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Naya [18.7K]
2 years ago
9

Foxmoor Company applies manufacturing overhead by using a predetermined rate of 50% of direct labor cost. The data that follow p

ertain to job no. 764:
Direct material cost $55,000
Direct labor cost 80,000

If Foxmoor adds a 40% markup on total cost to generate a profit, which of the following choices depicts a portion of the accounting needed to record the sale of job no. 764?

Account Debited Amount
A. Cost of Goods Sold $175,000
B. Cost of Goods Sold $245,000
C. Finished Goods Inventory $175,000
D. Finished Goods Inventory $245,000
E. Sales Reveune $245,000

a. Choice A
b. Choice B
c. Choice C
d. Choice D
e. Choice E
Business
1 answer:
Aleks [24]2 years ago
4 0

Answer:

e. Choice E

Explanation:

Total cost of job no. 764 = $55,000 + $80,000  + 80,000 x 50%

                                         = $175,000

Total Revenue for job no. 764 = $175,000 + $175,000 x 40%

                                                  = $245,000

E. Sales Revenue $245,000

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3 years ago
: Jane and Sarah are both investors. Jane has invested thousands of dollars into one small company. Sarah has invested hundreds
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Answer:

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What would be the best time for a person to buy a franchise?
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Which of the following is NOT one of the managerial considerations in determining how to compete successfully? How should a comp
hodyreva [135]

Answer:

 Strategy of company concerns are explained as the action plan management,and organisational objectives.

Explanation:      

A.  A more appealing product needs to be offered to rivals for new product.

B. planning of money.

C.  action plan for management function for achieving superior profitability.

D. The company should pursue, the long-term direction management.

E. conservative defense to project

    The action plan management of the company is taking to:

A.  role out a market position,  to attract and satisfy customers, successfully,

perform the operations, and achieve all objectives.

B. conduct a sustainable competitive method and compete against rivals.

C. make your product offering more different and appealing for buyers.

D. conduct the operations.

Organizational objectives are achieved by the following methods:

A. strategic intent

B. statement of the mission.

C. plan of action.

D. business module.

E. strategic vision.

The objectives requires well groomed management to strive to:

A. match your rival businesses products and quality dimensions.

B. short-term success and build profit.

C. realignment in the market.

D. developing lasting success.

E. re-create the bussiness models.

To improve performance, for different avenues:

A. lowering the operating profit margins than rivals to drive sales

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4 0
3 years ago
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Answer:

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Which means from the total amount billed to customer 15% ar commision which means:

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X = 450,000/.85 =<em> 529.411,76</em>

8 0
3 years ago
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