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3 years ago

Which of the following is NOT a liability?

Business

1 answer:

stiks02 [169]3 years ago

7 0

Answer:

C. Capital

Explanation:

This is not an overhead cost, cmon Zack you know this.

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Largo Company has unit costs of $10 for materials and $30 for conversion costs. If there are 2,500 units in ending work in proce

SpyIntel [72]

Answer:

$55,000

Explanation:

Calculation for the total cost assignable to the ending work in process inventory

First step is to calculate the ending Materials Cost:

Ending Materials Cost = [(2,500 units × $10]

Ending Materials Cost = $25,000

Second Step is to calculate the ending Conversion Cost:

Ending Conversion Cost = [(2,500 units × 40%) × $30]

Ending Conversion Cost = [(1,000) × $30]

Ending Conversion Cost = $30,000

Last step is to calculate the total cost assignable to the Ending work in process inventory cost using this formula

Ending work in process inventory cost = Ending Materials Cost + Ending Conversion Cost

Let plug in the formula

Ending work in process inventory cost = $25,000 + $30,000

Ending work in process inventory cost = $55,000

Therefore the total cost assignable to the ending work in process inventory is $55,000

3 0

3 years ago

Management at the Flagstaff Company currently sells its products for $250 per unit and is contemplating a 40% increase in the se

elena-s [515]

Answer:

393 units will need to be sold to breakeven

Explanation:

Break even point is the point where a Company makes neither makes a profit nor a loss.

Step 1 : Calculate new variables

New Sales = $250 x 1.40 = $350

Variable Costs = $250 x 30 % = $75

New Fixed Costs = $120,000 x 90 % = $108,000

Step 2 : Break even (units)

Break even (units) = Fixed Costs ÷ Contribution per unit

= $108,000 ÷ ($350 - $75)

= 393 units

Thus, 393 units will need to be sold to breakeven

8 0

3 years ago

When airbnb customers in malibu start paying hotel taxes, this will have the potential to raise the equilibrium price in this ma

Natali [406]

When airbnb customers in malibu start paying hotel taxes, this will have the potential to raise the equilibrium price in this market and, therefore, decrease efficiency. The equilibrium price refers to the market price when the quantity of goods and services supplied is equal to the demand of the goods and services. If equilibrium price rises, efficiency decreases due to the market not being equal with the supply and demand of items.

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3 years ago

WILL GIVE BRAINLIEST A business owner is aware that the Department of Labor has created rules that require overtime pay for empl

slega [8]

The correct answer is: A.)

5 0

3 years ago

What is the difference between asset management and wealth management

ladessa [460]

Answer:

here is ur answer

Explanation:

wealth management comes down to what services you need. Asset management is about choosing and managing investments. Wealth management, on the other hand, looks more broadly at a person's financial life and portfolio. Some financial advisors do both, allowing you to hire just one person for the job.

8 0

2 years ago