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Tpy6a [65]
4 years ago
10

Requirement 1. Calculate direct materials​ inventory, total​ cost, December​ 31, 2014. Determine the​ formula, then calculate en

ding direct materials total cost. x = Ending direct materials total cost x =
Business
1 answer:
Leto [7]4 years ago
4 0

Solution:

If 2 pounds of direct materials are used to make one unit of finished product, then 115,000 units × 2 lbs, or 230,000 lbs were used at $0.65 per lb of direct materials i.e. ($149,500 ÷ 230,000 lbs.).

The Formula for calculating Ending Direct Material Cost =

[Ending Direct Material Inventory * Cost per lb]

Therefore, Ending Direct Materials cost is 1,900 lbs. * $0.65 = $1,235.

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Jim and Carolyn, who are married, establish a Coverdell Education Savings Account to pay for the future college expenses of thei
nasty-shy [4]

Answer:

$2000

Explanation:

CESA is a tax deferred account founded by the USA government  to support educational expenses for children that are not more than 18 years of age .

CESA , an acronym for coverdell education savings accounts allows a couple who filed jointly with a modified adjusted income that is not more than $220,000 to contribute not more than $2000 per student for each year.

The contribution is tax free assuming it is less than the account holder's annual adjusted qualifies expenses

5 0
3 years ago
Question Workspace Exhibit 3-5 Supply for Tucker's Cola Data Quantity supplied per week (millions of gallons) Price per gallon 6
Lena [83]

Answer:

20 million gallons

Explanation

The market quantity supplied can be found by adding the quanirty supplied of the 5 suppliers.

When price is $1.5, tucker supplies 3 million gallons

3 + 10+2 + 5 + 0 = 20

I hope my answer helps you

5 0
4 years ago
Miranda wants to operate a small catering business out of her home, located in a quiet residential neighborhood. She
morpeh [17]

According to the given scenario, Miranda has discovered that her new business will definitely be successful. Thus, option first is correct.

<h3>What is Business?</h3>

A business is an organization or enterprising body that engages in commercial, industrial, or professional activities. Businesses can be nonprofit organizations or for-profit enterprises.

Among the various business structures are partnerships, corporations, limited liability companies, and sole proprietorship.

According to the above situation, Miranda has learned that the future of her new company is bright as he has taken certain important steps in order to grow her business.

Therefore, it can be concluded that first is correct.

Learn more about business here:

brainly.com/question/15826604

#SPJ1

5 0
1 year ago
A local newspaper is planning to come up with a special series on the growth of entrepreneurship within the community. each week
kodGreya [7K]

Answer – PUBLICITY

 

A business owner featured on a local newspaper to share his or her success story is being offered the opportunity to promote his or her business through publicity. This is because the article published about him or her will <span>build some measure of public awareness about his or her products, services or/and expertise.</span>

3 0
4 years ago
Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead cos
My name is Ann [436]

Answer:

\left[\begin{array}{cccccc}-&rate&7,700&8,700&9,700&10,700\\IL&1.2&9,240&10,440&11,640&12,840\\IM&0.5&4620&5,220&5,820&6,420&Utilities&0.2&924&10,44&1,164&1,284&Total  \: Variable&1.9&14,784&16,704&18,624&20,544&Fixed&6,100&6,100&6,100&6100&6,100&MO&-&20,884&22,804&24724&26,644&\end{array}\right]

Explanation:

You have to apply the rate to each activity level.

for example

DL rate 1.20 x 7700 = 9240

The fixed cost remains constant.

8 0
4 years ago
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