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3 years ago

Little-known candidates are at a greater disadvantage than ever because

1 answer:

5 0

Little-known candidates are at a greater disadvantages than ever because state primaries occur in such close succession that it will be extremely difficult for them to gain name recognition and to raise money for the achievement of their political ambition in between contests.

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Uli produces stereo speakers. The selling price per pair of speakers is $1,930. There is no beginning inventory. Costs involved

blondinia [14]

Answer:

Ending inventory= $240,840

Explanation:

Giving the following information:

Total variable manufacturing costs per unit $470

Fixed manufacturing overhead per year $679,420

During the year, Uli produces 1,610 pairs of speakers and sells 1,340 pairs.

The full costing method (absorption costing) includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead. 

First, we need to calculate the total production cost:

Total cost= 1,610*470 + 679,420

Total cost= $1,436,120

Now, the unitary cost and ending inventory cost:

Unitary cost= 1,436,120/1,610= $892

Ending inventory= $892*270 units

Ending inventory= $240,840

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3 years ago

Jessica is a U.S. Army Reservist and in 2019 traveled 130 miles each way to serve duty at a local military installation. She was

faust18 [17]

Answer:

Jessica's for AGI deduction for these costs is:

b. $14.00.

Explanation:

The aggregate gross income (AGI) can be defined as the total amount of income that an individual earns and is used in calculating the amount of income tax that an individual is liable to pay. The AGI can be expressed as follows;

AGI=T×N×W

where;

AGI=aggregate gross income

T=toll amount per way

N=number of times she reported

W=number of way

In our case;

AGI=unknown, to be determined

T=$1.75

N=4

W=2

Replacing;

AGI=(1.75×4×2)=$14.00

Jessica's for AGI deduction for these costs is:

b. $14.00.

4 0

3 years ago

If a department that applies process costing starts the reporting period with 40,000 physical units that were 80% complete with

andriy [413]

Answer:

True

Explanation:

Equivalent units are notional whole units which represent incomplete work and are used to apportion cost between work progress and completed work. These units are determined as follows:

Equivalent units = Degree of work done(%) × units of inventory

Equivalent units

Direct material:

Balance of work = 100-80 = 20%

Equivalent of work to be added = 20% × 40,000 = 8,000

Labour

Balance of work = 100-50= 50%

Equivalent of work to be added =50% × 40,000 = 20,000 units

Equivalent of work to be added(units)

Material 8000

Labour 20,000

8 0

2 years ago

Suppose portable radios can be imported at a world price of $10 per radio. If trade were unencumbered, what would the new market

Harman [31]

Answer:

Domestic demand: Q = 5,000 – 100P; Supply: Q = 150P

At equilibrium, demand equals supply.

5,000 – 100P = 150P

250P = 5,000

P = 5,000/250

Equilibrium price (P) = $20

Substituting P in demand equation:

Q = 5,000 – (100*20)

Equilibrium quantity (Q) = 3,000 portable radio would be imported

6 0

3 years ago

Island Corporation applies overhead based upon machine-hours. Budgeted factory overhead was $375,000 and budgeted machine-hours

vivado [14]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Island Corporation applies overhead based upon machine-hours. Budgeted factory overhead was $375,000 and budgeted machine-hours were 12,500. Actual factory overhead was $387,920 and actual machine-hours were 13,150.

A) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 375,000/12,500= $30 per machine hour

B) Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 30*13,150= $394,500

C) Over/under allocation= real MOH - allocated MOH

Over/under allocation= 387,920 - 394,500= 6,580 overallocated

6 0

3 years ago