Business, 05.02.2020 11:51 kadenhisgen
Wixis cabinets makes custom wooden cabinets for high-end stereo systems from specialty woods. the company uses a job-order costing system. the capacity of the plant is determined by the capacity of its constraint, which is time on the automated bandsaw that makes finely beveled cuts in wood according to the preprogrammed specifications of each cabinet. the bandsaw can operate up to 180 hours per month. the estimated total manufacturing overhead cost at capacity is $14,760 per month. the company bases its predetermined overhead rate on capacity, so its predetermined overhead rate is $82 per hour of bandsaw use. the results of a recent month’s operations appear below: sales $ 43,740 beginning inventories $ 0 ending inventories $ 0 direct materials $ 5,350 direct labor $ 8,860 manufacturing overhead incurred $ 14,760 selling and administrative expense $ 8,180 actual hours of bandsaw use 150 required: 1-a. prepare an income statement that records the cost of unused capacity on the income statement as a period expense. 1-b. how much of the cost of unused capacity can be shown on the income statement as a period expense?
Answers: 3
Business, 21.06.2019 16:50
Malcolm has several receipts from recent transactions that he entered in his records. the receipts include an atm receipt for an $80.00 deposit, a grocery store receipt for $25.50, and a paycheck deposit slip for $650.00 when he finishes entering his transactions, malcolm realizes that his balance is incorrect. assuming that malcolm had no beginning balance, what should his correct balance be?
Answers: 1
Business, 21.06.2019 22:30
An annuity that goes on indefinitely is called a perpetuity. the payments of a perpetuity constitute a/an series. the equation is: a stock with no maturity is an example of a perpetuity. quantitative problem: you own a security that provides an annual dividend of $170 forever. the security’s annual return is 9%. what is the present value of this security? round your answer to the nearest cent. $
Answers: 2
Business, 22.06.2019 18:30
Amanufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. in the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $2,100,000. what should the manufacturer do?
Answers: 1
Wixis cabinets makes custom wooden cabinets for high-end stereo systems from specialty woods. the co...
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