Which of the following is not a form of business combination?: (A) Acquisition. (B) S Corporation. (C) Conglomerate. (D) Merger.

Zachary Corporation expects to incur indirect overhead costs of $163,150 per month and direct manufacturing costs of $19 per uni

Arlecino [84]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Estimated overhead cost a month= 163,150

Direct manufacturing costs= $19 per unit.

Estimated production in units

January= 4,800

February= 8,600

March= 4,600

April= 7,100

Total= 25,100 units

Total overhead= 163,150*4= $652,600

A) To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 652,600/25,100= $26 per unit

B) To allocate overhead, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

January= 26*4,800= $124,800

February= 26*8,600= $223,600

March= 26*4,600= $119,600

April= 26*7,100= $184,600

C) The total cost per unit is calculated using the allocated overhead and the direct manufacturing cost per unit.

Total cost per unit= unitary overhead + direct manufacturing cost per unit

Because the unitary allocated overhead and direct manufacturing cost per unit remain constant during the four months, the total cost per unit is the same.

Total cost per unit= 26 + 19= $45

5 0

3 years ago

A sporting goods manufacturer budgets production of 45,000 pairs of ski boots in the first quarter and 30,000 pairs in the secon

Alexandra [31]

Answer:

The budgeted materials need in kg. in the first quarter is 90,000 kg

Explanation:

For computing the budgeted material needed in the first quarter, first we have to calculate the consumption of first and second quarters separately, so that we can arrive to a solution.

The consumption of first quarter = Budgeted production × required kg

= 45,000 × 2

= 90,000 kg

The consumption of second quarter = Budgeted production × required kg

= 30,000 × 2

= 60,000 kg

The ending raw material inventory = 30% of second quarter

= 30% × 60,000

= 18,000 kg

Now put the formula to find out the purchase amount. The formula is shown below:

Raw material consumption = Opening raw material inventory + purchase of raw material - ending raw material inventory

where,

beginning inventory = 18,000 kg

90,000 = 18,000 + purchase - 18,000

So, the purchase is 90,000 kg

The question has asked the amount in kg so cost per kg is irrelevant.

Hence, the budgeted materials need in kg. in the first quarter is 90,000 kg

3 0

3 years ago

A licensed _______________ must display his or her license conspicuously in the principal place of business at all times.

creativ13 [48]

Answer:

Broker

Explanation:

A licensed broker must dispaly his or her name boldly in their primary place of business at all times becasue it helps to identify a broker quickly as well as has gives confidence to customers to transact business with them.

Cheers.

3 0

3 years ago

Direction: Arrange the following words.

Elis [28]

Answer:

TOWEL
TISSUE
TABLE NAPKIN
TABLE CLOTH

6 0

3 years ago

What is the difference between real and nominal gross domestic product. A. Nominal GDP for a given year is measured in dollars o

Genrish500 [490]

Answer:

Option A Nominal GDP for a given year is measured in dollars of that year, whereas real GDP is measured in dollars of some based year

Explanation:

The reason is that the nominal GDP includes the affects of inflation of the year whereas Real GDP is inflation excluded amount which means its tells GDP in terms of base year prices. The difference between the nominal GDP and the real GDP is because of inflation which is the only additional thing in the nominal GDP. So the best answer here which gives this explanation is option A.

7 0

2 years ago