Why should you avoid the use of sarcasm , cliches, and idioms in business letters?

Ware Manufacturing Company produced 2,000 units of inventory in January 2018. It expects to produce an additional 14,000 units d

lana66690 [7]

Answer:

Total production cost= $266,380

Explanation:

First, we need to calculate the total estimated overhead costs:

total estimated overhead costs= 20,000 + 160,000 + 75,000 + 20,000

total estimated overhead costs= $275,000

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 275,000 / 16,000

Predetermined manufacturing overhead rate= $17.19 per unit

Finally, we can calculate the total production cost of the 2,000 units made in January:

Total production cost= total unitary cost*number of units

Total production cost= (64 + 52 + 17.19) * 2,000

Total production cost= $266,380

4 0

2 years ago

The lower a firm's inventory turnover, the longer it takes the firm to collect payment on its sales. a. faster the firm collects

Doss [256]

Answer:

The answer is C. longer inventory sits on the firm's shelves

Explanation:

The Inventory turnover is the number of times inventory is sold or used during a given period of time.

The formula is:

cost of goods sold/average inventory.

A lower inventory turnover means weak sales(declining sales) and excess inventory remaining in the warehouse while a higher inventory turnover means it is taking a firm short time to sell its goods(inventory)

4 0

2 years ago

Johnson is appraising two parcels of property. One is leased to the government for use as a post office; the other is leased to

Arada [10]

Answer:

Lower.

Explanation:

The capitalization rate is mainly used in real estate and is a measure of the rate of return on a property, based on the net operating income it is expected to generate.

Johnson in appraising two parcels of property, leased one to the government for use as a post office while the other parcel of property, is leased to a private owner for use as a hardware store. Having the knowledge that the parcels have recently started long-term leases. The capitalization rate of the post office property used by the government as compared to the capitalization rate of the hardware store property used by the private owner will be lower.

The capitalization rate of the post office property would be lower because, real-estate investors will not expect much returns on the investment as it's a less risky investment. The post office is less likely than a hardware store to run out of business or go bankrupt by virtue of being a governmental agency or public company.

Hence, the hardware store will need a higher capitalization rate in comparison with post office property.

4 0

2 years ago

CatNap Company has two products: Kittyz and Katz. A March sales forecast projects 20,000 units of Kittyz and 15,000 units of Kat

Brut [27]

Answer:

The total March sales that Kittyz anticipated is $100,000.

Explanation:

The details of beginning and ending inventory are irrelevant for sales; they are relevant only for production quantity.

total March sales for Kittyz anticipated = 20000*$5

= $100,000

Therefore, The total March sales that Kittyz anticipated is $100,000.

8 0

2 years ago

Anchor Co. owns 40% of Main Co.'s common stock outstanding and 75% of Main's noncumulative preferred stock outstanding. Anchor e

dmitriy555 [2]

Answer:

155,000

Explanation:

Anchor Co. owns 40% of Main Co.'s common stock outstanding and

75% of Main's noncumulative preferred stock outstanding.

Anchor exercises significant influence over Main's operations.

During the current period, Main declared dividends of

$200,000 on its common stock and

$100,000 on its noncumulative preferred stock.

The amount of dividend income that Anchor should report on its Income Statement for the period related to its investment in Main is:

Ordinary dividends 0.40 x 200,000 = 80,000

Preference dividends 0.75 x 100,000 = 75,000

Total dividends = 155,000

8 0

2 years ago