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3 years ago

Data pertaining to a company's joint production for the current period follows

Business

1 answer:

Ainat [17]3 years ago

4 0

Answer:

a. $295.81

Explanation:

Total market value = (310 * 10.2) + (260 * 20.4)

Total market value = 3,162 + 5,304

Total market value = 8466

Joint cost allocated to L on basis of value

= [ (310 * 10.2) / 8,466] * 792

= (3,162 / 8,466) * 792

= $295.81

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Answer:

obtaining a low interest rate on a loan

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3 years ago

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A good financial plan does not include an insurance plan.

spayn [35]

A good financial plan does not include an insurance plan.
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4 years ago

Sue's Soup Products uses a process costing system with two processing departments: the Mixing and Cooking Department and the Can

valkas [14]

Answer:

$0.65

Explanation:

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3 years ago

A large office supply company sells many of its consumer products over the Internet. This is

Mrac [35]

A large office supply company sells many of its consumer products over the Internet. This is known as e-commerce.

Trading the consumer products over internet is the current trend these days. This way is known as e-commerce.

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E-business and e-commerce are frequently used interchangeably. The transactional procedures that make up online retail shopping are also occasionally referred to as e-tail.
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2 years ago

During the month of April, direct labor cost totaled $15,000 and direct labor cost was 40% of prime cost. If total manufacturing

Aleonysh [2.5K]

Answer:

Manufacturing overhead= $39,500

Explanation:

Giving the following information:

Direct labor= $15,000

Direct labor cost was 40% of prime cost.

Total manufacturing costs= $77,000

First, we need to calculate the prime cost:

Prime cost= direct material + direct labor

Prime cost= 15,000/0.4= 37,500

Now, we can determine the manufacturing overhead:

Manufacturing overhead= total manufacturing costs - prime costs

Manufacturing overhead= 77,000 - 37,500

Manufacturing overhead= $39,500

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3 years ago