Answer:
The correct answer is option (A) $2,600
Explanation:
Given data;
The data given can be tabulated below for easy understanding
Pairs Flow Distance Flow distance
X-y 30 20 600
Y-Z 280 10 2800
Z-X 180 10 1800
Total flow = 600 +2800 + 1800 = 5200
To calculate the total weekly cost, we use the formula;
Total weekly cost is = Total flow * Cost of per load
= 5200 *0.5
$2,600
The correct answer is royalty. Royalty is considered to be a
payment by which is made by one by which the franchisee or the licensee owns
the asset in particular and that it is for the right of having to do an
outgoing use of the asset.
A. would be your answer :) hope this helps
Answer:
An advantage of using the retail method of inventory costing is
c.that it may be used as an aid in taking a physical inventory.
Explanation:
The retail inventory method is used by retailers that resell merchandise to estimate their ending inventory balances. This method is based on the relationship between the cost of merchandise and its retail price. The method is not entirely accurate, and so should be periodically supplemented by a physical inventory count. Its results are not adequate for the year-end financial statements, for which a high level of inventory record accuracy is needed.
Answer:
Manufacturing cost: $
Direct material ($6.50 x 3,200) 20,800
Direct labour ($2.40 x 3,200) 7,680
Manufacturing overhead ($1.10 x 3,200) 3,520
Supervisory salaries 13,600
Depreciation 5,500
Other fixed costs <u>2,200</u>
Total manufacturing cost <u> 53,300</u>
Explanation:
Total manufacturing cost is the aggregate of direct material, direct labour,variable manufacturing overhead and fixed costs. Fixed costs include supervisory salaries, depreciation and other fixed costs. Direct material cost per unit, direct labour cost per unit and manufacturing overhead cost per unit should be multiplied by the budgeted units per month.
