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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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Vitale Hair Spray had sales of 27,000 units in March. A 60 percent increase is expected in April. The company will maintain 20 p
romanna [79]

Answer:

50,490 units

Explanation:

The computation of the number of units the company should produced is shown below:

= Expected sales units + ending inventory units - opening inventory units

where,

Opening inventory units is 1,350 units

Expected sales units is

= $27,000 + $27,000 × 60%

= $27,000 + $16,200

= 43,200 units

The ending inventory units is

= $43,200 × 20%

= 8,640 units

So, the units to be produced is

= 43,200 units + 8,640 units - 1,350 units

= 50,490 units

5 0
3 years ago
is a form of trading arrangement in which part or all of the payment for purchased goods or services is in the form of other goo
Elan Coil [88]

A countertrade is a form of trading arrangement in which part or all of the payment for purchased goods or services is in the form of other goods and services.

Barter transactions can be among non-public events, among a non-public party and a sovereign state,' or between sovereign international locations." The countertrade transaction includes a parallel set of duties in which the parties ever undertake to sell items or era to the other in separate however related transactions.

The not unusual function of counter-change preparations is that export income to a particular market is made conditional upon undertakings to simply accept imports from that marketplace. for instance, an exporter can also promote machinery to USA X in a situation where he accepts agricultural merchandise from X for a fee.

A countertrade approach targets temporary corrections in a trending security fee motion to profit. The method involves buying/promoting security that has skilled an impulsive bearish/bullish flow within the hopes that a corrective move higher/decrease will permit them to sell/buy it back at that better/lower fee.

Learn more about countertrade here brainly.com/question/20164312

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8 0
1 year ago
Why is it relevant that finance tends to attract large amounts of money? a. Money can be used for good or evil b. Finance attrac
SpyIntel [72]

Answer: c. Financial markets are a critical components of economic success

Explanation:

Economic success runs on companies and individuals being able to produce goods and services for the economy. To be able to do so they need capital to invest and most times they don't have that capital.

This is where Finance comes in. It connects people who do not have the capital but want to produce to those that have the capital but do not necessarily want to produce.

The huge amounts of money that finance attracts is channelled to those who need it. They then produce and the economy becomes successful.

6 0
3 years ago
Shawna has added up all her current expenditures and revenues and developed a plan for what she wants to do with all of her cash
jeka57 [31]

Answer:

Shawna needs to consult with a financial advisor to make sure she has not missed any details.

5 0
3 years ago
Jack and Jill have a tenancy in common in an apartment building. After ten years of ownership, Jill dies unexpectedly. On Jill's
Basile [38]
<h2>Jill's interest in the property will: <u>Pass to Jill's heirs </u>(Option B)</h2>

Explanation:

Let us understand the meaning of tenancy: It is the "possession of any property which might be land or building and get connected as tenant".

In contrast, ownership means the property belongs that person alone or in partnership.

Understanding the above terms, We can say, Jack and Jill have been a tenant and after ten years, Jill dies. So the rest of the interest in the property will definitely go to his heirs only.

It cannot be passed to Jack because Jill's interest will not be paid by other person except for Jill's heirs. Jack heirs are no way responsible or own the property of Jack.

7 0
3 years ago
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