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Jobisdone [24]
3 years ago
12

Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses

for the month: Direct materials $88,000 Direct labor $44,500 Variable manufacturing overhead$22,600 Fixed manufacturing overhead 33,700 Total manufacturing overhead $56,300 Variable selling expense$15,800 Fixed selling expense 25,600 Total selling expense $41,400 Variable administrative expense$5,900 Fixed administrative expense 28,800 Total administrative expense $34,700 Required: 1. With respect to cost classifications for preparing financial statements: a. What is the total product cost
Business
1 answer:
harkovskaia [24]3 years ago
4 0

Answer:

the total product cost is $188,800

Explanation:

The computation of the total product cost is given below:

= Direct material + direct labor + Total manufacturing overhead

= $88,000 + $44,500 + $56,300

= $188,800

Hence, the total product cost is $188,800

We simply added the above 3 items to determine the total product cost

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Most codes of ethics created by professional organizations have two main parts:________
Sveta_85 [38]

The correct answer is true.

It is completely true that most codes of ethics created by professional organizations have two main parts. One part outlines what the professional organization aspires to become, and the other part lists rules and principles by which members of the organization are expected to abide.

The code of ethics is an obligated set of ethic statements that serves one purpose in the Organization: that every member of the company follows the code directions and applies moral values in every decision-making process to have an honest company that maintains its reputation in the business and that public opinion can never question its procedures and decisions.

4 0
3 years ago
American Bakeries had a fleet of over 3,000 delivery trucks. Because of the increasing cost of gasoline, the company was interes
Lisa [10]

Answer:

American bakeries will win

Explanation:

In the given case the American bakeries will win.

It is given in the question that the contract between the American Bakeries and the Empire is a requirement contract.

The requirement contract not necessarily means that the two parties will have the trade.

Therefore,

The American Bakeries does not require any purchase from the Empire

3 0
3 years ago
Calculate the monthly payment for a 5-year car loan of $23,570 at 10. 43% interest, compounded monthly. A. $247. 44 b. $337. 56
Phoenix [80]

The monthly payment for this car loan is equal to: D. $505. 79.

<u>Given the following data:</u>

  • Time = 5 years
  • Principal = $23,570
  • Interest rate = 10.43%

To calculate the monthly payment for this car loan:

Mathematically, the monthly payment on a loan is given by this formula:

M = \frac{P(\frac{r}{12})(1 \;+\; \frac{r}{12})^{12t}}{(1 \;+ \; \frac{r}{12})^{12t} -1}

<u>Where:</u>

  • P is the principal or amount borrowed.
  • r is the interest rate.
  • M is the monthly payment.
  • t is the number of years.

Substituting the given parameters into the formula, we have;

M = \frac{23570(\frac{0.1043}{12})(1 \;+\; \frac{0.1043}{12})^{12 \times 5}}{(1 \;+\; \frac{0.1043}{12})^{12 \times 5}\; -\;1}\\\\M = \frac{23570(0.008692)(1 \;+\; 0.008692)^{60}}{(1 \;+\; 0.008692)^{60}\; -\;1}\\\\M = \frac{23570(0.008692)(1.008692)^{60}}{(1.008692)^{60}\; -\;1}\\\\M = \frac{23570(0.008692)(1.6808)}{1.6808\; -\;1}\\\\M = \frac{344.34}{0.6808}

Monthly payment, M = $505.79

Read more: brainly.com/question/16992474

4 0
2 years ago
Choose the behaviors that are exhibited by someone who is using critical thinking.
pshichka [43]

Answer:

b c d f

Explanation:

i just did it <3

6 0
3 years ago
Household​ production, such as baking bread at​ home, is not included in gdp because it.
Darina [25.2K]

Household​ production, such as baking bread at​ home, is not included in GDP because it <u>does not involve a market transaction.</u>

<u></u>

<h3><u>What exactly is a market transaction?</u></h3>

The trading of commodities and services on a market. When calculating gross domestic product, the set of market transactions that take place in the economy is crucial (GDP). Market transactions offer the fundamental information that the Bureau of Economic Analysis' number crunchers use to start estimating GDP.

These number crunchers' objective is to assess economic production rather than merely market transactions. As a result, they boost economic production while removing those market transactions that do not entail it.

Learn more about GDP with the help of the given link:

brainly.com/question/16931817

#SPJ4

6 0
2 years ago
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