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ExtremeBDS [4]
3 years ago
7

Sheridan Company used high-low data from June and July to determine its variable cost of $12 per unit. Additional information fo

llows: Month Units produced Total costs June 2300 $37600 July 600 17200 If Sheridan’s produces 2900 units in August, how much is its total cost expected to be?
Business
1 answer:
Vinvika [58]3 years ago
5 0

Answer:

See below

Explanation:

June 37,600 - 2,300 = 35,300

July 17,200 - 600 = 16,600

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ROK Corporation has provided you with the following information for 2010: (hint - set up T accounts for all accounts and post th
Sunny_sXe [5.5K]

The factory overhead applied to the product is $5,400

Let understand that Factory Overhead means the <em>total cost</em> that is used in operating all the production segment (i.e depreciation of equipment, salary, wages, electricity) of a manufacturing company and its does not include the costs of direct labor & materials.

  • It is given that:

- <em>Factory Labor Incurred  equals $8,000 (including $6,000 direct and $2,000 indirect</em>

<em>- Manufacturing Overhead is applied to the product based on 90% of direct labor dollars</em>

<em />

  • Therefore, the Factory overhead applied will equals Direct factory labor incurred * 90% Overhead applied

<em />

<em>Factory overhead applied = $6,000 * 90%</em>

<em>Factory overhead applied = $5,400</em>

<em />

In conclusion, the factory overhead applied to the product is $5,400

See similar Factory overhead here

<em>brainly.com/question/14330080</em>

7 0
3 years ago
2. "Because corporations do not actually raise any funds in secondary markets, secondary markets are less important to the econo
gladu [14]

Explanation:

I disagree with this argument, it can be said that the secondary market is equally or more important than the primary market, due to the fact that it is the secondary markets that determine what will be the prices that the companies that issue bonds will sell in the primary market.

Secondary markets can also be considered to be responsible for making securities easier to sell in the primary market due to their greater liquidity.

4 0
3 years ago
Yummy Peanut Butter created a new​ coconut-flavored peanut butter that it tested in a small number of representative cities. The
Sati [7]

Answer:

B.

standard test markets

Explanation:

Standard test markets is when a set of representative cities are selected and the full marketing mix is tested in these areas before a new product launch. The new products are sold through their normal channels to simulate reality.

Yummy peanuts is testing its new coconut flavored peanut butter in a group of representative cities. Aimed at forecasting national sales and profit. This is use of standard test markets.

4 0
3 years ago
How large is my target market?​
AleksandrR [38]
?? this needs more context
7 0
2 years ago
Read 2 more answers
A company purchased a weaving machine for $206,520. The machine has a usedul life of 8 years and a residual value of $11,000. It
Alex777 [14]

Answer:

The amount of depreciation expense that should be recorded for the second year is $28,600

Explanation:

The computation of the depreciation per units or bolts under the units-of-production method is shown below:

= (Original cost - residual value) ÷ (estimated production bolts)

= ($206,520 - $11,000) ÷ (752,000 bolts)

= ($195,520) ÷ (752,000 bolts)

= $0.26 per bolt

Now for the second year, it would be

= Production units in second year × depreciation per bolts

= 110,000 units × 0.26

= $28,600

4 0
3 years ago
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