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2 years ago

During the first month of operations, a manufacturer incurs the following costs related to activities within its factory:

Business

1 answer:

oksian1 [2.3K]2 years ago

3 0

Answer:

$68,000

Explanation:

The costs of goods sold ( COGS)is calculated as follows.

COGS = opening stock + Purchases - Closing stock

This was the first month of operation; hence there was opening stock.

The material used to produce 5000 units were

Direct materials $15,000 + Direct Labor $30,000 + Manufacturing overhead $40,000 = $85,000

The cost per units = $85,000 /5000 units

=$17 per units

4000 units were sold, the COGS

=$17 x 4000

=$68,000

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3 years ago

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Answer:

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Explanation:

The computation of the absorption costing net operating income last year is shown below:

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3 years ago

Which of the following investments has a higher present value, assuming the same (strictly positive) interest rate applies to

Sladkaya [172]

Answer:

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Explanation:

present value is the sum of disoucnted cashflows

i would choose an interest rate of 10% to calcuate the present values

for investment X

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Investment Y has a greater present value

To find the PV using a financial calculator:

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