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ExtremeBDS [4]
3 years ago
6

A stadium incurs a number of costs to accommodate fans. If a stadium pays $16,000 for labor, $55,000 for leasing parking space,

and $60,000 to provide busing to and from the parking areas, what percentage costs for labor, leasing, and busing as a percentage of total costs?
Business
1 answer:
MatroZZZ [7]3 years ago
5 0

Answer:

12. 21 % ; 41.98 % and  45.80 % as below

Explanation:

Total cost for the stadium is

labor $      $16,000

leasing the parking fee   $55,000

Busing to and from   $60,000

Total cost     $131,000

Percentage per item

1. labor = 16000/131000 x 100

  =12.21 percent

2.leasing parking space= 55000/131000 x 100

     =41. 98 percent

3.Parking space= 60,000/131000x100

   =45.80 percent

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Best Deals, Inc. has 10 units in ending merchandise inventory on December 31. The units were purchased in November for $160 each
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Answer:

$1,600

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4 0
3 years ago
The following cost data relate to the manufacturing activities of Chang Company during the just completed year:
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Answer:

Amount of underapplied or overapplied overhead cost for the year

$97000 - Underapplied

Schedule of cost of goods manufactured for the year

Direct Material                                3885000

Direct Labor                                      60000

Overheads                                       376000

Total Manufacturing Costs             4321000

Add Opening Inventory WIP           400000

Less Closing Inventory WIP            (700000)

Cost of Goods Manufactured         4021000

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Less Indirect Materials                                 15000

Direct Materials Consumed                       3885000

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