a high school teacher,an assembly line worker,a plumber,a police woman
Answer:
The first transaction will be recorded as a note receivable, whereas the second transaction will be recorded as an account receivable.
Explanation:
Answer:
A. $869
Explanation:
If it charges a price below of their full cos and mark-up it wouldn't be able to sustain it in the long-term
When company's receive a one-time-only then, they may be willing to charge a lower price to cover a portion of their fixed cost when there is spare capacity but, in long-term they will have to charge at full cost else, they will lose money
Answer:
The answer would be $53000.
Explanation:
In simplest words, factory overhead costs or manufacturing overhead costs are the total amount of costs associated with the making of the product or on other factory tasks.
Total manufacturing cost is found by adding all the cost of direct materials, direct labor and overheads. It is shown as below:
Total Overhead Cost = Direct materials + Direct Labor + Overheads
Here direct materials are $16000
Direct Labor = $37000
There are no overheads costs given, so overhead costs will be = 0
Now substituting the values in the formula, we get the following:
Total Overhead cost = 16000+37000+0= $53000
