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SSSSS [86.1K]
3 years ago
13

Beginning raw materials inventory $ 15,200 Raw material purchases 60,000 Ending raw materials inventory 16,600 Beginning work in

process inventory 22,400 Ending work in process inventory 28,000 Direct labor 42,800 Total factory overhead 30,000 All raw materials used were traceable to specific units of product. Healey Company's direct materials used for the year is:
Business
1 answer:
garik1379 [7]3 years ago
3 0

Answer:

$58,600

Explanation:

Calculation for what Healey Company's direct materials used for the year is:

Using this formula

Direct materials used for the year=Beginning Raw Materials + Raw Materials Purchased - Ending Raw Materials

Let plug in the formula

Direct materials used for the year = $15,200 + $60,000 - $16,600

Direct materials used for the year= $58,600

Therefore Healey Company's direct materials used for the year is:$58,600

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A review of small business successes and failures indicates that the Multiple Choice businesses that are easiest to start offer
nataly862011 [7]

Answer: businesses with the potential for high profit levels tend to be difficult to start and hard to keep going

Explanation:

A review of small business successes and failures indicates that the businesses with the potential for high profit levels tend to be difficult to start and hard to keep going.

The main reason for the above is that for firms that offer growth, these kind of forms are very challenging when one wants to begin them.

Even when one eventually starts them, they can be tough to keep going but it's worth it as they have huge potential for high profits.

7 0
3 years ago
Jan sold her house on December 31 and took a $10,000 mortgage as part of the payment. The 10-year mortgage has a 10% nominal int
bixtya [17]

Answer:

a) quota: $ 802.43

b) 500 and then, 484.88 for interest

   302.43 and 317.54

C) total interest: 984.88

D) the interest will decrease and the amortization over time will increase

E) as the loan has a given date. At that date the principal outstanding must be zero therefore, after each payment the principal is reduced making interest decrease as well. This decrease in interest is replaced with an increase in the amortization-

Explanation:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 10,000

time 20

rate 0.05

10000 \div \frac{1-(1+0.05)^{-20} }{0.05} = C\\

C  $ 802.426

Interest on first quota:

10,000 x 0.05 = 500

Amortization on first quota:

802.43 - 500 = 302.43

Interest in second quota:

(10,000 - 302.43) x 0.05 = 484,8785‬

amortization on second quota:

802.42 - 484,88 = 317,54‬

Interest for the year:

500 + 484.88 = 984.88

6 0
3 years ago
Explain 3 different types of levels of management
Tema [17]
       it s how u organize ur things when u are high up the less <span>
 

When your higher up in the ladder, technical skills are less important becuse you can hire/get people to do those in the lower ladder. leadership is more important because those who follow you will do as you command. if you mess up, and you are losing (men, points, etc), your other men will bail out, and leave you</span>
5 0
3 years ago
3. Hidden details can be shown in drawing<br>using <br>line.​
dolphi86 [110]
Hidden lines in a drawing represent the edges where surfaces meet but are not directly visible. Hidden lines are omitted from pictorial drawings unless they are needed to make the drawing clear
Hope it helps
5 0
3 years ago
A company has beginning inventory of 10 units at a cost of $10 each on February 1. On February 3, it purchases 20 units at $12 e
Gre4nikov [31]

Answer:

b) $124

Explanation:

FIFO means first in, first out. Under this principle, goods that were purchased or produced earlier will be the first ones on sale.

The value of the goods sold in our case will be as follows.

The first ten items   @ $10: 10X10 =$100

Two items to make   [email protected] $12: 2x12=$24

 

Total cost: $100+$24= $124

7 0
3 years ago
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