It is suggested you use which of the following to learn about the position for which you are being interviewed?

This problem has been solved!

liubo4ka [24]

Answer:

A Overhead: 180,634

B Production Cost: 214,410

C Period Cost: 71,091

Explanation:

Manufacturing overhead

Factory utilities 16,942

Depreciation on factory equipment 13,387

Property taxes on factory building 3,252

Indirect factory labor 49,656

Repairs to office equipment 2,179

Indirect materials 84,468

Factory repairs 2,465

Factory manager's salary 8,285

Total: 180.634

Product Cost

Direct labor 71, 743

Direct materials used 142,667

Total: 214,410‬

Period Cost

Sales salaries 47, 310

Depreciation on delivery trucks 4,546

Advertising 15, 712

Office supplies used 3,523

Total: 71,091

5 0

3 years ago

ctivity-Based Costing Casual Cuts Inc. has total estimated factory overhead for the year of $225,000, divided into four activiti

VMariaS [17]

Answer:The activity rate for each activity of Company CC is:

Activity rate for cutting is $60 per dlh.

Activity rate for sewing is $15 per dlh.

Activity rate setup is $80 per setup.

Activity rate for inspection is $65 per inspection.

Explanation: Activity based costing trace overhead cost to each activity and absorbed at a rate for each activity rather than a rate per direct labour hour

Calculate activity rate for cutting

Cutting = cost of cutting/ Number of labour hours

$90,000/1500 = $60 per direct labour hour

Calculate the cost of sewing

Sewing= cost of sewing/ Number of labour hours

$22,500/1500 = $15 per direct labour hour

Calculate the cost of set up

Setup = cost of set up/ number of set ups

$80,000/ 1000 = $80 per set up

Calculate the cost of inspection

Inspection = cost of inspection/ number of inspection

$32,500/ 500 = $65 per inspection

5 0

3 years ago

The following budget information is available for the Arch Company for January Year 2: Sales $ 860,000 Cost of goods sold 540,00

igomit [66]

Answer and Explanation:

The computation of the total budgeted selling and administrative expenses is shown below;

Utilities expense $2,800

Administrative salaries $100,000

Sales commissions 5 % of sales i.e. 5% of $860,000 $43,000

Advertising $20,000

Depreciation on store equipment $50,000

Rent on administration building $60,000

Miscellaneous administrative expenses $10,000

total budgeted selling and administrative expenses $285,800

3 0

2 years ago

How do you get brainlist

miss Akunina [59]

Answer:

To get brainliest, you have to provide a very good answer, and the person who asked the question can pick your answer to be brainliest using a bottom right of the question icon. A brainliest answer probably helped the user, and they are happy enough with your question to award you this.

Explanation:

8 0

3 years ago

Using the following information, what is the amount of net income? Purchases $ 33,114 Selling expenses $ 677 Merchandise invento

NeX [460]

The net income is $32,961

Explanation:

To calculate the net income, we will classify the transaction into income and expenses, and compute the difference between their totals;

Income;

Merchandise inventory Sept. 1 = $ 7,740

Merchandise inventory Sept. 30 = $ 11,372

Sales = $ 50,575

Total = $ 69,687

Expenses;

Purchases = $ 33,114

Selling expenses = $ 677

Administrative expense = $ 665

Rent Revenue = $ 1,118

Interest expense = $ 1,152

Total = $ 36,726

Net income = Total income - Total expenses

= 69,687 - 36,716

= $ 32,961

4 0

3 years ago