1. The missing amounts should be determined in the following manner:
On Company A. Materials inventory December 1 Materials inventory December 31-+Materi also purchased -Cost of direct materials
Off Company Total manufacturing costs incurred in December -Direct labor Cost of direct materials used in production -Factory
2. On Company's statement of goods manufactured should be prepared as follows:
On Company Statement of Goods Manufactured For the Month of December 2016 Materials inventory December 1 Add: Purchases Total
3. On Company's income statement should be prepared as follows:
On Company Income Statement For the Month of December 2016 Sales 1,127,000 827.400 299,600 Less: Operating expenses 117,600.
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Answer:
The answer is B. $45.00 per hour; $120.00 per hour
Explanation:
highminusoutput
Fixed costs 400000/16000= $25
variable costs 320000/16000= $20
Total <u>=$45</u>
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lowminusoutput
Fixed costs 400000/4000 = $100
variable costs 80000/4000 = $20
Total =<u>$120</u>
Answer:
D) $2,622
Explanation:
Daily costs
= ($8/meal x 3 meals/day x 2 people) + $45 + $190 + $25) = $308 daily costs
Total costs
= ($400 x 2) + 90 + 500 + (308 x 4 days)
Hence:
Total costs = 800 + 90 + 500 + 1,232
= $2,622
Answer:
-$2,400
Explanation:
1,200 shares price per share is $57.
So, the total amount:
= $57 × 1,200
= $68,400
Value of trade if offer is accepted = $60 per share
Total share issued in offer is 1,100
Therefore total value = 1,100 × $60 per share
= $66,000
So, the net value of trade:
= $66,000 - $68,400
= -$2,400
Answer: Simple Interest earned during 10 years = 25000 * 7% * 10
=(250*7*10)
= 17500
<em>Total Value of investment </em>= 17500 + 25000 = 42500
Explanation:
(1) For finding <em>the total value of the investment in 10 years, </em>we have to first compute the simple interest earned for 10 years i.e. the investment time period.The formula of calculating Simple Interest is as follows-
Value Invested * Interest Rate * Time period of investment
Applying the simple interest formula we will get the value of simple interest as shown in the answer above.
(2) Lastly, we have to add Value invested in the beginning and the Simple Interest earned during the 10 years for finding <em>the total value of the investment in 10 years </em>i.e.
<em>Total Value of investment = Value invested in the beginning + Simple Interest Earned during the investment period (10 years in this case)</em>
