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Alisiya [41]
4 years ago
8

New Jersey Valve Company manufactured 7,800 units during January of a control valve used by milk processors in its Camden plant.

Records indicated the following: Direct labor 40,100 hr. at $14.60 per hr. Direct material purchased 25,000 lb. at $2.60 per lb. Direct material used 23,100 lb. The control valve has the following standard prime costs: Direct material 3 lb. at $2.50 per lb. $ 7.50 Direct labor 5 hr. at $15.00 per hr. 75.00 Standard prime cost per unit $ 82.50 Required: Prepare a schedule of standard production costs for January, based on actual production of 7,800 units. For the month of January, compute the following variances.

Business
1 answer:
yuradex [85]4 years ago
5 0

Answer:

Answer is given in the attachment.

Explanation:

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krok68 [10]

Answer: option "A" is correct

Explanation:

It's an official context for other options.

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3 years ago
Explain how motor vehicle production is a bulk-gaining industry ap human geo
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A bulk gaining industry is one where the product gains weight or volume through the production process (the whole is greater than the sum of the parts). Due to logistical and transportation costs it is advantageous to produce bulk-gaining materials closer to where they are sold. This is why foreign car companies (Toyota, mazda, etc) have US-based production plants to save on these costs.

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Natali5045456 [20]

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the entire supply chain (hope this helps) pls i need one more brainly to rank up

4 0
3 years ago
Evaluate this statement: "If the yield of two bonds having equal maturity changes the same amount, the price of the lower coupon
AfilCa [17]

Answer:

FALSE

Explanation:

As the lower coupon means there is less amount of cash subject to variation of interest rate.

We must understand that in the end of the life of a bond(maturity), the value should always match the face value thus, the difference in bond market price arise from coupon payment.

If a bonds coupon payment is 40 dollars while another bond coupon payment  is 80 dollars the present value of the second will be more influenced from the interest rate as there are more dollars in the future to discount.

8 0
4 years ago
Retained earnings $52,000 Accounts Payable $15,000 Supplies 37,000 Common stock 25,000 Equipment 72,000 Note payable (due in 18
Naddika [18.5K]

Answer:

$22,000

Explanation:

Current liabilities are debts that a company must pay within a twelve month period.

This company's current liabilities are:

  • Accounts payable  $15,000
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Total current liabilities = $15,000 + $7,000 = $22,000

Since the note payable is due in 18 months, it is not considered a current liability.  

8 0
3 years ago
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