Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 28, 2024

Question 3 Not yet answered Marked out of 1.2 Flag question Company XYZ has total prime cost of $3,000 and total conversion cost of

Question 3 Not yet answered Marked out of 1.2 Flag question Company XYZ has total prime cost of $3,000 and total conversion cost of $6,000. Assume that manufacturing overhead cost is twice the direct labor cost, how much is the direct materials cost? Select one: a. None of the given answers b. 1000 c. 2000 d. 3000 e. 4000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial accounting

Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas

8th Edition

9780135114933, 136108865, 978-0136108863

Students also viewed these Accounting questions

Question

★★★★★

Consider the following graph. 2 7 6 C 10 10 H 11 E 12 15 14 (a). Find a minimum spanning tree of the graph using Kruskal's algorithm. List the edges in the order they are put into the tree. (b)....

Answered: 1 week ago

Question

★★★★★

Discuss Linda Watkins role in the PAS project. Late Friday afternoon, T. N. (Ted) Anderson, director of disbursements for Consumer and Industrial Products, Inc. (CIPI), sat staring out the wide...

Answered: 1 week ago

Question

★★★★★

https://www.ted.com/talks/tom_wujec_build_a_tower_build_a_team https://hr.mit.edu/learning-topics/teams/articles/stages-development https://www.youtube.com/watch?v=nRYRZg8YSso...

Answered: 1 week ago

Question

★★★★★

mention several practical applications that relate to quantitative job demands.

Answered: 1 week ago

Question

★★★★★

The Minot Kit Aircraft Company of Minot, North Dakota, uses a plasma cutter to fabricate metal aircraft parts for its plane kits. The company currently is using a cutter that it purchased used four...

Answered: 1 week ago

Question

★★★★★

Coves Cakes is a local bakery. Price and cost information follows: Price per cake $ 13.11 Variable cost per cake Ingredients 2.20 Direct labor 1.02 Overhead (box, etc.) 0.11 Fixed costs per month...

Answered: 1 week ago

Question

★★★★★

Kushnar Combs, Inc. has $20,000 of ending finished goods inventory as of December 31, 2018. If beginning finished goods inventory was $10,000 and cost of goods sold was $50,000, how much would...

Answered: 1 week ago

Question

★★★★★

The Texas Bill of Rights, Section 24 states that the "Military shall _______ to the civil authority." Question 99 options: at all times be subordinate. at times of peace be subordinate. at no time be

Answered: 1 week ago

Question

★★★★★

Question 5 of 21. A significant downfall of the Milestone chart is that it does not effectively portray the relationships, dependencies, and constraints among the project activities and events. Which...

Answered: 1 week ago

Question

★★★★★

Lamont Company is a Canadian company that produces electronic switches for the telecommunications industry. Lamont regularly imports component parts from Sousa Ltd . , a supplier located in Mexico,...

Answered: 1 week ago

Question

★★★★★

Read the article and pick out a statistical concept from the article that relates to the course material we have covered thus far. Explain how the concept relates to course topics and give an example...

Answered: 1 week ago

Question

★★★★★

24. Air Weegotcha overbooks as many as five passengers per flight because some passengers with reservations do not show up for the flight. The airline's records indicate the following probabilities...

Answered: 1 week ago

Question

★★★★★

Match each concept with its definition: \ table [ [ Operating necessity ] , [ Competitive necessity ] , [ Sacred cow ] ] [ Choose ] The project is necessary to keep up with other similar...

Answered: 1 week ago

Question

★★★★★

Ball bearings are widely used in industrial applications. You work for an industrial food machinery manufacturer and your role is to design the driveshaft assembly on a new type of equipment that...

Answered: 1 week ago

Question

★★★★★

Fuzzy logic in supply chain management. A branch of mathematics known as fuzzy logic was used to improve customer service in supply chain management. (Decision Analytics, February 2014.) Customers...

Answered: 1 week ago

Question

★★★★★

Guilt in decision making. The effect of guilt emotion on how a decision maker focuses on a problem was investigated in the Jan. 2007 issue of the Journal of Behavioral Decision Making (see Exercise...

Answered: 1 week ago

Question

★★★★★

Top 10 cars sold. The Car Sales Statistics site (https://www .best-selling-cars.com) reports the top 10 best-selling car models in Japan from April to September 2020. According to the data, the top...

Answered: 1 week ago

Previous Question Next Question