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IRINA_888 [86]
3 years ago
14

In the united states the governemt protects the market by preventing what?

Business
1 answer:
e-lub [12.9K]3 years ago
7 0
Antitrust laws also referred to as competition laws, are statutes developed by the U.S. government to protect consumers from predatory business practices. They ensure that fair competition exists in an open-market economy.
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Which government agency is in charge of regulating the sale of stocks and bonds? A. The Securities and Exchange Commission B. Th
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A

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2 years ago
Quail Company builds snowboards. Quail Company has reported the following costs for the previous year. Assume no production inve
Whitepunk [10]

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a.the direct material costs= $ 131,000

b. the direct labor cost= $ 86,000

c. the manufacturing overhead= $ 282,100

d. the total manufacturing cost= $ 499,100

e.  the prime cost= $ 217,000

f.  the conversion cost= $ 368,100

g.  the total period cost== $ 165,000

Explanation:

a.The Direct Material Costs.

Fiber glass raw material          $ 93,000

Binding raw materials              <u>$ 38,000</u>

<u>Direct material costs.                $ 131,000</u>

b. The Direct Labor Cost.

<em><u>Wages of assembly workers $ 86,000</u></em>

c. The Manufacturing Overhead.

Screws                                          $ 1,100

Wages of snowboard painters $ 82,000

Wages for maintenance workers $ 37,000

Factory rent                                   $ 48,000

Utilities for factory                          $ 15,000

Factory property taxes                       $ 12,000

Depreciation on production equipment $ 29,000

Production supervisor salary                 $ 58,000

The Manufacturing overhead          $ 282,100

d. The Total Manufacturing Cost. = $ 131,000 +$ 86,000  +   $ 282,100

= $ 499,100

e.  The Prime cost = Direct Material + Direct Labor

                                = $ 131,000 +$ 86,000=  $ 217,000

f.  The Conversion Cost   = Direct Labor + FOH

                                           =$ 86,000  +   $ 282,100

                                           = $ 368,100

g.  The Total Period Cost.

Period Costs= Non manufacturing Costs

                   =   Sales manager salary $ 42,000+Advertising $ 123,000

                      = $ 165,000

4 0
3 years ago
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