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Andreas93 [3]
4 years ago
8

: A jewelry supply house incurred $300,000 in factory overhead cost, of which $50,000 was identified as the cost of sanders for

polishing tool bits. It also incurred rent of $75,000 for the building in which the tool bits and other products were manufactured. 20% of the building space is used to manufacture tool bits. It paid $100,000 in sales commission for tool bits. Under activity-based costing, the jeweler will identify ________ as product cost for tool bits.
Business
1 answer:
Vladimir79 [104]4 years ago
3 0

Answer:

$165,000

Explanation:

The computation of the product cost is shown below:

= Sales commission paid for tool bits + cost of sanders for polishing tool bits + rent of the building × given percentage

= $100,000 + $50,000 + $75,000 × 20%

= $100,000 + $50,000 + $15,000

= $165,000

As we know that the product cost is a mix of Direct materials used, Direct labor, and the manufacturing overhead cost

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Answer:

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Resource management plan is a kind of tool which is used by the project managers in order to manage the resources. Basically, a resource management plan is used to control the most vital resource of every project, which is the human resource.

The last and final step in the resource management plan is maintaining or keeping a resource inventory.

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The purpose of a ________ group is to protect data and information assets by establishing data standards and data management pra
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During 2017 sales on account were $866000 and collections on account were $522000. Also during 2017 the company wrote off $42500
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Answer:

There is a change of $27,500 (decrease)

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$301,500 - $329,000 = ($27,500)

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