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loris [4]
4 years ago
14

Ship Co. produces storage crates that require 1.2 meters of material at $.85 per meter and 0.1 direct labor hours at $15.00 per

hour. Overhead is applied at the rate of $9 per direct labor hour. What is the total standard cost for one unit of product that would appear on a standard cost card?
Business
1 answer:
Zanzabum4 years ago
6 0

Answer:

Standard cost= $3.42

Explanation:

Giving the following information:

Ship Co. produces storage crates that require 1.2 meters of material at $.85 per meter and 0.1 direct labor hours at $15.00 per hour. Overhead is applied at the rate of $9 per direct labor hour.

To calculate the standard cost we need to use the following formula:

Standard cost= standard direct material + standard direct labor + allocated overhead

Standard cost= 1.2*0.85 + 0.1*15 + 9*0.1

Standard cost= $3.42

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A company's balance sheet shows: cash $26,000, accounts receivable $32,000, equipment $54,000, and equity $74,000. What is the a
nignag [31]

Answer: $38,000

Explanation:

Given that,

Company's balance sheet shows that,

Cash = $26,000

Accounts receivable = $32,000

Equipment = $54,000

Equity = $74,000

Liabilities = Cash + Accounts receivable + Equipment - Equity

                = $26,000 + $32,000 + $54,000 - $74,000

                = $38,000

Therefore, the amount of liabilities is $38,000.

7 0
3 years ago
Why is gossiping at the workplace unprofessional?
Amanda [17]
Gossiping at the workplace is unprofessional because it is passing rumors about other employes or other people maybe even your boss.
6 0
4 years ago
Read 2 more answers
What is the market value of a stock that paid a dividend of $3.80 last year if the dividend is increasing at 10% annually and th
Papessa [141]

Answer:

The market value of the stock is $41.8

Explanation:

Div 1 = Div 0 (1+r)

=3.80 (1+0.10)

=3.80(1.10)

=4.18

Market value of the stock= Dividend 1 / (r-g)

= 4.18 / 0.2 - 0.1

= 4.18 / 0.1

= $41.8

The market value of the stock is $41.8

7 0
3 years ago
Archaeologists found an ancient inca tomb under an ordinary home in which world capital?.
pickupchik [31]

An Ancient Inca tomb was founded by the archaeologists in the capital of Peru under an ordinary home.

<h3>Who were the archaeologists?</h3>

Archaeologists are the individuals who study the artifacts of historical eras and also excavate the sites that existed in the ancient era.

Archaeologists have found the tomb of the Inca civilization which was wrapped in cloth along with burials of ceramics and fine jewels of that time. It was a structure built over the time span of 500 years back. The tomb was one of the most prominent architects of the Inca civilization.

Therefore, the archaeologists found the tomb of the Inca Empire in the capital of Peru.

Learn more about the Archaeologists in the related link:

brainly.com/question/17472920

#SPJ1

8 0
2 years ago
Compute the Work-in-Process transferred to the finished goods warehouse on April 30 using the following information:
malfutka [58]

Answer:

$1,100

Explanation:

Computation for the Work-in-Process transferred to the finished goods warehouse on April 30

Work-In-Process Inventory, April 1 300

Direct materials used in production 225

Direct labor costs incurred 400

Manufacturing overhead costs 350

Less Work-In-Process Inventory, April 30 ($175)

Work-in-Process transferred to the finished goods warehouse $1,100

Therefore the Work-in-Process transferred to the finished goods warehouse on April 30 will be $1,100

4 0
3 years ago
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