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inna [77]
2 years ago
5

A company sells a product for $3. Direct materials are $1.80 per unit. The company prepares a flexible budget at two sales volum

es. At a sales volume of 50 units, budgeted direct materials will be $ . At a sales volume of 60 units, budgeted direct materials will be $
Business
1 answer:
strojnjashka [21]2 years ago
3 0

Answer:

$150 for budgeted direct materials and $180 for budgeted direct materials.

Explanation:

You take direct materials of 1.80 x sales volume of 50 units= budgeted direct material $90

To find a sales volume of 60 units, you take $1.80 of direct material X sales volume of 60 units= budgeted direct material of 108.

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N76 [4]
Current market conditions
8 0
3 years ago
The records at smith and​ jones, inc. show that job 110 is charged with​ $12,000 of direct materials and​ $11,000 of direct labo
WARRIOR [948]

To solve:

Direct marterial cost = $12,000

Direct labor cost = $11,000

Manufacturing overhead = 85% of direct labor cost = $9,350


Add up all of the costs for the total cost of Job No. 110.

$12,000 + $11,000 + $9,350 = $32,350.

3 0
3 years ago
A hospital needs 2,900 units of a medicine throughout the year. The purchasing cost varies with the size of the order. If the nu
Rom4ik [11]

Answer:

a. 100 units are ordered  

b. Minimum Total annual cost = 80090

Explanation:

Given that,

D=2900.

C = $30 IF q<100

    = $27 IF 100<Q<499.

    = $26 IF Q>500.

C(H) = $30

C(O) = $10.

EOQ = √(2*D*C(O)/C(H))

        = √( 2*2900*10/30)

        = √( 1933.3333)

         = 43.97

TAC if 44 units are ordered =  (2*D*C(O)*C(H))+D*C

                                             = 2*2900*10*30+ 2900*30

                                             = 1319.09+ 87000 = 88319.09

TAC if 100 units are ordered  = 2900/100*10+ 100/2*30+ 2900*27

                                                = 29*10+ 50*30+2900*27

                                                = 290+1500+78300

                                                = 1790 + 78300 = 80090

if 500 units are ordered  = 2900/500*10+ 500/2*30+2900*26

                                        = 58+ 7500+75400= 82958.

∴ we get

100 units are ordered  

Minimum Total annual cost = 80090.

5 0
3 years ago
In terms of the number and dollar volume of transactions, the b2b market is __________ the consumer market.
Alexandra [31]

Answer:

Larger than

Explanation:

The b2b market which is the business to business market is larger than the consumer market in terms of number and dollar volume of transactions. This is majorly due to the fact that business to business transactions entails wholesaling transactions, while consumer markets entails retailing transactions. Thus, in b2b, the amount of goods bought by a business is usually larger than what is being bought by an individual in the consumer markets. The transactions in b2b markets are much more bigger than the transactions in consumer markets in terms of monetary value.

4 0
4 years ago
Per Chevron’s 3Q 2013 filing, what was the percentage change in diluted EPS when comparing nine months ended September 30, 2013
Rufina [12.5K]

Answer:

-11.43%.

Explanation:

According to the 10Q which is filling by third quarter Chevron Corporation

Net Income Allocate to Chevron corporation diluted per share for 9-months earnings  in Q32013 is $8.52

Net Income Allocate to Chevron corporation diluted per share for 9-months earnings   in Q32012 is $9.62

So, the change in percentage is

= {(8.52 - 9.62) ÷ 9.62} × 100

= -11.43%

Therefore, the change in percentage for 9-months of diluted EPS from Q32013 to Q32012 is -11.43%.

The financial information Source depicts the Chevron 10Q report on its website.

5 0
4 years ago
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