Insurance cost is to be distributed among manufacturing, selling and administration in the ratio of to to If the total cost was $11,596, how 10 should it be distributed to these departments? ..... Cost Department Manufacturing Selling $ Administration $ (Simplify your answers.)

Q: Refer to the following given information. The cost of inventory sold to customer 220,000 Advertising…

A: Ratio analysis: Ratio analysis is a tool that establishes a relationship between the different…

Q: 7. Operating Cost=.. . Cost + office and Administration Cost (a) Indirect (b) Factory (c) Direct (d)…

A: Operating cost refers to the cost that is required to maintain and for administration of the…

Q: When the gross profit percentage of costs is 32%, the gross profit percentage of sales is equal to:…

A: Gross profit % is calculated by the formula such as :- Gross profit % = Gross profit /revenue.

Q: If cost of goods sold is $520,000 and the gross profit rate is 20%, what is the gross profit? Select…

A: The objective of the question is to calculate the gross profit given the cost of goods sold and the…

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A: Physical Method of Joint Cost Allocation :— It is one of the method used to allocate joint cost…

Q: get value 425.000 in units completed and tra

A: Explanation of Concept :-  Statement of Equivalent production Process cost accounting is the method…

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A: Company Wide Overhead Rate :— It is calculated by dividing total estimated overhead cost by…

Q: Compute the unit product cost for 2019, 2020, and 2021 for variable and absorption costing. Assume…

A: The unit product cost is calculated as total cost divided by number of units produced. Using…

Q: -.In a department store, wages pa sales representatives are classified Select one: A. Direct labour…

A: Direct labor states to the salaries as well as wages paid to the workers that are attributed…

Q: Current Attempt in Progress The ledger of Blossom Company has the following work in process…

A: The production expenses needed to transform raw materials into finished goods are known as…

Q: Using $3,040,000 as the cost of goods manufactured, compute the cost of goods sold using the…

A:

Q: If a company has four lots of products for sale, purchase 1 (earliest) for $17, purchase 2 (middle)…

A: LIFO is last in first out method of inventory costing and inventory valuation. It means that…

Q: Provide all 8 solutions

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A:

Q: land Novelties, Inc., of Palau makes two products-Hawaiian Fantasy and Tahitian Joy. Each product's…

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Q: What are the differences between single and dual rate allocation? Explain with suitable examples.…

A: Single rate allocation and dual rate allocation are two methods used to allocate support department…

Q: Shipping Expenses Manufacturing Overhead $800,000 $3,700,000 General & Administrative Expenses…

A: Gorss Profit Margin is calculated by subtracting cost of goods sold from sales. It is calculated…

Q: How do i create an NPV graph on excel using these data: Unit Sale NPV…

A: With the help of the insert graph option in excel, you can create the NPV Graph using these data.

Q: is computed as: ting income minus operating expenses. revenue minus cost of goods sold. materials…

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A: Formula: Gross margin = [ ( Sales revenue - cost of goods sold ) / sales revenue ] x 100 Deduction…

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A: Hi student Since there are multiple questions, we will answer only first question.  Cost accounting…

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A: Selling price = 7500 cost = 4300 Gross margin = 3200

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A: Operating Profit -The revenue generated by a company's main activities, minus any financing or…

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A: The question is multiple choice question  Required  Choose the Correct Option

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A: Cost-Volume profit Analysis:- It is a method of cost accounting which look for the impact of cost…

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A: Hi student Since there are multiple questions, we will answer only first question.

Q: VAT exclusive price VAT inclusive price _(b). VAT Amount _(a). (d) R220 (c) (e) R862.50 R126 (f)…

A: VAT amount=VAt exclusive price*VAt rate

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Q: (a) What is the gross margin now? Gross margin (b) What is the net operating income now? Net…

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A: The correct option is  C) Inflation Adjustment Accounts

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Q: b.Cost control and reduction

A: Answer 20 Select which of the following requires a separate measurement of cost. D:- Volume   Answer…

Overheads

In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyze overhead expense as it helps the company in determining how much a company must charge for its products and services so that they can generate profit.  Overhead expenses depend upon the nature of the business operations.