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tatyana61 [14]
3 years ago
11

Samson Company reported total manufacturing costs of $320,000, manufacturing overhead totaling $52,000, and direct materials use

d totaling $64,000. How much is direct labor cost? Cannot be determined from the information provided. $268,000 $256,000 $204,000
Business
1 answer:
Artemon [7]3 years ago
3 0

Answer:

$204,000

Explanation:

Given that

Total manufacturing costs = $320,000

Manufacturing overhead = $52,000

Direct materials = $64,000

The computation of direct labor cost is shown below:-

Direct labor cost = Total manufacturing costs + Manufacturing overhead + direct materials

= $320,000 - $52,000 - $64,000

= $204,000

Therefore for computing the direct labor cost we simply applied the above formula.

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In 2020, HD had reported a deferred tax asset of $130 million with no valuation allowance. At December 31, 2021, the account bal
Ray Of Light [21]

Answer:

The income tax expense for 2021 income statement is $101 million as computed in the explanation section below.

Explanation:

The income tax expense in the year 2021 is the income taxes payable while adding the reduction in deferred tax asset or deducting the increase in deferred tax asset plus the portion of the current deferred tax asset not realizable using the applicable tax rate as found below:

Income tax payable                                                          $90 million

deduct;increase in deferred tax asset($170-$130)         ($40 million)

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Income tax expense for 2021 income statement            $101 million

6 0
3 years ago
9. How is planning made any why is it important ? Explain .<br><br>​
Varvara68 [4.7K]
Planning is made through a psychological process of rendered thoughts and ideas. Planning is important because for starters, it is a good way of gathering things in one’s mind and having mental organization. It is better to have things planned out than procrastinated because then, stress levels rise, efficiency is slower, and the accuracy of things that go on significantly depletes. Without planning, most of us would not survive because we would be so caught up in what is happening in the moment and how that affects us that we would not be able to process an idea or, as we’re referring to here, a plan. If you need any help, let me know and I will gladly assist you.
5 0
2 years ago
The following costs were incurred in September:
aleksley [76]

Answer:

Option (d) is correct.

Explanation:

Given that,

Direct materials = $44,200

Direct labor = $31,800

Manufacturing overhead = $25,200

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Administrative expenses = $37,100

Conversion cost:

= Direct labor + Manufacturing overhead

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= $57,000

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Answer:

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Employees are more involved in decisions affecting their work. This fosters a sense of commitment to the business.

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Answer:

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