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cricket20 [7]
3 years ago
7

Coronado Industries reported total manufacturing costs of $450000, manufacturing overhead totaling $68000, and direct materials

totaling $86000. How much is direct labor cost
Business
1 answer:
Novosadov [1.4K]3 years ago
6 0

Answer:

$296,000

Explanation:

Calculation for How much is direct labor cost

Using this formula

Direct labor cost=Total manufacturing costs-Manufacturing overhead totaling-Direct materials totaling

Let plug in the formula

Direct labor cost=$450,000 - $68,000 - $86,000

Direct labor cost=$296,000

Therefore the direct labor cost will be $296,000

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How much money should be deposited annually in a bank account for five years if you wish to withdraw ​$5 comma 500 each year for
Zarrin [17]

Answer:

The initial deposit should be $ 25.46

Explanation:

The Annuity formula is

P=R [1−(1+i)^-n/i]⋅(1+i)

Where

P= Initial deposit

R=Regular Withdraw amount

i=Interest rate

n=Number of years/periods

After entering corresponding values in the formula we get $25.46

so P (which is our initial deposit)=25.46

6 0
3 years ago
Identify the accounting​ concept, assumption, or principle that best applies to each of the following​ situations: a. Inflation
lianna [129]

Answer:

The list is follows:

a. Inflation has been abound​ 2.5% for some time. Village Realtors is considering measuring its land values in​ inflation-adjusted amounts - Stable-monetary-unit assumption

b. You get an especially good buy on a laptop​, paying only $ 300$300 when it normally costs $ 800. What is your accounting value for this laptop? - Historical cost principle

c. Burger King​, the restaurant​ chain, sold a store location to McDonald. How can Burger King determine the sale price of the store long dash—by a professional​ appraisal, Burger King​'s original​ cost, or the amount actually received from the​ sale? - Historical cost principle

d. General Motors wants to determine which division of the company long dash—Chevrolet or Cadillac long dash—is more profitable - Entity assumption

6 0
4 years ago
Doris recently started her position at Monro Company. The company uses the dollar-value LIFO inventory method. On her first day
Furkat [3]

Answer

2

Explanation:

Cost index in dollar - value LIFO method is used to determine the change in prices since the beginning of he base year by comparing the year end inventory to the base layer cost.

The extended cost of the ending inventory at the most recent  price is divided by the cost of the ending inventory at the base year price.

Workings

Cost in term of base layer = $50,000

Cost in term of the layer layer $100,000

Cost index = 100000/50000 = 2

7 0
4 years ago
The Puyer Corporation makes and sells only one product called a Deb. The company is in the process of preparing its Selling and
bezimeni [28]
Total= $159,552



Giving the following information:
The company has budgeted to sell 15,600 Debs in February.
Sales commissions $ 0.96*15,600= 14,976
Shipping $ 1.46 *15,600= 22,776
Executive salaries $ 60,600
Depreciation on office equipment $ 20,600
Other $ 40,600
Total= $159,552
8 0
3 years ago
Four brokerage firms operate in the same small city as Jackson’s firm. All the firms charge approximately the same listing commi
miskamm [114]

Answer:

<em>Yes, this is antitrust violation. Because, the tend to restrain trade in that small city thereby denying other small player brokerage firms from making a living due to their monopolistic actions among themselves.</em>

Explanation:

Antitrust laws are designed in-order to prohibit a number of business practices that restrain trade. Examples of illegal practices are price-fixing conspiracies, corporate mergers that are likely to cut back the competitive fervor of certain markets, and predatory acts designed to gain or hold on to monopoly power.

<em>Violations of such laws attract sanctions and punishment from the regulatory body in-charge of protecting such.</em>

8 0
3 years ago
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