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Dafna11 [192]
3 years ago
11

Factor Weight A B C

Business
1 answer:
nexus9112 [7]3 years ago
5 0

Answer and Explanation:

The composite score for each location is as follows;

The Composite score for Location A is

= 85 × 0.15 + 70 × 0.2 + 87 × 0.18  + 0.27 × 95 + 86 × 0.1 + 88 × 0.1

= 85.7

= 86

The Composite score for Location B is

= 85 × 0.15 + 91 × 0.2 + 97 × 0.18 + 90 × 0.27 + 90 × 0.1 + 0.1 ×92

= 90.91

= 91

The Composite score for Location C is

= 82 × 0.15 + 91 × 0.2 + 90 × 0.18 + 92 × 0.27 + 97 × 0.1 + 0.1 ×84

= 89.64

= 90

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Statement of Cost of Goods Manufactured for a Manufacturing Company
natka813 [3]

Answer:

a. Cost of goods manufactured statement for January.

Work in process inventory, January 1                                  $ 135,240

Direct materials:

Materials inventory, January 1                     $ 196,000

Purchases                                                      $376,320

Cost of materials available for use             $ 572,320

Materials inventory, January 31                   ($176,400)

Cost of direct materials used in production                      $ 395,920

Direct labor                                                                           $352,800

Factory overhead:

Indirect labor                                                  $ 37,630

Machinery depreciation                                 $22,740

Heat, light, and power                                      $7,840

Supplies                                                            $6,270

Property taxes                                                  $5,490

Miscellaneous costs                                        $10,190

Total factory overhead                                                           $90,160

Total manufacturing costs incurred during January          $442,950

Total manufacturing costs                                                  $ 442,950

Work in process inventory, January 31                               ($121,720)

Cost of goods manufactured                                             $456,470

b. Determine the cost of goods sold for January.

Beginning Finished goods Inventory                                  $99,960

Add Cost of goods manufactured                                     $456,470

Less Ending Finished goods Inventory                              ($118,190)

Cost of goods sold                                                              $438,240

Explanation:

The Costs of Goods Manufactured is obtained from preparing a manufacturing cost schedule. This is an accumulation of all manufacturing costs.

The cost of goods sold is obtained by preparing Finished Goods Account or schedule as above.

5 0
3 years ago
Jjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjj
galben [10]
Jjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjj
8 0
3 years ago
In long-run equilibrium, a purely competitive firm will operate where price is:
Anvisha [2.4K]

Answer:

D. equal to MR, MC, and minimum ATC.

Explanation:

Long run equilibrium is the equilibrium of a perfect competitive market occurs, when there is the Marginal Revenue  is equal to the marginal cost and  average total cost of the company product. It is the sum of all the market short run supply curve's series. So the correct option is D. equal to MR, MC, and minimum ATC.

4 0
3 years ago
On January 15, the end of the first pay period of the year, North Company’s employees earned $26,000 of sales salaries. Withhold
Contact [7]

Answer: Please see the  explanation column

Explanation:

Journal entry to record North Company’s salaries expense and related liabilities.

Date            Particulars                        Debit                 Credit

Jan, 15 Sales salaries expense      $26,000

     To  FICA Social Security taxes

payable at 6.2%                                                                $1,612

     To FICA Medicare taxes

payable at 1.45%                                                                 $377

  To federal income taxes payable                                 $2,000

To employee medical insurance payable                           $429

To  employee union dues payable                                      $180

 Sales Salaries Payable                                                      $21.402

Working :

FICA Social Security taxes = 6.2% x $26,000 = $1,612

FICA Medicare taxes = 1.45% x 26,000 = $377

Salary payable =Sales salaries expense -(FICA Social Security taxes payable + FICA Medicare taxes payable + federal income taxes payable+medical insurance payable  +employee union dues payable  ) = 26,000 - (1612+377+2000+429+180)=$21,402.

6 0
3 years ago
During 20X0, Pard Corp. sold goods to its 80%-owned subsidiary, Seed Corp. At December 31, 20X0, one-half of these good were inc
wolverine [178]

Answer:

The amount to be repot is $1,450,000

Explanation:

in this question, we are asked to calculate the amount of selling expenses to be recorded in the company’s consolidated income statement for that year.

To answer this question, we employ a mathematical approach;

Mathematically;

Selling expenses = Total expenses - Contra Expenses

from the question, we identify that total expenses is (1,100,000 + 400,000) = $1,500,000

Contra expenses = $50,000

The selling expenses is thus; 1,500,000 - 50,000 = $1,450,000

4 0
3 years ago
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