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lapo4ka [179]
3 years ago
9

Custom Quilters makes decorative comforters, quilted garments, and other products in a small sewing factory. The company expects

to make 2,000 comforters during the current year. With respect to the comforters, how would the supervisory salaries be classified? Multiple Choice Direct and variable Direct and fixed Indirect and variable Indirect and fixed
Business
2 answers:
Goryan [66]3 years ago
6 0

Answer:

Indirect and fixed

Explanation:

Indirect costs are those cost which cannot be directly attributable to any product.

Fixed costs are those which remains the same in the period whatever the level of activity (production, sales etc.) is. It does not vary with the change in the activity level.

Supervisor salaries cannot be traceable directly to any specific product, so it is considered as the indirect cost. As the Salaries are fixed payments made on monthly or annually basis, So it is also classified as the fixed cost.

Vlada [557]3 years ago
5 0

Answer:

<em>The supervisor's salaries is indirect and fixed</em>

Explanation:

The cost of all materials to be used which also go into the product is called direct material cost and labour working direct

the cost of al workers actively involved directly in the manufacturing  od the decorative comforters are called direct labour cost.

All labor and materials costs  other than the direct  costs are called indirect cost of overheads.

<em>For example, the cost of all workers other than the direct workers like the supervisor salaries. The supervisor is an indirect worker for which the benefits of his work cannot be traced to a particular product since the company produces more than one</em>

<em>Also his salaries do not vary with volume of the products produced. Hence, it is a fixed cost</em>

<em>Therefore the supervisor's salaries is indirect and fixed</em>

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4 0
3 years ago
Refused Furniture. Selina arranges to sell furniture from her furniture store to Roland for $3,000. Roland was supposed to give
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Answer:B. She is entitled to recover the damages if she can show that Roland agreed to pay such damages in his contract with her.

Explanation:

The non payment of the N500 installment by Roland constitute a breach of the sales contract, However an evidence of a commitment to be liable for additional cost that will be incurred will make it possible for Selina to recover the damages.

7 0
3 years ago
Nguyen, Inc. has received a bid for 15 comma 000 units. The costing estimates show that the average cost per unit for this bid w
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Answer:

B. $ 12 comma 600 comma 000

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sales price = cost x (1 + 20%)

sales price = total cost x 1.20

sales price = 10,500,000 x 1.2 = 12,600,000

4 0
2 years ago
By what amount would net income differ if bad debt expense was computed using the percentage-of-receivables approach? Assume tha
Murljashka [212]

Answer:

By following the Accountants Principle and Dicksons policy of debiting Bad debt accounts as Accounts are written off, the Net income would have been impacted negatively (reduced) by the write off from Prior period of $31,330 only

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5 0
3 years ago
A corporate bond has a face value of $1,000 and a coupon rate of 5%. The bond matures in 20 years and has a current market price
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Answer: 4.10%

Explanation:

Solve for the current rate being used using the RATE function on Excel.

Number of periods = 15

Payment = 1,000 * 5% = 50

Present value = Current market price - floatation costs = 900 - 25 = 875

Future value = 1,000 face value

The result will be:

= 6.31%

If tax is 35%, after-tax cost is:

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8 0
2 years ago
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