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SIZIF [17.4K]
3 years ago
10

Compute the total manufacturing cost for a manufacturer with the following information for the month. Raw materials purchased $

43,200 Direct materials used 58,250 Direct labor used 14,000 Factory supervisor salary 8,800 Salesperson commissions 6,000 Depreciation expense—Factory building 3,700 Depreciation expense—Delivery equipment 3,400 Indirect materials 1,800
Business
1 answer:
Galina-37 [17]3 years ago
6 0

Answer:

Cost of good manufactured=  $86550

Explanation:

To calculate the cost of manufactured goods we need to use the following formula:

Cost of good manufactured= Beginning work in progress+ direct materials of the period + direct labor + manufactured overhead - ending work in progress

Beginning work in progress= 0

Direct materials = beginning inventory + purchase - ending inventory= 58250

Direct labor= 14000

Manufactured overhead=Factory supervisor salary + Depreciation expense Factory building + Indirect materials= 8800 + 3700 + 1800= 14300

Ending work in progress= 0

Cost of good manufactured= 58250 + 14000 + 14300= $86550

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. There is an 80% probability that Tom will be in good health during the year and incur only $200 in medical expenses, but there
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Answer:

The  Actuarially Fair Premium that Tom have to pay for hid Health Insurance is $4,160

Explanation:

To compute the amount that Tom have to pay for Health Insurance is;

Actuarially Fair Premium = (Probability of actuality ill × Payments incurred) + (Probability of not actuality ill × Payments incurred)

Actuarially Fair Premium = (20% x $20,000) + (80% x $200)

Actuarially Fair Premium = $4,000 + $160

Actuarially Fair Premium  = $4,160

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3 years ago
Under a contractionary taxation policy, the government can reduce the deficit by
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Answer:

c

Explanation:

not sure but I tried may best tho

7 0
3 years ago
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7. Problems and Applications Q7 Your cousin Vinnie owns a painting company with fixed costs of $200 and the following schedule f
In-s [12.5K]

Answer:

4 houses per month.

Explanation:

Note: See the attached file for the calculation.

Efficient scale of production is can be described as the number of units of production where average total cost (ATC) of production is lowest.

From the attached file, the ATC of $70 is the lowest at 4 houses per month and 4 houses per month is therefore the efficient scale.

Download xlsx
4 0
3 years ago
In considering channels and logistics, what is the definition of intermodal transportation? Group of answer choices Combining tw
Taya2010 [7]

Answer:

Inter-modal transportation: Combining two or more modes of transportation

Explanation:

Logistics is the movement and coordination of resources such as food, liquids, materials, inventory, people and equipment from one location (origin) to another (destination). Intermodal transportation is used in logistics to transport a shipment from the shipper to the consignee. There are 3 methods of transportation:

  1. Ocean transportation e.g. ships
  2. Land transportation e.g. trucks, trains
  3. Air transportation e.g. flights

When any resource is transported by use of any two or more of these modes, it is known as intermodal transportation. For example, a container of clothing might be transported from Tokyo, Japan to New York, USA.

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Japan factory to Japan Harbor: Train

Japan Harbor to USA Harbor: Ship

USA Harbor to warehouse in USA: Flight

Warehouse to shopping mall: Truck

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2 years ago
starlight creations is beginning to prepare for what they expect will be a grand exit (many people retiring) in the next five ye
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Starlight creations can build a pipeline of leadership talent by providing leadership coaching.

  • Starlight Creations may fill the void created when most high management leaves in five years by "offering leadership mentoring" to younger employees (particularly in middle management) inside the firm.
  • The leadership training will prepare younger staff for top management roles while also saving the organization money on hiring external professionals to replace empty jobs.
  • Leadership coaching is the deliberate process of improving individuals' abilities and competences so that they can work more successfully with others. Leadership development frequently focuses on effective communication skills, corporate coaching, and understanding the influence of various leadership styles. Coaches create a beneficial interaction that reveals the leader's hidden assets and faults.

Thus this is the meaning of leadership coaching.

Refer here to learn more about leadership coaching: brainly.com/question/13956838

#SPJ4

4 0
9 months ago
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