9 Tentacle Television Antenna Company provided the following manufacturing costs for the month of June.Direct labor cost$132,00084,000Direct materials costEquipment depreciation(straight – line)Factory insuranceFactory manager's salaryJanitor's salaryPackaging costsProperty taxesFrom the above information, calculate Tentacle's total fixed costs.24,00010,00010,2004,00018,60016,000O A. $298,800B. $40,200C. $64,200O D. $60,200

The following information is provided below : Direct labor cost $132,000 Direct material…

Tentacle Television Antenna Company provided the following manufacturing costs for the month of June. Direct labor cost $132,000 Direct materials cost 84,000 Equipment depreciation (straight – line) Factory insurance 24,000 10,000

Tentacle Television Antenna Company provided the following manufacturing costs for the month of June. Direct labor cost $132,000 Direct materials cost 84,000 Equipment depreciation (straight – line) Factory insurance 24,000 10,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Related questions

Q: PR 12-4

A: Date Particulars Debit Amount Credit Amount 30-Jun Asset revaluation $2,900 Accounts…

Q: How do i do EX 12-3 & EX 12-4

A: Common stock: These are the ordinary shares that a corporation issues to the investors in order to…

Q: What is the cash impact from OWC during Year 2? If the change releases cash use a positive sign, if…

A: To calculate the change in Operating Working Capital (OWC) during Year 2, you need to consider…

Q: Identify the break-even point in the chart below: a. The yellow point b. None are the break-even…

A: The Break-even point is the level of sales at which Fixed Cost is equal to Contribution. In other…

Q: The force of interest delta(t) is given by 1/(1+2t) for all non-negative values of t. Find a(3).

A: The pace at which money grows instantly or over an incredibly short period of time is known as the…

Q: THE SMITH COMPANY Using the business transactions below, complete T-accounts for the Smith Company.…

A: T Accounts 1. Cash Account Particular Debit Particular Credit To capital A/c…

Q: Question 10 Listen Based on the piecewise function given below, what is f(2)? x², x≤ -5 f(x)=x+3,…

A: Step 1:

Q: Can solve question 4 to 7?

A: Salary of the Darnell Johnson = 63500Contribution by his employer toward the retirement plan = 6% of…

Q: Item Classification 1. Sales taxes payable. 2. Pension liability (to be fully paid to retired…

A: Current liabilities are the obligations that are required to be paid of within a year. Whereas, long…

Q: Question 8

A: When net credit sales is divided with average accounts receivable it results in receivable turnover…

Q: 1,352,113.13 is incorrect. What is the correct answer?

A: Net Present Value is used to evaluate the investment and financing decisions that involve cash flows…

Q: Explanation 1031 like-kind exchange

Q: whats 1100+90

A: The question was a simple arithmetic problem that required adding two numbers together. In this…

Q: 1.02 1.02 1.02 1.02 7T-. .T 1.0200

A: Formula for PV calculation is given below:PV= CF/(1+i)^nBelow is the question asked which is till…

Q: . What does "ADR" stand for? (just the full name-no explanation needed)

A: There are many investors in the US who wants to invest in the companies that are outside US…

Q: Topic is Interests If A(t) = 100(1.1)t Find: a. i5 b. i10 Show complete solution with explanatio

Q: customers, durilng 33. İnferring cash flows from balance sheet and income statement data. (Based on…

A: Since we answer up to 3 sub-parts, we'll answer the first 3. Please resubmit the question and…

Q: The correct answer is 9.1978 Please explain

A: The provided solution is correct. But the expert rounded the final answer to two decimals.

Q: provide a benefit of $30. In 5 years, there will be no salvage value for the equipment. T company's…

Q: For what values of x is f(x) NOI differentidue:

A: At x=1 the given function is NOT DIFFERENTIABLE. Because, at x=1 the value of the function is…

Q: An example of an appraisal cost would be: O Scrap O Process or product design O Product recalls O…

A: Cost of Good Quality is incurred in order to reduce the Cost of Poor Quality, so that overall Cost…

Q: x8=h 0817×1= h

A: y= 4x + 180 y= 8x To solve above equations to find the value of x and y

Q: Answer to Part C = 42250

A: Given, Maturity =10 Years Market interest rate: 6% Stated interest rate = 5% Price of the bond is…

Question

Tentacle Television Antenna Company provided the following manufacturing costs for the month of June.
Direct labor cost
$132,000
84,000
Direct materials cost
Equipment depreciation
(straight – line)
Factory insurance
Factory manager's salary
Janitor's salary
Packaging costs
Property taxes
From the above information, calculate Tentacle's total fixed costs.
24,000
10,000
10,200
4,000
18,600
16,000
O A. $298,800
B. $40,200
C. $64,200
O D. $60,200

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Given

VIEW

Introduction

VIEW

Calculation (Total fixed costs)

VIEW

Conclusion

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 4 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

11 keeps getting wrong, even I put 1.3
Question 6 Listen Which of the following sets represent an intersection, union, subset, and com- plement? Hint: Consider if each number is in A, B, both, or neither. АПВ S S A B 3 2 4 6 5 7 8 10 1 9 a. (2) AUB b. {2,3,5,7} A C. (2,3,4,5,6,7,8,10}
E12.17
You put 491-28 why is it 28 and not - 175?? Can you explain that please?
Based on the following information, what is the expected return? State of Economy Recession Normal Boom Multiple Choice 7.63% 11.39% 9.06% Probability of State Rate of Return if of Economy State Occurs .25 - 9.30% .44 10.80% .31 21.40%
88 MULTIPLE CHOICE Question 6 Listen If f(x)= and g(x) = x²-16, then what is the value of f(g(4))? A 0 B 4 C undefined
LO 7.4 Name the four main special journals.
it say 1.33 is incorrect
I asked for S5-6
7-3 A
18 pts Multiple Functions 88 MULTIPLE CHOICE Question 2 ◄ Listen When f(x)=-3x-6 and g(x) = x²-x-6, what is ? A B C f 54 g = 3 fg = -3 x-3x=3 f 51 g = -2x+2; x=1
Kingcade Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Hours 18.3 Wait time Process time Move time Queue time 1. 1 Inspection time 0.1 2.0 9.1 The manufacturing cycle efficiency (MCE) was closest to: (Round your intermediate calculations to 1 decimal place.)