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otez555 [7]
3 years ago
7

Nadal Corporation manufactures custom molds for use in the extrusion industry. The company allocates manufacturing overhead base

d on machine hours. Selected data for costs incurred for Job 532 are as​ follows:
Direct materials used $5,000
Direct labor cost $36,800
Predetermined manufacturing overhead rate based on machine hours $17
Direct labor hours worked ​3,100
Machine hours used290

What is the manufacturing cost of Job​ 532?

A.$41,800
B.$94,500
C.$46,730
D.​$4,930
Business
1 answer:
Anna11 [10]3 years ago
3 0

Answer:

C.$46,730

Explanation:

Nadal Corporation manufactures custom molds for use in the extrusion industry. Based on the data available we first see the formula to calculate the total manufacturing cost of the job 532.

In general, sum of all the cost directly or indirectly included in the manufacturing cost. Therefore the formula is as below

Total Manufacturing Cost = Direct Labor Cost + Direct Materials Cost + Manufacturing Overhead Cost.

Direct labor cost $36,800

Direct materials used $5,000

Predetermined manufacturing overhead rate based on machine hours $17  which is = $17 x 290 hours

Manufacturing cots= 4930$

Total Manufacturing Cost = 36800 + 5000 + 4930

Total Manufacturing Cost = 46,730$

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In 4-6 sentences explain the savings-borrowing-investing cycle.
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First, you will try to save as much money as you can if you want to start your own business, for example. Then, you may realize that what you have saved is not enough. This is the moment when you will go to a bank to borrow money in order to finish your ventures. You will then use that money to invest in something and hope it will pay off. Then you will pay back the money you earned and start the cycle again by saving.
4 0
3 years ago
Which would be added in the Investing Activities section of the Statement of Cash Flows? Select one: a. Proceeds from Condemnati
Charra [1.4K]

Answer:

  • a. Proceeds from Condemnation of Land
  • c. Cash paid for unexpected major equipment repairs

Explanation:

The Cash Flow statement records only activities that affect the cashflow of the company. The Investing Activity section of the Cashflow statement deals with capital goods (PPE) and investments in other company securities.

The proceeds from land condemnation will go to the Investing activities section as it has to do with capital goods and the cash paid for unexpected major equipment repairs will see the equipment being used in the long term so it goes to Investing as well.

7 0
3 years ago
Sally bought some beads and gave half of them to Tania.Tania bought some stickers and gave half of them to Sally.Tania gave away
Jlenok [28]

Answer:

77 stickers

Explanation:

Remember, we are told Tania gave half of the beeds she bought to Sally; implying 16 x 2 = 32 beads in total, which means Tania's leftovers should be 16 beads.

Second, note we are told the Ratio of number of beads to stickers Tania had left was 1:3;

implying that for every 1 beads left with Tania she also had 3 more stickers.

Since we know Sally received 16 beads from Tania we find the Ratio by multiplying 3/1x 16 = 48 stickers was left with Tania.

Adding the amount left with the amount given we arrive at 77 total stickers bought (48 +29).

4 0
3 years ago
Read 2 more answers
Suppose a commercial banking system has $ 100,000 of outstanding checkable deposits and actual reserves of 40,000. If the reserv
Arisa [49]

Answer:

the moeny supply expand is $9,900,000

Explanation:

The computation is shown below:

Excess reserves is

= Actual - required

= $40,000 - (0.4% × $100000)

= $40,000 - $400

= $39,600

Now Money supply expand is

= $39,600 ÷ 0.4%

=$9,900,000

hence, the moeny supply expand is $9,900,000

6 0
3 years ago
lmaster makes high-performance sails for competitive windsurfers. Below is information about the inputs and outputs for one mode
Zarrin [17]

Answer:

The productivity in sales revenue/labor expense: 3.49

Explanation:

Total sales (revenue) = Sale price per unit x Units sold = $1,710 x 1,231 = $2,105,010

Total labor expense = Total labor hours x Wage rate = 46,453 x $13 = $603,889

The productivity in sales revenue/labor expense is calculated by ussing following formula:

The productivity in sales revenue/labor expense = Total sales/Total labor expense = $2,105,010/$603,889 = 3.49

That means for every dollar lmaster puts into labor, the company potentially makes $3.49 in sales revenue

8 0
3 years ago
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