0
3 years ago
"Moccasin Company manufactures cotton shirts. 12,000 shirts are produced during the first week of July. The unit quantity standa
steposvetlana [31]

Answer:

<em>The answer is 72,000 Meters.</em>

Explanation:

From the question given, let us recall:

Moccasin Company produces cotton shirts.  =12,000

The unit quantity standard = 6 meters

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The next step is to determine  the quantity of cloth that should be used for the actual output of 12,000 shirts.

Quantity of cloth that should be used

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Oksana_A [137]
All of the answers are correct, for the bibliographic entry you need their name, date, and the type of interview conducted. 
5 0
3 years ago
Read 2 more answers
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