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Liula [17]
3 years ago
10

Vega Enterprises has computed the following unit costs for the year just ended: Direct material used $12 Direct labor 18 Variabl

e manufacturing overhead 25 Fixed manufacturing overhead 29 Variable selling and administrative cost 10 Fixed selling and administrative cost 17 Under absorption costing, each unit of the company's inventory would be carried at: $84. None of the answers is correct. $35. $65. $55.
Business
1 answer:
andreev551 [17]3 years ago
7 0

Answer:

Unitary cost= $84

Explanation:

Giving the following information:

Direct material used $12

Direct labor 18

Variable manufacturing overhead 25

Fixed manufacturing overhead 29

<u>The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead. </u>

Unitary cost= 12 + 18 + 25 + 29

Unitary cost= $84

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On January 1, 2018,Gillock Climbing Academy instituted a defined benefit pension plan for its employees. The annual service cost
Ivan

Answer:

Find the answer below in explanation

Explanation:

Gillock Climbing Academy Pension Expense for the year 2019 will be recorded as

Service cost ............................................. 600,000.00

Interest (600000 × 10%)................................60,000.00

plan assets (40000 from 2018 + 32000 interest + 400000 made in current year)............... 832000

Expected return Interest on plan asset (832000*8%) ........................................ 66,560.00

Pension Expense for the year ended December 31, 2019 = 600000 -  (66,560.00 - 60000)

= 600,000−6,560

= $593,440.00

3 0
3 years ago
Which of the following occupations is among the 10 projected most rapidly declining U.S. occupations in terms of percentage decr
NemiM [27]

Answer:

Postal service mall sorters and processors is the correct answer for the following.

Explanation:

  • A postal worker would be someone who receives, philtres and handles mail and sells mail items.
  • These include such roles as postal hoppers and agents, mail carriers, developers, and assembly line workers.
  • Workers at the Postal Service collect and prepare mail for shipment to homes, companies and boxes at the post office.

Therefor, the Postal service is the correct answer.

6 0
3 years ago
Georgina is the owner of a company called piquant (which means having a pleasantly sharp taste or appetizing flavor). she was lo
Genrish500 [490]
The answer is "open innovation".

It is because that organizations have found that with a specific end goal to create enough helpful new item thoughts, they have to make utilization of open advancements by which an association creates key connections to outside individual or association keeping in mind the end goal to make new item thoughts. Open innovation is a term used to advance a data age outlook toward advancement that runs counter to the mystery and storehouse mindset of conventional corporate research labs.
5 0
3 years ago
Bassett Fruit Farm expects its EBIT to be $373,000 a year forever. Currently, the firm has no debt. The cost of equity is 13.2 p
julia-pushkina [17]

Answer:

The correct answer is $1,836,742.42.

Explanation:

According to the scenario, the given data are as follows:

EBIT = $373,000

Cost of equity = 13.2%

Tax rate = 35%

So, we can calculate the unlevered value of the firm by using following formula:

Unlevered value of the firm = EBIT × (1 - TAX RATE) ÷ COST OF EQUITY

By putting the value, we get

Unlevered value of the firm = $373,000 × ( 1 - 35%) ÷ 13.2%

= $373,000 × 0.65 ÷ 0.132

= $242,450 ÷ 0.132

= $1,836,742.42

6 0
3 years ago
Consider the economies of Sporon and Tralfamadore, both of which produce glops of gloop using only tools and workers. Suppose th
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6448384848383383 what is this

8 0
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