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NISA [10]
2 years ago
6

Trust Construction builds custom houses for individual buyers. On April 1, it had one job, started with a beginning Work-in-Proc

ess of $70,000. During April the job was finished and sold. Direct labor for the job in April was $90,000 and direct materials used were $66,000. Overhead is computed at a rate of 55% of direct labor. There is a markup of 40% on all sales. What was the selling price of the house?
Business
1 answer:
RideAnS [48]2 years ago
7 0

Answer:

$385,700

Explanation:

Based on the information provided within the question we can say that the selling price of the house was that of $385,700 . This can be calculated by adding up all the prices provided plus the direct labor and markup like so.

Direct Labor: $90,000 * 0.55 = $49,500

Markup: 40% / 100 = 0.40 (percent to decimal) + 1 (to make it as an additional value) = 1.40

Price Before Markup: $70,000 + $90,000 + $66,000 + $49,500 = $275,500

Adding Markup: $275,500 * 1.40 = $385,700

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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A household appliances manufacturer has hired you to help analyze their social media datasets to determine which of their refrig
DedPeter [7]

Answer: sentiment analysis software

Explanation: The Content is produced through social networks, through Web forms, through mobile applications. Content is created by your customers, your market, by thought leaders, employees, and other enterprises. They are sharing opinions, ideas, comments, requesting information, expressing concerns, discussing technologies and products and influencing. Valuable information is trending within those conversations, threads, and post .Uncovering and translating social data into tangible insights has become one of the key challenges for Sentiment Analysis technology providers wanting to propose a real social mining solution to their users. The sentiment analysis software is a specialized classification engine used to identify and evaluate subjective patterns and expressions of sentiment within textual content. The analysis is performed at the topic, sentence, and document level and is configured to recognize whether portions of text are factual or subjective and, in the latter case, if the opinion expressed within these pieces of content are positive, negative, mixed, or neutral. The combination of machine learning with natural language processing techniques, the sentiment analysis is one of the most powerful engines available .

5 0
2 years ago
The wireone company manufactures high-quality coated electrical wire in two departments, weaving and coating. materials are intr
storchak [24]
<h2><u>Answer:</u></h2>

Equal Units; Assigning Costs—Weighted-Average Method [LO2, LO3, LO4, LO5] The WireOne Company makes high caliber covered electrical wire in two offices, Weaving and Coating. Materials are presented at different focuses amid work in the Weaving Department.

After the weaving is finished, the materials are moved into the Coating Department, where strength plastic covering is connected. Chosen information identifying with the Weaving Department amid May are given underneath:

The organization utilizes the weighted-normal strategy. Required: 1. Figure the proportional units of creation. 2. Register the expenses per proportional unit for May. 3. Decide the expense of completion work in procedure stock and of the units exchanged to the Coating Department. 4. Set up a cost compromise between the costs decided in (3) above and the expense of starting stock and expenses included amid the period.

6 0
2 years ago
Darren's discount Motel offers a 27% discounted rate for stays of a week of more. If you stay for eight nights and the usual tat
Dvinal [7]

Discount rate = 27%

Rate before discount = $125 per night

Rate after discount = 125-27%of 125

= 125-33.75 = $91.25

Total nights = 8

Total amount to be paid = 91.25*8 = $730 (answer)

6 0
2 years ago
Patti sells a painting that has a fair market value of $9,000 to James for $6,000. Which of the following statements about the t
Ahat [919]

Answer:

<u>II and III</u>

Explanation:

According to the IRS tax guidelines this two scenario matches them correctly;

The statement that James is Patti's brother, <em>would imply</em> that he (James) would not recognize any income from the sale to be deducted as tax.

Second, assuming Patti is an art dealer and she sold the painting to James because she needed cash quickly, James would not recognize any imputed income from the sale.

3 0
2 years ago
A quality control activity analysis indicated the following four activity costs of an administrative department:
Doss [256]

Answer:

total sales are the internal failure costs is 2%

Explanation:

given data

form to reduce errors =  $15,000

customer complaints = 75,000

Verifying = 30,000

Correcting errors = 60,000

Total = $180,000

sales = $3,000,000

to find out

total sales are the internal failure costs

solution

we know here that internal failture cost is express as

internal failture cost  = correcting error in form   ...........1

internal failture cost  =  $60000

and

internal failture cost as % of total cost is here as

internal failture cost to sale = \frac{internal\ failture\ cost}{sales}   .......2

internal failture cost to sale = \frac{60000}{3000000}

internal failture cost to sale = 2%

so total sales are the internal failure costs is 2%

3 0
2 years ago
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