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dimulka [17.4K]
3 years ago
10

If we are covering labor and overhead costs of an item in a Managerial Accounting course, we are referring to which concepts?

Business
1 answer:
Umnica [9.8K]3 years ago
6 0

Answer: D. Manufacturing cost

Explanation:

Manufacturing costs include all costs related to the production of a good. This includes direct costs such as direct labor and material and also manufacturing overheads such as assembly line manager salary.

When talking about both labor and overhead costs in relation to a good in managerial accounting, the relevant concept is therefore manufacturing costs as it envelops the two terms.

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Which is a simple way of describing cost-benefit analysis?
julia-pushkina [17]
The CBA (sometimes called BCA) is when a company SUMS up the benefits of a business related action and then the costs associated with that action are subtracted.
7 0
3 years ago
A hospital revenue bond issue is being underwritten on a negotiated basis. The offering consists of $100,000,000 par value of te
GenaCL600 [577]

Answer:

The syndicate member earns $20.

Explanation:

When bonds are sold directly to the public, the syndicate member earns the total takedown. Total takedown refers to the selling concession plus the additional takedown $22.00 + $20.00 = $42.00.

In this question, it indicated that a selling group was used to find customers. This means that the syndicate member will not earn the total takedown because he has given up his selling concession of $22.00 to the selling group member, leaving the syndicate member to earn only the additional takedown of $20.

3 0
3 years ago
A __________ inventory system is a small, wheeled container used in a just-in-time inventory system to move component parts from
STatiana [176]

Answer:

Kanban inventory system

Explanation:

Kanban inventory system -

It refers to as the system , which make sure than the company's stores only the required components in the production or distribution process , is referred to as kanban inventory system .

The Kanban system enables to give indication for reordering or rearrange the stock  .

Hence , from the given information of the question ,

The correct answer is Kanban inventory system .

7 0
3 years ago
Buyer Bill will receive a utilities bill for an estimated $300 at the end of the month. At closing, the seller has used an estim
liraira [26]

Answer:

b) a debit to the seller and credit to the buyer for $100

Explanation:

The portion of the utilities bill consumed by the seller is not to be borne by buyer Bill, he cannot be made to pay for what he did not consume, the correct treatment is for seller to bear the $100 consumed by him by way of the following entries

Debit  The seller $100

Credit  Buyer bill $100

This is in the spirit of fairness to both Buyer Bill and Seller.  

5 0
3 years ago
Future value: Ning Gao is planning to buy a house in five years. She is looking to invest $25,000 today in an index mutual fund
Gemiola [76]

Answer:

$44,059

Explanation:

The formula and the computation of the future value is shown below:

Future value = Present value × (1 + interest rate)^number of years  

= $25,000 × (1 + 0.12)^65

= $25,000 × 1.7623416832

= $44,059

By applying the future value formula, we calculated the future value by considering the present value, interest rate, and the time period

6 0
3 years ago
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