1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SOVA2 [1]
2 years ago
15

Cheyenne Corp. incurred the following costs while manufacturing its product.

Business
1 answer:
weeeeeb [17]2 years ago
5 0

Answer:

$347,400

Explanation:

Cost of goods manufactured = Material used in product + Labor costs of assembly line workers + Factory overheads (ie Depreciation on plant+ Property taxes on plant + Factory supplies used) + Opening WIP - Closing WIP

Cost of goods manufactured = $129,100 + $111,300 + $64,600 + $16,000 + $28,700 + $14,500 - $16,800

Cost of goods manufactured = $347,400

You might be interested in
A new project would require an immediate increase in raw materials in the amount $6,000. The firm expects that accounts payable
Monica [59]

Answer:

<em>The project will increase the net working capital of the firm by $4000</em>

Explanation:

Net working capital measure how fast a company can convert its asset to cash, the networking capital can be obtained with the expression below;

net working capital (NWC) = current assets - current liabilities

Current asset = Increase in raw materials = $6,000

Current liabilities  = accounts payable increase =  $2,000

NWC= Increase in raw materials-increase in accounts payable

          =$6,000 -$2,000

           =$4000

Therefore this project will increase the net working capital of the firm by $4000

3 0
3 years ago
According to the classical economists, if the quantity of money that people wanted to save was greater than the amount that peop
boyakko [2]

Answer:

The correct answer that fills the gap is: Fall.

Explanation:

The paradox of saving or paradox of frugality or paradox of austerity suggests, according to the Keynesian economic aspect, that if all the inhabitants try to save more, that is to say to dedicate to saving a greater percentage of their income, the aggregate demand will fall, the production will fall and the total population savings will be equal or lower.

The explanation of the paradox is because the total income of the population (Y) is equal to the sum of the income of its individuals. Since personal income can be used for consumption or savings, and that consumption forms an essential part of aggregate demand - which finances global income through income and wages - if the percentage of savings increases, logically consumption will decrease , so that aggregate demand will decrease further and, consequently, global income, which will cause personal income to fall. When personal income or income falls, each individual will have to dedicate a greater percentage of their income to save in order to continue saving the same in absolute terms. This will further reduce their consumption (already reduced by the fall in income) so that income will be even more reduced and so on to the point that some or many must use their savings in order to solve the decrease in income.

------

NOTE: If you need to extend the explanation given, you can make a comment or add a new question. I will be very pleased to help you.

8 0
3 years ago
1) A global company can be headquartered anywhere, but usually most of its employees come
Svetradugi [14.3K]

Answer:

False

Explanation:

A global company is a country that extends beyond the boundaries of the country of origin to carry out business activities but still maintain a consistent practice with the origin company

However , despite the its presence in other countries , the headquarters remains in the country of origin.

Moreover , it does not need to depend on the employees from the home country but rather from the host country.

8 0
3 years ago
Island Breeze Company designs and makes desk, window, and ceiling fans. In a product liability suit based on negligence, Island
patriot [66]

Answer:

Option D is correct

Explanation:

The company is liable for proper communication of cautions, defective designs and production processes that she uses to manufacture the product but it is not liable for the the consumer unforeseeable misuse of a fan. Because it is not associated with the duty of care. I also have a duty of care to myself like you have to yourself. If I have struck myself with a hammer then it unjustifiable to sue the company. I am misusing that hammer. I don't have the license but still I am driving car, it means I am misusing the asset. This means some operations are restricted by law and some are implicitly restricted.

5 0
3 years ago
Of these types of businesses, which one requires the most drive and motivation?
kondaur [170]
B, because it is a new business so it's going to have to work harder then any other business in order to gets it's name out there.
6 0
3 years ago
Other questions:
  • Which of the following are fixed costs in the federal budget
    8·1 answer
  • Inflation is a sustained rise in the general level of prices of goods and services.
    9·2 answers
  • The Mobile Share Plan: $150 monthly fee for up to 10 devices, unlimited talk and text for all the lines, and data charges of $10
    5·1 answer
  • At the beginning of 2018, England Dresses has an inventory of $75,000. However, management wants to reduce the amount of invento
    15·2 answers
  • Record the following process costing transactions in the general journal
    13·1 answer
  • A BUYER IS PURCHASING A HOME AND HAS ORDERED A HOME INSPECTION AND A A TERMITE INSPECTION. WHAT SHOULD THE BUYER ORDER TO PROTEC
    8·1 answer
  • Tim, a single taxpayer, operates a business as a single-member LLC. In 2018, his LLC reports business income of $394,000 and bus
    14·1 answer
  • How many decamters are there in 14 meters
    12·2 answers
  • The cashew industry is perfectly competitive and until now each of the identical firms in the industry have been earning zero ec
    9·1 answer
  • Frida makes bread every day and due to demand she is thinking of increasing her bread production. In order to make this decision
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!