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
yarga [219]
3 years ago
14

Product costs are computed by:

Business
1 answer:
Alexxandr [17]3 years ago
5 0

Answer: Option (B) is correct.

Explanation:

Product costs are the that are incurred during the production of a product. Various costs are involved in this product cost such as direct labor cost, consumable production supplies, direct material, etc. It is calculated by multiplying the cost driver rate to the number of the units of cost driver that are used in the production of each product.

You might be interested in
Potential entrepreneurs would be well advised to surround themselves with people who are smarter than they are.
NARA [144]

Answer:

a. True

Explanation:

The entrepreneurs who are potential wants them to surround themselves with the people who are more smarter with them so that they would feel more challenging due to which they make the plans accordingly also it keeps the eye to the people what they are doing so accordingly they would make the strategies in order to capture the market share

therefore the given statement is true

5 0
3 years ago
P & G Auto Parts sells parts to AAA Car Repair during 2018. P&G offers rebates of 2% on purchases up to $60,000 and 3% o
nirvana33 [79]

Answer:

c. credit to Sales Revenue for $72,380.

Explanation:

Since AAA Car Repair's total purchases exceed $200,000 for the year, they are eligible for the 3% rebate on purchases above $60,000. Only the fraction of the purchase over $60,000 should get the 3% rebate, the first $60,000 get the 2% rate.

Therefore, the total sales amount recorded by P & G Auto Parts by selling $74,000 of parts to AAA is:

S=(1-0.02)*\$60 + (1-0.03)*(\$74-\$60)\\S=\$72.38

There should be a credit to Sales Revenue for $72,380.

5 0
4 years ago
Banc Corp. Trust is considering either a bankwide overhead rate or department overhead rates to allocate $396,000 of indirect co
joja [24]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Estimated overhead= $396,000

Department:

Consumer= 700

Commercia= 300

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 396,000/1,000= $396 per loan processed.

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 396*300= $118,800

4 0
3 years ago
Lake Erie Company uses a plantwide overhead rate with machine hours as the allocation base. Next year, 600,000 units are expecte
anygoal [31]
I tried working it out idk sorry
8 0
3 years ago
Describe three ways that globalization is having a negative impact on the environment
Alchen [17]

pollution

building up in countryside

over population

5 0
3 years ago
Other questions:
  • Cheizza, a pizza vendor in the country of Wisbane, believes that the taste of fresh cheese in its pizzas is its unique selling p
    8·1 answer
  • In the short run, the price elasticity of the demand and supply of electricity can be very low.
    6·1 answer
  • It is best to receive a completed ________ before paying an invoice
    15·1 answer
  • Alexie transfers land valued at $250,000 (her basis = $220,000) to Sorenson Corp. in exchange for Sorenson common stock valued a
    10·1 answer
  • After researching the different forms of business organization, Natalie Koebel decides to operate "Cookie Creations" as a corpor
    15·2 answers
  • Which transaction would cause one asset to increase and another asset to decrease?
    5·1 answer
  • The wage is currently $20 per hour. There is no non-labor income.
    5·1 answer
  • A storage tank acquired at the beginning of the fiscal year at a cost of $90,000 has an estimated residual value of $12,000 and
    11·1 answer
  • The Berkshire Hathaway annual meeting, a famous yearly event, can be attended by any ________, which is someone who owns at leas
    14·1 answer
  • A firm has ROA (Return on Assets) of 16% and has the debt ratio of 30%. What's the firm's ROE (Return on Equity)?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!