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Jet001 [13]
3 years ago
14

Coronado Industries uses job order costing for its brand new line of sewing machines. The cost incurred for production during 20

19 totaled $18000 of materials, $13000 of direct labor costs, and $8000 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 $12000, and the ending balance is $9000. During the year, the company completed 25 machines. How much is the cost per machine
Business
1 answer:
quester [9]3 years ago
3 0

Answer:

Cost per machine $1,680

Explanation:

The computation of the cost of the machine is given below:

Beginning work in process $12,000

Direct material $18,000

Direct labor $13,000

Overhead $8000

Less: Ending work in process -$9,000

Cost of goods manufactured $42,000

Divided by Unit 25

Cost per machine $1,680

hence,the same should be relevant

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A company uses the periodic inventory system and had the following activity during the current monthly period.
Alekssandra [29.7K]

Answer:

The answer is: $3,289

Explanation:

<u>Date</u>                 <u>Units </u>                 <u>Unit price</u>           <u>Inventory</u>      <u>Average cost</u>

Purchases

Nov. 1             103 units             $20 per unit        $2,060        $20 per unit              

Nov. 5            103 units             $22 per unit        $4,326         $21 per unit

Nov. 8            53 units               $23 per unit        $5,545        $21.41 per unit

<u>Nov. 19           30 units              $25 per unit        $6,295        $21.78 per unit</u>

TOTAL           289 units            $21.78 per unit    $6,295        $21.78 per unit

Sales

Nov. 16          -138 units            $21.78 per unit    $3,006       $21.78 per unit

Ending inventory

Nov. 30          151 units           $21.78 per unit    $3,289       $21.78 per unit

3 0
3 years ago
Wally and Sally want to go into business together and plan on offering a tutoring service to high school and college students. W
sashaice [31]

Answer:

A. Yes, because the corporation would be required to pay tax on its profits, and the shareholders would also be required to pay taxes on dividends

4 0
3 years ago
Increased optimism about the future will lead to Multiple Choice
iragen [17]

Answer:

C

Explanation:

more current investment and more future consumption.

8 0
4 years ago
The u.s. federal government offers homeowners a tax deduction for their home loan interest payments. this reduction in taxes ser
stepan [7]
<span>This reduction in taxes serves as a "direct"  incentive to buy a house.


</span>There are direct incentives and indirect incentives, the difference between them are;Direct incentives are generally simple to perceive/aftereffect of an activity – Firm brings down the gas cost to pull in more clients and Indirect incentives are the hidden outcome of the move made – Pollution is a result of the expanded amount requested.
4 0
3 years ago
Identify the goal of outsourcing governance procedures. Group of answer choices To report on the fairness of the presentation of
VashaNatasha [74]

Answer:

To ensure that the outsourcing initiative succeeds, even as personnel, business needs, and operating conditions change

Explanation:

Outsourcing

This is simply regarded as a form of an arrangement through which one company in contact with another organization mainly to give or provide services that ordinarily could be provided by company employees.

Reasons why organizations outsource

1. To cut costs

2. To improve focus

3. To upgrade capabilities and services

4. Fasten or accelerate time to market etc.

There are several issues associated with outsourcing. They includes:

1. There is the problem of decreasing employee Morale

2. Quality problems

3. Legal issues

3. Negative impact on customer relationships and satisfaction

4. Data security and integrity issues etc.

The objective of outsourcing is to save money and/or provide better service. It aim to lessen or free up development staff to cutoff peaks and valleys in the staffing cycle.

7 0
3 years ago
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