13. The primary difference between GDP and Real GDP is

Next Generation's predetermined overhead rate is $16 per direct labor-hour and its direct labor wage rate is $11 per hour. Job #

Pavel [41]

Answer:

Unitary cost= $147.02

Explanation:

Giving the following information:

Next Generation's predetermined overhead rate is $16 per direct labor-hour and its direct labor wage rate is $11 per hour. Job1987 used $1,202 of direct materials and $5,500 of direct labor.

First, we need to calculate the allocated overhead to Job 1987:

direct labor hours= 5,500/11= 500 hours

Allocated overhead= 500*16= $8,000

Now, we can calculate the total cost and unitary cost of Job 1987:

Total cost= 1,202 + 5,500 + 8,000= $14,702

Unitary cost= 14,702/100 units= $147.02

3 0

3 years ago

Dawson states that he is Chairman of the Board and the Chief Executive Officer of the company. This makes him:

Kobotan [32]

Answer:

The head of the company

Explanation:

Chief execute officer of a company is the highest-ranking executive in a company, whose primary responsibilities include making major corporate decisions, managing the overall operations and resources of a company, acting as the main point of communication between the board of directors (the board) and corporate operations, and being the public face of the company.

6 0

3 years ago

Read 2 more answers

1. Accounts in non-depository institutions are almost always insured by the government. [x]True False 2. All financial instituti

Darina [25.2K]

The right answer for the question that is being asked and shown above is that:

"FALSE." Accounts in non-depository institutions are almost always insured by the government.
"FALSE." All financial institutions are equally safe and beneficial to use.
"TRUE." Financial experts recommend that you compare at least several different financial institutions in your area and find the one that best meets your needs.
"TRUE." Personal financial planning is the process of creating and achieving financial goals
"FALSE." Shared decision-making is always a positive strategy to take

6 0

2 years ago

Should Tangshan Mining company accept a new project if its maximum payback is 3.5 years and its initial after tax cost is $5,00

Firlakuza [10]

Answer:

Yes, Tangshan Mining company should accept the project.

Explanation:

Payback period is the number of years it takes for a project's expected cash inflows to recover the initial investment amount.

Tangshan company's required payback period = 3.5 years

Year CF Net CF

0 -5,000,000 -5,000,000

1 1,800,000 -3,200,000

2 1,900,000 -1,300,000

3 700,000 -600,000

4 1,800,000 1,200,000

Payback period = last year with -net CF +(absolute net CF that year /total CF the following year)

Payback period = 3 + (600,000 / 1,800,000)

=3 + 0.33

= 3.33 years

Since 3.33 years is lower than the required payback period of 3.5 years, Tangshan Mining company should ACCEPT the new project; it will take less years to fully recover the initial amount investment.

5 0

2 years ago

The stockholders’ equity section of Jun Company’s balance sheet as of April 1 follows. On April 2, Jun declares and distributes

creativ13 [48]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

Download xlsx

7 0

3 years ago