Answer:
Explanation:
Ms. P receives $6,000 from Company P due to her husband A's loyal service and She receives $600 that her husband earned prior to his death. Hence, Ms P earns a total of $6,600 ($6000 + $600) gross income.
The amount of $90,000 receive from the life insurance proceeds are excluded from the gross income.
Ms P's daughter receives $4,000 from company P. It should be included in her daughter income.
Answer: $8600
Explanation:
Joint cost allocation:
Product :
Loin chops
Pounds - 3000
Price per pound - $5
ground
Pounds - 10,000
Price per pound - 2.00
ribs
Pounds - 4,000
Price per pound - 4.75
bacon
Pounds - 6,000
Price per pound - 3.50
total joint cost - $43000
Sales cost per product :
Loin chops - 3000 × 5 = $15,000
Ground = 10000 × $2 = $20,000
Ribs - 4000 × $4.75 = $19,000
Bacon - 6000 × $3.50 = $21,000
Loin cost allocation is given by :
Total joint cost × (sales value of Loin chops ÷ Total sales value of all products)
$43,000 × ($15,000 ÷ $(15,000 + 20,000 + 19,000 + 21,000))
$43,000 × ( $15000 ÷ $75000)
$43,000 × 0.2 = $8600
Answer:
C. Staff functions, line functions, and coordination functions
Explanation:
Human resource management functions may be classed into : line functions which involves the segment charged with the transition of an organization directly into its daily operational activities such as production, selling marketing and other customer service activities. The Staff functions of the human resource Management refers to advisory support on various activities of the organization which has to do with staffing, recruitment.
Coordination function involves the implementation of strategies which ensures synergy between various departments ensuring the adopting of best strategy to ensure maximum output.
Answer:
59,700 units
Explanation:
The computation of the equivalent units for the conversion cost is shown below:
= Opening work in process units × completion percentage + units started and completed × completion percentage + ending work in process units × completion percentage
= 4,600 units × 100% + 36,500 units × 100% + 31,000 units × 60%
= 4,600 units + 36,500 units + 18,600 units
= 59,700 units
Answer:
$3 is Zoe's Bakery marginal cost and Short run profits are $150.
Explanation:
As a change in quantity is not specified, then, The Marginal cost is the average variable cost of producing 1 unit ($3). And the profit at 150 units produced and sell at a price of $5 is $150 as revenue is $750 and total cost is $600.
