Mexico cuenta con apoyos suficientes para promover el comercio internacional ?

Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginnin

saveliy_v [14]

Answer:

The selling price for Job A is $75,978.00

Explanation:

Molding Finishing Totals

Machine hours 4000 1000 5000

Fixed mnf. overheads 19600 2400 22000

Variable manufacturing

Overheads per machine hours 1.1 2.1

JOB A JOB B

Direct materials 13,600 7500

Direct labour costs 20,700 7400

Molding machines 2700*1.1= 2,970

Finishing 400*2.1= 840

Fixed mnf: molding 19600*4000/5000= 15,680

Fixed mnf: finishing 2400*1000/5000= 480

Total cost (sum of all the above) $54,270

Mark up = 40%

Mark up=gross profit (GP)*100/cost

40%= GP*100/54270

40*54270/100= GP

GP= 21,708

Sales= cost + GP

Sales= 21,708+54,270

Sales= $75,978.00

7 0

3 years ago

Assume that the Quinn Corporation uses the indirect method to depict cash flows. Indicate where, if at all, stock issued for equ

trasher [3.6K]

Answer:

No, it will not be classified on cash flow statement.

Explanation:

In the given case, stocks are issued in exchange of equipment. Assuming no cash is involved even for the balancing amount.

Since, cash flow statement records all transactions involving cash the exchange of stock issued for equipment, is nowhere involving cash thus, it will not be depicted on cash flow statement.

Final Answer

No it will not be classified on cash flow statement.

4 0

3 years ago

Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the u

stich3 [128]

Answer:

$30.39 per machine hour

Explanation:

Giannitti corporation has an estimated machine hours of 36,000

The estimated variable manufacturing overhead is $3.01 per machine hour

The estimated total fixed manufacturing overhead is $1,058,040

The first step is to calculate the the predetermined overhead rate

= 36,000 + 3.01 + 1,058,040

= $1,094,043.01

Therefore the predetermined overhead rate can be calculated as follows

= 1,094,043.01/36,000

= $30.39 per machine hour

Hence the predetermined overhead rate for the recently completed year is closest to $30.39 per machine hour

5 0

3 years ago

Which Finance career involves the stock market?

maria [59]

Answer:

A or D (i think!)

Explanation:

3 0

3 years ago

Read 2 more answers

What are two advantages of bonds for their users?

8_murik_8 [283]

Answer:

Explanation:

Bonds have some advantages over stocks, including relatively low volatility, high liquidity, legal protection, and a variety of term structures.

3 0

3 years ago

Read 2 more answers