1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
shepuryov [24]
2 years ago
8

Closet Links Clothing Company provided the following manufacturing costs for the month of June. Direct labor cost $ 132 comma 00

0 Direct materials cost 83 comma 000 Equipment depreciation ​(straightminus​line) 20 comma 000 Factory insurance 18 comma 000 Factory​ manager's salary 10 comma 000 ​Janitor's salary 3 comma 000 Packaging costs 19 comma 800 Property taxes 16 comma 000 From the above​ information, calculate Closet​ Link's total variable costs.
Business
1 answer:
schepotkina [342]2 years ago
7 0

Answer:

Closet​ Link's total variable costs is $234,800

Explanation:

Given:

Direct labor cost = $ 132,000

Direct materials cost = $83,000

Equipment depreciation ​(straight-​line) = $20,000

Factory insurance = $18,000

Factory​ manager's salary = $10,000 ​

Janitor's salary = $3,000

Packaging costs = $19,800

Property taxes = $16,000

Total variable costs = Direct materials cost + Direct labor cost + Packaging costs

= $83,000 + $132,000 + $19,800 = $234,800

You might be interested in
Is Ann Wood a high-involvement manager? If so, provide evidence. If not, how well do you think she’ll perform in her new job as
Soloha48 [4]
Yes she is










Search it on google
5 0
3 years ago
The subject property has a total value of $280,000 by the sales comparison approach. A competitive neighborhood nearby has home
True [87]

The value of the subject land is $84,000.

Given,

75,000 / 250,000 = 0.30

280,000 * 0.30 = 84,000

Land value is the measure of the way lots a plot of land is worth, now not counting any buildings but including improvements inclusive of better drainage. when a landowner can pay taxes on her actual property, a part of what is taxed is the fee of the land, in addition to whatever structures sit down atop it.

To measure the price of land use the traditional value approach: Use RS means statistics on prices to calculate the fee of the belongings as though it has been new. Subtract depreciation. The result is an estimate of the fee of the modern structure. Subtract from sale fee to get land cost.

<em />

<em>Your question is incomplete. Please read below to find the missing content.</em>

The subject property has a total value of $280,000 by the sales comparison approach. A competitive neighborhood nearby has home sales with a median value of $250,000, and recent lot sales at $75,000. By allocation, what would be the value of the subject land?

$68,000

$76,000

$84,000

$92,500

Learn more about statistics here: brainly.com/question/4219149

#SPJ4

5 0
2 years ago
Kendall Company has sales of 1,000 units at $60 a unit. Variable expenses are 30% of the selling price. If total fixed expenses
Lelu [443]

Answer:

There are several ways to compute the degree of operating leverage (DOL). A fairly intuitive approach is expressed below.

DOL = (sales - variable costs) / (sales - variable costs - fixed costs)

For Kendall, the DOL is computed as follows:

DOL = (1,000 * $60 - 1,000 * $60 * .30) / (1,000 * $60 - 1,000 * $60 * .30 - $30,000) = 3.5

<em>hope this helps</em>

<em />

<em />

<em />

<em />

8 0
2 years ago
Kenneth Corporation expects to incur indirect overhead costs of $166,400 per month and direct manufacturing costs of $22 per uni
Eva8 [605]

Explanation:

The computation is shown below:

1.  For Predetermined overhead rate

Predetermined overhead rate = (Total estimated manufacturing overhead for 4 months) ÷ (Total number of units)

where,

Total estimated direct manufacturing cost is

= $166,400 × 4 months

= $665,600

And, the total number of units is

= 4,700 units + 8,700 units + 4,300 units + 7,900 units

= 25,600 units

So, the predetermined overhead rate is

= $665,600 ÷ 25,600 units

= $26 per unit

2. Now the allocated cost for each month is shown below:

For January

= 4,700 units × $26

= $122,200

For February

= 8,700 units × $26

= $226,200

For March

= 4,300 units × $26

= $111,800

For April

= 7,900 units × $26

= $205,400

c. Now the total cost per unit is

= $22 + $26

= $48 per unit

5 0
3 years ago
Your credit card has a credit limit of $1,000. Your credit card company reviews your credit line every 6 months. They will not i
Mice21 [21]

Answer:

2 years and 6 months

Explanation:

after 6months

     $1,000 x 10% = $100

     $1,000 + $100 = $1,100

after 1 year

     $1,100 x 10% = $110

     $1,100 + $110 = $1,210

after 1 year and 6 months

     $1,210 x 10% = $121

     $1,210 + $121 = $1,331

after 2 years

     $1,331 x 10% = $133.10

     $1,331 + $133.10 = $1,464.10

after 2 years and 6 months

     $1,464.10 x 10% = $146.41

     $1,464.10 + $146.41 = $1,610.51

4 0
2 years ago
Other questions:
  • If you bought Nike stock for $76 a share and sold them for $100 per share, your profit was
    10·1 answer
  • Marketing research showed that consumers in the West and the Southwest like spicier foods than those in the Southeast and East.
    7·1 answer
  • Logan is a midlevel manager at Oranges Inc. When she turns 60, her company forces her to take mandatory retirement in exchange f
    13·1 answer
  • Assume today’s settlement price on a CME EUR futures contract is $1.3140/EUR. You have a short position in one contract. Your pe
    15·1 answer
  • Zhou owns a nonrental business with two separate departments. Department A generates net income of $70,000, and Department B gen
    13·1 answer
  • Which of these items is not considered to be a want?
    14·1 answer
  • The desire for which item(s) would be considered a noneconomic want?
    14·1 answer
  • 2. Matthew bakes apple pies that he sells at the local farmer’s market. If the price of apples increases, the a. supply curve fo
    7·1 answer
  • Smashed Pumpkins Co. paid $192 in dividends and $617 in interest over the past year. The company increased retained earnings by
    10·1 answer
  • Question 10 of 15 A tax-sheltered annuity is a special tax-favored retirement plan available to ACertain age groups only. BCerta
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!