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Sergio [31]
2 years ago
9

Moath Company reports the following for the month of June.

Business
1 answer:
sweet [91]2 years ago
3 0

Answer: $5,500

Explanation:

The Cost of Goods available for sale is the price of the inventory and purchases that the company intends to sell.

June 1 Inventory = $1,000

June 12 Purchase = $2,400

June 23 Purchase = $2,100

Cost of goods available for sale = 1,000 + 2,400 + 2,100

= $5,500

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epartments have estimated annual factory overhead costs of $256,000 and $480,000, respectively. The Fabrication Dept. expects 25
Phoenix [80]

Answer:

Factory overhead cost charged to each unit:

                                                     Fabrication     Assembly

Factory overhead rates                  $10.24             $0.81

Machine hours per unit                   5

Direct labor cost per unit                                       $118.40

Factory overhead cost per unit   $51.20             $95.90

Explanation:

a) Data and Calculations:

                                         Fabrication            Assembly

Annual overhead costs  $256,000              $480,000

Expected machine hours   25,000                             0

Expected direct labor costs         0               $592,000

Overhead rates                $10.24                  $0.81

                         ($256,000/25,000)             ($480,000/$592,000)

Assuming number of units produced = 5,000

Each unit will consume   5 (25,000/5,000)   $118.40 ($592,000/5,000)

                                    machine hours           direct labor cost

Overhead cost per unit = $51.20                  $95.90

                                     ($10.24 * 5)               ($118.40 * $0.81)

5 0
2 years ago
logan asks his friends, family, teachers and coaches if they know anybody who can tell him more about a career in which he is in
kondor19780726 [428]
Well,  it matters what career he wants.  If it involves his family friends and coach,  them he  should ask them.
7 0
3 years ago
Read 2 more answers
Wilma's Winery uses the indirect method to determine net cash provided by operating activities. During 2017, Wilma experienced a
AlekseyPX

Answer: $23,000+ $8000+ $1000 - $4000= 28,000

5 0
2 years ago
Financial ratios that reflect the degree to which a firm relies on borrowed funds are called ________ ratios. leverage liquidity
Vanyuwa [196]
Leverage would  be your answer.

3 0
3 years ago
Tim's Taxi Service sold one of its cabs for $9,000. The cab had an original cost of $23,000 with $16,000 in accumulated deprecia
natta225 [31]

Answer:

The recognized gain is $2000

Explanation:

The carrying value of the cab sold is the difference between the original cost of $23,000 and the accumulated depreciation of $16,000, hence, carrying value is $7000($23000-$16,000)

The cash proceeds from the disposal of then cab are $9000

Gain on disposal of cab=$9000-$7000

Gain on disposal of cab=$2000

6 0
3 years ago
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