Answer:
Total cost= $204,750
Explanation:
Giving the following information:
Fixed costs: supervisor’s salary $3,000; factory rent $6,500
Mixed costs: utilities $3,500 + $10.25 per unit
Variable costs per unit:
manufacturing labor wages $30.00
supplies used in production $13.50
packaging cost $7.25
warranty cost $4
Required: Compute total costs to be incurred for a week with 2,950 units of activity.
Fixed costs= 3,000 + 6,500 + 3,500= $13,000
Variable costs= (10.25 + 30 + 13.5 + 7.25 + 4)*2,950= $191,750
Total cost= $204,750
Answer:
True
Explanation:
It's A.A because it makes more sense then b Falsehood
Answer:
c. a long-term liability.
Explanation:
Short term liabilities are those liabilities which need to be paid within one year time and Long term liabilities are those liabilities which need to be paid after one year time.
In this question on December 31, Howard Corporation need to pay the principal in 19 years from now, as it it a long period, so amount of principal will be classified as a long-term liability.
Answer:
$201,000
Explanation:
The computation of net cash flows from operating activities is shown below:-
Beginning Total Assets $570,000
Ending total assets $770,000
Average Total Assets in use $670,000
($570,000 + $770,000) ÷ 2
Cash return on Asset 30%
Cash Flow from operating activities
Average Assets × 25% $201,000
($670,000 × 25%)
Therefore the Cash Flow from operating activities is $201,000
