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stiv31 [10]
3 years ago
8

Carr Manufacturing makes a product that incurs prime costs of $320,000. Production uses 1,000 setup hours and 1,900 machine hour

s. Activity rates are $75 per setup hour and $50 per machine hour. Carr's total product cost is: a.$95,000. b.$490,000. c.$320,000. d.$170,000.
Business
1 answer:
mafiozo [28]3 years ago
4 0

Answer:

b. $490,000

Explanation:

Total cost refers to the summation of all costs that is expended during production processes of certain products, which is made up of prime cost, overhead cost, etc.

Total cost = Prime cost + Overhead cost

Where,

Overhead cost = Setup [1,000 × $75 per setup] $75,000 + Machine hours [1,900 × $50 per machine hour] $95,000

Overhead cost = $170,000

Prime cost = $320,000

Therefore,

Total cost = $320,000 + $170,000

Total cost = $49,000

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6 0
3 years ago
On June 1, Carla Vista Co. Ltd. borrows $108,000 from Acme Bank on a 6-month, $108,000, 4% note. The note matures on December 1.
evablogger [386]

Answer:

a) Journal entry

Date        Account and explanation      Debit       Credit

June 1                Cash                             $108,000  

                    Notes payable                                      $108,000

b) Adjusting entry

Date        Account and explanation      Debit       Credit

June 30      Interest expense                    $360

                    (108,000*4%*1/12)

                   Interest payable                                    $360

c) Journal entry  

Date        Account and explanation      Debit       Credit

Dec 10        Notes payable                   $108,000  

                  Interest payable (360*6)      $2,160  

                        Cash                                                  $110,160

d)  Total (interest expenses)

Interest payable = $360 * 6

= $2160

5 0
3 years ago
What would be the best time for a person to buy a franchise?
VashaNatasha [74]
When your financially comfortable
3 0
3 years ago
Read 2 more answers
professionals who take onwership of their mistakes are said to have: A: a work ethic B: integrity C:dishonesty D:ingenuity
Gwar [14]
The correct answer is B. integrity
7 0
2 years ago
Glasis is a type of paint made specifically for use on cars. An ad in Motor Trend magazine advising consumers to request their a
kiruha [24]

Answer: (E) Pull strategy

Explanation:

The pull strategy is one of the type of the marketing technique or the strategy in which the customers are pulled towards the product by using this strategy.

We use various types of mass media and the advertising for promoting the products and the services. It is also known as one of the type of channel strategy.

The main goal of the pull strategy is that by using various promotional tool we attract the consumers or user to the product and the services which is provided by an organization.

Therefore, Option (E) is correct.  

3 0
3 years ago
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