2 The link that distributes a product from a supplier to the consumer is afn)

Relatively unknown events are best marketed through

nydimaria [60]

Personalized marketing

5 0

4 years ago

Woh Che Co. has four departments: Materials, Personnel, Manufacturing, and Packaging. In a recent month, the four departments in

spin [16.1K]

1. The allocation of the three indirect expenses across the four departments of Woh Checo is as follows:

Supervision Expense:

Basis = Number of Employees

Materials = $14,850 ($82,500 x 27/150)

Personnel = $4,950 ($82,500 x 9/150)

Manufacturing = $34,650 ($82,500 x 63/150)

Packaging = $28,050 ($82,500 x 51/150)

Utilities Expense:

Basis = Square Feet

Materials = $12,500 ($50,000 x 25,000/100,000)

Personnel = $2,500 ($50,000 x 5,000/100,000)

Manufacturing = $27,500 ($50,000 x 55,000/100,000)

Packaging = $7,500 ($50,000 x 15,000/100,000)

Insurance Expense:

Basis = Assets Value

Materials = $2,250 ($22,500 x 6,000/$60,000)

Personnel = $450 ($22,500 x 1,200/$60,000)

Manufacturing = $14,175 ($22,500 x 37,800/$60,000)

Packaging = $5,625 ($22,500 x 15,000/$60,000)

2. The summary table to report the assignment of the indirect expenses to the four departments is as follows:

Allocation of Indirect Expenses to the Departments:

Total Materials Personnel Manufacturing Packaging

Supervision $82,500 $14,850 $4,950 $34,650 $28,050

Utilities 50,000 12,500 2,500 27,500 7,500

Insurance 22,500 2,250 450 14,175 5,625

Total $ 155,000 $29,600 $7,900 $76,325 $41,175

Data and Calculations:

Indirect Expense Cost Allocation Base

Supervision $ 82,500 Number of employees

Utilities 50,000 Square feet occupied

Insurance 22,500 Value of assets in use

Total $ 155,000

Department Employees Square Feet Asset Values

Materials 27 25,000 $ 6,000

Personnel 9 5,000 1,200

Manufacturing 63 55,000 37,800

Packaging 51 15,000 15,000

Total 150 100,000 $ 60,000

Learn more: brainly.com/question/18296731

7 0

3 years ago

For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold; and th

Serhud [2]

Answer:

1. Property taxes, factory - Fixed cost and an indirect manufacturing cost

2. Boxes used for packaging detergent produced by the company - Variable and direct manufacturing cost.

3. Salespersons' commissions - Variable and selling cost.

4. Supervisor's salary, factory - Fixed and Indirect manufacturing cost.

5. Depreciation, executive autos. - Fixed and administrative cost.

6. Wages of workers assembling computers - Variable and direct manufacturing cost.

7. Insurance, finished goods warehouses - Fixed and Selling cost.

8. Lubricants for production equipment. - Variable and indirect manufacturing cost.

9. Advertising costs - Fixed and Selling cost.

10. Microchips used in producing calculators. - Variable and direct manufacturing cost.

11 Shipping costs on merchandise sold - Variable and Selling cost.

12. Magazine subscriptions, factory lunchroom - Fixed and administrative cost.

Explanation:

The cost which is affected by the production of units is known as variable cost. The cost which does not vary with the units produced is fixed cost.

The costs which are related to selling and storage of the finished goods is selling cost.

The cost which is not affected by units produced and is related to office premises and controlling an organization is administrative cost.

The cost which is associated with the production of units and is incurred to convert raw material into finished goods is manufacturing cost.

The manufacturing cost which is directly affected by the units produced is direct cost and the manufacturing cost which is not affected by the units produced is indirect cost .

8 0

4 years ago

Jordan paid $682 for 124 cupcakes that each cost the same amount. Find the price of one cupcake.

weeeeeb [17]

Answer:

Your answer is 5.5

Hope it helps

3 0

4 years ago

At January 1, 2021, Brainard Industries, Inc., owed Second BancCorp $12 million under a 10% note due December 31, 2023. Interest

vlabodo [156]

Answer:

a. Forgive the interest accrued for the year just ended (2020)

January 1, 2021, unpaid interest is forgiven by bank

Dr Interest payable 1,200,000

Cr Gain on troubled debt restructuring 1,200,000

b. Reduce the remaining two years’ interest payments to $1 million each and delay the first payment until December 31, 2022.

Even though the interest payments decrease from $11,000,000 x 10% = $1,100,000 to $1,000,000 (which results in $100,000 savings per year), no journal entry is necessary to record these savings.

But we must record accrued interests and their payment:

December 31, 2021, accrued interests on restructured bank loan

Dr Interest expense 1,000,000

Cr Interest payable 1,000,000

December 31, 2022, interests paid to the bank

Dr Interest payable 1,000,000

Dr Interest expense 1,000,000

Cr Cash 2,000,000

December 31, 2023, note payable plus interests repaid to the bank

Dr Notes payable 11,000,000

Dr Interest expense 1,100,000

Cr Cash 12,100,000

Since the interest charged by the bank was reduced to $1 million for two years, it covered interest expense from 2021 and 2022, therefore, the interest charged during 2023 should be the normal interest rate = $11,000,000 x 10% = $1,100,000

c. Reduce the unpaid principal amount to $11 million.

January 1, 2021, unpaid principal amount reduced by $1 million

Dr Notes payable 1,000,000

Cr Gain on troubled debt restructuring 1,000,000

7 0

3 years ago