Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please answer me! thank you :-) . . better liv

please answer me! thank you :-) . . Better Living Ltd...

50.1K

Verified Solution

Question

Accounting

please answer me! thank you :-)
image
. . Better Living Ltd produces and sells furniture. Below are the costs occurred in the business 1. Classify the costs by selecting the property item from the drop-down list (6 marks). Amount Cost Item Classification ($) Leather and fabrics for furniture 5,350 Wages paid to casual workers assembling the 8,320 furniture Straight-line depreciation on the office printer 1,240 Rent expense for the factory 3,300 Electricity expense for the factory 1.750 Sales commission paid to staff according to 2,560 the sales quantity . . II. Calculate the following items for the business. For money amounts, round your answer to the nearest dollar. Do not include 5. Do not use comma separators. Do not use negative numbers nor brackets. For example, 123456 would be the correct format. a. (1 mark) The total prime cost is $ b. (1 mark) The total conversion cost is $ C. (1 mark) The total product cost is $ d. (1 mark) The total period cost is $

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Given a triangle with a leg of 8 km and hypotenuse 22 km, find the...

Calculus
Q

How would you use Describing Data: Numerical Measures in your daily routine?

Statistics
Q

35. What do calcium levels have to do with osteoporosis? Describe two things one can do...

Medical Sciences
Q

A corporation must appoint a president a chief executive officer chief operating officer and chief financial officer....

Basic Math
Q

What is the name for a measurement of how two variables are related O A...

Geometry
Q

Plot the point that is symmetric to 3 8 with respect to the x axis

Algebra
Q

3 Inequalities Solve the inequality graph the solution set and write the answer in interval...

Algebra
Q

on october 1 2015, gordon enterprises borrows $150,000 cash from a bank by signing a...

Accounting
Q

John Wiggins is considering the purchase of a small restaurant. The purchase price listed by...

Accounting
Q

RCES KINGBIRD, INC. Income Statement For the Year Ended December 31, 2017 400,000 200,000 200,000...

Accounting
Q

7. Management is the art of getting things done through and with an informally organized...

Accounting
Q

Analyzing Cost Behavior Ink Shots, Inc., is a new business located in upstate New York....

Accounting