Answer:
Follows are the solution to this question:
Explanation:
Case 1
Production cost of goods
Work is under way, start 1510
Material direct 9780
Labor Direct 5950
Overhead production 8870
Total cost of production 24600
Total work costs under way 26110
Less: Finishing job in phase 8140
Generated cost of goods 17970
Answer:
a. $6,400.
Explanation:
In solving this question on Computing the amount of Purchasing department expense to be allocated to Assembly, we'll have to use the formula below:
Purchasing department expense to be allocated to Fabrication = Total Cost of purchasing department X number of purchase order in / Total numbers of purchase orders in all operating departments
= $32000 X 4/20 = $6,400
Answer:
$110
Explanation:
The contribution margin per unit refers to the revenue available per unit to pay for fixed costs and profits.
The formula for contribution margin is selling price per minus variable costs per unit.
, i.e., contribution margin = selling price -variable costs
=$150-$40
=$110
Answer:
<h3>Always make sure to write all the ideas down.
</h3><h3>Make no judgement.</h3><h3>Briefly discuss and elaborate on each idea as they are presented.
</h3><h3>Let people know they will be brainstorming in advance if possible
.</h3>
Explanation:
- One of the most basic rule of brainstorming includes the practice of inclusiveness. It is important to bring all ideas together and write it down as in a brainstorming session, quantity matters over quality.
- Each and every idea should be <u>respected by all</u>. One should not make any judgement of another person's idea.
- It is important to briefly discuss each idea as they are presented as to fully <u>comprehend the main motive behind each idea</u>. Some ideas become more refined as we discuss more upon it.
- It is also important to let the members know that there will be a brainstorming session in advance so that <u>each member can think of an idea before the actual session</u> takes place.
Answer:
= 32.7%
Explanation:
<em>Return on a stock is the sum of the dividends and the capital gains.</em>
<em>Capital gains = Sales value of stock - Cost of investment</em>
= (158.29 -150.68 )× 100
= 761
Dividends = 4.69 ×100
=469
Cost of investment =150.68 ×100
Return in %
= Total return / cost of stocks ×100
=(761 + 469)/ (150.68 ×100 ) ×100
=8.2% for 3 months
Annualized return
=( 8.2 %/3 ) × 12
= 32.7%
Annualized return= 32.7%
