Answer:
$68,000
Explanation:
The costs of goods sold ( COGS)is calculated as follows.
COGS = opening stock + Purchases - Closing stock
This was the first month of operation; hence there was opening stock.
The material used to produce 5000 units were
Direct materials $15,000 + Direct Labor $30,000 + Manufacturing overhead $40,000 = $85,000
The cost per units = $85,000 /5000 units
=$17 per units
4000 units were sold, the COGS
=$17 x 4000
=$68,000
Answer:
$2,616,000
Explanation:
Deferred tax liability part of the depreciation expenses that is deducted in the reconciliation. The deferred tax liability to be recognized can therefore be estimated as follows:
Deferred tax liability = $6,540,000 × 40% = $2,616,000
Therefore, the deferred tax asset to be recognized is $2,616,000
.
Answer:
The correct word for the blank space is: Phase 2 - Direction.
Explanation:
American Professor Larry Greiner (born in 1933) proposed his Growth Cycle model to explain the process businesses go through at the moment of conducting its operations. According to Greiner, the process faced five (5) stages: <em>Creativity, Direction, Delegation, Coordination, </em>and <em>Collaboration</em>,
In phase 2 - Direction, executives establish the organizational structure of the firm focusing on accounting and capital management at the moment of making decisions. Management is centralized.
Answer: Total product cost per unit if 12,500 units = $13.
Explanation:
Given that,
Direct labor = $2
Direct material = $3
Variable overhead = $4
Total variable cost = $9
Fixed overhead ($50,000/10,000 units) = $5
Total product cost per unit = $14
Fixed Overhead at 12500 units = 
= $4
∴ Total product cost per unit if 12,500 units = Total variable cost per unit + Fixed Overhead at 12500 units
= 9 + 4
= $13
Answer:
There are many advantages of government intervention such as even income distribution, no social injustice, secured public goods and services, property rights and welfare opportunities for those who cannot afford. Whereas, according to some economists the government intervention may also result in few disadvantages.
I would try to remove corruption
Explanation:
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