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FrozenT [24]
2 years ago
14

Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price $155 Units in beginning inventory 200 Units produced 2,020 Units sold 1,760 Units in ending inventory 460 Variable costs per unit: Direct materials $ 49 Direct labor $ 29 Variable manufacturing overhead $ 11 Variable selling and administrative expense $ 14 Fixed costs: Fixed manufacturing overhead $18,180 Fixed selling and administrative expense $33,440 What is the total period cost for the month under variable costing
Business
1 answer:
Tom [10]2 years ago
8 0

Answer:

$76,260

Explanation:

Calculation to determine the total period cost for the month under variable costing

Using this formula

Total Period cost = Variable selling and administrative cost + Fixed manufacturing overhead + Fixed selling and administrative cost

Let plug in the formula

Total Period cost = ($14 × 1,760) + $18,180 + $33,440

Total Period cost =$24,640+$18,180 + $33,440

Total Period cost =$76,260

Therefore the total period cost for the month under variable costing is $76,260

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6 0
1 year ago
The use of index funds as investment vehicles for asset classes:_________
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I & IV

Explanation:

6 0
3 years ago
The process of asset transformation refers to the conversion of:_______
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Answer: c. Risky assets into safer assets

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Dr. Peabody recorded $6,820 in services provided to clients who make monthly payments. Which of the following statements is corr
11111nata11111 [884]

Answer:

D. Accounts receivable is debited $6,820; the dental revenues account is credited $6,820.

Explanation:

The two accounts that are affected here are accounts receivables ( Assets) and the revenue account ( affects capital). The accounts receivable will increase as payment is expected at the end month. Since receivable are assets, an increase in receives is recorded as a debit of the account receivable account. $ 6,820 will be debited on the accounts receivables.

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3 years ago
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Answer:

B) sale; decrease

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The federal funds rate is the rate at which banks make overnight loans to other banks or financial institutions. If the supply of money is too high, then the interest rates will start to decrease.

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