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Serjik [45]
3 years ago
5

Please help fast!! Will give brainliest :)

Business
2 answers:
Nutka1998 [239]3 years ago
8 0
Questin 1. is A so is question 2 and 3 it looks like
Tanya [424]3 years ago
3 0

1.B hopes that help 1.)B not A

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Management of Mcgibboney Corporation has asked your help as an intern in preparing some key reports for November. The beginning
harkovskaia [24]

Answer:

$87,000

Explanation:

Calculation of the conversion cost for November.

Conversion cost can be defined as the combination of both direct labor costs and manufacturing overhead costs that are vital to help convert raw materials into product.

Using this formula

Total Conversion cost = Direct labor cost + Manufacturing overhead cost

Hence,

Direct labor cost $25,000

Add Manufacturing overhead cost $62,000

Total Conversion cost $87,000

Therefore the conversion cost for November is $87,000

4 0
3 years ago
The accounting profit is equal to
Archy [21]
Is the monetary costs a firm pays out and the revenue a firm receives. It is the bookkeeping profit<span>, and it is higher than economic </span>profit<span>. </span>Accounting profit<span> = total monetary revenue- total costs.</span>
7 0
3 years ago
TB MC Qu. 7-69 Bellue Inc. manufactures a single product. Variable costing ... Bellue Inc. manufactures a single product. Variab
Greeley [361]

Answer:

$73,500

Explanation:

The computation of the absorption costing net operating income last year is shown below:

= Variable costing net operating income - inventory units × Fixed manufacturing overhead cost per unit

= $81,900 - 2,800 units × $3

= $81,900 - $8,400

= $73,500

We simply deduct the fixed manufacturing overhead cost from the variable costing net operating income to find out the absorption costing net operating income

4 0
3 years ago
As a manager at carrel corp., derek spends much of his time coaching young managers and making sure that any required informatio
Stella [2.4K]

Answer:

Derek would be best described as a tactical leader/manager.

Explanation:

A tactical manager makes certain choices and decisions to get the job done as efficiently as possible. Such managers and leaders tend to inspire the employees to encourage them to complete the task. Influencing, negotiating, and motivating employees to succeed are the major characteristics of tactical managers. For e.g. Derek motivates and encourages his subordinates by providing them coaching and making sure that the job is being done properly.

7 0
3 years ago
Your supervisor has come to you with the following list of expenditures for the year and is asking you whether they should be ca
ivanzaharov [21]

Answer:

1. Repainted the office building: This should be capitalized.

2. Added a new wing onto the office building: This should be capitalized.

3. Took their fleet of cars in for servicing (changing the oil, etc.).: This should be expensed.

5. Had an engine rebuilt in one of their fleet cars: This should be capitalized.

4. Added newer electronic locks on the doors in the production building: This should be expensed.

Explanation:

1. Repainted the office building: This should be capitalized. This is because repainting is a repair that will restore the physical structure of the office building and significantly improve it. Since it is a capital improvement cost, it should be capitalized and depreciated like other fixed assets.

2. Added a new wing onto the office building: This should be capitalized and depreciated like other fixed assets since it is a capital expenditure that significantly added to the structure of the office building.

3. Took their fleet of cars in for servicing (changing the oil, etc.).: This falls under repair and should be expensed.

4. Added newer electronic locks on the doors in the production building: This should be expensed. Cost of locks and keys are ordinary expenses that do not improve the physical structure of the production building.  

5. Had an engine rebuilt in one of their fleet cars: This should be capitalized. It is a tangible improvement to the fleets of cars and this kind of costs fall under capital expenditures.

8 0
3 years ago
Read 2 more answers
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