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vichka [17]
2 years ago
9

Aiden just landed a new full time job with a great salary. He currently lives in Virginia, but his new job is in Oregon. One of

the advantages of his new job, is that he will receive relocation assistance from the new company. This eases the price of moving across the country and has Aiden excited to start fresh on the West coast. This is an example of a:
Business
1 answer:
olasank [31]2 years ago
3 0

Answer:

<u>benefit</u> in terms of monetary assistance for relocating as there will be huge cost incurred by Aiden in relocation, as this is also important to relocate as the distance is too much that daily travelling is not possible, and for him Oregon is a new city and finding an accommodation is itself challenging therefore, when company at-least reimburses such cost of relocation it turns easy and removes a burden for relocation. Further this cannot be considered as wage or perk as this is not regular in nature and will not occur permanently.

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Stangol Co. uses process costing to account for the production of highlighter pens. Direct materials are added at the beginning
Otrada [13]

Answer:

$55,565.76

Explanation:

Calculation for the value of ending inventory using the weighted average method

First step is to find the Equivalent units

Equivalent units = (4,800 × 50%)

Equivalent units = 2,400

Second step is to find the conversion costs

Conversion costs (4,800 × 100%)

Conversion costs= 4,800

Last step is to calculate for the value of ending inventory

Ending inventory= ($8.91 × 2,400) + ($7.1212× 4,800)

Ending inventory=$21,384+$34,181.76

Ending inventory=$55,565.76

Therefore the value of ending inventory using the weighted average method would be closest to: $55,565.76

7 0
1 year ago
A truck costs​ $316,000 and is expected to be driven​ 116,000 miles during its​ five-year life. Residual value is expected to be
mel-nik [20]

Answer:

Annual depreciation= $73,551.72

Explanation:

Giving the following information:

A truck costs​ $316,000 and is expected to be driven​ 116,000 miles during its​ five-year life. The residual value is expected to be zero. The truck is driven​ 27,000 miles during the first​ year.

Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units produced

Annual depreciation= (316,000/116,000)*27,000= $73,551.72

8 0
2 years ago
Read 2 more answers
Redo the company’s income statement at the 5,000-unit level of activity using the contribution format.
adell [148]
Using the high-low method, separate each mixed expense into variable and fixed elements. State the cost formula for each mixed expense. (Omit the "£" sign in your response.) 
<span>Shipping Expense: </span>
<span>(86,200 - 45,900) / (5,100 - 2,000) = £13 variable cost per unit </span>
<span>86,200 - (13 x 5,100) = £19,900 fixed cost </span>
<span>£ Y = £19,900 + £13 X </span>

<span>Salaries and Commissions </span>
<span>(238,400 - 114,400) / (5,100 - 2,000) = £40 variable cost per unit </span>
<span>238,400 - (40 x 5,100) = £34,400 fixed cost </span>
<span>£ Y = £34,400 + £40 X </span>

<span>3. </span>
<span>Redo the company’s income statement at the 5,100-unit level of activity using the contribution format. (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "£" sign in your response.) </span>

<span>Frankel Ltd. </span>
<span>Income Statement </span>
<span>For the Month Ended June 30 </span>
<span>Sales revenue 912900 </span>
<span>Variable expenses: </span>
<span>Cost of goods sold 346800 </span>
<span>Shipping expenses 5,100 x 13 = 66,300 </span>
<span>Commissions 5,100 x 40 = 204,000 </span>

<span>Contribution margin 295,800 </span>

<span>Fixed expenses: </span>
<span>Fixed shipping 19,900 </span>
<span>Insurance expenses 9000 </span>
<span>Depreciation expenses 42700 </span>
<span>Sales salaries 34,400 </span>
<span>Advertising expenses 69200 </span>

<span>Net operating Income 120600</span>
7 0
2 years ago
Aletha has been having difficulty in her first-period history class. one day aletha misses the school bus. she has to walk to sc
Anuta_ua [19.1K]
She is not being proactive and waking up early enough to get on the bus
3 0
2 years ago
Kunkel Company makes two products and uses a conventional costing system. A single plantwide predetermined overhead rate is comp
zysi [14]

Answer:

1) using conventional costing

unit cost mercon = $98

unit cost wurcon = $297

2) using ABC costing

unit cost mercon = $218

unit cost wurcon = $237

Explanation:

                                                     Mercon           Wurcon

Direct materials cost per unit       $8.00             $6.00

Direct labor cost per unit            $10.00             $11.00

Direct labor-hours per unit            2.00                7.00

overhead rate applied                     $80              $280      

Number of units produced           1,000              2,000

overhead rate = total overhead / total direct labor hours = $640,000 / 16,000 = $40

unit cost mercon = $8 + $10 + $80 = $98

unit cost wurcon = $6 + $11 + $280 = $297

using the ABC costing, overhead rate is only 50%

Mercon           Wurcon

Direct materials cost per unit       $8.00             $6.00

Direct labor cost per unit            $10.00             $11.00

Direct labor-hours per unit            2.00                7.00

overhead rate applies                     $40              $140      

Number of units produced           1,000              2,000

total engineering costs          $160,000        $160,000

engineering cost per unit              $160                $80

engineering cost per unit = $320,000 / 2,000 = $160

unit cost mercon = $8 + $10 + $40 + $160 = $218

unit cost wurcon = $6 + $11 + $140 + $80 = $237

7 0
2 years ago
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