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Elena L [17]
3 years ago
12

Haskins Company employs material handling employees who move materials between production divisions at a labor cost of $360,000

a year. It is estimated that these employees move 600,000 pounds of material per year. If 60,000 pounds are moved in March, how much of the material handling cost should be assigned to products made in March? (Do not round your intermediate calculations.)
a. $36,000
b. $24,000
c. $50,000
d. $38,000
Business
1 answer:
Marianna [84]3 years ago
7 0

Answer:

correct option is a. $36,000

Explanation:

given data

labor cost = $360,000

move material per year = 600,000 pounds

to find out

material handling cost

solution

we find here first Labor Cost per pound of material that is express as

Labor Cost per pound of material = Labor Cost ÷ Number of Pounds of material   .......................1

Labor Cost per pound of material =  \frac{360000}{600000}

Labor Cost per pound of material = $ .6 per pound of material

=360000/600000= $0.6 per pound of material

so we can say that 60000 pounds are moved in March so cost will be

60000 pounds are move cost = 60000 × $0.6

60000 pounds are move cost = $36000

so correct option is a. $36,000

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Answer:

The correct answer is option b.

Explanation:

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He gets a salary every two weeks.  

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He converts the remaining salary in a more stable currency.  

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This effort that he is making to prevent his real income from losing value is called the shoe-leather cost of inflation.  

The shoe-leather cost can be defined as the cost of time and effort made to prevent the cash holdings from losing their value.

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Blossom Company purchases a patent for $158,000 on January 2, 2017. Its estimated useful life is 8 years. (a) Compute amortizati
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Answer:

a. 19.750 b. 138.250

Explanation:

A. We divide 158.000 by 8 to get the amount per year

158.000/8= 19.750

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The types of quasi-contractual terms with which employees view what they owe their employer and what their employer owes them are referred to as Contractual agreement.

What is Quasi-contract terms?

  • When there is a dispute between the parties and there was no initial agreement between them, the court may construct an out-of-order contract. This contract has the obligation to prevent one party from unfairly benefiting at the expense of the other parties. This circumstance is known as a quasi-contract.
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2 years ago
Windsor Hospital purchases $90,000 in surgical equipment on October 1, Year 1. The useful life is estimated to be 5 years, and t
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Answer:

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Explanation:

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The value-added is:
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Answer:

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