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3 years ago

Checking account A charges a monthly service fee of $20 and a wire transfer

Business

1 answer:

Usimov [2.4K]3 years ago

3 0

Answer: not sure

Explanation:

its for the points

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Meginnis Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 5,000 units, its ave

Ivan

Answer:

$53, 700

Explanation:

The question is not complete:

The completion is here:

6000 Units were produced and determine the total amount of direct manufacturing cost incurred.

Step 1: Calculate the Direct Manufacturing Cost

Direct manufacturing cost is the cost of those input raw materials that are directly related to the product as well as the units being produced.

Direct Manufacturing Cost = (The Direct Material/ Unit + The Direct Labour/ unit) x Units Produced

= ($5,20 + $3.75) x 6000 units

= $8.95 x 6000 units

= $53, 700

Therefore, the direct manufacturing cost is $53, 700

6 0

3 years ago

Are liabilities debts or credits?

Olegator [25]

Credits.... is suitable ..hope it helped

4 0

4 years ago

Read 2 more answers

Burger Store is located near many large office buildings, so at lunch it is extremely busy. Burger Store management previously p

lawyer [7]

Answer:

The cost of those meals should be tax-free to employees

Explanation:

The lateness of employees to their respective duties after lunch obviously affected business, negatively. This negative impacts of lateness were solved by lunch planning.

For convenience sake of the employer, employer paid meals were furnished within the business environment. Because employees were late from lunch, employer arranged free meals in order for employees to be on time from lunch.

As long as lateness has been reduced then their meals should be tax free.

7 0

3 years ago

Ahrends Corporation makes 70,000 units per year of a part it uses in the products it manufactures. The unit product cost of this

Kazeer [188]

Answer:

$147,000

Explanation:

The computation of the financial advantage (disadvantage) of purchasing the part rather than making it is shown below;

<u>Particulars Make Buy </u>

Direct material $1,246,000 (70,000 × $17.80)

Direct labour $1,330,000 (70,000 × $17.80)

Variable manufacturing

overhead $70,000 (70,000 × $1)

Fixed manufacturing

overhead $623,000 (70,000 × ($17.10 - $8.20))

Purchase cost $3,395,000 (70,000 × $48.50)

Opportunity cost $273,000

Total cost $3,542,000 $3,395,000

So, the Advantage is

= ($3,542,000 - $3,395,000)

= $147,000

7 0

3 years ago

Porite Company recognizes revenue in the period in which it records an asset for the related account receivable, rather than in

lianna [129]

Answer: Accrual accounting

Explanation: Under the accrual method of accounting, the entity records the revenues and expenses in the period of their occurrence, regardless when the cash is exchanged.

In the given case, Porite is recognizing revenues in the same period for the account receivable of asset from which that revenue is generated. Hence, the receiving of revenue is not taken into consideration.

Hence, from the above we can conclude that the practice of Porite is an example of accrual accounting.

3 0

4 years ago