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pickupchik [31]
3 years ago
5

Sunglasses Unlimited Company manufactures sunglasses. Following is a list of costs the company incurred during May (Click the ic

on to view the items.) Use the list to calculate the total manufacturing overhead costs for the month. Data Table (in $)Glue for frames 250Depreciation on company cars used by sales force 4,000Plant depreciation 7,500Interest Expense 1,500Lenses 52,000 Company president's salary 24,500Plant foreman's salary 3,500 Plant janitor's wages 1,300 Oil for manufacturing equipment 150
Business
1 answer:
USPshnik [31]3 years ago
7 0

Answer:

total manufacturing overhead 8,950

Explanation:

Manufacturing Overhead Cost for the month:

Plant Depreciation 4,000

foreman's salary     3,500

Plant janitor's           1,300

Oil for equipment<u>       150  </u>

Total                        8,950

For the manufacturing overhead we will add the cost associate with the manufacturing of goods.

We will recognize procedure or concepts that related to manufacting to, capitalize through inventory

The president's salary is not part of the manufacturing cost. Neither the car used for sale, they are expense for the period.

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. In the context of sourcing, multiple suppliers: a. often provide the ability to form close partnerships. b. often provide econ
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Answer:

c. lower the risk of supply disruption

Explanation:

Having multiple suppliers is always a good sourcing strategy, as it <u>minimizes the risk of supply disruption</u>. If one of the suppliers fails to maintain the contract due to various reasons (bad business operating), the risk is dispersed among a few suppliers, so there is the contingency principle applied.

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3 years ago
Maritime Marine Company has total estimated factory overhead for the year of $986,800, divided into four activities: fabrication
Hatshy [7]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Estimated costs:

fabrication= $386,400

assembly= $207,900

setup= $112,000

inspection= $280,500.

Fabrication Assembly Setup Inspection

Speedboat: 1,200 dlh 1,800 dlh 60 setups 600 inspections

Bass boat: 1,800 1,200 100 200

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First, we need to calculate the overhead rate for each activity:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

fabrication= 386,400/3,000= $128.8 per direct labor hour

assembly= 207,900/3,000= $69.3 per direct labor hour

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inspection= 280,500/800= $350.63 per inspection

Now, we can allocate overhead to each product:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Speedboat= 1,200*128.8 + 1,800*69.3 + 60*700 + 600*350.63

Speedboat= $531,678

Bass boat= 1,800* 128.8 + 1,200*69.3 + 100*700 + 200*350.63

Bass boat= 455,126

5 0
3 years ago
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Explanation:

Challenge 1: Changes in how buyers buy.

Challenge 2: Competition.

Challenge 3: Need for top talent.

Challenge 4: Competing on price only.

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Answer:

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