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densk [106]
3 years ago
12

During the month of April, direct labor cost totaled $15,000 and direct labor cost was 30% of prime cost. If total manufacturing

costs during April were $79,000, the manufacturing overhead was: Multiple Choice $35,000 $29,000 $50,000 $129,000
Business
1 answer:
Andru [333]3 years ago
8 0

Answer:

The correct answer is B.

Explanation:

Giving the following information:

During April, direct labor cost totaled $15,000 and direct labor cost was 30% of prime cost. If total manufacturing costs during April were $79,000.

Manufacturing cost= direct material + direct labor + manufacturing overhead

Prime cost= direct material + direct labor

50,000= DM + 15,000

Direct material= 35,000

79,000= 35,000 + 15,000 + manufacturing overhead

manufacturing overhead= 29,000

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Country a specializes in the production of rice because it can do so efficiently, but it imports electronics because it is not a
Firdavs [7]

It's an example of, Factors such as domestic demand and domestic rivalry explaining nations' dominance in production.

Domestic demand forecast. Final domestic demand is the total of ultimate consumption, investment associate degreed stock building expenditures by the personal and general government sectors in real terms. Total Domestic Demand (TDD) is the Final Domestic Demand and the worth of physical changes in stocks. TDD contains several of the weather accustomed calculate Gross Domestic Product (GDP) by the Expenditure Method, and then it's an indicator of what proportion the economy as an entire is growing.

The total quantity of cash that's spent on merchandise and services by the people, companies, and government in a selected country, or that may be spent if the goods and services were available: increased/growing/falling domestic demand. A life of spending. Specifically, the total of ultimate consumption, investment, and stock-building expenditures, by each person and government sector.

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3 0
10 months ago
You are planning to save for retirement over the next 30 years. To do this, you will invest $750 per month in a stock account an
Alex

Answer:

The withdrawals will be of  $ 11,379.014 per month

Explanation:

Future value of the annuities:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C         750.00

time 360(30 years x 12 monhs per year)

rate 0.008333333 (10% / 12 months)

750 \times \frac{1-(1+0.00833)^{-360} }{0.008333} = PV\\

PV $1,695,365.9436

C \times \frac{(1+r)^{time} -1}{rate} = PV\\

C         250.00

time 360 (30 years x 12 monhs per year)

rate             0.005 (6% / 12 months)

250 \times \frac{(1+0.005)^{360} -1}{0.005} = PV\\

PV $251,128.7606

Total 1,695,365.84 + 251,128.76 = 1.946.494,6‬

and from here we withdraw for 25 years:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 1,946,495

time 300 (25 years x 12 months)

rate 0.004166667 (5% / 12 months)

1946494.6 \div \frac{1-(1+0.004167)^{-300} }{0.004167} = C\\

C  $ 11,379.014

6 0
3 years ago
The price elasticity of a good will tend to be larger:a)the longer the relevant time period. b)the fewer number of substitute go
Butoxors [25]

The price elasticity of a good will tend to be larger if the fewer number of substitute goods will be  available.

The cross elasticity of demand for substitute goods is always positive because the demand of one good increases at the time when the price for the substitute good increases however the cross elasticity of demand for complementary goods is always negative.

For example, if the price of coffee rises, the quantity demanded for tea which is the best  substitute of coffee beverage will increase as consumers will switch to a less expensive but the  substitutable alternative.

This is reflected in the cross elasticity of the demand formula, as both the numerator  which is the percentage change in the demand of tea and denominator which is the price of coffee  shows a positive increase.

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7 0
1 year ago
Rouse Corporation's December 31, 2012 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 20,000
Scorpion4ik [409]

Answer:

See bellow

Explanation:

With regards to the above, Rouse total stockholder's equity is computed as;

= Preferred stock + common stock + paid in capital in excess of par (preferred stock and common stock) + retained earnings - Treasury stock

= $150,000 + $1,950,000 + $60,000 + $27,000,000 + $7,650,000 - $630,000

= $53,730,000

7 0
3 years ago
Fire hazards associated with painting can be reduced by
MrRissso [65]

Keeping the paint away from an open flame.


7 0
3 years ago
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