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Iteru [2.4K]
3 years ago
5

Greater indirect costs are associated with:

Business
1 answer:
kari74 [83]3 years ago
6 0

Answer:

d. All of these answers are correct.

Explanation:

Indirect cost are cost that are not directly associated to the cost of a particular project. It could be overhead cost or subsidiary cost.example of indirect cost are; personel cost, rent, utilities cost and so on.

It should be noted that Greater indirect costs are associated with Quality specifications and testing,Inventoried materials and material control systems as well as Specialized engineering drawings.

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Jonathan Mfg. adopted a job-costing system. For the current year, budgeted cost driver activity levels for direct labor hours an
Hitman42 [59]

Answer:

C. $ 7,500

Explanation:

Estimated direct labor cost                                                       $ 100,000

Estimated direct labor hours                                                          20,000 hours

Predetermined rate per direct labor hours                  $ 5 per direct labor hour

Actual hours used on a job                                                             1,500 hours

Applied overhead based on the predetermined overhead

rate per direct labor hours

$ 5 per direct labor hours * 1,500 hours                                         $ 7,500

The information regarding machine hours is not relevant to the requirements of the question.  

4 0
3 years ago
You are evaluating an investment that will provide the following cash flows at the end of each of the following years: year 1, $
stealth61 [152]

Answer:

$37,680.95

Explanation:

The maximum i would be willing to pay is the present value of the cash flows

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1 = $12,500

Cash flow in year 2 = $10,000

Cash flow in year 3 = $7,500

Cash flow in year 4 = $5,000

Cash flow in year 5 = $2,500

Cash flow in year 6 = 0

Cash flow in year 7   $12,500

I = 9%

PV = $37,680.95

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

3 0
3 years ago
Jing Company was started on January 1, Year 1 when it issued common stock for $36,000 cash. Also, on January 1, Year 1 the compa
san4es73 [151]

Answer:

$716 and $12,300

Explanation:

Original Cost = $16,000 + $2,100

Original Cost = $18,100

Double decline rate = 100/5*2

Double decline rate = 40%

First Year Depreciation = $18,100*40%

First Year Depreciation = $7,240

Second Year Depreciation = $18,100*60%*40%

Second Year Depreciation = $18,100*0.60*0.40

Second Year Depreciation =  $4,344

Third Year Depreciation = ($18,100 - $7,240 -  $4,344 -$5,800)

Third Year Depreciation =  $716

Accumulated Depreciation = $7,240 +  $4,344 + $716

Accumulated Depreciation = $12,300

5 0
3 years ago
​ Chandra sues Martin for breach of contract. Both parties have completed discovery. Chandra now wants her attorney to file a mo
Vlada [557]

Answer:

Chandra should request her attorney to file a motion for summary judgement because both parties have past the pleading stage of litigation and they both have also completed discovery. Since enough evidence was gathered during discovery, then Chandra is entitled to judgement.

8 0
3 years ago
Sales revenue $944,200 Less: Cost of goods sold 598,100 Gross profit 346,100 Less: Operating expenses (includes depreciation exp
katovenus [111]

Answer:

$500

Explanation:

Net cash flow from operating activities is $500

4 0
3 years ago
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