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melisa1 [442]
3 years ago
13

The following costs are some of the costs incurred by Norwood Incorporated to produce and sell 1,000 units of one of their prima

ry products: • Direct materials, $31,500. • Direct labor, $69,000. • Factory building rent, $8,500. • Factory maintenance salaries, $7,200. • Sales commissions, $10,800. • Shipping costs, $2,700. • Factory equipment lubrication supplies, $1,100. • Factory supervisor’s salary, $15,000. • Straight-line depreciation expense on factory equipment, $6,000. • Advertising campaign costs, $3,800. How much are the total fixed costs?
Business
1 answer:
aleksklad [387]3 years ago
4 0

Answer:

$40,500

Explanation:

The computation of the total fixed cost is shown below:

= Factory building rent + Factory maintenance salaries + Factory supervisor’s salary, + depreciation expense + advertising cost

= $8,500 + $7,200 + $15,000 + $6,000 + $3,800

= $40,500

We simply applied the above formula So that the total fixed cost could come and the same is to be considered

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The costs that were incurred in a previous process and brought into a later process as part of the​ product's cost are called​ _
Fiesta28 [93]

Answer:

C. transferred in

Explanation:

The process costying will have a beginnign inventory and started units which come fro mthe raw materials inventory or another process. When they come from another process are called transfer-in

This figure along with the beginning inventory total the accounted for.

Then this can be either completed or keep as Work in process.

when completed are trasnferred-out

this both figures will stand for the cost to accoung for

3 0
4 years ago
A comparative financial statement:
andrew-mc [135]

Answer:

The answer is B

Explanation:

A comparative financial statement compares places two or more years financial statement together in order to compare.

It is always referred to as horizontal analysis because it is the same company and we are only comparing the previous years and the current year result which are placed side by side. Hence, the reason why it is called horizontal analysis.

8 0
3 years ago
Question: What is not one of the reasons for India's recent economic success? Possible Answers: 1. foreign companies. 2. interna
baherus [9]
India has had recent economic success due to foreign companies, international aid and agricultural success. It was not due to foreign investors as you cannot invest in a country.<span />
5 0
4 years ago
Read 2 more answers
At the beginning of December, ABC Company had $1,500 in supplies on hand. During the month, supplies purchased amounted to $2,90
natta225 [31]

Answer and Explanation:

The adjusting entry is as follows:

Supplies expense Dr $2,200

      To Supplies $2,200

(being the supplies expense is recorded)

Here the supplies expense is debited as it increased the expenses and credited the supplies as it decreased the assets

The computation is

= Opening supplies + purchased - closing supplies

= $1,500 + $2,900 - $2,200

= $2,200

4 0
3 years ago
The weekly demand for an item in a retail store follows a uniform distribution over the range of 50 to 100. What would be the we
kakasveta [241]

The weekly demand for an item in a retail store follows a uniform distribution over the range of 50 to 100. The answer for the same, the weekly demand is seventy (70).

Computer generated value: (0≤x≤1)

the part occupied by the weekly value: 0.4,

so, it is out of 50 values,

then

0.4 = 40% of (100 -50) = 20

(from the beginning which is 50, thus, 50 + 20 = 70)

Now we've got:

Computer generated value (CGV) = 0.4

Lower limit (LL) = 50,

Difference between upper and lower limit (UL-LL)= 100 - 50 = 50,

Thus,

the weekly demand is obtained as 70

Uniform Distribution

brainly.com/question/20038895

#SPJ4

7 0
2 years ago
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