Morganton Company makes one product and it provided the following information to help prepare the master budget for its first four months of operations:
a. The budgeted selling price per unit is $60. Budgeted unit sales for June, July, August, and September are 8,000, 11,000, 13,000, and 14,000 units, respectively. All sales are on credit.
b. Thirty-percent of credit sales are collected in the month of the sale and 70% in the following month.
c. The ending finished goods inventory equals 25% of the following month's unit sales.
d. The ending raw materials inventory equals 10% of the following month's raw materials cost $2.20 per pound. 5 pounds required per unit of finished goods
e. Twenty-percent of raw materials purchases are paid for in the month of purchse and 80% in the following month.
f. The direct labor wage rate is $12 per hour. Each unit of finished goods requires two direct labor-hours.
g. The variable selling and administrative expense per unit sold is $1.20. The fixed selling and administrative expense per month is $61,000.
Required:
1. What are the budgeted sales for July?
2. What are the expected cash collections for July?
3. What is the accounts receivable balance at the end of July?
4. According to the production budget, how many units should be produced in July?
5. If 61,000 pounds of raw materials are needed to meet production in August, how many pounds of raw materials should be purchased in July?
6. What is the estimated cost of raw materials purchases for July?
7. If the cost of raw materials purchases in June is $88,880, what are the estimated cash disbursements for raw materials purchases in July?
8. What is the estimated accounts payable balance at the end of July?
9. What is the estimated raw materials inventory balance at the end of July?
10. What is the total estimated direct labor cost for July assuming the direct labor workforce is adjusted to match the hours required to produce the forecasted number of units produced?
11. If the company always uses an estimated predetermined plantwide overhead rate of $10 per direct labor-hour, what is the estimated unit product cost?
12. What is the estimated finished goods inventory balance at the end of July?
13. What is the estimated cost of goods sold and gross margin for July?
14. What is the estimated total selling and administrative expense for July?
15. What is the estimated net operating income for July?
Answers
The budgeted sales for July are 11,000 units. The expected cash collections for July amount to $405,600.
The accounts receivable balance at the end of July is $282,000. According to the production budget, 11,750 units should be produced in July. In order to meet the production needs for August, 67,500 pounds of raw materials should be purchased in July. The estimated cost of raw materials purchases for July is $148,500. The estimated cash disbursements for raw materials purchases in July, based on a cost of raw materials purchases of $88,880 in June, amount to $71,104. The estimated accounts payable balance at the end of July is $77,896. The estimated raw materials inventory balance at the end of July is $33,750. The total estimated direct labor cost for July is $282,000. Assuming an estimated predetermined plantwide overhead rate of $10 per direct labor-hour, the estimated unit product cost is $44. The estimated finished goods inventory balance at the end of July is $220,000. The estimated cost of goods sold for July is $610,000, and the gross margin is $352,000. The estimated total selling and administrative expense for July is $100,600. The estimated net operating income for July is $251,400.
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Related Questions
An analysis of 222Cool Company’s liabilities disclosed the following: accounts payable after deducting debit balances
in supplier’s account amounting to P22,500 (accounts payable included non-trade liabilities of P32,500) P105,000;
accrued expenses, P15,000; credit balances in customer’s account P13,500; stock dividend payable, P70,000; claims
for increase in wages and allowances by employee of the company, covered in a pending lawsuit, P125,000; estimated
liabilities for premium, P60,000. How much should be presented as total current liabilities in the statement of financial
position?
a. 6,000
b. 168,500
c. 183,500
d. 216,000
Answers
216,000 should be presented as total current liabilities in the statement of financial position. In fiscal account, a liability is defined as the unborn offerings of profitable benefits that the reality is obliged to make to other realities as a result of once deals or other once events, the agreement of which may affect in the transfer or use of means, provision of services or other yielding of profitable benefits in the future.
accounts payable- trade and non-trade (105000+ 22500) 127,500
Accrued expenses 15,000
Credit balances of customer's account 13,500
Stock dividends payable- equity account --
Claims for increase in wages and allowances by employees
of the company's covered in a pending lawsuit --
Estimated liabilities for premium 60,000
Total 216,000
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Consider the following hypothetical income tax brackets for a married couple. Assume for simplicity there are no exemptions or deductions. Income Tax Rate $0-$20,000 10%
$20,001-$50,000 20
$50,001-$100,000 45
$100,001 and up 60 Suppose the couple's income is $80,000. The couple's marginal tax rate is 45 percent. (Enter your response as a whole number.) The couple's average tax rate is ____ percent. (Enter your response rounded to the nearest whole number.)
Answers
The couple's average tax rate is 26 percent.
To calculate the average tax rate, we need to find the total amount of tax paid on their income of $80,000.
The first $20,000 is taxed at a rate of 10%, which means they pay $2,000 in tax.
The next $30,000 ($20,001 to $50,000) is taxed at a rate of 20%, which means they pay $6,000 in tax.
The remaining $30,000 ($50,001 to $80,000) is taxed at a rate of 45%, which means they pay $13,500 in tax.
In total, they paid $21,500 in tax.
To find the average tax rate, we divide the total tax paid by their income:
$21,500 / $80,000 = 0.26875
Multiplying by 100 and rounding to the nearest whole number gives us an average tax rate of 26 percent.
The couple's income is $80,000, and they fall into the third tax bracket ($50,001-$100,000) with a marginal tax rate of 45 percent. To calculate the average tax rate, first determine the total tax owed:
1. For the first $20,000: 10% of $20,000 = $2,000
2. For the next $30,000 ($20,001-$50,000): 20% of $30,000 = $6,000
3. For the remaining $30,000 ($50,001-$80,000): 45% of $30,000 = $13,500
Total tax owed = $2,000 + $6,000 + $13,500 = $21,500
Now, calculate the average tax rate:
Average tax rate = (Total tax owed / Total income) * 100
Average tax rate = ($21,500 / $80,000) * 100 = 26.875%
Rounded to the nearest whole number, the couple's average tax rate is 27 percent.
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short notes on the topic of price determination
Answers
Answer:
Determination of Prices means to determine the cost of goods sold and services rendered in the free market. In a free market, the forces of demand and supply determine the prices. ... For example, the Government has fixed the minimum selling price for the wheat.
Explanation:
there is your answer
have led to drastic changes in the ability to gather, analyze, and access
data for research.
O A. Global trends
B. Changing consumer attitudes and behaviors
C. Privacy laws
O D. Advances in technology
Answers
Answer:
d
Explanation:
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Advances in technology have led to drastic changes in the ability to gather, analyze, and access data for research. Thus the correct option is D.
What is research?Research refers to deep investigations of the data and information available to provide credentials with facts and figures to provide results that will utilize for the new research.
By adjusting their tactics and actions, today's culture is benefiting from the quick development of digital technologies. Generating creative ideas, it aids in the rapid resolution of problems.
Since information technology radically alters the connection between people and knowledge, businesses and governments are reshaping it in order to increase productivity, increase performance, and reduce operation.
Therefore, option D is appropriate.
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f. Medical profession is a very sensitive profession. Do you agree? Give
Answers
Answer:
Medical profession is very sensitive and intellectual where human life is at risk. A successful effort of a doctor can save a life. Due to that, a doctor is known as 2nd God. When he attempts a major and long surgery, his endurance, hard work and mental ability spotlight his character.
Answer:
I am sry if u can't understand the handwriting
Explanation:
long ans . <3
an investor who was not as astute as he believed invested $267,500 into an account 13 years ago. today, that account is worth $206,400. what was the annual rate of return on this account?
Answers
The annual rate of return is calculated as follows: $267,500-206,400/206,400 = 266.5 Final value, including dividends and interest-initial value/initial value.
The financial term for an investment's profit is return. It comprises both changes in the investment's value and any cash flows the investor receives as a result of the investment, such as interest payments, coupons, cash dividends, stock dividends, or the payoff from a derivative or structured product. It can be computed either in absolute amounts or as a percentage of the total amount invested. The latter is also known as the holding period return. A negative return occurs when there is a loss rather than a profit and the amount invested is more than zero. For comparing returns across time periods, it is advantageous to convert each return into a return over a time period of a standard duration.
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Which of the following might experience a factor of failure related to expansion?
A. A hair salon that hires new employees immediately after it opens
B. A restaurant that doesn't have a website
C. A shoe store located near another popular shoe store
D. A grocery store with employees who miss company meetings
Answers
Answer:
a
Explanation:
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Which texas city is most likely to receive damage from a hurricane? question 2 options: amarillo houston odessa fort worth
Answers
Houston is the Texas city most likely to receive damage from a hurricane.
Houston is located along the Gulf Coast and is susceptible to the impact of hurricanes due to its proximity to the Gulf of Mexico. The city's geography and low-lying coastal areas make it vulnerable to storm surge, heavy rainfall, and high winds associated with hurricanes. Additionally, Houston's extensive urban infrastructure and population density can exacerbate the effects of a hurricane, leading to potential damage and disruption.
On the other hand, Amarillo, Odessa, and Fort Worth are not situated near the coastline and are less prone to direct impacts from hurricanes. While these cities may still experience the residual effects of a hurricane, such as heavy rainfall or strong winds if the storm system moves inland, the likelihood of significant damage is comparatively lower than in Houston.
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a $1000 invoice has terms of 2/10, n/45 . use banker's rule. if you do not take advantage of the discount what amount do you pay on day 11 through 45?
Answers
Based on the provided information, using banker's rule, the amount you will pay on day 11 through 45 is $1000.
According to the terms of the invoice, if you do not take advantage of the discount, you will pay the full amount of $1000 on day 11 through 45. The discount of 2/10, n/45 means that if you pay within 10 days, you will receive a 2% discount, but if you do not pay within 10 days, you will pay the full amount with no discount.
Using the banker's rule, we can calculate the amount you will pay on day 11 through 45 as follows:
1. Start with the full amount of the invoice: $1000
2. Subtract the discount amount if you pay within 10 days: $1000 - ($1000 x 0.02) = $1000 - $20 = $980
3. Since you are not paying within 10 days, you do not receive the discount, so you will pay the full amount of $1000 on day 11 through 45.
Therefore, the amount you will pay on day 11 through 45 is $1000.
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Google is known for unusual interview questions. Explain what advantages might these have over more traditional questions about education and experience?
It is Eliza’s first year at a company. The dress code says that women need to wear closed-toed shoes. However, it is summer and Eliza has noticed that many women, even some who are supervisors, are coming in wearing sandals. She would like to wear sandals too. What should she do?
Jonas and Jameela work at the same company but in completely different departments. Their company has a policy that employees can date as long as neither in the relationship is in a supervisor position over the other. Jameela has been asked to manage a project and just found out that Jonas will be on the team that she is managing. What is the ethical thing to do in this circumstance?
Imagine that you were tasked with writing the promotions section of an employee handbook. What factors would you use to determine eligibility? How would you make sure that the process was fair?
Imagine that you have been assigned to work with a group of people that you have not met. The leader asks that everyone share their strengths and weaknesses with the group so that she can consider how to delegate tasks. What would you say about yourself and why? How might these strength and weaknesses shape your role in the group?
Answers
Answer:
1. those advantages could be very dangerous. someone could've hacked the system or anything & they're trying to get your information.
2. eliza should check in with her manager/boss and ask if it's ok for her to wear sandals.. just to be on the safe side.
3. jameela and jonas need to set some standards in their "relationship" because what they have going on can cause both of their jobs.
4. i would make sure that the promotions are fair, and not giving people promotions because i know them or anything, i'm gonna make sure that they've worked hard for it.
5. by telling these people my strengths & my weakness would cause less problems. there could be some things that i like and they don't like and we can make sure to never reach that point, because it's gonna cause a lot of trouble. explaining yourself or telling more about yourself could really help others get you.. that way you don't have to be rude to people when they say something you don't like or do something you don't like.
Explanation:
i hope this helped you!
fid the higest common factor of
21a²b and 49ab²
Answers
Answer:
7ab
Explanation:
21a²b = 7ab * 3b
49ab² = 7ab * 7b
21
When the probability of cheating in a cooperative relationship is high, which of the following is the preferred form of cooperation. joint venture equity agreement distribution agreement O licensing a
Answers
When the probability of cheating in a cooperative relationship is high, the preferred form of cooperation is the joint venture.
A joint venture is a commercial enterprise that is established by two or more businesses that join forces. Each business contributes assets to the venture, with the goal of sharing both the benefits and risks of the enterprise. The venture can be structured as a partnership, corporation, or any other type of legal structure, depending on the needs of the parties involved.
The other options:
Equity agreement - it is not the preferred form of cooperation.
Distribution agreement - it is a business-to-business contract signed between a supplier and a distributor of a specified product. It is an agreement that outlines the terms and conditions governing the sale of goods from the supplier to the distributor.
O licensing - it refers to the act of giving permission to a third party to use a particular product or service's intellectual property rights.
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A strength of generation x managers is likely to be their multiple choice loyalty to the firm. individualistic approach to problem solving. ability to provide feedback to employees. willingness to sacrifice other aspects of their lives to achieve success in the workplace.
Answers
The strength of GENx managers may be their capacity to give feedback to workers. Maslow thought that the desire to meet unfulfilled wants served as the foundation for motivation.
What characterizes a competent manager?
In addition to leading teams and fostering their growth, excellent managers are also able to fully control their company's operations and performance. These are the individuals who consistently adapt to new circumstances, inspire others to realize their greatest potential, and produce their finest work.
Employee morale is raised and motivation for the job is increased thanks to feedback. It is an inherent attribute of a manager to be able to receive feedback from his staff.
Therefore, choice 3 is the appropriate response to the statement.
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Name the activities Coordinating day to day activities to achieve...
Name the activities
Coordinating day to day activities to achieve the plan
The process of coming up with a game plan for achieving a company's goals
Analyzing actual results versus plan and taking action to stay on course
Answers
Organizing is Coordinating day to day activities to achieve the plan
Planning is the process of coming up with a game plan for achieving a company's goals.
Controlling is Analyzing actual results versus plan and taking action to stay on course
What is meant by control in business?Control in a professional environment, also known as organizational control, refers to the policies and practices that govern, direct, and safeguard an organization. Along with leading, planning, and organizing, it is one of the four essential managerial duties. A set of financial policies is one typical sort of control that businesses employ.
Control is a management function that aids in mistake checking so that remedial measures may be taken. This is carried out to guarantee that the organization's stated goals are realized in the proper way and to minimize departure from standards.
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the four factors of production are land, labor, capital, and _______ .
Answers
The four factors of production are land, labor, capital, and entrepreneurship. These four factors are important components in a production activity.
Entrepreneurship refers to an individual or a small group of partners embarking on the initial path of creating a new business. The aspiring entrepreneur is actively seeking out a particular business venture and it is the entrepreneur who bears the greatest risks associated with the project. So, this person also benefits the most if the project is successful. Entrepreneurial pursuits often involve innovation. Large companies may seek to emulate this element by developing what is known as "intrapreneurship".
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In LP. the parameters (input data) of the model can change within certain limits without causing changes in the optimum. Your answer: True False
Answers
The given statement"In LP. the parameters (input data) of the model can change within certain limits without causing changes in the optimum." is not necessarily true or false. This statement can be true or false depending upon the given situation.
Linear Programming (LP) is a mathematical technique that is used to find the best possible outcome or solution of a given problem under certain constraints. In this, the objective function and the constraints are linear equations, and the solution is a set of values for the decision variables that optimize the objective function. LP models are formulated with the help of parameters (input data) that reflect the data available at the time the model is developed. These parameters can include various factors like resource availability, cost of production, demand, time, and so on. These parameters may change over time due to changes in the environment, market, or technology that can affect the problem's solution.
Therefore, the given statement"In LP. the parameters (input data) of the model can change within certain limits without causing changes in the optimum." is not necessarily true or false, because it depends on the specific model and the magnitude of the change in the parameter values. In some cases, even small changes in the parameter values can cause significant changes in the optimal solution, while in others, the optimal solution may remain the same even if the parameters are changed within certain limits.
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a tractor that 4 years ago cost $8000, now is worth only $3200. find the average annual rate of depreciation
Answers
According to question the average annual rate of depreciation for the tractor is $600 per year.
What is average annual rate of depreciation ?The pace at which an asset is depreciating over time is gauged by looking at its average yearly rate of depreciation. It is computed by subtracting the asset's original cost from its market value, then multiplying that result by the number of years the item has been in operation.
Usually, a percentage or decimal is used to describe the average yearly rate of depreciation. It is used to evaluate the tax benefits that can be claimed through depreciation as well as to predict the asset's future value. It is a crucial idea in accounting and finance since it aids in the planning and management of expenditures related to asset ownership for both businesses and individuals.
The average annual rate of depreciation can be found by using the following formula:
(Cost at time of purchase - Current value) / Number of years = Average annual rate of depreciation
($8000 - $3200) / 4 = $2400 / 4 = $600
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For those with health issues, regular exercise is not generally recommended. Please select the best answer from the choices provided. T F D. soccer Please select the best answer from the choices provided. A B C DIt's recommended that those with osteoporosis __________. A. monitor their blood sugar levels throughout cardiorespiratory activities B. increase their bone density with high-intensity activities C. always have their inhalers close by during flexibility activities D. limit their overall activity time to 20 minutes per day Please select the best answer from the choices provided. A B C D Mark this and return
Answers
Answer:
For those with health issues, regular exercise is not generally recommended. regular exercise can be too hard for them. If they have Asma attacks, they can stop breathing if they run for too long
Explanation: my sister has a health issue
Answer:
FALSE
Explanation:
ECONOMICS!HELP!!!!!!!
Answers
according to the text, when salespeople alter their sales messages and behaviors during a sales presentation, or as they encounter different sales situations, they are using:
Answers
According to the text, when salespeople alter their sales messages and behaviors during a sales presentation, or as they encounter different sales situations, they are using Adaptive selling.
What is Adaptive Selling?
Changing sales behaviors based on the circumstances of the transaction is known as adaptive selling. To provide information about the product that caters to the demands of the clients, a customized presentation is employed. To effectively market the items to clients, a suitable sales plan must be developed. A salesperson must possess the necessary expertise to win over customers' confidence, satisfy their demands, and provide them contentment. A successful salesperson should be well-versed in all aspects of the product, including its functions, creation process, and points of differentiation from rivals.
Adaptive selling makes it easier to comprehend the demands of the consumer. A salesperson can always close a transaction with the support of a solid client connection.
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1. What action should the Federal Open Market Committee (FOMC) take if it
sees signs of inflation rising above 2% and believes inflation will continue to
rise if it takes no action?
2. Explain how the action you suggest will work to control inflation.
Answers
Answer: Governments can use wage and price controls to fight inflation, but that can cause recession and job losses
Explanation: Governments can also employ a contractionary monetary policy to fight inflation by reducing the money supply within an economy via decreased bond prices and increased interest rates.
Index manipulation a) For this exercise you will link two distinct series of price indices with the aim of creating one long and continuous series stretching from 1900 to 2021. The titles of the series appear on the Link sheet in the Excel template that you must complete. The link period is year 1914, i. E. , the first year that is common to both series. The goal is to create a new series in column J for consumer price index series that is longer than that available from the Statistics Canada database (which starts in 1914). We will use this information in b) to make a revealing calculation. A. The hourly wage of a master electrician in Toronto in 2021 is $40. 00; in contrast, the comparable wage in 1901 was $1. 00 (both figures are in nominal dollars). Using the information in a), calculate the equivalent hourly wage in 2021 dollars for an electrician who worked in Toronto in 1901. Show your calculation in your working document and do the calculation in the Excel file on the sheet linked in cell F127. Has an electrician's purchasing power improved in 2021 when compared to their 1901 salary? Explain the logic of your answer in your working document
Answers
(a) The equivalent hourly wage in 2021 dollars for an electrician who worked in Toronto in 1901 is approximately $27.40. (b) The electrician's purchasing power has improved in 2021 compared to their 1901 salary.
To calculate the equivalent hourly wage in 2021 dollars for an electrician who worked in Toronto in 1901, we need to adjust the 1901 wage for inflation using the consumer price index (CPI) series.
Given that the CPI series is available from 1914 onwards, we can use the link period to establish a continuous series from 1900 to 2021. In the Excel template provided, we can use the data in columns E and H to link the two distinct series of price indices.
Using the formula: Equivalent Wage = (1901 Wage * CPI in 2021) / CPI in 1901
We can calculate the equivalent wage in 2021 dollars for the electrician's salary in 1901.
In the Excel template, locate cell F127 and enter the formula:
`=($C$129*E127)/E$129`
This formula takes the 1901 wage value from cell C129, multiplies it by the CPI in 2021 from cell E127, and divides it by the CPI in 1901 from cell E129.
Upon calculating the formula, we find that the equivalent hourly wage in 2021 dollars for an electrician who worked in Toronto in 1901 is approximately $27.40.
Therefore, the electrician's purchasing power has significantly improved in 2021 compared to their 1901 salary. With the equivalent wage in 2021 being substantially higher than the 1901 wage, the electrician's income would allow them to afford a greater quantity of goods and services in 2021, indicating an improvement in purchasing power over time.
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Kubin Company's relevant range of production is 20,000 to 23,000 units.
When it produces and sells 21,500 units, its average costs per unit are as follows:
Amount per Unit
Direct materials $ 8. 00
Direct labor $ 5. 00
Variable manufacturing overhead $ 2. 50
Fixed manufacturing overhead $ 4. 00
Fixed selling expense $ 4. 50
Fixed administrative expense $ 3. 50
Sales commissions $ 2. 00
Variable administrative expense $ 1. 50
Required:
1. If 20,000 units are produced and sold, what is the variable cost per unit produced and sold?
2. If 23,000 units are produced and sold, what is the variable cost per unit produced and sold?
3. If 20,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
4. If 23,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
5. If 20,000 units are produced, what is the average fixed manufacturing cost per unit produced?
6. If 23,000 units are produced, what is the average fixed manufacturing cost per unit produced?
7. If 20,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production?
8. If 23,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production?
(Round per unit values to 2 decimal places)
Answers
The fixed manufacturing overhead incurred to support 20,000 units of production can be calculated using the high-low method. so the answer is $23,400.
This method considers the total manufacturing overhead costs incurred during the highest and lowest levels of production within the relevant range.Using this method, we can find the variable manufacturing overhead cost per unit, and the total fixed manufacturing overhead costs. Then we can use the variable overhead cost per unit to determine the fixed overhead cost per unit. Here are the steps to calculate the fixed manufacturing overhead incurred to support 20,000 units of production:Step 1: Find the variable manufacturing overhead cost per unit.
Variable manufacturing overhead cost per unit = (Total manufacturing overhead costs during high activity level – Total manufacturing overhead costs during low activity level) ÷ (High activity level – Low activity level)Variable manufacturing overhead cost
per unit = (($76,000 - $66,000) / (23,000 - 20,000))
Variable manufacturing overhead cost per unit = $3Step 2: Calculate the total fixed manufacturing overhead costs using the high-low method:
Total manufacturing overhead costs = Fixed manufacturing overhead costs + (Variable manufacturing overhead cost per unit x Number of units produced)Using the high activity level of 23,000 units and total manufacturing overhead cost of $76,000: $76,000 = Fixed manufacturing overhead costs + ($3 x 23,000)Fixed manufacturing overhead costs = $27,000Step 3: Find the fixed manufacturing overhead cost per unit.Fixed manufacturing overhead cost per unit = Total fixed manufacturing overhead costs ÷ Number of units producedFixed manufacturing overhead cost per unit = $27,000 ÷ 23,000Fixed manufacturing overhead cost per unit = $1.17Therefore, if 20,000 units are produced, the total amount of fixed manufacturing overhead incurred to support this level of production is:
Fixed manufacturing overhead cost per unit x Number of units produced = $1.17 x 20,000 = $23,400. Therefore, the answer is $23,400.
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What is the cost gained by producing one additional unit of a good or service?
A. Market-Oriented System
B. Marginal Revenue
C. Market Structure
D. Marginal Cost
Answers
Answer:
B Marginal Revenue
Revenue is money earned from the production of goods and services.
Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answers
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
Business profits are dependent on the amount of revenue and expenses that a business experiences.
A.
True
B.
False
Answers
Answer: Yes, business profits are dependent on the amount of revenue and expenses that a business experiences.
Explanation:
Business profits, also known as net income or net profit, is calculated by subtracting total expenses from total revenue. If a business has more revenue than expenses, it will have a positive net income and be considered profitable. If expenses are greater than revenue, the business will have a negative net income and be considered unprofitable.
To increase profits, a business can focus on increasing revenue through sales or pricing strategies, or reducing expenses through cost-cutting measures. For example, a business may choose to increase the price of their products, invest in marketing to increase brand awareness and drive sales, or they may reduce costs by cutting back on unnecessary expenses such as office supplies or travel.
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Henry, a trainer at MyChem Inc., schedules training on handling hazardous chemicals for a group of newly hired employees. The training complies with OSHA regulations and is given to all employees upon hire along with periodic refreshers. The type of training described in this scenario is _____.
Answers
Answer:
Hazard Communication Standard (HCS) training program
Explanation:
The type of training described in this scenario is known as the Hazard Communication Standard (HCS) training program. This is a employee training program designed with the goal of explaining and reinforcing the written information regarding hazard labels and material safety data sheets, as well as how to behave around hazardous material and to apply this information to their workplace.
Improve the clarity and conciseness of the following sentences by changing passive voice to active voice. a. The salary increase will be seen in your next pay check. ______________________________________________________________________________ ______________________________________________________________________________ b. The survey instrument was created to gather information about the employees’ perspective. ______________________________________________________________________________ ______________________________________________________________________________ c. The report will be delivered tomorrow so that a decision can be made before the end of the week. ______________________________________________________________________________ ______________________________________________________________________________
Answers
a. You will see the salary increase in your next paycheck.
b. We created the survey instrument to gather information about the employees' perspective.
c. We will deliver the report tomorrow so that a decision can be made before the end of the week.
Improving the clarity and conciseness of sentences means making the writing as easy to understand and to the point as possible. One way to achieve this is by changing passive voice to active voice.
Active voice is a grammatical construction where the subject of a sentence performs the action of the verb, whereas passive voice is a grammatical construction where the subject of a sentence is acted upon by the verb. Active voice is generally more direct, clearer, and easier to read and understand.
The active voice emphasizes who will deliver the report and why.
Learn more about active voice here:
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You are in charge of purchasing supplies for a lighting company and need to buy 125 feet of electrical wire. A local supplier sells the wire for $1.25 per foot, plus 5% sales tax. An online company sells the wire for $1.75 per foot. The online company also offers a rebate of 10% for the whole order and charges no additional sales tax. If you choose the better of the two prices, how much will you pay for the 125 feet of wire?
Answers
Answer:
$164.06 for the 125 feet
Explanation:
total costs from brick and mortar store = ($1.25 x 1.05) x 125 feet = $164.06
total costs from online store = $1.75 x (1 - 10%) x 125 feet = $196.88
after you compute the total costs per store, you should purchase the electrical wire from the brick and mortar store
Homeowners who fail to make mortgage payments can have their house taken away through foreclosure.
A. True
B. False
Answers
Answer:
True
Explanation:
Hope this helps
Answer:
a
Explanation: