Answer:
total manufacturing cost = $60800
Explanation:
given data
Direct materials used = $24,000
Direct labor = $36,800
Sales salaries = $19,200
Indirect labor = $4,800
Production manager's salary = $9,600
Marketing costs = $14,400
Factory lease = $6,400
solution
we get here total manufacturing cost that is express as
total manufacturing cost = Direct Material + Direct Labor ..............1
put here value and we get
total manufacturing cost = $24000 + $36800
total manufacturing cost = $60800
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Answer:
sunk cost
Explanation:
Sunk cost is cost that has already been incurred and it cannot be recovered. When making future decisions, sunk cost should not be considered.
The money i paid for the ticket is the sunk cost. I should not consider this cost when making the decision of whether to for the concert or not to
The cash surrender value<span> is the sum of money an insurance company pays to the policyholder or annuity holder in the event his </span>policy<span> is voluntarily terminated before</span>its<span> maturity or the insured event occurs.</span>
Answer:
b. Liabilities assumed, at book value.
Explanation:
International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS) require everything (Assets, Liabilities and Non-controlling interest) to be measured at the fair market value, the amount a third-party would pay on the open market, at the time of acquisition — the date that the acquirer took control of the target company.
