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
Wittaler [7]
3 years ago
12

Revi Corp. provides the following information for the upcoming year: It expects to sell 29,000 pool cues for $13 each. Direct ma

terials costs are $3, direct manufacturing labor is $5, and manufacturing overhead is $0.83 per pool cue. The following inventory levels apply to the upcoming year: Beginning inventory Ending inventory Direct materials 24,000 units 24,000 units Work-in-process inventory 0 units 0 units Finished goods inventory 1,200 units 2,800 units What are the budgeted costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively
Business
1 answer:
Svetlanka [38]3 years ago
3 0

Answer: See explanation

Explanation:

First, we need to calculate the production budget and this will be:

Sales = $29000

Add: Closing inventory of finished goods = $2800

Less: Opening inventory of finished goods = $1200

Production budget = $30600

Direct material purchased:

Production = 30600

Add: Closing inventory of direct material = 24000

Less: Opening inventory of direct material = 24000

Direct material purchased = 36000

a. Budgeted costs for direct materials

= Direct material purchased × price per unit

= 30600 × $3

= $91800

b. Direct manufacturing labor

= Production unit × Cost per unit

= 30600 × $5

= $153000

c. Manufacturing overhead

= Production units × Cost per unit

= 30600 × $0.83

= $25398

You might be interested in
Connie Shockey wants to put funds in an account that does not offer checking privileges because she has a tendency to overspend.
vlada-n [284]

Answer:

certificate of deposit.

Explanation:

A certificate of deposit is one that funds are deposited for a fixed period of time at a particular interest rate. Usually interest rate is determined by the amount being deposited.

Premature liquidation of the certificate of deposit attracts penalty.

This will be the ideal account for Connie Shockey since she does not want an account she can easily withdraw from.

The penalty charged on premature liquidation will serve as a deterrent of she wants to withdraw.

Certificate of deposit is a stable high yield form of investment that will give Connie good returns.

8 0
3 years ago
Name two types of domestic sewing machine​
kondor19780726 [428]

Answer:

Manual. Manual sewing machines are run by pedaling and therefore, no electricity or battery is required to run them. ...

Electronic. These machines have a single motor that runs on electricity

Explanation:

7 0
2 years ago
Read 2 more answers
The political business cycle refers to Group of answer choices the fact that about every four years some politician advocates gr
kirill [66]

Answer:

the potential for a central bank to increase the money supply and therefore real GDP to help the incumbent get re-elected.

Explanation:

A political business cycle can be defined as a business cycle that typically arises from the manipulation and tweaking of economic policy tools such as fiscal policy and monetary policy by incumbent (serving) politicians, in order to stimulate and enhance the economy of a particular country before an election. Thus, this would go a long way to boost the chances of the candidate representing the particular political party and reelection into office by the people.

Hence, the political business cycle refers to the potential for a central bank to increase the money supply and therefore real GDP to help the incumbent get re-elected.

The Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.

Basically, the four (4) major expenditure categories of GDP are consumption (C), investment (I), government purchases (G), and net exports (N).

Additionally, Gross Domestic Products (GDP) of a country's economy gives an insight to it's social well-being such as Real GDP.

4 0
3 years ago
cost accounting systems are used to: a. accumulate production and period costs and assign them to products or services. b. accum
harina [27]

Cost accounting systems are used to Accumulate period cost and assign them to products or services.

Cost accounting systems are useful in both manufacturing and service industries. This system is used to determine product costs, or the total cost of a product, which includes overhead, materials, and labour. According to a number of variables, including worker hours, machine hours, and other considerations, period costs are given to items.

Cost accounting, according to the Terminology of Cost Accounting, is the process of accounting for costs from the point at which expenditure is spent or committed through the development of its final relationship with cost centres and cost units (England).

<u>The purpose and role of cost accounting</u>

These are the primary goals or duties of cost accounting:

  • ​Determination of costs
  • Estimated costs
  • A breakdown of costs
  • Cost reduction and cost control
  • Decision-making, control, and preparation
  • Pricing fixation for sales
  • Calculating the projected profit or loss for each activity.

Learn more about Cost accounting, here

brainly.com/question/24130824

#SPJ4

5 0
1 year ago
It is reasonable to state that one object has twice as much of the attribute property when it has a score of 60, and the other o
Ad libitum [116K]

Answer:

The answer is option <u>D) Ratio Scale</u>

Explanation:

Ratio scale is a type of variable measurement scale which is quantitative in nature. Ratio scale allows any researcher to compare the intervals or differences.

The most common examples of ratio scale are height, money, age, weight etc. With respect to market research, the common examples that are observed are sales, price, number of customers, market share etc.

you can use multiplication or division to "scale" ratios.

Multiplying or dividing all terms in a ratio by the same number creates a ratio with the same proportions as the original, so, to scale your ratio, multiply or divide through the ratio by the scaling factor

8 0
3 years ago
Other questions:
  • Technological disruption: a. mostly affects the new entrants. b. is a problem primarily in embryonic industries. c. is typically
    13·1 answer
  • Reanna is a high school student. She has been feeling overwhelmed recently because there seems to be so many things to do. She d
    10·2 answers
  • I just received a new job. i have the responsibility of leading physicians in the adoption of clinical information systems. my t
    14·1 answer
  • If GDP is $12,000 and velocity is 4, the money supply is
    8·1 answer
  • Johansen Corporation has a target capital structure of 60 percent common stock and 40 percent debt. Its cost of equity is 14 per
    12·1 answer
  • A small creek has flooded, requiring the rescue of one person from a stranded automobile. Electrical service was interrupted for
    15·1 answer
  • A trucking company sold its fleet of trucks for $56,300. The trucks originally cost $1,471,000 and had Accumulated Depreciation
    15·1 answer
  • Amberjack Company is trying to decide on an allocation base to use to assign manufacturing overhead to jobs. The company has alw
    9·1 answer
  • According to_____if the money supply grows at 6%, real GDP grows at 2%, and the velocity of money is constant, then the inflatio
    8·1 answer
  • Comparative financial statements in which each individual financial statement amount is expressed as a percentage of a base amou
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!