Answer:
$90,139.00
Explanation:
ending Work in process inventory = Beginning WIP + Direct Materials + Direct labor + Material Overhead - Cost of goods manufactured
Beginning Work In Progress = 0
Direct Materials = 0.80*$96,300
= $77,040
Direct labor = $57,300
Material Overhead = indirect labor + other manufacturing head
= $14,900 + $108,300
= $123,200
ending Work-in-Process Inventory
= beginning inventories + direct material + direct labor + material overhead
= (0 + $77,040 + $57,300 + $123,200)*0.35
= 257,540*0.35
= $90,139
Therefore, The value of the ending Work-in-Process Inventory is $90,139.
Answer:
B. a fixed-price contract.
Explanation:
"A fixed price contract places minimum administrative burden on the contracting parties, but subjects the contractor to the maximum risk arising from full responsibility for all cost escalations. Also called firm price contract."
Mr. Plow couldn't come back to Springfield because he took full responsability for all cost escalations.
Reference: WebFinance Inc. “What Is Fixed Price Contract? Definition and Meaning.” BusinessDictionary.com, 2019
Hindsight is a wonderful thing in any business, or in life in general. We could make the best business decisions and maximise earnings if we had access to a crystal ball that could tell us exactly how many people would buy our goods.
<h3>
What Is Cost-Volume-Profit (CVP) Analysis?</h3>
An approach to determining how changes in variable and fixed expenses impact a company's profit is through cost-volume-profit (CVP) analysis.
Companies can utilise CVP to determine how many units they must sell to attain a specific minimum profit margin or break even (pay all expenditures).
CVP analysis makes a number of presumptions, among them the constancy of the sales price, fixed costs, and variable costs per unit.
Learn more about Cost-Volume-Profit refer:
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Answer:
The target is a re-seller
McGraw-Hill is a manufacturer
Explanation:
Purchasing Purell antibacterial soap from a target is re-seller, meaning the target is neither the producer nor the distributor of products but haven given name of such company like McGraw-Hill, one will know that McGraw-Hill is major publisher of books and their books are well local high school around the world. This makes the local high school that might bought from McGraw-Hill buying from a manufacturer
Cash receipts put you at the least risk of identity theft. They contain absolutely nothing useful for those who would like to steal your identity and are completely anonymous.
