Assume the cost object is the Manufacturing Department and that its total output is 20,000 units. a. How much total manufacturing cost is directly traceable to the Manufacturing Department
Solved
Show answers
More tips
- W Work and Career 10 Best Ways To Find A Job: Tips To Land Your Dream Job...
- L Leisure and Entertainment How to Choose a Program for Cutting Music?...
- A Auto and Moto How to choose the right drive for your BMW...
- L Leisure and Entertainment How to Choose the Perfect Gift for Men on February 23rd?...
- H Health and Medicine How to Treat Whooping Cough in Children?...
- H Health and Medicine Simple Ways to Lower Cholesterol in the Blood: Tips and Tricks...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
- L Leisure and Entertainment History of International Women s Day: When Did the Celebration of March 8th Begin?...
- S Style and Beauty Intimate Haircut: The Reasons, Popularity, and Risks...
- A Art and Culture When Will Eurovision 2011 Take Place?...
Answers on questions: Business
- B Business Relative to common stock, preferred stock: Group of answer choices is attractive to only those looking for capital appreciation has higher dramatic gains is cheaper than...
- B Business Laramie Company paid $1,100,000 for a purchase that included land, building, and office furniture. An appraiser provided the following estimates of the market values of...
- B Business When Gordon told Hanson that he was considering selling his house, Hanson offered to buy it. Gordon and Hanson entered into a contract in which Hanson paid Gordon $1,000...
- B Business When a key part of performance management, the performance appraisal, is used to punish employees, ....
- B Business A bond has a par value of $10,000 and currently has a price of $9,500. The bond pays a rate of 5% over 5 years. Calculate the current yield. The same bond started the...
- B Business At the end of the year the production manager is taking inventory and finds 600 units of an older model of invisible fencing that the company no longer manufactures. These...
- B Business Holding a copyright: Multiple Choice Gives its owner the exclusive right to publish and sell a musical or literary work during the life of the creator plus 70 years. Gives...
- B Business If you earn an annual interest rate of 9.8 percent, how many years will it take to triple your money...
- B Business Steven Light bought a $55,050 wedding ring for his wife, Sherri Light, on credit from Royal Jewelers, Inc., a store in Fargo, North Dakota. The receipt granted Royal a...
- B Business Mullineaux Corporation has a target capital structure of 70 percent common stock, 5 percent preferred stock, and 25 percent debt. Its cost of equity is 11 percent, the...
Ответ:
$350,000
Explanation:
The computation of the total manufacturing cost directly traceable is as follows:
= (Direct material per unit + direct labor per unit+ variable manufacturing overhead per unit + fixed overhead per unit) × number of units sold
= ($7 + $4 + $1.50 + $5) × 20,000 units
= $17.50 × 20,000 units
= $350,000
Ответ:
The estimated Bad Debt Expense for the period is $13,600
Explanation:
Quill Industries estimates of uncollectible receivables resulting from the aging analysis equals $20,000. The company uses the aging of accounts receivable method and the Allowance for Doubtful Accounts has credit balance of $6,400 before adjusting.
Bad debt Expense = $20,000 - $6,400 = $13,600
The entry:
Debit Bad debts expense $13,600
Credit Allowance for doubtful accounts $13,600