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2 years ago

The following information is available for Rodriguez Industries:

Business

1 answer:

shepuryov [24]2 years ago

8 0

Answer:

$183,200

Explanation:

Given that,

Direct labor = $86,000

Total current manufacturing costs = $381,000

Manufacturing overhead is applied to production:

= 130% of direct labor cost

= 1.30 × $86,000

= $111,800

Total manufacturing costs = Direct material + Direct labor + Manufacturing overhead.

$381,000 = Direct material + $86,000 + $111,800

Direct material = $381,000 - $86,000 - $111,800

= $183,200

Therefore, the amount of direct materials used in production is $183,200.

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Alice earned $12 per hour. What equation shows the relationship between her

LenaWriter [7]

The equation shows the relationship between her weekly salary (w), hours per week (h), and rate per hour (r) is:

$w = h \times r$

Solution:

Given that,

Alice earned $12 per hour

1 hour = $ 12

Find the number of hours in 1 week

1 day = 24 hours

1 week = 7 days

Therefore,

1 week = 7 x 24 = 168 hours

Let "h" be the hours per week

let "r" be the rate per hour

Let "w" be the rate per hour

From given,

r = $ 12

h = 168 hours

weekly salary = hours per week x rate per hour

$w = h \times r$

$w = 168 \times 12\\\\w = 2016$

Thus, she earns $ 2016 for 1 week

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2 years ago

Read 2 more answers

One of the best ways to overcome fear is to know what happens in a typical interview

docker41 [41]

Answer:true

Explanation:

8 0

3 years ago

Coyne Corporation is evaluating a capital investment opportunity. This project would require an initial investment of $30,000 to

postnew [5]

Answer:

A. $41,120.

Explanation:

Year Description Cash flow Present [email protected]%

0 Equipment cost ($30,000) ($30,000)

1-4 Additional CF $24,000 $69,929.10

4 Residual value $2,000 $1,184.16

Present value total $41,113.26

Based on the above calculation, the answer shall be A. $41,120.

8 0

3 years ago

On October 15, 2019, the Department of Labor announced that the Producer Price Index (PPI) experienced an unexpected 1.1 percent

Kruka [31]

Answer:

A. We should expect higher interest rates and lower stock prices.

Explanation:

Producer price index refers to the price that producers recieve for their products. When there is an increase in PPI it means producers are receiving more revenue.

Increased revenue will result in more money in circulation. To regulate the excess money the monetary authorities will increase interest rate to reduce borrowing and by extension money in the economy.

Because there is now a need to get more funds by the companies, they will lower share prices to make them attractive to prospective investors.

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2 years ago

Atlarge Inc. owns 30% of the outstanding voting common stock of Ticker Co. and has the ability to significantly influence the in

dem82 [27]

Answer:

C. $22,672

B. $413,872

Explanation:

a. The computation of Amount realized by Ticker is shown below:-

Unrealized profit = (48,000 - $28,800) × 25% × 30%

= $19,200 × 25% × 30%

= $1,440

Unrealized profit from Additional sales = ($60,000 - $33,600) × 40% × 30%

= $26,400 × 40% × 30%

= $3,168

Ownership Interest = (Earned income × Outstanding percentage) + Unrealized profit - (Investment + Unrealized profit from Additional sales)

= (108,000 × 30%) + $1,440 - ($8,000 + $3,618)

= $32,400 + $1,440 - $11,618

= $22,672

b. The computation of balance in the Investment is given below:-

Balance of investment = Investment + Interest - Dividend

= $402,000 + $22,672 - ($36,000 × 30)

= $402,000 + $22,672 - $10,800

= $413,872

6 0

2 years ago