1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ioda
2 years ago
13

Sheridan Company uses job order costing for its brand new line of sewing machines. The cost incurred for production during 2019

totaled $15000 of materials, $11000 of direct labor costs, and $7000 of manufacturing overhead applied. The company ships all goods as soon as they are completed which results in no finished goods inventory on hand at the end of any year. Beginning work in process totaled $11000, and the ending balance is $8000. During the year, the company completed 25 machines. How much is the cost per machine?
Business
1 answer:
gizmo_the_mogwai [7]2 years ago
4 0

Answer:

$1,440 per machine

Explanation:

The computation of the cost per machine is shown below:

= Total cost ÷ number of machine completed

where,

Total cost = Material cost + direct labor cost + manufacturing overhead applied cost + beginning work in process cost - ending work in process cost

= $15,000 + $11,000 + $7,000 + $11,000 - $8,000

= $36,000

And, the number of machine completed is 25

So, the cost per machine is

= $36,000 ÷ 25 machines

= $1,440 per machine

You might be interested in
PLEASE HELP ME PLEASE!!! WORTH 100 POINTS
tatiyna

Answer:

12*48=$576,000,000,000

Explanation:

12 times 48=$576,000,000

8 0
3 years ago
Read 2 more answers
AB Builders, Inc., has 22-year bonds outstanding with a par value of $2,000 and a quoted price of 106.657. The bonds pay interes
Aloiza [94]

Answer:

7.32%

Explanation:

<em>The price of a bond is the present of its interest payment and the present value of redemption value (RV</em>

Present value of the Redemption Value (RV) =

FV× (1+r/2)^(-2×n)

FV- 2000, r- yield rate, r/2= 6.74%/2 = 3.37%, n-22

=2000× (1.0337)^(-2×22)

= 465.233

Present Value of the coupon payment =Price of bond - PV of RV

                          = (106.657% × 2000) - 465.233

                         =    $1667.90

PV of coupon payment= A × (1-(1+r)^(-2×n)

A- semiannual coupon payment, r -yield

   1667.90 = A × (1-(1.0337)^(-2*22))/0.0337

    1,667.90   = A × 22.7710

A = 1,667.90/22.7710

A= 73.246

Annual coupon payment = 2× 73.246=  146.493

Annual coupon rate = coupon payment/ face value

                                = (146.493/2,000 )× 100

                                = 7.32%

6 0
2 years ago
Read 2 more answers
What will happen to trade if business is flourishing?​
PolarNik [594]

Answer:

if the business is florishing, as an example Medical sectors during pandemic they are going to grow till they are in a high demand

8 0
3 years ago
All of these are examples of subsidy except ____________________.
lara [203]

Answer:

4) Student loan forgiveness given to teachers if they teach in high poverty areas.

Explanation:

A subsidy is assistance from to government to the private sector or another public sector that aims at promoting production in the specific sector of the economy.  Subsidies are in the form of cash donations, tax concessions, government purchase policies, or assumption of risk.  The objective of subsidies is to lower the cost of production, thereby reducing the market price of outputs.

The most common types of subsidies are in the agricultural and manufacturing sectors. In agriculture, the government often subsidizes production by giving cash incentives to farmers. The subsidies help reduce the cost of food. In manufacturing, the government offers export subsidies to businesses to support them in increasing exports.

Other types of subsidies include loan guarantees, loans at reduced interest rates, and tax waivers.

6 0
3 years ago
All of these are open-system characteristics except
NARA [144]
I think the correct answer from the choices listed above is option D. All of these are open-system characteristics except circular causation. It is a<span>n action that is controlled or affected by its own status-change or result . Hope this answers the question. Have a nice day.</span>
8 0
2 years ago
Other questions:
  • Carmel Company has a frequent buyer program for its customers, where the customers can attain an "elite" level based on the numb
    6·1 answer
  • "suppose that an angry customer started yelling at you in front of other customers. what would you do?" this type of interview q
    6·2 answers
  • <img src="https://tex.z-dn.net/?f=%5Crm%7B%5Cpink%7B%5Cunderline%7B%5Cunderline%7B%5Cblue%7BANSWER%3A-%7D%7D%7D%7D%7D" id="TexFo
    7·2 answers
  • T-Bills are a security whose price can vary in the market where they are bought and sold after they are auctioned to the investi
    6·1 answer
  • The following information to perform the calculations below (using the indirect method).
    6·1 answer
  • The marginal benefit of an additional beach towel is $12. The marginal cost of producing an additional beach towel is $8. If pro
    13·1 answer
  • Central Supply paid off an accounts payable for a toboggan it had purchased on credit three weeks ago. The time period between t
    12·1 answer
  • You’ve just joined the investment banking firm of Dewey, Cheatum, and Howe. They’ve offered you two different salary arrangement
    7·1 answer
  • A company had the following... A company had the following purchases and sales during its first year of operations: Purchases Sa
    10·1 answer
  • AirQual Test Corporation provides on-site air quality testing services. The company has provided the following cost formulas and
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!