Answer:
$45,000
Explanation:
Details Amount
Factory payroll in cash $180,000
Ration of Direct labor to Indirect Labor "3:1"
Total = 3 + 1 = 4
So, Indirect Labor = $180,000*1/4 = $45,000
The amount to be debited to Factory Overhead for indirect labor for this month $45,000
True??? i think but i may be wrong.
Answer:
There are a few number of things that a businessman should always keep in mind to make his business flourish in the near future. The more competitive a business person is, the easier and faster success he gets.
Explanation:
The list of points that a businessman should follow is as follows:
1. It is necessary to keep a track on your competitor's product value, or the selling price of the same. Keeping this thing in track helps you to determine or set your product's selling price so that the consumers don't find them to be too expensive or cheap.
2. You need to be enough self motivated so that a little loss doesn't make you lose your confidence.
3. It is always advised to discuss your business aspects with an experienced one to take the perfect decision at the right time.
4. Being self-aware is a must while running a business. Don't trust anyone blindly. In case if your rivals are trying to make you lagging behind, you need to use your creative business mind to deal your customers.
5. Prioritizing the customer's needs and maintaining the quality is utmost important.
In this scenario, Sally is involved in "environmental scanning."
Environmental scanning is a procedure that deliberately reviews and translates applicable information to recognize external chances and dangers. An association assembles data about the external world, its rivals and itself. The organization should then react to the data accumulated by changing its systems and plans when the need emerges.
The environmental scanning process encompasses a few stages. The initial step is for a business to assemble data about the world in which it works, including data about the economy, government, laws and statistic factors, for example, populace size and dispersion.
Answer:
$11.49
Explanation:
The computation of cost per equivalent unit for materials for the month in the first processing department is shown below:-
Equivalent units for materials
= Units completed and transferred out + Units in ending inventory
(6,600 × 100%) + ((800 + 7,700 - 6,600) × 70%)
= 6,600 + $1,330
= 7,930 units
Cost per equivalent unit for materials
= (5,800 + $85,300) ÷ 7,930
= $11.49