The key financial consideration in choosing between private and 3pl distribution options is _________________________________

Consider Derek's budget information: materials to be used, $64,750; direct labor, $198,400; factory overhead, $394,800; work in

natita [175]

Answer:

Option (c) is correct.

Explanation:

Given that,

Materials to be used = $64,750;

Direct labor = $198,400;

Factory overhead = $394,800;

Work in process inventory on January 1, = $189,100;

Work in progress inventory on December 31, = $197,600

Firstly, we are calculating the manufacturing cost by adding direct material, direct labor cost and factory overhead. It is calculated as follows:

= Direct material + Direct labor + Factory overhead

= $64,750 + $198,400 + $394,800

= $657,950

Cost of goods manufactured determine the value of goods produced during a period of time. It refers to the cost that is incurred to convert the raw material into the finished goods.

Therefore, the cost of goods manufactured is calculated as follows:

= Manufacturing cost + Opening work in process - Closing work in in process inventory

= $657,950 + $189,100 - $197,600

= $649,450

3 0

3 years ago

Ticker Services began operations in 2015 and maintains long-term investments in available-for-sale securities. The year-end cost

Inessa05 [86]

Answer:

1.

Dec. 31, year 1

Dr Fair value adjustment – AFS (LT) 11,140

Cr Unrealized gain – Equity 11,140

2.

Dec. 31, year 2

Dr Fair value adjustment – AFS (LT) 16,160

Cr Unrealized gain – Equity 16,160

3

Dec. 31, year 3

Dr Fair value adjustment – AFS (LT) 73,000

Cr Unrealized gain – Equity 73,000

4.

Dec. 31, year 4

Dr Unrealized loss – Equity 3,600

Cr Fair value adjustment – AFS (LT) 3,600

Explanation:

General journal for Ticker Services

1.

Dec. 31, year 1

Dr Fair value adjustment – AFS (LT) 11,140

Cr Unrealized gain – Equity 11,140

($372,000 $360,860)

2.

Dec. 31, year 2

Dr Fair value adjustment – AFS (LT) 16,160

Cr Unrealized gain – Equity 16,160

(455,800-428,500) -11,140

3.

Dec. 31, year 3

Dr Fair value adjustment – AFS (LT) 73,000

Cr Unrealized gain – Equity 73,000

(700,500-600,200)-(455,800-428,500)

100,300-27,300=73,000

4.

Dec. 31, year 4

Dr Unrealized loss – Equity 3,600

Cr Fair value adjustment – AFS (LT) 3,600

(700,500-600,200) -(876,900 -780,200)

100,300-96,700

3,600

5 0

3 years ago

A company has bonds outstanding with a par value of $100,000. The unamortized premium on these bonds is $2,700. If the company r

Lunna [17]

Answer:e. $3,700 gain.

Explanation:

Par value of Bonds =$100,000

Unamortized premium= $2,700

Carrying/ Book value of bonds= Par value of Bonds +Unamortized premium

= $100,000 + $2,700 =$102,700

Amount at which bonds retired $100,000 x 99% = $99,000

Gain on retirement of bonds =Book value of bonds- Amount at which bonds retired

=$102,700- $99,000 = $3,700

4 0

3 years ago

In a cooking context, which of the following materials is the best heat conductor?

victus00 [196]

Iron is the answer to the question

8 0

3 years ago

Read 2 more answers

Tim is trying to compute how many salespeople his business needs for the upcoming year. He wants his salesforce to call on each

Vinvika [58]

Answer:

Tim's business should have 50 sales person

Explanation:

Number of customers = 1,000 customers

Call frequesncy to each = 50 times

Average Length of call = 2 hours

Average sales persons time = 2,000 hours per year

Total Time = Customers x Average time per call x Call frequesncy

Total Time = 1,000 x 2 x 50 = 100,000 hours per year

Number of Sales people required = Total time / Average time per sales person = 100,000 / 2,000 = 50 sales person

4 0

3 years ago

Read 2 more answers

The key financial consideration in choosing between private and 3pl distribution options is __________________________________.