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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

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Assume common stock is the only class of stock outstanding in the Manley Corporation. Total stockholders' equity divided by the
pshichka [43]

Answer:

c. book value per share.

Explanation:

The Total stockholders' equity is reflected on the balance sheet along with the total assets and the total liabilities

The formula to compute the book value per share is

= Total stockholders' equity ÷  number of common stock shares outstanding

By dividing the total  stockholders' equity by the number of common stock shares outstanding we get the book value per share

5 0
3 years ago
What are some ways I can help the economy
Temka [501]

Answer:    

Lower interest rates – reduce cost of borrowing and increase consumer spending and investment.

Increased real wages – if nominal wages grow above inflation.

Higher global growth – leading to increased export spending.

Devaluation, making exports cheaper and imports more expensive, increasing domestic demand.

Explanation:

Some ways you can help the economy are

1. Lower interest rates – reduce cost of borrowing and increase consumer spending and investment.

2. Increased real wages – if nominal wages grow above inflation.

3. Higher global growth – leading to increased export spending.

4. Devaluation, making exports cheaper and imports more expensive, increasing domestic demand.

7 0
3 years ago
Read 2 more answers
Ramos Company has the following unit costs: Variable manufacturing overhead$15 Direct materials 13 Direct labor 17 Fixed manufac
zhannawk [14.2K]

Answer:

Unitary cost= $56

Explanation:

Giving the following information:

Variable manufacturing overhead $15

Direct materials $13

Direct labor $17

Fixed manufacturing overhead $12

Fixed marketing and administrative $11

Under absorption costing, the fixed overhead is allocated to the product cost:

Unitary cost= direct material + direct labor + variable overhead + fixed overhead

Unitary cost= 13 + 17 + 15 + 11= $56

3 0
2 years ago
In which type of economy would both private businesses and the government influence the factors of production, and why
pashok25 [27]

A mixed economy is where both private businesses and the government influence the factors of production.

3 0
3 years ago
Buffalo Corporation purchased warehouse shelving for $96,000, terms 1/10, n/30. At the purchase date, Buffalo intended to take t
Murrr4er [49]

Answer:

Office Equipment (Debit)                  96,000

Accounts Payable (Credit)                96,000

Explanation:

Buffalo Corporation should have made the above stated entry. As the equipment is supposed to start depreciation from the date of purchase (when the asset is available for use as intended by management). Since the corporation intended to take the discount by paying early within the number of days allowed so upon payment the following entry should be made.

Accounts Payable (Debit)                             96,000

Purchase Discount Income (Credit)                9,600

Cash (Credit)                                                  86,400

4 0
3 years ago
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