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3 years ago

Compute the total manufacturing cost for a manufacturer with the following information for the month.

Business

1 answer:

Karo-lina-s [1.5K]3 years ago

8 0

Answer:

$78,500

Explanation:

Given;

Raw materials purchased = $32,400

Direct materials used = $53,750

Direct labor used = $12,000

Factory supervisor salary = $8,000

Salesperson commissions = $6,200

Depreciation expense—Factory building = $3,500

Depreciation expense—Delivery equipment = $2,200

Indirect materials = $1,250

Total manufacturing cost = $53,750 + $12,000 + $8,000 + $3,500 + $1,250

= $78,500

Depreciation expense—Delivery equipment and Salesperson commissions are elements of selling cost. Raw materials purchased is part of direct material cost.

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Which is the most common ethical dilemma that financial planners face? A. method of meeting their clients B. method of charging

konstantin123 [22]

B. The method of charging their clients

Is is responsible and ethical to make money off your clients even if their investments that you are responsible for are not doing well and are losing money?

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3 years ago

What can you do to figure out how much you can afford when buying a car?

GuDViN [60]

You can check your credit and you can us it for the car u want ,

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3 years ago

A company issues $100,000 face value, zero-coupon, 4-year U.S. corporate bonds on January 1, 20XO, when the market rate for simi

aivan3 [116]

Answer:

Amount = Maturity/(1+risk rate)⁴

Amount = $100,000/(1+0.12)⁴

Amount = $63,552 (Approx)

Interest payable = $63,552 x 0.12

Interest payable = $7,626 (Approx)

Interest payable (2nd period) = ($63,552+$7,626) x 0.12

Interest payable (2nd period) = $8,541 (Approx)

Explanation:

JOURNAL ENTRY

BOOKS OF (.....)

Date Account title Debit Credit

Cash a/c Dr $63,552

To Bonds payable a/c $63,552

1st-period

Bond Interest a/c Dr $7,626

To Bonds payable a/c $7,626

2nd-period

Bond Interest a/c Dr $8,541

To Bonds payable a/c $8,541

6 0

3 years ago

Suppose a small business has sales of $15,000 this month, with future sales expected to grow by $1,600 each month. Costs consist

liraira [26]

Answer:

$8,220

Explanation:

According to the scenario, computation of the given data are as follow:-

This month Sales = $15,000

Growth expect in future sales per month = $1,600

Next Month Sales = Current Month Sales + Growth Expect In Future Sales Per Month

Variable Cost = Total Sale of Current Month × 40%

Gross Profit = Sales - Fixed Cost - Variable Cost

Per Month Gross Profit

Particular Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7

Sales ($) 16,600 18,200 19,800 21,400 23,000 24,600 26,200

Less - Fixed cost($) 7,500 7,500 7,500 7,500 7,500 7,500 7,500

Less-Variable cost ($) 6,640 7,280 7,920 8,560 9,200 9,840 10,480

Gross profit ($) 2,460 3,420 4,380 5,340 6,300 7,260 8,220

Gross profit in a single 7 month from now = $8,220

7 0

3 years ago

issues new bonds to fund an acquisition. The face value of the bond is $100 and annual coupon is 6.5%. Further, this bond mature

grandymaker [24]

Answer:

KJ Pharma Corporation

KJ Pharma's after-tax cost of debt is:

= 4.55%.

Explanation:

a) Data and Calculations:

Face value of the bond = $100

Annual coupon rate (cost of debt) = 6.5%

Maturity period of bond = 20 years

Tax rate = 30%

After-Tax Cost of Debt = 6.5 (1 - 0.3)

= 4.55%

b) KJ Pharma's after-tax cost of debt is the interest paid on the bond less any income tax savings accounted for as deductible interest expenses. To calculate the after-tax cost of debt, KJ subtracts the company's effective tax rate from 1 and multiplies the difference by its cost of debt.

7 0

3 years ago