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Elena L [17]
3 years ago
5

Bubbles Inc. produces gummy bears. The company purchases raw materials, stores them in warehouse, and then runs them through two

processes: production and packaging. During September, the production process incurred the following costs in processing 20,000 gummy bears Wages of workers operating production equipment$56,500 Manufacturing overhead allocated to the production department Direct materials 8,500 135,000.
Use the FIFO method to compute the September conversion costs in the Production Department.

A) $8,500

B) $200,000

C) $56,500

D) $65,000
Business
1 answer:
rusak2 [61]3 years ago
8 0

Answer:

D. $65,000

Explanation:

Data provided

Direct labor = $56,500

Manufacturing overhead = $8,500

The computation of Conversion costs is shown below:-

Conversion costs = Direct labor + Manufacturing overhead

= $56,500 + $8,500

= $65,000

Therefore for computing the conversion cost we simply add the direct labor with manufacturing overhead.

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siniylev [52]

Answer:

The correct answer is letter "A": Promotion of deserving employees.

Explanation:

Myopic behavior is the result of top executives being under the pressure of meeting performance objectives in the short-run. Managers tend to cut expenses in an attempt of increasing earnings but this usually by shortening operations of the business.

<em>Avoiding to promote employees who deserve it is an example of myopic behavior practices. Increasing workers' salaries is not convenient for entities that want to achieve their performance goals.</em>

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3 years ago
The author of article "The Pentagon’s Virtuous Insurgency" asserts that there are four key takeaways from the conference discuss
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Answer and explanation:

Here is one of the key notes,

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4 years ago
What is one typical effect of growth for a business?
stepan [7]

Answer: The advantages would be efficiency and accountability; the disadvantages would be resource hoarding and low quality.

Explanation: There will be more trust between workers and indivuals, more accountability as well.

3 0
3 years ago
Select the correct answer.
Dima020 [189]

The correct option is A

<u>Explanation:</u>

Under the accrual basis of an accounting system, an expense has to be booked in the period in which it is incurred whether such an expense has been paid or not.

<u>The following Journal Entry will be passed in the books of accounts of a company: </u>

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Thus, the correct answer will be option A from the given options.

5 0
3 years ago
Peppertree Company has two divisions, East and West. Division East manufactures a component that Division West uses. The variabl
Anika [276]

Answer:

$1.45

Explanation:

Data provided in the question

Variable cost per component = $1.45

Full cost = $1.91

Selling price per component = $4.95

By considering the above information, the lowest price that would be accepted for the component is equal to the variable cost per unit i.e $1.91 and plus the full cost includes both the variable and fixed cost plus the fixed cost would be recovered by normal sale also

So in this case we only considered the variable cost per component

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3 years ago
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