People a rude just putting in random letters like “e”
Based on the number of bikes produced and the costs incurred, the cost per bike would be<u> $85 per bike. </u>
First find the total cost of producing all the bikes.
<h3>Total cost of production </h3>
= Direct materials + Direct labor + Factory overhead
= 6,000 + 2,000 + 9,000
= $17,000
<h3>What is the cost per Bike?</h3>
= Total cost of production / Number of bikes
= 17,000 / 200
= 85 bikes
In conclusion, it was $85 per bike.
Find out more on cost per unit at brainly.com/question/23700866.
Proration occurs because it is impossible to accurately estimate the future overhead costs and production activity; it is either the overhead is over applied or under applied. The variance will have to be adjusted for at the end of the financial year.
Answer:
400 and yaaaaaaaaaaaaaaa lets
Explanation:
Answer:
c. Credit to Dividends for $440.
Explanation:
The second closing entry is
Retained earnings $440
To Dividend $440
(being the dividend account is closed)
Here the retained earnings is debited as it decreased the stockholder equity and the dividend is credited as it is closed
Also the first closing entry represent the closing of revenues and expenses
Therefore the option c is correct