Answer:
value of ending inventory under variable production is $104375
Explanation:
given data
Variable production costs = $12.50 per unit
variable selling and administrative expenses = $3.50 per unit
Fixed manufacturing overhead totals = $41,000
Fixed selling and administration expenses total = $45,000
production = 4,500 units
sales = 3,850 units
to find out
the dollar value of the ending inventory under variable costing would be
solution
we find here ending inventory that is express as
ending inventory = production - sale
ending inventory = 4500 - 3850
ending inventory = 8350
so
variable production cost of 8350 units are
variable production cost = 8350 × $12.50
variable production cost = $104375
so value of ending inventory under variable production is $104375
Answer:
D. Computer manufacturers have aggressively started hiring more staff
Explanation:
The Nederlander Organization must effectively use teaser and revealers promotion campaigns to take its musicals to foreign markets.
Option a
<u>Explanation:</u>
Nederlander Organization will adopt to the use of teaser and revealers promotion campaigns for its musical foreign market. After doing the market analysis and known about the customer’s interest the company will go with the strategy called revealers promotion campaigns.
This is an advertising campaign which creates a curiosity in the minds of consumers till the brands last ad. This type of campaign will keep the consumers always think about the product and ad which is going to be launched soon.
Answer:
The Final Step is 'post to a trial balance so financial statements can be prepared'
Explanation:
The accounting cycle has, in most theory analysis, 8 steps that will serve to record and process all financial transactions of a company, beginning at the transactions itself and ending at resetting the balance so a new cycle can begin. The steps are:
1) The occurrence of Financial Transactions
2) The record of those transactions in the company journal
3) The summary of all journal’s transactions in the general ledger
4) The calculation of a total balance for all accounts
5) The corrections of error in balances by the bookkeeper
6) The posting of adjustments in all accounts
7) The manufacture of financial statements using the correct balances
8) The close of revenue and expense accounts to open a new cycle
Answer:
c. Work in Process--Department 2 375,000 Work in Process--Department 1 375,000
Explanation:
The journal entry is shown below:
Work in Process - Department 2 $375,000 ($100,000 + $125,000 + $150,000)
To Work in Proces - Department 1 $375,000
(Being the flow of cost from Dept 1 to Dept 2 is recorded)
Here the work in process for dept 2 is debited as it increased the assets and credited the work in process for dept 2 as it decreased the assets
