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3 years ago

Presented below is pension information for Company Y for 2021.

Business

1 answer:

iren [92.7K]3 years ago

3 0

Answer:

The Amount of pension expense is $195,000

Explanation:

The computation of the amount of pension expenses reported is shown below:

Service cost $150,000

Interest on projected benefit obligation 63,000

Amortization of prior service $54,000

Less: Expected return on plan assets -$72,000

The Amount of pension expense is $195,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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Wooten & McMahon Enterprises produces a product with the following per-unit costs: Direct materials $13.00 Direct labor 8.80

vichka [17]

Answer:

COGS= $31,597.5

Explanation:

Giving the following information:

Direct materials $13.00

Direct labor 8.80

Manufacturing overhead 16.50

Last year, Wooten & McMahon Enterprises produced and sold 825 units

First, we need to calculate the cost of goods manufactured:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 0 + 13 + 8.8 + 16.5 - 0= $38.3

Total cost of goods manufactured= 825*38.3= $31,597.5

Now, we can calculate the cost of goods sold:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 0 + 31,597.5 - 0= $31,597.5

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3 years ago

You must place a child in an approved child seat if the child is __________

katovenus [111]

<span>You must place a child in an approved child seat if the child is A. three years of age and under.
If the child is really young, then it has to sit in an approved child seat in a car, because if has to be protected from any harm while you are driving. Older kids, who can more or less protect themselves if something bad happens don't have to sit in these seats, however, they have to wear a seatbelt.
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3 years ago

What is the incremental manufacturing cost incurred if the company increases production from 20,000 to 20,001 units? 2. What is

sergiy2304 [10]

Answer:Answer:

ik it is it is

Explanation:

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Explanation:

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Explanation:

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Explanation:

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4 0

2 years ago

For the coming year, Belton Company estimates fixed costs of $60,000, the unit variable cost of $25, and the unit selling price

NeTakaya

Answer:

1. Break even point in units = 2,400 units

2. Sales required = 6,400 units

3. Operating income = $140,000

Explanation:

Given:

Fixed costs = $60,000

Variable cost =$25 per unit

Selling price = $50 per unit

Computation:

1. Break-even point in units of sales.

Contribution per unit = sales - VC

Contribution per unit = $50 - $25

Contribution per unit = $25

Break even point in units = Fixed costs / Contribution per unit

Break even point in units = $60,000 / $25

Break even point in units = 2400 units

2. Unit sales required to realize operating income = $100,000

Sales required = (Fixed costs + Operating income) / Contribution per unit

Sales required = ($60,000 + $100,000) / $25

Sales required = 6400 units

3. Operating income if sales total = $400,000

Contribution margin = [$25/ $50]100 = 50%

Operating income = Contribution margin - Fixed costs

Operating income = ($400,000 × 50%) - $60,000

Operating income = $140,000

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3 years ago

Ocean crossed during the middle passage

gizmo_the_mogwai [7]

The Atlantic ocean was crosses during The Middle Passage. :3

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3 years ago