Answer:
The more electricity, communications, and transportation used in a nation's economy, it will give them a more developed country and a greater potential for increased industrialization.
Explanation:
Answer:
(a) Total manufacturing costs = $685,000
(b) Total cost of work in process = $721,000
Explanation:
(a) Compute total manufacturing costs.
Total manufacturing cost can be described as the total cost that a manufacturing company incurred within a reporting period to produce goods. This can be computed using the information provided in the question as follows:
Total manufacturing cost = Direct materials used + Direct Labor + Total manufacturing overhead = $199,000 + $238,000 + $248,000 = $685,000
(b) Compute total cost of work in process.
Total cost of work in process refers to the aggregate cost of partially completed goods. This can be computed using the information provided in the question as follows:
Total cost of work in process = Beginning work in process + Total manufacturing costs = $36,000 + $685,000 = $721,000
Answer:
$148,500
Explanation:
Data given
Sales = $150,000
Rate of discount = 10
The computation of Ziff Corp. cash received from customer is shown below:-
Total collection = Sale × (1 - Rate of discount)
= $150,000 × (1 - 0.01)
= $150,000 × 0.99
= $148,500
Therefore for computing the total collection we simply applied the above formula.
Answer:
c. $16,000
Explanation:
Total cost of both products = $80,000
Units of product LF = 3000
units of product 1B = 7000
Selling price per unit of LF = $24
Selling price per unit of 1B = $8
Cost of 3000 units of LF
= (3000/10000) × 80000
= $24,000
If 3000 units cost $24,000
1000 units would cost
= (1000/3000) × 24000
= $8,000
If Turner sells 1000,
Revenue from the sale
= 1000 × 24
= $24,000
Gross profit from this sale = $24,000 - $8000
= $16,000
The right option is c. $16,000.
Based on the scenario above, it is likely that Professor
Plum’s salary that is considered to be at its highest was at 1970 whereas the
lowest was during the 1990 and this could be based from CPI in which will
evaluate his salary from where it became highest and lowest.
