The variable selling and administrative expense per unit sold is $2.00. The fixed selling and administrative expense per month is $69,000. If we assume that there is no fixed manufacturing overhead and the variable manufacturing overhead is $10 per direct laborhour, what is the estimated unit product cost? (Round your answes to 2 decimal places.)
Answers
The estimated unit product cost is $12.00. The estimated unit product cost can be calculated as the sum of variable manufacturing cost per unit and variable selling and administrative expense per unit.
Variable manufacturing cost per unit: $10 (variable manufacturing overhead per direct labor hour)
Variable selling and administrative expense per unit: $2.00
Estimated unit product cost:
= Variable manufacturing cost per unit + Variable selling and administrative expense per unit
= $10 + $2.00
= $12.00
Therefore, the estimated unit product cost is $12.00.
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Related Questions
to be eligible for a selective reenlistment bonus (srb), you should complete what minimum number of months continuous active navy service
Answers
You have to complete 21 months to be eligible for a selective reenlistment bonus (srb) in continuous active navy service.
What is selective reenlistment bonus?The Selective reenlistment Bonus, or SRB, programme is a financial incentive given to active-duty Airmen and Guardians who reenlist for extended required service while performing specific designated military abilities. The maximum SRB payable today is $180,000 for a 6-year reenlistment, or $30,000 per year of further required service. During your military service, you could be eligible for SRBs worth up to $360,000. Typically, 50% of the bonus is paid in one lump payment at the time of reenlistment. An Army soldier who has served for at least 17 months continuously on active duty (other than for training) and who is proficient in a crucial military skill may be eligible for a reenlistment bonus.
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wilson electric reports income tax expense of $151,000. income tax payable at the beginning and end of the year are $20,200 and $25,300, respectively. what is the cash paid for income taxes during the year?
Answers
according to the question $104,700 is the cash paid for income taxes during the year.
Why is there an income tax?An individual must pay the individual income tax, sometimes known as the personal income tax, on all of their annual income, including wages, wages, dividends, interests, and other types of income. The state where the income is derived often levies the tax.
How is income tax such a big deal?Taxes are used by the government to pay for a range of social welfare, including measures to create jobs. The government is responsible for covering the administrative expenses for the different departments' thousands of employees.
Briefing:cash paid = income tax expense - (income tax payable at the beginning + end of the year)
= $151,000 - ($20,200 + $25,300)
= $105,500
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The value of what must be foregone in order to undertake an activity is known as Multiple choice question. opportunity cost. a trade-off. economic surplus.
Answers
In business, people often make choices. Opportunity Cost is the value of what must be foregone in order to undertake an activity.
What is opportunity cost?The economists often refer to this type of cost as the amount or the value of the next highly rated alternative use of one's money or resource.
An example is when a person spend their time and money going to a shop, one cannot spend that time at cooking, and you even did not spend the money on other things.
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"Development has a negative impact on our environment" Motivate why you agree with the
statement
[8]
Answers
industrial lead to water pollution
describe two schemes to crash a website?
Answers
Expired domains and incompatible plugins are the two main schemes to crash a website. Expired domains are those that have been registered by people, companies, or organizations but that are not renewed after the agreement expires or are purposefully cancelled.
They are therefore eligible for re-registration. There are several reasons why someone can decide to give up on a domain name; among them are the failure of a web project or the liquidation of a domain portfolio.
Additionally, domains may wind up being free once the owner is warned about potential trademark infringement. Re-registering may also have legal repercussions.
Expired domains are those that have been registered by people, companies, or organizations but that are not renewed after the agreement expires or are purposefully cancelled. They are therefore eligible for re-registration.
There are several reasons why someone can decide to give up on a domain name; among them are the failure of a web project or the liquidation of a domain portfolio.
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your roommate says, "sales taxes are reported as an expense in the income statement." do you agree?
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When an item is sold to a customer, sales tax applies. This is categorized as a current liability that must be paid to the government rather than a cost.
Does VAT correspond to sales tax?A flat tax assessed on an item is known as value-added tax (VAT). It is similar to a sales tax in some ways, but unlike a sales tax, the consumer pays the entire amount owed to the government at the point of sale. With a VAT, different parties to a transaction each pay a portion of the tax.
What is an illustration of a sales tax?Take a look at this sales tax illustration. Before you check out at The Clothing Boutique, you should estimate your final bill after taxes. The sum of the prices of the items in your cart adds up to $100. In that county, the sales tax is 9.5%, so you would divide $100 by 9.5% (100 x 0.095).
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a) Miranda needs to build new shelves in her pantry to store all these items. She wants to put each type of item on a separate shelf. The shelves will be able to support 25 lbs. Will the new shelves be able to support her current supply of powder goods? Use the conversion table below and a spreadsheet to help you determine the answer. (2 points)
Answers
Answer: yes
Explanation:
Converting each to pounds it equals 13.3 pounds
Miranda needs to build new shelves in her pantry to store all these items. Yes, the new shelves be able to support her current supply of powder goods.
What do you understand by the supply of goods?The following are included in a supply of goods: the agreement-based transfer of property rights over things. the commission-based sale of moving items by an agent or auctioneer.
They must be carrying out an action in their own name under another person's orders. delivery of items under a hire-purchase agreement.
Demand and supply have a strong relationship that influences market equilibrium, which determines the amount of items available on the market and their selling prices.
Here,
Converting each to pounds it equals to 13.3
pounds
Standard 1 pound (lb) = 16 ounces (oz)
Metric 1 kilogram (kg) = 1000 grams (g)
Metric to standard 1 kilogram = 2.20 pounds
Standard to metric 1 pound = 0.45 kilograms
Therefore, Miranda needs to build new shelves in her pantry to store all these items. Yes, the new shelves be able to support her current supply of powder goods.
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Complete question is attached with the image.
need help What were Law’s plans?
Answers
Answer:
Law created a private national bank and issued paper money, based on the wealth of the French government, in the hopes to pull France out of debt.
-BBBM
when business owners look at leading economic indicators, they generally are doing this to help predict what will happen over the following___
three to nine weeks
there to six years
six to nine months
three to six months
Answers
If the price elasticity of demand for a good is 0.25, then a 20 percent decrease in price results in a
A. 0.0125 percent increase in the quantity demanded.
B. 4 percent increase in the quantity demanded.
C. 5 percent increase in the quantity demanded.
D. 80 percent increase in the quantity demanded.
Answers
Answer:
B
Explanation:
100÷2=5 because if 20 percent was decreased then the quantity must have increased by 5 due to difference
Virtual locations used only for posting job openings are called
job fairs
job search websites
referrals
social media
Answers
Virtual locations that are used only for posting job openings are job search websites.
It should be noted that job search websites are the websites where the people that are looking for jobs can log on to and search for the jobs that meet their skills. On the other hand, a job fair isn't virtual, it is a career fair where recruiters get candidates that can fill certain positions in a company. Also, a referral is when a person tells the job seeker to go and meet another individual regarding a job.Lastly, it should be noted that social media isn't used for posting jobs alone. There are several things posted on social media.In conclusion, the correct option is B
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Answer:
Job Search Website
Explanation: verified answer
The value of the existing venture plus the proceeds from the potential new equity issue is known as: Group of answer choices pre-money valuation post money valuation staged financing the capitalization rate
Answers
What are the cons of a mixed market for most citizens?
Answers
Cons of a Mixed Economy :: 1. Less Predictability: It can be difficult to predict the direction of a mixed economy, since both the public and private sector are involved in making decisions.
2. Inequality: The private sector may produce more wealth, leading to increased inequality and social unrest.
3. Limited Government Control: Government intervention in a mixed economy is limited, which may lead to an inefficient allocation of resources.
4. Market Failure: The private sector may not always act in the best interest of the public, leading to market failure and economic instability.
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A physical item that can be touched is called
Answers
Answer:
Persom
Explanation:
strategy is a plan to use and develop core competences so that the organization can not only protect and enlarge its domain but can also expand into new domains. group of answer choices business-level environmental-level functional-level corporate-level
Answers
Business-level strategy is a plan to use and develop core competences so that the organization can not only protect and enlarge its domain but can also expand into new domains.
What does an organization's main purpose?In order to accomplish the purpose, a group of services, goods, and/or activities known as a core function must be performed. A core function can be comparable to a line of business in the private sector. Core functions integrate agency planning and performance initiatives with allocated monies in addition to explaining to Iowans what the state government does. Decision-makers and stakeholders will be able to see trends in budget allocations for core functions and changes in financing across agencies.
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.Which of the following factors would tend to be consistent with a downward-sloping yield curve?
a. A high and positive default risk premium.
b. A high and positive maturity risk premium.
c. The absence of a liquidity premium.
d. Expected inflation is expected to decline in future years.
Answers
The factor that would tend to be consistent with a downward-sloping yield curve is option d, where expected inflation is expected to decline in future years.
The answer is d. Expected inflation is expected to decline in future years. When considering the following factors, a downward-sloping yield curve tends to be consistent with declining expected inflation in future years.
This is because lower expected inflation will result in lower nominal interest rates, which would cause long-term bond yields to be lower than short-term bond yields, leading to a downward-sloping yield curve.
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The factor that would tend to be consistent with a downward-sloping yield curve is option d, where expected inflation is expected to decline in future years.
The answer is d. Expected inflation is expected to decline in future years. When considering the following factors, a downward-sloping yield curve tends to be consistent with declining expected inflation in future years.
This is because lower expected inflation will result in lower nominal interest rates, which would cause long-term bond yields to be lower than short-term bond yields, leading to a downward-sloping yield curve.
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to some marketers and company executives, the only measure that should be used to evaluate marketing is:
Answers
To some marketers and company executives, the only measure that should be used to evaluate marketing is sales.
Sales are actions involving the exchange of products or the quantity of merchandise exchanged over a predetermined period of time. A service that is rendered for a charge is also included in a sale.
The term "sales" is used to describe all actions taken to sell a good or service to a customer or business. However, in actuality, it symbolizes much more. To close a sale successfully, a lot of work must be put into finding prospects, developing relationships, and offering consumers solutions.
Marketing metrics show how well marketing efforts adhere to important performance criteria and evaluate their effectiveness (KPIs). Without them, marketing teams would be unable to assess the success of their marketing strategy. They are among the most important elements of every campaign.
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ppens
Which of these is not a source of bank credit?
A Credit Card
A Cash Value Loan
A Mortgage
• An Equity Loan
Answers
What is an asset in accounting?
A. Anything a company owns, including cash
B. Anything a company owns, minus liabilities
C. Anything a company owns, except cash
D. Anything a company owes to another business or individual
Answers
Answer:
A business asset is an item of value owned by a company. Business assets span many categories. They can be physical, tangible goods, such as vehicles, real estate, computers, office furniture, and other fixtures, or intangible items, such as intellectual property.
Explanation:
Answer:
A. Anything a company owns, including cash
Hope this helps :)
Describe your most recent customer service experience in detail and what skills do you think could be applied to this position?.
Answers
A recent customer service experience could be described as one in which the representative served a meal with a smile on his/her face. Skills that could be applied to this position are patience, kindness, and empathy.
What is Customer Service?Customer service refers to the measures that are employed in delivering optimum service to customers.
The quality of service rendered will determine if the customer will want to patronize the business again. Effective communication and empathy are some skills required for this role.
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Routine tasks and paperwork, as well as jobs that help your subordinates grow, are tasks that
A) a manager should delegate, according to Edgar Schein.
B) a manager should not delegate, according to Edgar Schein.
C) a manager should never delegate, according to Frank Gilbreth.
D) should be delegated, according to Maslow.
E) should not be delegated, according to Maslow.
Answers
According to Edgar Schein, routine tasks and paperwork should be delegated by a manager. This is because these tasks do not require the expertise or experience of a manager and can be done by subordinates.
Schein believes that delegating such tasks not only saves time for managers but also helps subordinates to develop their skills and knowledge. By delegating routine tasks, a manager can focus on more important tasks such as planning, decision-making, and leading the team. However, when it comes to jobs that help subordinates grow, Schein believes that a manager should not delegate them. These tasks include training, coaching, and mentoring. Schein argues that a manager's role is not only to manage tasks but also to manage people. Thus, a manager should take an active role in developing their subordinates' skills and knowledge. On the other hand, Frank Gilbreth believed that a manager should never delegate any task. He argued that a manager's role is to oversee every aspect of the organization and ensure that all tasks are done correctly. However, this approach is not practical in today's business world, where managers have to deal with a large number of tasks and subordinates.
Maslow's theory of hierarchy of needs suggests that managers should delegate tasks that do not fulfill the higher-order needs of subordinates. Routine tasks and paperwork fall under the lower-order needs of physiological and safety needs, which can be fulfilled by subordinates. However, jobs that help subordinates grow fall under the higher-order needs of self-actualization and esteem, which should not be delegated.
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How are scarcity and the laws of supply and demand connected?
Answers
Answer:
Scarcity and supply and demand are connected because they determine how much the product costs. First of all, scarcity describes supply. If a product is scarce and demand is high, the supplier would raise the costs for the product, but if there is plenty of supply, and low demand, the supplier would decrease the costs.
Who is mr. wolfshiem? question 4 options: he is the owner of gatsby's favorite restaurant in new york. he secretly arranged to have a member of the mob murdered outside the restaurant. he is jordan baker's coach and manager. he thinks jordan is spending too much time with nick and not enough on her golf. he is a racketeer and a business associate of gatsby's. he fixed the 1919 world series. he is the president of the company where nick is working. he wants to bring gatsby in on a new real estate deal.
Answers
Mr. Wolfshiem is secretly arranged to have a member of the mob murdered outside the restaurant. Therefore, option B is correct.
Who is Mr. Wolfshiem ?Wolfsheim is a dubious individual, having connections to the underworld of commerce. He gives Nick the sense that Gatsby's money may have an unsavory origin, and that Gatsby may even be connected to the same type of organized crime that Wolfsheim is.
Wolfsheim informs Nick that Gatsby is a "Oggsford" man and a "Oggsford gentleman" who is "extremely careful with women" while Gatsby is absent from the table. Gatsby is the "sort of man you'd like to take home and introduce to your mother and sister," according to Wolfsheim.
Thus, option B is correct.
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The quantity demanded of chicken breasts increased 14% when the price of ground beef increased 12%. Calculate crossprice elasticity of demand for chicken breasts. Round your answer to the nearest hundredth. Provide your answer below:
Answers
Cross-price elasticity of demand = (Q2 - Q1) / (P2 - P1) * (P1 / Q1).
To round the answer to the nearest hundredth, we can use a calculator or spreadsheet software to perform the calculation and round the result.
To calculate the cross-price elasticity of demand for chicken breasts, we need to determine the percentage change in the quantity demanded of chicken breasts relative to the percentage change in the price of ground beef.
First, we need to find the percentage change in the quantity demanded of chicken breasts. The question states that the quantity demanded of chicken breasts increased by 14% when the price of ground beef increased by 12%.
To calculate the percentage change, we can use the formula:
Percentage Change = (New Value - Initial Value) / Initial Value * 100.
Let's assume the initial quantity demanded of chicken breasts was Q1, and the new quantity demanded after the price increase is Q2.
Percentage change in quantity demanded of chicken breasts = (Q2 - Q1) / Q1 * 100.
Next, we need to find the percentage change in the price of ground beef, which is given as 12%. Let's assume the initial price of ground beef was P1, and the new price after the increase is P2.
Percentage change in price of ground beef = (P2 - P1) / P1 * 100.
Now, we can use the formula for cross-price elasticity of demand:
Cross-price elasticity of demand = Percentage change in quantity demanded of chicken breasts / Percentage change in price of ground beef.
Substituting the values we calculated earlier, we have:
Cross-price elasticity of demand = ((Q2 - Q1) / Q1 * 100) / ((P2 - P1) / P1 * 100).
Simplifying the equation, we have:
Cross-price elasticity of demand = (Q2 - Q1) / (P2 - P1) * (P1 / Q1).
To round the answer to the nearest hundredth, we can use a calculator or spreadsheet software to perform the calculation and round the result.
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everyone here is a pleb
Answers
Step by step explanation:
Answer:
no no no no no no no no no no no
On January 1, 2017, Robinson Company purchased Franklin Company at a price of $2,500,000. The fair market value of the net assets purchased equals $1,800,000.
What is the amount of goodwill that Robinson records at the purchase date?
Explain how Robinson would determine the amount of goodwill amortization for the year ended December 31, 2017.
Robinson Company believes that its employees provide superior customer service, and through their efforts, Robinson Company believes it has created $900,000 of goodwill. How would Robinson Company record this goodwill?
Answers
On January 1, 2017, Robinson Company purchased Franklin Company at a price of $2,500,000. The fair market value of the net assets purchased equals$1,800,000. Thus the amount of goodwill that Robinson records at the purchase date is $700,000.
What is the calculation?Step 1
Given that the entire Franklin Company was purchased by Robinson Company, goodwill should be recorded.
To solve for the purchased goodwill, we have
Goodwill= Purchase price of the company−Market value of the individual net assets
=$2,500,000−$1,800,000
= $700,000
Thus, the purchased goodwill is valued at $700,000.
Step 2
Goodwill is recorded as an asset and is not amortized, thus there will be no amount for goodwill amortization for year ended December 31, 2017. Instead, goodwill is tested for impairment annually.
Step 3
Goodwill is recorded only when it is acquired upon purchase. In this case, since goodwill is based solely on the employees' efforts of providing superior customer service, Robinson Company should not record it.
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When is it appropriate to use a nontraditional résumé?
Answers
Answer: Nontraditional resumes are ideal for job seekers in particularly creative industries, such as marketing and design. More specifically, online resumes are helpful for applicants who want to post films, sound clips, photographs, or other pieces of work related to their industry.
Explanation:
Which of the following types of transactions would be reported as a cash flow from investing activity on the statement of cash flows?
Answers
The type of transactions that would be reported as a cash flow from investing activity on the statement of cash flows is the Purchase of noncurrent assets. Thus, option D is correct.
Operating, investing, and financing operations are the three main categories under which the statement of cash flows is broken down. Depending on the type of cash inflows or withdrawals and the accompanying financial statement accounts impacted, transactions are classified as activities.
The acquisition of noncurrent assets is the kind of transaction that would be included as a cash flow from investing activity on the statement of cash flows. Therefore, it can be concluded that option D is correct.
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Your question was incomplete, probably the complete question was.....
(a) Issuance of bonds payable
(b) Issuance of common stock
(c) Purchase of treasury stock
(d) Purchase of noncurrent assets.
List 5 Entrepreneural qualities
Answers
Explanation:
resolute motivation and passion, creative thinking, self discipline, risk taking ability, and persistence
Membership in the Future Business Leaders of America (FBLA) has nearly limitless benefits, including scholarships.
True
False
Answers
Answer:
True.
Explanation:
I think this will be the answer.