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alekssr [168]
3 years ago
6

During its first year of operations, the McCormick Company incurred the following manufacturing costs: Direct materials, $5 per

unit, Direct labor, $3 per unit, Variable overhead, $4 per unit, and Fixed overhead, $189,000. The company produced 21,000 units, and sold 15,500 units, leaving 5,500 units in inventory at year-end. What is the value of ending inventory under absorption costing?
Business
1 answer:
lara31 [8.8K]3 years ago
7 0

Answer:

$115,000

Explanation:

Given that

Cost of direct material = 5 per unit

Direct labour = 3 per unit

Variable = 4 per unit

Fixed overhead = 189000

Unit produced = 21000

Therefore,

Value of ending inventory under absorption costing = 5 + 3 + 4 + (189000/21000)

= 5 + 3 + 4 + 9

= 21 per unit × 5500 unit

= $115,000

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Which of the following foundation items must be integrated under a concrete cap?
Korolek [52]

Answer:

The answer is C. Driven piles.

Explanation:

Driven piles, in construction, are used in the building of foundations and they are also used to provide support for structures. This is evident in transferring their load to layers of soil or rock which possess the bearing capacity that is sufficient and also suitable settlement characteristics.

Driven piles are also used in the support of the following structures:

- embankments,

- retaining walls,

- anchorage structures

- cofferdams,

- bulkheads,

- buildings,

- towers,

- bridges,

- tanks,

- walls, etc.

Driven piles are the most cost-effective solution for deep foundation.

3 0
2 years ago
a company has established 5 pounds of material j at $2 per pound as the standard for the material in its product z. the company
Neporo4naja [7]

Answer:

direct materials quantity variance = 520 Favourable

Explanation:

given data

material = $2 per pound

produced = 1,000 units

Actual Quantity of Material = 5200

cost = $9,880

to find out

direct materials quantity variance

solution

we get here Material Price Variance that is express as

direct materials quantity variance = ( Standard Cost - Actual Cost) Actual Quantity of Material   .......................1

put here value we get

direct materials quantity variance = 2-   \frac{9880}{5200} × 5200

direct materials quantity variance = 520 Favourable

7 0
3 years ago
Suppose that many people who earn a living raising cows decide they can make more money selling t-shirts and switch occupations.
zimovet [89]

Answer:

B. There will be a decrease in supply.

Explanation:

The switch would cause the amount of cow rearers to fall. The amount of cow available would fall and there would be a decrease in the supply of beef.

I hope my answer helps you

5 0
2 years ago
Why should policies that attempt to create a ladder of opportunity be carried out in the spirit of open-mindedness? Select all t
OverLord2011 [107]

Answer:

b. Such policies have the potential to equalize society.

Explanation:

Open mindedness policy means giving fair and equal opportunity to all and sundry without being bias. When considering open mindedness policy, information is shared to everyone without considering race, religion background or educational qualifications.

Open mindedness accepts people from diverse background and tends to listen first before judging. It also consider opinions from all side without segregation. Although this is the right thing expected but the result is usually not the case.

Unlike close mindednes which restrict information thereby limiting opportunities, open mindedness helps one to learn, unlearn, relearn and grow. It also comes with being honest-thats who you are.

Thus when policy is enacted on open mindedness, it has potentials to equalize the society.

4 0
3 years ago
_____ advertising is done by local merchants to encourage consumers to shop at a specific store, use a local service, or patroni
ololo11 [35]

Answer:

The correct answer is letter "D": Retail.

Explanation:

Retail advertising is developed by retailers to attract consumers to their local stores. This type of marketing may not be necessarily focused on the product features but how they are sold, meaning in bundles or at discount. It is the final merchandising made to products before they reach end-consumers.

8 0
3 years ago
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