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brilliants [131]
3 years ago
5

Janitor Supply produces an industrial cleaning powder that requires 49 grams of material at $0.20 per gram and 0.40 direct labor

hours at $14.00 per hour. Overhead is applied at the rate of $16 per direct labor hour. What is the total standard cost for one unit of product that would appear on a standard cost card?
Business
1 answer:
Dima020 [189]3 years ago
5 0

Answer:

Standard cost = $21.8

Explanation:

The total standard cost of one unit

= Direct material cost + Direct Labour cost + Overhead cost

Direct Material = 49× $0.20 = 9.8

Direct labour cost = 0.40× $14 = 5.6

Overhead cost =  $16× 0.40= 6.4

Standard cost = 9.8 +  5.6 + 6.4  = $21.8

Standard cost = $21.8

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JDS Shipyard's projected benefit obligation, accumulated benefit obligation, and plan assets were $75 million, $65 million, and
meriva

Answer: Net Pension liability of $29 million

Explanation:

A net pension liability will be reported when the obligations of the employer which is the Projected benefit obligation, exceeds the Plan assets because the company has less resources than required to satisfy its obligations.

A net pension asset will be when the Projected Benefit Obligation (PBO) is less than the Plan assets.

In this case, there will be a Net pension liability of;

= PBO - Plan assets

= 75 - 46

= $29 million

8 0
3 years ago
Broker Al offers all his agents the ability to sell their own homes without any commission owed the brokerage. In what part of t
Ratling [72]

Answer:

Miscellaneous benefits

Explanation:

In this case, Broker AI cannot put this in the main agreement section of the work agreement because there are certain information about the rights, the terms of sales and other things which are added to the main section of the agreement. In this case, it is the Broker who offers his agent, and this is more like an offer or promotion from the Broker, hence it must be in the miscellaneous benefit section of the work agreement.

7 0
3 years ago
Jeff and Robert form KS VENTURES Corporation. Jeff transfers property (basis of $105,000 and fair market value of $90,000) while
Komok [63]

Answer:

The answer is: B) Neither Jeff nor Robert has any recognized gain or loss.

Explanation:

Both Jeff and Robert are contributing different assets to form KS Ventures Corporation. Jeff will transfer property at its fair market value ($90,000) and Robert will also transfer property at fair market value ($70,000) plus $20,000 in cash to equal Jeff's contribution. They haven't gained or lost anything, each still has 50% of stock ($90,000) of KS Ventures Corporation.

4 0
3 years ago
The monopolist, like the perfect competitor, will maximize profits at the output where marginal revenue equals marginal cost.
spayn [35]
When marginal profit turns negative, producing more output will decrease total profits. Total profit is maximized where marginal revenue equals marginal cost. In this example, maximum profit occurs at 4 units of output.
6 0
3 years ago
How much money has to be invested at 5.1% interest compounded continuously to have $17,000 after 14 years?
andre [41]
We will use the formula; A = Pe^(r*t)
Given;
A = 17,000
r = 5.1%
t = 14
Solution;A = Pe^(r*t)  Compounding continously
17,000 = Pe^(.051*14)
17,000/e^(.714) = P
      $8324.59  = P 
The money that has been invested at 5.1% interest and compounded contiounsly to have 17,000 after 14 years is $8324.59
8 0
3 years ago
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