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Fudgin [204]
3 years ago
14

Francum Company has the following data: direct labor $245,000, direct materials used $198,000, total manufacturing overhead $218

,000, and beginning work in process $30,000. Compute total manufacturing costs. Total manufacturing costs
Business
1 answer:
vodka [1.7K]3 years ago
6 0

Answer:

$661,000

Explanation:

Given the above information, Total manufacturing cost is computed as;

= Direct materials used + Direct labor + Total manufacturing overhead

Given that;

Direct materials = $198,000

Direct labor = $245,000

Total manufacturing overhead = $218,000

Then,

Total manufacturing cost

= $198,000 + $245,000 + $218,000

= $661,000

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Answer:

$15 per backpack

Explanation:

The  average variable cost per of producing a backpack by using the high low method is shown below:

Variable cost per backpack = (High total cost - low total cost) ÷ (High backpack produced - low backpack produced )

= ($110,000- $87,500) ÷ (4,000 backpack produced   - 2,500 backpack produced  )

= $22,500 ÷ 1,500 backpack produced  

= $15 per backpack

6 0
4 years ago
question which function does the office of management and budget not perform? responses recommends changes in the budget recomme
Afina-wow [57]

<u>Option B.  </u><u>vetoes the budget,</u> and the office of management and budget does not perform.

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The Minister of Finance introduces the finances in Parliament. it's miles mentioned in committees, debated within the homes, and a vote is taken.  The budget range is an annual plan for what government desires to obtain and how it'll spend money to reap those desires.

A budget range is an economic file used to project destiny income and prices. to place it sincerely, a budget plans destiny saving and spending in addition to planned profits and expenses.

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7 0
1 year ago
For 2017, P Co. estimated its two-year equipment warranty costs based on $23 per unit sold in 2017. Experience during 2018 indic
goblinko [34]

Answer:

In 2018 income from continuing operations.

Explanation:

A variation in the accounting forecast impacts present and future periods and is not accounted for by repaying earlier periods. The adjustment in the warranty cost estimate is based on new information gained from experience which counts as an adjustment in the accounting estimate. The accounting change is part of continuing operations but is not recorded net of taxes.

Therefore first option is correct

5 0
3 years ago
Lamar is a salesperson for Bi-State Direct. He really appreciates the amount of freedom and authority Bi-State gives its sales p
ss7ja [257]

Answer:

D. Empowerment

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Empowerment is defined as "authority or power given to someone to do something" which in this case coincides with the freedom and authority given by Bi-state to its sales people.

A centralized management would control all decisions and only a handful of people would actually make them.

6 0
4 years ago
TRUE or FALSE
Alex17521 [72]

Answer:

1. True

2. True

3. True

4. False

5. True

Explanation:

3 0
3 years ago
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