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gulaghasi [49]
2 years ago
15

In the month of May, Kachik Manufacturing had the following overhead costs. 1. Property taxes, $19,200 ($9,200 for offices, $10,

000 for factory) 2. Insurance, $15,720 ($3,500 for office building insurance, $8,400 for accidental injury insurance on factory workers, $3,820 for factory building insurance) 3. Utilities, $2,118 ($1,306 for factory, $812for offices) 4. Depreciation, $36,497 ($12,680 for factory equipment, $14,573 for factory building, $9,244 for office building) How much will Kachik debit their Manufacturing Overhead account on May 31, 2016?
Business
1 answer:
bija089 [108]2 years ago
6 0

Answer:

debit for 50,779

Explanation:

the actual overhead will be debited which is composed by the actual cost associate with the production department which aren't direct materials or labor.

property taxes     10,000

injury insurance     8,400

building insurance 3,820

utilities                     1,306

equipment dep      12,680

building dep           14,573

 actual overhead   50,779

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In 2016, Chaya Corporation, an accrual basis, calendar year taxpayer, provided services to clients andearned $25,000. The client
Artemon [7]

Answer:

$27,333.33

Explanation:

The computation of the amount of income reported is shown below:

= Provided services to the customer + Payment received × number of months ÷ given number of months

= $25,000 + $12,000 × 7 months ÷ 36 months

= $25,000 + $2,333.33

= $27,333.33

The seven months is calculated from the June 1 to December 31. We assume the books are closed on December 31

7 0
2 years ago
Curtab, a company that manufactures digital watches, implements marketing strategies to attempt to eliminate analog watches from
Gnesinka [82]

Answer:

A) Design competition

Explanation:

Digital watch manufacturers and manufacturers of analog watches  compete against each other because their products basically satisfy the same needs. Each one offers a very different product with its pros and cons, but even though their products are so different, they can be considered substitutes.

In the concept of innovation streams, Curtab is the innovator that is trying to create a sustainable competitive advantage because it works by designing an innovative product while its competitors rely on updating old designs.

4 0
2 years ago
Quizno's is conducting a contest in which customers are asked to name a new sandwich. The winner gets a free sandwich each day f
PIT_PIT [208]

Answer:

sales promotion

Explanation:

Sales promotions are used as a short term tactic to increase the sales of a good or service very rapidly, but they are not meant to last. Usually sales promotions offer product or monetary incentives to but the goods or services, e.g. discounts, rebates, coupons, free samples, contests, extra product, etc.

8 0
2 years ago
Suppose you are running a carnival. You are selling hamburgers and sodas. A hamburger is $1.75 and a soda is .75. You expect to
Sunny_sXe [5.5K]

Answer:

<em>Hamburgers = 27</em>

<em>Sodas = 93</em>

Explanation:

Let        x = Hamburgers

             y= Sodas

Now form a system of equation aX + bY = C

where

a= 1.75 = coefficient of variable X

b= 0.75 = coefficient of variable Y

C= 117.50

Put these values in above equation

           1.75x + 0.75y = 117.50 . . . . . (1)

Since I sold total of 120 hamburgers and sodas, we can write

            x + y = 120  . . . . . (2)

or          y = 120 - x          ....... put this value in eq.1

           1.75x + 0.75( 120 - x ) = 117.50

           1.75x + 90 - 0.75x = 117.50

            90 + x = 117.50

             x = 117.50 - 90

             x = 27     .......... put this in equation 2

     

          x + y = 120

          27 + y = 120

          y = 120 - 27

           y = 93

3 0
2 years ago
For product W, a firm has an annual holding cost percentage of 20%, an ordering cost of $110 per order, and annual demand of 15,
Rudiy27

Answer:

812.40 units

Explanation:

Given that,

Annual holding cost percentage = 20%

Ordering cost = $110 per order

Annual demand = 15,000 units

Units Ordered - Price Per Unit

1-250 - $30.00

251-500 - $28.00

501-750 - $26.00

751 and up - $25.00

Optimal order quantity:

= \sqrt{\frac{2\times Annual\ demand\times Cost\ per\ order}{Holding\ cost} }

= \sqrt{\frac{2\times 15,000\times 110}{25\times0.2} }

= \sqrt{\frac{3,300,000}{5} }

= 812.40

Therefore, the optimal order quantity is 812.40 units.

3 0
2 years ago
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