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NeTakaya
3 years ago
15

Layla Company began making mascara in November 2018 using a single-step process. Layla incurred $42,000 for materials and $48,64

0 for conversion during the month. There were 21,000 cases of mascara started in November and 3,000 cases unfinished (40 percent complete) at the end of the period. All materials were added at the beginning of the production process.What is the unit cost for materials for Layla using the FIFO method?a.$4.53b.$2.00c.$2.03d.None of these choices are correct.
Business
1 answer:
Anna35 [415]3 years ago
4 0

Answer:

correct answer is   b) $2.00

Explanation:

we know here

started and completed unit  for physical = 18000

so EUP material for 100 % = 18000

and

Ending work in process for physical = 3000

so EUP material for 100 % = 3000

so total EUP material = 18000 + 3000 = 21000

and

Unit cost is here = \frac{42000}{21000}

Unit cost =  2 per unit

so correct answer is   b) $2.00

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umka2103 [35]

Answer: Human factor research

Explanation:

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3 years ago
Tax loopholes allow individuals and corporations to
kifflom [539]
<span>They allow individuals and corporations to legally reduce their taxable income. An example of a tax loophole is owning a church- these are non- taxable. However, a lot of private individuals have set up churches in their homes in recent years in order to avoid having to pay their usual taxes.</span>
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3 years ago
Loan Term - Interest Rate - Monthly Payment24 months - 2.5% - $342.08 36 months - 3% - $232.65 48 months - 4% - $180.63 60 month
a_sh-v [17]

Answer:

Option B 36 months

Explanation:

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8 0
3 years ago
The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly.
Bond [772]

Answer:

$60 per unit

Explanation:

Total overheads:

= Overheads of fabrication department + Overheads of assembly department

= $90,500 + $109,700

= $200,200

Total labor hours:

= Blinks + Dinks

= (1,013 × 4) +  (1,859 × 5)

= 4,052 + 9,295

= 13,347

Overhead rate per hour = Total overheads ÷ Total labor hours

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Total overhead cost for blinks:

= Total hours for blinks × rate per hour

= 4,052 × $15 per hour

= $60,780

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= Total overhead cost for blinks ÷ Total units

= $60,780 ÷ 1,013

= $60 per unit

5 0
3 years ago
Permanent tax cuts shift the AD curveSelect one:a. farther to the left than do temporary tax cuts.b. not as far to the right as
Phoenix [80]

Answer:

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The permanent tax cuts have more impact on consumption spending than temporary one. A permanent tax cut raises the expected lifetime wealth and increases autonomous consumption, thus leading to an upward shift of the consumption function. Consequently the permanent tax cuts shift the AD curve farther to the right compared to the temporary tax cuts.

6 0
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