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
svlad2 [7]
3 years ago
14

Smythe Co. makes furniture. The following data are taken from its production plans for the year.

Business
1 answer:
PtichkaEL [24]3 years ago
4 0

Answer:The hazardous waste disposal cost per unit  for chair and table respectively is $2.83 and $1.54

Explanation:

From the question, If cost are assigned at a rate based on direct labor hours, then the  total disposal cost for chairs is

total disposal cost for chairs =Direct labor hours required for chairs/Total Direct labor hours required for both furniture x Hazardous waste disposal costs

268,000/ 268,000+16,400  x 615,000

= 268,000/ 284,400  x  615,000

===$595,535.865

and for tables for  is

total disposal cost for tables=Direct labor hours required for tables /Total Direct labor hours required for both furniture x Hazardous waste disposal costs

16,400 / 268,000+16,400  x  615,000

= 16,400 / 284,400  x 615,000

===$35,464.135

The hazardous waste disposal cost per unit  for chair and table respectively is

For chair ====total disposal cost for chairs/ Expected production of chairs

$595,535.865/210,000 units= $2.83

For table ====total disposal cost for table/ Expected production oftable

$35,464.135/23,000 units=$1.54

You might be interested in
One of the weaknesses of the direct write-off method is that it
Gennadij [26K]

Answer:

violates the matching principle

Explanation:

The direct write-off method is an accounting method for recognizing bad debts expense arising from credit sales when individual invoices has been identified as uncollectible.

In Accounting, one of the weaknesses of the direct write-off method is that it violates the matching principle.

The direct write-off method is a method of accounting for uncollectible receivables.

5 0
3 years ago
Federated investors has a , with each mutual fund being managed by several portfolio managers who together take responsibility f
Archy [21]
Federated investors has a LOAN , with each mutual fund being managed by several portfolio managers who together take responsibility for the fund's performance.
4 0
3 years ago
Cyclical unemployment is
Andre45 [30]
Cyclical unemployment is a factor of overall unemployment that relates to the cyclical trends in growth and production that occur within the business cycle.


5 0
3 years ago
Presented below are a number of transactions. Determine whether each transaction affects common stock, dividends, revenue, expen
marin [14]

Answer:

(a) It affects expense account.

(b) It affects Revenue account.

(c) It affects expense account.

(d) It affects Expense account.

(e) It affects Dividend account.

(f) It affects Revenue account.

(g)  It affects Expense account.

(h)  It does not affect stockholders’ equity because purchase of equipment for cash doesn't affect stockholders’ equity.

(i) It affects Common stock account.

4 0
3 years ago
John owns 500 shares of stock in Catawba Box, Inc. The company has recently announced the results for the quarter. The company e
frutty [35]

Answer: Is not taxed

Explanation: John owns 500 shares of stock in Catawba Box, Inc. He is the share holder of the company . An equity shareholder is the owner of the company. But for a big public limited company, they raise funds by going public and issuing shares to the public in small tranche. The profit earned by the company is taxable for the company while it is not taxed to the owners or the shareholders of the company as a company is a separate legal entity.

6 0
3 years ago
Other questions:
  • If the Consumer Price Index was 90 in one year and 100 in the following year, then the rate of inflation is about
    8·2 answers
  • A company records the fees for legal services paid in advance by its clients in an account called Unearned Legal Fees. If the co
    5·2 answers
  • Tito Company reports a $20,000 increase in inventory and a $5,000 decrease in accounts payable during the year. Cost of Goods So
    13·1 answer
  • Which of the following is most correct:Question 8 options:A firm with financial leverage has a larger equity multiplier than an
    10·1 answer
  • The difference between job enrichment and job enlargement is thata.enriched jobs enable an employee to do a number of boring job
    10·1 answer
  • Reeves Incorporated is issuing a note payable to four individuals for $5,000 each. Which individual will end up paying the MOST
    12·1 answer
  • Overboard Corporation uses the FIFO method in its process costing system. In the Cutting Department in June, units were 80% comp
    7·1 answer
  • Why is productivity growth considered to be the most important factor in the ad/asad/as model?
    14·1 answer
  • Why is there is a difference between the roles of a manager, a monitor and an entrepreneur? Support your answer with an example.
    14·1 answer
  • Firestone owns its manufacturing sites as well as retail stores that sell its tires. Firestone exemplifies a(n)
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!