The following details are provided by Western Wear Merchandisers. The company uses the periodic inventory system.

Blue Company reports the following costs and expenses in May.

Inessa [10]

Answer:

(a) Manufacturing overhead = $176,700

(b) Product costs = $390,400

(c) Period costs = $72,390

Explanation:

a. The computation of the manufacturing overhead is shown below:

= Factory utilities + Depreciation on factory equipment + Property taxes on factory building + Indirect factory labor + Indirect materials + Factory repairs+ Factory manager salary

= $17,000 + $13,950 + $2,600 + $49,900 + $82,600 + $2,350 + $8,300

= $176,700

b. The computation of the product cost is shown below:

= Direct materials used + Direct labor + manufacturing overhead

= $141,700 + $72,000+ $176,700

= $390,400

c. The computation of the period cost is shown below:

= Sales salaries + Depreciation on delivery trucks + Repairs to office equipment + Advertising + Office supplies used

= $47,500 + $4,700 + $1,900 + $15,500 + $2,790

= $72,390

7 0

4 years ago

Layne is romantically interested in his employee, Brenda. He has asked her out a few times, but Brenda has turned him down.

DedPeter [7]

Answer: He is not representing good work place habitr

Explanation: you cannot be romantically involved with some one in the work place

4 0

3 years ago

Leo is a welfare recipient who qualifies for two means-tested cash benefit programs. If he does not earn any income, he receives

lubasha [3.4K]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

If he does not earn any income, he receives $225 from each program. For each dollar he earns (which his employer is required to report to the welfare agency), his benefit from each program is reduced by 75 cents until the benefit equals zero.

Each program= 225

Combined earnings= 225*2= 450

6 0

3 years ago

The internet has changed how people shop for clothes, electronics, and other goods. Because of online shopping, many retailers h

jenyasd209 [6]

Answer: B) The supply of goods like clothes will decrease.

Explanation:

All else being equal, the local retail market for clothes will see a reduction in supply for clothes. This is simply as a result of less shops offering clothes than before because some have closed down as they couldn't keep up with online retail stores.

For example, the entire supply of Jeans for the town of Jeanophia were from 5 stores with each selling 5 jeans. 3 stores have closed down due to competition from jeanyjeans.com and now only 2 stores are open which has reduced the supply from 25 jeans to 10 jeans.

8 0

3 years ago

South Carolina is facing budget cuts. The number of employees needs to be reduced over the next three years at all state agencie

choli [55]

<u>Answer:</u> This approach is called attrition.

<u>Explanation:</u>

Attrition is the process of reducing the workforce of the company due to various reasons. Here South Carolina has lot of budget constraints which forces the state to reduce the in take of new employees. This approach can also be called as hiring freeze so that the payroll can be reduced instead of doing layoffs.

The strength of the state is reduced in order to reduce the expenses and money pay outs. When there is a deficiency in the budgets actions have to be taken accordingly to minimize the effects.

8 0

3 years ago