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2 years ago

Working capital can be defined as

Business

1 answer:

DiKsa [7]2 years ago

3 0

Answer:

A. current assets less current liabilities

I think this is answer

Explanation:

hope it help you

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The fixed costs of doing business include

11Alexandr11 [23.1K]

Answer:

Fixed costs are the costs associated with your business's products or services that must be paid regardless of the volume you sell. ... Insurance - the liability insurance you hold on your business. Rent - the rent you pay on your office, factory, and storage space. Utilities - electricity, water, and other utilities.

Explanation:

8 0

2 years ago

Sal and Jen went to the store together, and each bought the same car stereo. Sal used a card to make the purchase, and the full

Irina18 [472]

Because Sal paid for the purchase in full at the time he bought the car stereo, his total at the time was $442.00. Jen bought the same identical car stereo and her payments of $21.30 a month for 18 months equaled $383.40. Add to this total $58.60 in interest and the final total would be $442.00.

4 0

3 years ago

Current Attempt in Progress Restate the following income statement for a retailer in contribution format. Sales revenue ($100 pe

Komok [63]

Answer:

Contribution Margin Income Statement for the year end MM DD, YY

$ $

Sales revenue ($100 per unit) 66,000

Less: Variable Cost

Less cost of goods sold ($56 per unit) 36,960

Commissions expense ($6 per unit) 3,960

Shipping expense ($3 per unit) 1,980

42,900

Contribution Margin 23,100

Less: Fixed Cost

Salaries expense 7,900

Advertising expense 5,800

13,700

Net Income 9,400

5 0

3 years ago

If the company budgets to need 4000 units to sell for a month, has a beginning inventory of 1000 units and a desired ending inve

Alecsey [184]

Answer:

5,500 units

Explanation:

The computation is shown below:

Given that

Need to sell the units in a month = 4,000 units

Beginning inventory = 1,000 units

Desired ending inventory = 2,500 units

So, by considering the above information, the units to be produced is

= Desired ending inventory + need to sell the units in a month - beginning inventory

= 2,500 units + 4,000 units - 1,000 units

= 5,500 units

5 0

3 years ago

Multiple Choice Question 71 Boswell Company manufactures two products, Regular and Supreme. Boswell’s overhead costs consist of

seropon [69]

Answer:

Allocated MOH= $5,250,000

Explanation:

Giving the following information:

Overhead costs:

Machining = $5,000,000

Assembling= $2,500,000

Regular:

Direct labor hours= 10,000

Machine hours= 10,000

Number of parts= 90,000

Supreme:

Direct labor hours= 15,000

Machine hours= 30,000

Number of parts= 160,000

First, we need to calculate the estimated overhead rate for each department. For Machining, we will use the machine hours. For Assembling, we will use the direct labor hours.

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

Machining:

Estimated manufacturing overhead rate= 5,000,000/ (10,000 + 30,000)= $125 per machine hour

Assembling:

Estimated manufacturing overhead rate= 2,500,000/(25,000)= $100 per direct labor hour

Now, we can allocate overhead to supreme.

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

Allocated MOH= (125*30,000) + (100*15,000)= $5,250,000

6 0

2 years ago