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AysviL [449]
2 years ago
14

Risser Woodworking Corporation produces fine cabinets. The company uses a job-order costing system in which its predetermined ov

erhead rate is based on capacity. The capacity of the factory is determined by the capacity of its constraint, which is an automated jointer. Additional information is provided below for the most recent month:
Estimates at the beginning of the month:
Estimated total fixed manufacturing overhead $16,244
Capacity of the jointer 310 hours
Actual results:
Sales $ 66,300
Direct materials $ 15,900
Direct labor $ 14,430
Actual total fixed manufacturing overhead $ 16,244
Selling and administrative expense $ 9,500
Actual hours of jointer use 260 hours
The gross margin that would be reported on the income statement prepared for internal management purposes would be closest to:_____________
Business
1 answer:
erma4kov [3.2K]2 years ago
4 0

Answer:

Gross margin $22,346

Explanation:

The computation of the gross margin is shown below:

Sales             $66,300

less:

Direct material  $15,900

Direct labor   $14,430

Overhead $13,624 ($16,244 ÷ 310× 260)

Gross margin $22,346

Hence, the gross margin is $22,346

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3 years ago
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Explanation

4 0
3 years ago
What is the SCOR model?
algol13

Answer:

SCOR stands for "supply chains operations reference".

Explanation:

It is a management tool used to address, improve, and communicate supply chain management decisions that happen within the basis of a company and with suppliers and the customers of that company.

3 0
1 year ago
U. S. Treasury bonds: A. Are highly illiquid. B. Are quoted as a percentage of par. C. Are quoted at the dirty price. D. Pay int
sertanlavr [38]

Answer:

The correct answer is letter "B": Are quoted as a percentage of par.

Explanation:

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T-bonds are sold in an auction, which determines the bond's price and yield. <em>Bonds are quoted as a percentage of par value, taking by reference the principal.</em>

6 0
3 years ago
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sashaice [31]

Answer:

I took the lesson on edg and this answer was right.

Explanation:

I would use conflict resolution to solve the issue by trying to create a compromise between me and the other person who doesn't like my idea. You would also have to try and be the bigger person if they are going to be super stubborn, And if it is getting in the way of actually getting work done then i would call the boss or someone higher up to explain the situation.

^^^^

this is the correct answer

8 0
3 years ago
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