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3 years ago

Preparing a Cost of Goods Sold Budget

Business

1 answer:

Art [367]3 years ago

4 0

Answer:

Direct Materials $ 14*20,000 = $ 28000

Direct Labor $ 14*1.9* 20,000 = $ 532,000

Variable Overhead $ 14*1.9*1.2*20,000 = $ 638400

Fixed Overhead $ 14*1.9*1.8*20,000 = $957600

Total Manufacturing Cost $ = 2156000

Less: Ending Inventory $ 107.8*730 = 78649

Cost of Goods Sold $2077306

Working:

Total Manufacturing Cost $ per unit = 2156000/ 20,000= 107.8 $

Ending Inventory $ 107.8*730 = 78649

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Answer:

Option B. Treasury Stock for $1,200

Explanation:

The reason is that when 1,000 shares which has $2 par value and were issued at $10 per share, the journal entry was:

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So the correct option is option B.

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3 years ago

All agencies with jurisdictional authority and/or functional responsibility for the incident provide joint support through mutua

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Answer:

(a) unified command

Explanation:

A Unified Command is a structure in which the role of incident commander is shared by at least two people.
Unified command is an approach to complete the command in which reacting organizations jurisdictions with responsibility for the incident share incident management.
In unified command a combine approach is made to developing strategies to achieve incident objectives.

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3 years ago

Malcolm is a professional writer. He has already published many best-sellers. One of his friends expressed interest in knowing m

maxonik [38]

Answer:

Malcolm is a professional writer. He has already published many best-sellers. One of his friends expressed interest in knowing more about his writing process, so Malcolm showed his friend a few of his first drafts. The friend observed that the drafts were nothing like the final book, and the writing seemed amateurish compared to Malcolm's published work. When asked about it, Malcolm said that it was the normal way of things. In this scenario, the following is the reason of this:

A) Malcolm would have revised his work many times before he was satisfied with it.

Explanation:

The option A is best reason because generally a writer doesn't break his or her flow while writing and that is what Malcolm would have done. After, he would have revised his work many times until he was satisfied.
The option B is not correct as it is not possible to change the book of a writer entirely by the publishing company.
The option C is also incorrect as the drafts were not long and cohesive because his friend found the draft amateurish but not perfect.
The option D is incorrect as it is not true that writers only create first draft and other people produce all other subsequent drafts.

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3 years ago

Consumer surplus:

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3 years ago

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Importance of economic growth

svlad2 [7]

Answer:

Economic growth generates job opportunities and hence stronger demand for labour, the main and often the sole asset of the poor. In turn, increasing employment has been crucial in delivering higher growth.

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2 years ago