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Fofino [41]
3 years ago
7

1. The following costs were incurred in September:

Business
1 answer:
Nata [24]3 years ago
3 0

Answer:

1) conversion costs = direct labor + manufacturing costs = $29,700 + $21,200 = $50,900

2) prime costs = direct labor + direct materials = $29,700 + $46,600 = $69,900

3) direct labor = 45% of conversion costs

conversion costs = direct labor + manufacturing overhead

manufacturing overhead = 55% of conversion costs

conversion costs = $80,300 / 55% = $146,000

direct labor = $146,000 - $80,300 = $65,700

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Answer:

The correct answer is letter "E": benchmarking.

Explanation:

Benchmarking refers to a study a company makes of the best performers of its industry in an attempt to identify their strategies so they can be compared to the ones of the firm conducting the research. The comparison aims to spot improvement areas and to adapt the good practices according to the business operations. Benchmarking should be conducted periodically by institutions that attempt to keep up to the pace of leading competitors.

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In the cleveland custom cabinets case, the owner of the company thought it was all right to manipulate the financial statement n
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In the Cleveland custom cabinets case, the owner of the company thought it was all right to manipulate the financial statement numbers primarily because he was the sole owner of the company and controlled the board of directors.

But, the sole owner is for my part answerable for all debts incurred by using the enterprise." Examples of sole owners encompass small corporations which include, a local grocery keep, local garments save, an artist, a freelance author, an IT representative, a freelance photo designer, etc.

A sole owner—additionally called a sole trader or a proprietorship—is an unincorporated business that has simply one proprietor who will pay private earnings tax on profits earned from the commercial enterprise.

Sole ownership manner distinct possession. it is a possession so entire that no other man or woman has any interest in the assets. someone's ownership is "sole" while no person apart from the character has any interest inside the belongings as owner.

Learn more about  sole owner here brainly.com/question/4442710

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