3 Suppose a company incurs the following costs: labor, $600; equipment, $300, and materials, $200. The company owns the building.
so it doesn't have to pay the usual $700 in rent.
Instructions: Enter your responses as a whole number.
a. What is the total accounting cost?
66
Ints
$1
b. What is the total economic cost?
eBook
Print
$
Feferences
c. If the company sold the building and then leased it back, what would be the change in
(1) Accounting costs?
$
(ii) Economic costs?
$

The following cost data relate to the manufacturing activities of chang company during the just completed year: manufacturing overhead costs incurred: indirect materials $ 15,800 indirect labor 138,000 property taxes, factory 8,800 utilities, factory 78,000 depreciation, factory 150,600 insurance, factory 10,800 total actual manufacturing overhead costs incurred $ 402,000 other costs incurred: purchases of raw materials (both direct and indirect) $ 408,000 direct labor cost $ 68,000 inventories: raw materials, beginning $ 20,800 raw materials, ending $ 30,800 work in process, beginning $ 40,800 work in process, ending $ 70,800 the company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost to jobs. a total of 20,500 machine-hours were used during the year. required: 1. compute the amount of underapplied or overapplied overhead cost for the year. 2. prepare a schedule of cost of goods manufactured for the year.

Type of deposit reserve requirementcheckable deposits $7.8 - 48.3 million 3%over $48.3 million 10noncheckable personal savings and time deposits 0refer to the accompanying table. if a bank has $60 million in savings deposits and $40 million in checkable deposits, then its required reserves are$1.2 million.

Lee earns $1,482 of interest in 270 days after making a deposit of $15,200. find the interest rate.