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Vedmedyk [2.9K]
3 years ago
6

B&T Company's production costs for May are: direct labor, $16,000; indirect labor, $6,800; direct materials, $15,300; proper

ty taxes on production facility, $830; factory heat, lights and power, $1,030; and insurance on plant and equipment, $230. B&T Company's factory overhead incurred for May is:
Business
1 answer:
schepotkina [342]3 years ago
6 0

Answer:

B&T Company's factory overhead incurred for May is $8,890

Explanation:

Manufacturing overhead is all indirect costs incurred during the production process, includes indirect labor cost.

In B&T Company,

Factory overhead incurred for May = Indirect labor cost + property taxes on production facility cost + factory heat, lights and power cost + insurance on plant and equipment cost = $6,800 + $830 + $1,030 + $230 = $8,890

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goblinko [34]

Answer:

$6,450

Explanation:

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8 0
3 years ago
If the absolute value of the own price elasticity of demand is greater than 1, then demand is said to be:
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Answer:

A. elastic.

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

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I hope my answer helps you.

8 0
3 years ago
The _____ is a production period long enough for the firm to adjust the
EastWind [94]

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long run, productive resources

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3 years ago
Nichols Company uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $2
lora16 [44]

Answer:

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