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AysviL [449]
3 years ago
14

The following cost data for the month of May were taken from the records of the Terrence Manufacturing Company: (CIA adapted) De

preciation on factory equipment $ 2,200 Depreciation on sales office 500 Advertising 8,200 Wages of production workers 30,500 Raw materials used 42,000 Sales salaries and commissions 11,200 Factory rent 3,200 Factory insurance 500 Materials handling 2,700 Administrative salaries 3,200 Based upon this information, the manufacturing cost incurred during the month was:
Business
1 answer:
vlada-n [284]3 years ago
5 0

Answer:

Total Manufacturing Cost  $81,100

Explanation:

The computation of the manufacturing cost incurred is shown below:

Wages of Production workers: = $30,500

Raw Material $42,000

Material handling $2,700

Factory rent $3,200

Factory Insurance $500

Depreciation on Factory Equipment $2,200

Total Manufacturing Cost  $81,100

We simply added the above items

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Answer:

15%

Explanation:

The formula and the calculation of the price elasticity of supply are presented below:

Price elasticity of supply = (Percentage change in quantity supplied ÷ percentage change in price)

where,

Price elasticity of supply = 2

And, the percentage change in quantity supplied is 30%

So, the percentage change in price is

= 30% ÷ 2

= 15%

7 0
3 years ago
You own 200 shares of Loner stock. The firm announced that it will be issuing a dividend of $.20 a share one year from today fol
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value of your total investment income   362.80

Explanation:

The computation of the value of your total investment income in two years is shown below

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value of your total investment income   362.80

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3 years ago
Luna wanted to convince the technology department at her company to install new accounting software. Some staff members supporte
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Luna realized that the undecided group was her target audience  so she focused most of her effort on them.

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In the end, it all includes assessing relevance for a target audience profile. You will attract a customer more often if your services and the goods you deliver suit what your audience wants.  

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3 years ago
If merchandise was returned under the periodic inventory method, this will be recorded with a A. debit to Accounts Payable and a
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3 years ago
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Suppose your employer offers you a choice between a $ 5 comma 000 bonus and 100 shares of the​ company's stock. Whichever one yo
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Answer:

a) I will pick the shares and sell them ,as this will yield a better return 6,338 to 5,000

b) I will consider:

  • the expectation on the stock price
  • and the rate of return in the market
  • at current price, it will yield 26.76%

Explanation:

100 shares x 63.38 = 6,338 cash bonus for shares

If the stocks should be retained for at least a year.

there are two components that will need consideration:

the expectation on the stock price

and the rate of return in the market

if we assume the stock will keep the same value then it will yield:

6,338 / 5,000 - 1 = 0.2676 = 26.76%

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3 years ago
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