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qwelly [4]
3 years ago
8

Let's cost a job. Here is some data. What is the total cost on this job? Direct Materials $1,393 Direct Labor hours incurred to

complete job 138 hours Hourly wage rate for DL workers $25.00 Predetermined Overhead Rate $82 per DL hour
Business
1 answer:
SIZIF [17.4K]3 years ago
7 0

Answer:

$16,159

Explanation:

The computation of the total cost is shown below:

= Direct material cost + Direct labor cost incurred + overhead cost

= Direct materials + Direct Labor hours incurred to complete × hourly wage rate + Direct Labor hours incurred to complete × Predetermined Overhead Rate

= $1,393 + 138 hours × $25 + 138 hours × $82

= $1,393 + $3,450 + $11,316

= $16,159

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rabapples, Inc. purchases and sells boxes of dried fruit. The following information summarizes its operating activities for the​
pantera1 [17]

Answer:

$40.875

Explanation:

Given that,

Selling Expenses = $ 9,600

Merchandise Inventory on December 31 = 33,000

Merchandise Inventory on January 1 = 47,000

Purchases of merchandise = 83,500

Rent for store = 12,100

Sales commissions = 7,300

Sales revenue = 168,500

Cost of goods sold:

= Beginning merchandise inventory + Merchandise purchase - Ending merchandise inventory

= $47,000 + $83,500 + $33,000

= $163,500

If Crabapples sold 4,000 boxes of dry fruit during the​ year, then the cost per box of dry fruits is:

= Cost of goods sold ÷ Number of boxes sold

= $163,500 ÷ 4,000

= $40.875

3 0
3 years ago
Ruth, a cashier at a private bank, strongly believes that no matter how much effort she puts in or how many hours she works over
Citrus2011 [14]

Answer:

Ruth, a cashier at a private bank, strongly believes that no matter how much effort she puts in or how many hours she works overtime, she will not be offered a promotion in the next 10 years. In this scenario, Ruth's beliefs are in accordance with the expectancy theory.

6 0
3 years ago
If the internal rate of return is used as the discount rate in the net present value calcula-tion, the net present value will be
bezimeni [28]

If the internal rate of return is used as the discount rate in the net present value calculations, the net present value will be  equal to zero. The internal rate of return (IRR) is a financial analysis metric used to estimate the profitability of potential investments.

The IRR calculations use the same formula as NPV calculations. Keep in mind that the IRR is not the project's actual the dollar value. The annual return is what brings the NPV to zero. The IRR is calculated in the same way as net present value (NPV), except that it sets NPV to zero.

To learn more about value, click here.

brainly.com/question/1578158

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4 0
2 years ago
The phase of the business cycle that includes a period of decline in GDP and
Anarel [89]

Answer:

Contraction:

Explanation:

The contraction period is the time between the peak  (highest growth rate) and the trough ( the lowest growth rate).  At contraction, the GDP value declines from its peak to the lowest or negative growth rate. Contraction means a shrink in economic activities.

During contraction, the unemployment rate rising as employers lay-off workers due to reduced demand. Incomes and profits decline, and the GDP value decreases to low or negative values. The contraction period starts with a recession, which is a decline in GDP value for two consecutive quarters.

4 0
3 years ago
Read 2 more answers
Buffalo National Corp. (BNC) is currently an all-equity firm worth $320 million with 50 million common shares outstanding. BNC p
balu736 [363]

Answer:

The solution as per the given problem is provided below throughout the explanation portion below.

Explanation:

The given values are:

Debt issued,

= 120

Pretax earnings,

= 80

Tax,

= 35%

All equity firm,

= $320

Number of common stock,

= 50

(a)

Balance sheet before the debt issue's announcement will be:

<u>Assets </u><u>                                 320</u>

<u>Debt   </u><u>                                    0</u>

<u>Equity  </u><u>                                 320</u>

then,

The total will be "320".

(b)

The per share price will be:

= \frac{Equity}{Number \ of \ common \ stock}

= \frac{320}{50}

= 6.40

or,

After tax, the net income will be:

= EBIT(1-t)

= 80(1-0.35)

= 80\times 0.65

= 52

(c)

The return on equity will be:

= \frac{Net \ income \ after \ taxes}{Value \ of \ equity}

= \frac{52}{320}

= 0.1625

or,

= 16.25 (%)

5 0
3 years ago
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