Answer:
Units of Product XYZ must be produced during October are A) 1,400
Explanation:
Units of Product XYZ must be produced during October = Units of Product XYZ are sold during October + units of Product XYZ on hand October 31 - units of Product XYZ on hand October 1.
Gala Corporation has 300 units of Product XYZ on hand on October 1 and 500 units on hand October 31.
The company plans to sell 1,200 units of Product XYZ during October.
Units of Product XYZ must be produced during October = 1,200 + 500 - 300 = 1,400 units.
Answer: 89.5% or 0.895
Explanation:
Probability of you making it home if the flight is canceled:
= Probability that flight is canceled * probability that Walter has a seat
= 35% * 70%
= 24.5%
Probability of you making it home by flight:
= 100% - 35%
= 65%
Probability of you making it home for the holidays:
= Prob. if flight is canceled + Prob. by flight
= 24.5% + 65%
= 89.5%
Answer:
$7.50 per direct labor hour
Explanation:
Calculation for the predetermined overhead allocation rate
Using this formula
Predetermined overhead allocation rate = Factory overhead/Direct labor hours
Let plug in the formula
Predetermined overhead allocation rate = $1,500,000/200,000 hours
Predetermined overhead allocation rate = $7.50 per direct labor hour
Therefore the predetermined overhead allocation rate is $7.50 per direct labor hour
Answer:
c. $ 98,000
Explanation:
The cost of goods manufactured is determined by adding the total manufacturing cost and adjusting it for the difference in work in process balances.
Direct Materials Used $ 19,000
Direct Labor Used $ 24.500
Factory Overhead <u>$ 55.100</u>
Total manufacturing cost input $ 98,600
Add: Opening work in process $ 10.700
Less: Closing work in process <u>$ (11,300)</u>
Cost of goods manufactured <u>$ 98,000</u>
The answer is "$6.88".
Sales tax rate = 7.4%
price of shoes = $93
Tax paid for a pair of shoes = 7.4% x $93
=7.4/100 x 93
= 0.074 x 93
= 6.882
= $6.88
