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3 years ago

The following costs were incurred in September:

Business

1 answer:

german3 years ago

3 0

Answer:

Option (c) is correct.

Explanation:

Given that,

Direct materials = $40,100

Direct labor = $29,700

Manufacturing overhead = $21,200

Selling expenses = $25,600

Administrative expenses = $32,100

Therefore, the Conversion costs during the month as follows:

= Direct labor + Manufacturing overhead

= $29,700 + $21,200

= $50,900

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A stock’s dividend is expected to grow at a constant rate of 5 percent a year. Which of the following statements is most correct

vova2212 [387]

Answer:

Option C

Explanation:

the correct answer is Option C

when the stock's dividend is expected to grow at a constant rate of 5 percent per year then the price of the stock expected to be higher by 5% over the span of one year.

hence, the only option which is correct is option C in which the expected growth is expected to be 5 % after one year.

6 0

3 years ago

Stewart Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plant-wide factory overhead rate

Sophie [7]

Answer:

Allocated MOH= $320

Explanation:

Giving the following information:

Overhead Direct Labor Product

Hours (dlh) A B

Painting Dept. $248,000 10,000 dlh 16 dlh 4 dlh

Finishing Dept. 72,000 10,000 4 16

Totals $320,000 20,000 dlh 20 dlh 20 dlh

<u>First, we need to calculate the plantwide overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 320,000 / 20,000

Predetermined manufacturing overhead rate= $16 per direct labor hour

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 16*20

Allocated MOH= $320

5 0

3 years ago

A company has net working capital of $2,204, current assets of $6,475, equity of $22,215, and long-term debt of $10,535. What is

kherson [118]

Answer:

Net fixed assets is $30546.

Explanation:

Given the net working capital = $2204

The current assets of the company = $6475

The equity of the company = $22215

Long term debt of the company = $10535

Net Working Capital = Current Assets – Current Liabilities

2204 = 6475 – current liabilities

Current liabilities = 6475 – 2204 = 4271

Total assets = Current Liabilities + Long term Debt + Total Equity

= 4271 + 10535 + 22215

= $37021

Total Liabilities and Stockholders Equity = Total Assets

Total assets = $37021

Total Assets = Current Assets + Net Fixed Assets

37021 = 6475 + net fixed assets

Net fixed assets = 37021 – 6475 = $30546

4 0

4 years ago

Everything else held constant, when bonds become less widely traded, and as a consequence the bond market becomes less liquid, t

Umnica [9.8K]

The demand curve for bonds shifts to the left and the interest rate rises.

left; rises

<h3>Influence of the demand curve</h3>

When bonds are not frequently traded, and the market becomes less liquid, the demand for the bonds falls.

As a result, with a fall in demand, the curve will move towards the left. To overcome the less liquid position, bond suppliers will raise the interest rate to attract investors and capital in the market

To overcome the less liquid position, bond suppliers will raise the interest rate to attract investors and capital in the market

Therefore, the correct answers are left and rise.

Learn more about demand curve from here: brainly.com/question/1486483

5 0

3 years ago

Which of the following is not a qualitative factor to be considered in a make-or-buy decision?

Karo-lina-s [1.5K]

Answer:

A) Possible lost jobs from buying outside

Explanation:

In a make-or-buy decision, technical aspects directly related to manufacturing are those that come into play: costs, schedules, quality, among others. A classic example is Apple. Because of the advantages in costs, quality, schedules and other aspects, Apple chooses to manufacture its products in China instead of manufacturing themselves or with a third party in the US, despite the loss of jobs that it generates.

4 0

3 years ago