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Nana76 [90]
2 years ago
10

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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<h3>What is the computation justifying the above?</h3>

Given:

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Total 401 K deduction thus, =

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Full Question:

You make $10.25 per hour. You have 71/2% of your total pay taken out of your check for your 401K retirement plan. How much will be taken out for your 401K if you work 47 hours this week? You get paid time-and-a-half for all hours over 40.

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2 years ago
Generally, filmmakers want movie titles that are short, memorable, appealing to consumers, and without legal restrictions. These
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Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for
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40 pounds would be the average inventory

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Total Order quantity= 80 pounds

Average inventory level = Order quantity / 2

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Suppose a professional basketball game is to be played at a suburban arena, which increases demand for parking on the night of t
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A. the supply of parking will be more elastic and the price of parking will increase by a relatively large amount the night of the game.

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3 years ago
On December 10, you receive your bank statement showing a balance of $2,979.94. Your checkbook shows a balance of $2,778.88. Out
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Answer:

See below

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