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2 years ago

Cost of Normal Spoilage

Business

1 answer:

Mars2501 [29]2 years ago

6 0

Answer:

1. Calculation of the Cost of the Tramel Job

Particulars Amount

Direct material cost $2,300

Direct labor cost $500

Overhead applied <u>$650 (</u>500*130)

Total cost of job <u>$3,450</u>

<u></u>

2. Particulars Debit Credit

Overhead Cost $1,300

To materials $800

To Labour $500

3. The Cost of the Tramel Job will not be affected

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Which of the following is not a concept related to explaining abnormal excess stock returns?A. January effect B. neglected-firm

Anastaziya [24]

The preferred stock effect is not a notion that can be used to explain abnormally high excess stock returns.

<h3>What is the preferred stock?</h3>

The term "stock" refers to a company's ownership or equity. Common stock and preferred stock are the two forms of equity. Preferred investors are entitled to more dividends or asset distributions than common stockholders. The specifics of each preferred stock vary depending on the issuance.

When it comes to dividends, preferred stockholders have a preference over ordinary stockholders, which typically yield more than common shares and might be paid monthly or quarterly. These dividends can be fixed or determined by reference to a benchmark interest rate, such as the London Interbank Offered Rate.

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1 year ago

Pierce Company sold to Stanton Company merchandise on account FOB shipping point, 2/10, net 30, for $20,000. Pierce prepaid the

polet [3.4K]

Answer:

D. Accounts ReceivableStanton, debit $20,000; Sales, credit $20,000, and Delivery Expense, debit $500; Cash, credit $500

Explanation:

The Sale transaction must be ;

Trade Receivable - Stanton Company $20,000 (debit)

Revenue $20,000 (credit)

<em>Recognise the Revenue and Asset - Stanton Company</em>

Shipping Cost $500 (debit)

Bank $500 (credit)

<em>Recognise the shipping cost and de-recognise the cash asset</em>

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3 years ago

Payday loans could be considered

Molodets [167]

C. subprime lending

Its not something you want to do all of the time

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3 years ago

It costs Glenwood, Inc. $82 per unit to manufacture 1,000 units per month of a product that it can sell for $122 each. Alternati

mixas84 [53]

<h2>Answer:</h2><h2>The profit would increase by $ 4000 if complex product was produced.</h2>

Explanation:

Total number of units to be manufactured = 1000

(i) The cost price of 1 unit = $ 82

The cost price of 1000 units = 82 * 1000 = $ 82000

Selling price of 1 unit = $ 122

The selling price of 1000 units = 122 * 1000 = $ 122000

Profit earned = 122000 - 82000 = $ 40000

(ii)To produce a complex product,

The cost price of 1 unit = $ 82 + $ 36 = $ 118

The cost price of 1000 units = 118 * 1000 = $ 118000

Selling price of 1 unit = $ 162

The selling price of 1000 units = 162 * 1000 = $ 162000

Profiy earned = 162000 - 118000 = $ 44000

Therefore, the profit would increase by $ 4000 if complex product was produced.

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3 years ago

What is not part of all contracts?

sdas [7]

Premium is not included in all contracts.
Offer is very important, time requirements is also a must in a contract, consideration is also stated in the contracts, but premium is not included in the contract.

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3 years ago

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