1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bonufazy [111]
3 years ago
13

Search... Unlock all answers JOIN FOR FREE jswagballerlife4060 01/08/2020 Business College answered LO 5.3Direct material costs

$3 per unit, direct labor costs $5 per unit, and overhead is applied at the rate of 100% of the direct labor cost. What is the value of the inventory transferred to the next department if beginning inventory was 2,000 units; 9,000 units were started; and 1,000 units were in ending inventory? $1,000 $13,000 $130,000 $20,000
Business
1 answer:
Tomtit [17]3 years ago
8 0

Answer:

$130,000

Explanation:

Calculation to determine the value of the inventory transferred to the next department

First step is to calculate the Cost per unit

Using this formula

Cost per unit = Direct material costs + Direct labor costs + Overhead

Let plug in the formula

Cost per unit=$3+$5+(100%*$5)

Cost per unit = $3 + $5 + $5

Cost per unit = $13

Second step is to calculate the inventory transferred using this formula

Inventory transferred = Beginning inventory + Started Inventory - Ending inventory .

Let plug in the formula

Inventory transferred = 2,000 + 9,000 - 1,000

Inventory transferred = 10,000 units

Now let calculate the value of the inventory transferred

Using this formula

Value of inventory transferred = Inventory transferred × Cost per unit

Let plug in the formula

Value of inventory transferred = 10000 × $13

Value of inventory transferred = $130,000

Therefore the value of the inventory transferred to the next department is $130,000

You might be interested in
Shortly before the fall of the Soviet Union, the economist Gur Ofer of Hebrew University of Jerusalem, wrote this: "Themost outs
ipn [44]

Remainder part of the question:

This turned out to be a very poor growth strategy because

A. the capital stock was increasing less rapidly than technology.

B. the amount of labor per unit of capital was increasing.

C. there were diminishing returns to capital.

D. the amount of capital per hour worked was decreasing

Answer:

Option C There were diminishing returns to capital.

Explanation:

The reason is that the investment gave diminishing returns which didn't covered its cost of capital (the cost that we pay to finance providers). This diminishing returns limited the investment in the forthcoming period and as result we see the fall of Soviet Union. So this option provides a better insight to the poor growth strategy. The investment must be in projects that generates greater value to the organization.

3 0
3 years ago
When a firm changes its capital structure by issuing or retiring debt, for example, this change alters the firms unlevered free
liubo4ka [24]

Answer:

True

Explanation:

Unlevered free cash flows represent the amount of cash a business has before meeting it's financial obligations such as operating expenses or periodic interest payments on borrowed funds.

When a firm issues further debt, it's available funds increase. Similarly, if a firm retires or repays it's debt, it's available funds decrease.

Therefore, change in capital structure by issue or retirement of debt alters a firm's unlevered free cash flows.

7 0
3 years ago
A car is driven 15Km East for 12minutes before the road changes. The car is then driven south for 18minute​
Evgen [1.6K]

Answer:

30Km

Explanation:

7 0
3 years ago
The price of money borrowed or saved is called _____.<br> interest<br> loan<br> money supply
Vlad1618 [11]
The price of money borrowed or saves is called INTEREST.

When you borrow money, interest is also paid on the principal. When you save money, interest is earned on the savings. This is the price of money borrowed or saved. 
7 0
3 years ago
In which ways can goals be classified
Sonja [21]

Answer: It says goals can be classified as : futuristic,psychological, or educational (then ) , recreational , occupational, or personal

this is the correct answer

Explanation:

8 0
3 years ago
Other questions:
  • A piece of equipment costs $30,000, and is expected to generate $8,500 of annual cash revenues and $1,500 of annual cash expense
    12·1 answer
  • The monetary base and the money supply are expected to grow at a constant rate of 20% per year. Inflation and expected inflation
    11·1 answer
  • How do employees and managers know what decision-making authority they have regarding firm assets?
    11·1 answer
  • Jane receives an email claiming that her bank account information has been lost and that she needs to click a link to update the
    6·1 answer
  • The term economic cycle refers to what? How does it impact a business?
    6·1 answer
  • GL Plastics spent $1,200 last week repairing a machine. This week the company is trying to decide if the machine could be better
    10·1 answer
  • The primary goals of inventory managers are to maintain a sufficient quantity of inventory to meet customers' needs, ensure inve
    11·1 answer
  • The Snow Corporation issues 14,000 shares of $54 par value preferred stock for cash at $68 per share. The entry to record the tr
    11·1 answer
  • If a student identifies "family doesn't have enough money for college" as a barrier to her long-term education goal, which of th
    10·1 answer
  • How much would you need to deposit in an account now in order to have $3000 in the account in 15 years
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!