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N76 [4]
3 years ago
13

XYZ produces a single product and has provided the following data for its most recent month of operations:

Business
1 answer:
Blababa [14]3 years ago
8 0

Answer: $197

Explanation:

With absorption costing, the fixed manufacturing costs are absorbed by the products which means that the product cost will include fixed costs related to manufacturing.

The absorption costing unit product cost is therefore:

= Direct materials + Direct Labor + Variable manufacturing overhead + Fixed manufacturing Overhead per unit

Fixed manufacturing overhead per unit is:

= 224,000 / 6,400 units

= $35 per unit

Absorption cost unit product cost = 72 + 80 + 10 + 35

= $197

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Meredith wants to start her own small business. All of the following are things she needs to do to start a business EXCEPT:
joja [24]

Answer:

The correct answer is letter "A": hire employees to work for the business.

Explanation:

While starting a small business, individuals should take care of all the operations to <em>reduce the expenses of hiring employees</em>. This is the way <em>sole proprietorships</em> tend to work at least at the beginning until the business starts growing and the operations require more labor hand to cover the demand for work.

4 0
3 years ago
Ace Company purchased a machine valued at $328,000 on August 1. The equipment has an estimated useful life of six years or 2.5 m
nlexa [21]

Answer:

A. $53,167

Explanation:

The computation of the depreciation expense under the straight-line method is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($328,000 - $9,000) ÷ (6 years)

= ($319,000) ÷ (6 years)  

= $53,167

In this method, the depreciation is same for all the remaining useful life.

The estimated useful life in units is used in units of production method. Hence, it is ignored here.

6 0
3 years ago
Mary exchanged an office building used in her business for some land. Mary originally purchased the building for $45,000, and it
Savatey [412]

Answer:

$24,000

Explanation:

The computation of the adjusted basis in the land after the exchange is shown below:

= Adjusted basis at the time of exchange + additional amount given

= $20,000 + $4,000

= $24,000

We simply added the Adjusted basis at the time of exchange and the additional amount so that the accurate value can come.

And the other information which is given in the question is not relevant. Hence, ignored it

7 0
3 years ago
During the year, Kiner Company made an entry to write off a $32,000 uncollectible account. Before this entry was made, the balan
azamat

Answer:

balance in bills receivables account = $364000

Explanation:

given data

write off =  $32000

balance in accounts receivable = $400000

balance in allowance account = $36000

to find out

net realizable value of accounts receivable

solution

we first find credit balance in allowance that is

credit balance in allowance = $36000 - $32000

credit balance in allowance = $4000

and

so here balance in bills receivables account is

balance in bills receivables account =  ( $400000 - $32000 ) - ( $36000 - $32000 )

balance in bills receivables account = $368000 - $4000

balance in bills receivables account = $364000

4 0
3 years ago
Please, help, I will award brainliest!
AysviL [449]

For lower income people:

The more the government puts towards health care would mean there would be a higher quality of life for low income areas allowing them to get access to needed healthcare for no cost to them.

For higher income people / corporate entities:

it would mean higher taxes on the 1% and 0.1% of the richer people and raising taxes on corporations such as higher taxes on dividends.

Summary:

For a SoL on one side to change another side would have to lose.

3 0
2 years ago
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