Answer:
1st rank Line 3
2nd rank Line 1
3rd rank Line 2
4th rank Line 4
Explanation:
Using a spreadsheet approach all of the costs information can be set in excel such that it starts with costs of direct materials followed by the cost of direct labor with summing up to be prime costs of production.
However,the total indirect is then apportioned to the product in proportion of the product's total direct costs(the prime costs) as done in the attached spreadsheet.
The manufacturing cost per unit is the total manufacturing costs divided by annual production in each case.
Find attached.
as an employee you have the right to receive money but the responsibility to work as your advisor ask you for as an employee you have the right to work safety but the responsibility to do all is accept, and respectful by that way you can save your life and other by the same time.
i can give you a last exemple
as an employee you have the right to have holiday break because you also need to be with your family but the responsibility to stay in work when you have to.
Answer:
option a
Explanation:
owner keeps all the profits
The interest from an investment is calculated through the equation,
I = P x i
Where I is the interest, P is the principal amount and i is the
interest rate.
P = I / i
Substituting the known values,
P = ($9.99) / (0.018/100) =
$55,500
The answer to this item is therefore approximately $55,500.
Answer:
$32,000
Explanation:
Cost of goods sold refers to all direct expenses incurred in producing goods and excludes all selling and indirect costs.
Cost of goods sold = Sales value - Gross Profit
Gross profit = Sales value - Direct costs - overhead costs
Gross profit per unit = $120 - ($50 + $ 20 + $10)
Gross profit per unit = $40 per unit
Gross profit in value = $40 per unit × No of units = $40 × 400 units = $16,000
Budgeted sales value = Selling price per unit × Budgeted sales units
= $120 × 400 chairs = $48000
Thus, budgeted cost of goods sold = Budgeted sales value - Gross Profit in value
= $48000 - $16000 = $32000
<u>Note</u>: While computing gross profit, selling and administrative expenses would be excluded since those are used while computing net income. Also, cost of goods sold excludes selling and administrative i.e . indirect costs.
