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Triss [41]
2 years ago
15

The following costs were incurred in May: Direct materials$40,500 Direct labor$36,700 Manufacturing overhead$28,800 Selling expe

nses$21,400 Administrative expenses$38,800 Conversion costs during the month totaled:
Business
1 answer:
Lady bird [3.3K]2 years ago
7 0

Answer:

$77,200

Explanation:

Conversion cost is calculated as;

= Direct labor cost + Manufacturing overhead.

Given that;

Direct labor cost = $40,500

Manufacturing overhead = $36,700

Conversion cost = $40,500 + $36,700

= $77,200

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<u>C.</u> Satisficer

<h3><u>What is a satisficer?</u></h3>

A decision-making method called satisficing aims for a satisfactory or adequate outcome rather than the best one. Satisficing concentrates on practical effort when faced with tasks rather than exerting maximal effort to achieve the ideal result. This is due to the possibility that pursuing the ideal outcome will result in an unnecessary drain on time, effort, and resources. In order to achieve the first feasible solution that yields minimally acceptable results, the satisficing strategy can involve taking a minimalistic approach. Satisficing reduces the range of options that are taken into account to obtain those objectives, eliminating alternatives that would necessitate more demanding, complicated, or impractical efforts in an effort to produce more ideal outcomes.

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4 0
1 year ago
Which of the following are examples of automatic stabilizers? Check all that apply. As corporate profits rise during an economic
hoa [83]

Answer:

As people earn higher incomes during an expansion, the progressive tax system requires them to pay higher average tax rates

Explanation:

Automatic stabilizers are stabilizers that adjust the economy automatically without the intervention of external agents . examples include progressive tax and transfer payments

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6 0
3 years ago
The three common types of checking accounts are basic, interest-bearing, and lifeline?
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Answer:

True

Explanation:

Quizlet: Name three common types of checking account? basic checking account, interest-banking checking account, and Lifeline checking accounts.

3 0
2 years ago
Consider the production department of a manufacturer of laptop computers. Classify the cost of the processor chips.
nikitadnepr [17]

Answer:

All the answers are correct.

Explanation:

The cost of the processor chips is a <em>direct cost</em> because it is the vital thing of any laptops. Without a processor, the laptop is nothing but a heartless product.

The cost is <em>variable</em> because the price of a processor varies as there are various processors in the computer market.

The cost is a <em>product cost</em> because it is directly related to manufacturing a laptop.

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3 years ago
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TEA [102]
I personally don’t know about answer is D
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2 years ago
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