Promotion involves telling customers about the right product available at the right place and ____

X Company has two production departments, A and B. At the start of 2018, the following budgeted cost information was available:

Crank

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Overhead :

Department A : $390,000

Department B $190,000

Job 11:

Direct labor hours in Department B 274

Machine hours in Department A 2,000

Job 22:

Direct labor hours in Department B 1,186

Machine hours in Department A 2,580

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

Department A= 390,000/(2000 + 2580)= $85.15 per direct machine hour

Department B= 190,000/(274 + 1186)= $130.14 per direct labor hour.

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

Job 11:

Dept A= 85.15*2580= $219,687

Dept B= 130.14*274= $36,658.36

3 0

3 years ago

Agreement and disagreement among economists

vredina [299]

Answer:

Differences in values
C. Tariffs and import quotas generally reduce economic welfare.

Explanation:

Yvette and Sean most likely have a difference in values because they believe that one thing is better for the economy than the other. This means that when it comes down to the economy, they value a certain approach over other approaches.

Economist don't usually find common ground on many things but there are some things where they have a general consensus and one of them is that tariffs and import quotas are bad for the economy. They believe that people stand more to gain from free trade than restricted trade.

6 0

3 years ago

Indiana Co. began a construction project in 2021 with a contract price of $162 million to be received when the project is comple

barxatty [35]

Answer:

D) Recognized $8.91 million loss on the project in 2022.

Explanation:

The computation is shown below:

For Year 2021:

Percentage of work completed in the year 2021 is

= $40 ÷ ($40 + $84)× 100

= $40 ÷ $124 × 100

= 32.26%

Profit on the contract is

= Contract price - Already incurred cost - Expected cost

= $162 - $40 - $84

= $38

Profit to be recognized in the year 2016 is

= profit × percentage of completion

= $38 × 32.26%

= $12.256

For Year 2022:

Percentage of work completed in the year 2017 is

= ($40 + $65) ÷ ($40 + $65 + $52)

= $105 ÷ $157 × 100

= 66.88%

Profit on the contract is

= Contract price - Already incurred cost - Expected cost

= $162 - $40 - $65 - $52

= $5

Profit that should be recognized till the year 2017 is

= profit × percentage of completion

= $5 × 66.88%

= $3.344

Profit to be recognized in the year 2017 is

= $3.344 - $12.256

= 8.91 million loss

7 0

3 years ago

A dog grooming business is walking through the target market defining process and is now asking questions about its potential cu

Scrat [10]

Answer:

A

Explanation:

5 0

3 years ago

The Lynx Manufacturing Company produces components used in electronic toys. In fiscal year 2017, Lynx earned an accounting profi

zmey [24]

Answer:

Option "B" is the correct answer to the following statement.

Explanation:

During the fiscal year 2017, The Lynx Manufacturing Company Received $2,000,000 Profit that helps the company to earn a profit of $5,000,000 in production cost.

This extra saved income in the fiscal year 2017 is called economic profit for the firm.

Therefore, Option "B" is the correct answer to the following situation.

8 0

3 years ago

Promotion involves telling customers about the right product available at the right place and _____.Multiple choice question.