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Tanzania [10]
2 years ago
14

The following costs were incurred in May: Direct materials Direct labor Manufacturing overhead Selling expenses Administrative e

xpenses $33,000 $13,000 $ 23,000 $16,000 $34,000 Prime costs during the month totaled: $36,000 $46,000 оооо $69,000 $119,000
Business
1 answer:
Kaylis [27]2 years ago
6 0

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Direct materials= 33,000

Direct labor= 13,000

Manufacturing overhead= 23,000

The prime cost is the sum of total direct material and total direct labor. The conversion cost is the sum of direct labor and allocated overhead.

Prime cost= direct material + direct labor

Prime cost= 33,000 + 13,000= $46,000

You might be interested in
Net credit sales = $400,000 Net income = $100,000 Average total assets = $80,000 Average accounts receivable = $20,000 What is t
Romashka [77]

Answer:

73 days

Explanation:

average collection period = number of days in a period / receivables turnover

receivables turnover = revenue / average receivables = $100,000 / $20,000 = 5

average collection period = 365 / 5 = 73 days

I hope my answer helps you

5 0
3 years ago
QUESTION 1 of 10: True or False: Letting employees fail actually contributes to the success of the business.
Rudik [331]

Answer:

True

Explanation:

By failing you learn from your mistakes, and it's just overall good to fail, the more you fail the more you learn and learn not to repeat it.

5 0
3 years ago
One of your customer accounts is a trust account. The trustee of the trust is inexperienced in investing.
Alinara [238K]

Answer:

A) The duty to diversify the trust portfolio to reduce risk

Explanation:

The Uniform Prudent Investor Act (UPIA) requires trustees to make investments following the Prudent Person Rule. This means that trustees should invest the trust funds as if the trustee was a prudent person investing his/her own assets.

The best way to comply with the prudent person rule is to invest in a diversified portfolio that reduces risk.

7 0
3 years ago
Mr.​ Seider, a shareholder in the Greenfield​ Corporation, owns 9 comma 000 shares of their common​ stock, which represents 32​%
sladkih [1.3K]

Answer:

32%

Explanation:

Since the question, it is mentioned that Mr. Seider owns 32% of the outstanding common stock of Greenfield Corporation. And, he also received the stock dividend of 10%.

But after the stock dividend, the ownership would remain the same i.e 32% because the dividend is based on the ownership criteria. As the dividend is distributed on the number of shares owned by the shareholder. So, the ownership would be 32% after the stock dividend

6 0
3 years ago
Ryan opts to purchase an Office suite that he installs on his local computer and which he wants to use anywhere via the internet
ivolga24 [154]

Answer:

Single user license and cloud-based subscription

Explanation:

The authorization that gives the permission to one user only for using the software package. It means the software should be installed only in one machine

So as per the given situation, ryan want to use anywhere via the internet connection so here he should pruchased the single user also the cloud based subscription

therefore the above represent an answer

4 0
2 years ago
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