Answer:
Bell inc should report $980,000 as the total amount of inventory at the end of the year.
Explanation:
Given information -
Inventory that were on hands - $830,000
Inventory that was in transit - $60,000
Inventory that was out on consignment - $90,000
Here for taking out the total inventory all of the given above items would be added .
Inventory that was in transit would be added because these f.o.b. goods would be considered transferred from seller to buyer as soon as they are shipped, so it doesn't matter if they're received two days after the inventory count , they will be added.
Goods which are sent on consignment would also be added because goods would remain in the name of consignor ( Bell inc ) until they're sold by consignee ( an agent who has been hired by Bell inc to sell its goods )
Inventory at end of year - $830,000 + $60,000 + $90,000
= $980,000
Population - 50,000
Employed - 45,000
Students not looking for work - 1,000
To calculate Boone's unemployment rate you'll use the formula:
Unemployment rate = number of people unemployed / labor force
Those that fall into the unemployment category are those that are not working but are actively looking/wanting to work. Students, stay-at-home moms etc that are not wanting to work, though unemployed, to not fall into this category.
The labor force is made up of everyone willing and able to work.
First, let's subtract the students who are not looking for work from the population so get the labor force. 50,000 - 1,000 = 49,000 (labor force)
Next, to get the number of people unemployed let us subtract the labor force of 49,000 by those already employed of 45,000. 49,000 - 45,000 = 4,000
Finally, we are able to calculate the unemployment rate of Boone.
Unemployment rate = number of people unemployed / labor force
Unemployment rate = 4,000/49,000= .081 multiply by 100 to get the percentage. 8.1%
Unemployment rate of Boone is 8.1%
Answer:
Escalation rules
Explanation:
Escalation rules are provisions in a software that allows it to reroute a case that meets certain criteria such as number of hours it stays open and unresolved.
Escalation rules are used on software Salesforce CRM package to escalate cases that need attention.
In the given instance where the Vandelay Industries' VP of support wants an automated way to notify the support team when an unresolved case has been open for over six hours, escalation rules can be used to alert support managers.
Answer:
The selling price for a unit in Job X455 is closest to a. $379.92
Explanation:
stimated total manufacturing overhead cost = Estimated total fixed manufacturing overhead cost + (Estimated variable overhead cost per unit of the allocation base × Estimated total amount of the allocation base)
= $358,400 + ($2.30 per machine-hour × 56,000 machine-hours)
= $358,400 + $128,800 = $487,200.
Predetermined overhead rate = Estimated total manufacturing overhead cost ÷ Estimated total amount of the allocation base
= $487,200 ÷ 56,000 machine-hours = $8.7 per machine-hour.
Overhead applied to a particular job
= Predetermined overhead rate × Amount of the allocation base incurred by the job
= $8.7 per machine-hour × 80 machine-hours = $696
Direct materials $810
Direct labor cost $1,620
Manufacturing overhead applied $696
Total cost of Job X455 (a) $3,126
Number of units (b) 10
Unit product cost (a) ÷ (b) $312.6
Markup (20% × $312.6) $62.52
Selling price $375.12
Answer:
The correct answer is E
Explanation:
Product life cycle costs is the cost which is linked or associated with the product for the whole life cycle of the product. It traces the revenues or costs of each and every product over the calendar years or periods throughout the whole life cycle.
So, this cost will be included in the analysis as the hidden costs.
