<u>Calculation of amount of direct materials charged to job no. 173:</u>
It is given that the work in process inventory on December 31 consisted of job no. 173 with a balance of $66,200.
Job no. 173 has been charged with manufacturing overhead costs of $20,000. Denver allocates manufacturing overhead costs at a rate of 50% of direct labor cost. It means the direct labor cost would be 20,000/50% = $40,000
Now we can calculate the amount of direct materials charged to job no. 173 as follows:
Direct material Cost = Total Cost allocated to Job – Direct Labor Cost – Manufacturing Overhead Cost
= 66200-40000-20000
= 6200
Hence, the amount of direct materials charged to job no. 173 is <u>$6,200</u>
Answer:
Teaching or asking a study partner the questions.
Explanation:
When you teach someone you take in the knowledge better and get to help someone else out.
Answer:
$126,600
Explanation:
Calculation to determine what the revenue from the two products would be:
Venue if processed further:
Premium Green (11,500 bags * $9 per bag) $ 103,500
Green Deluxe (3,300 bags * $7 per bag) $23,100
Total revenue if processed further $ 126,600
($103,500+$23,100)
Therefore Assuming Maxim further processes Green Health further into Premium Green and Green Deluxe, revenue from the two products would be:$126,600
Based on the number of shares you bought and the dividend per share, the total dividend income you received was $452.40.
<h3>How much dividend income was received?</h3>
The stock was held for 7 months and there are 2 quarters in a space of seven months so two dividends were received.
The amount received is:
= Number of share x Number of quarters x dividend per quarter
= 580 x 2 x 0.39
= $452.40
Find out more on dividends at brainly.com/question/25845157.
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Answer: A = 9 and firm B = 0.11
Explanation:
Debt to equity ratio = Total Liability/ total equity
Firm A = 18000000 / 2000000
Debt to equity ratio of firm A = 9
Firm B = 2000000 / 18000000
Debt to equity ratio of firm B = 0.11
