Answer:
$7.5 per machine hour
Explanation:
The computation of the budgeted manufacturing overhead rate is shown below:
The budgeted manufacturing overhead rate = Estimated manufacturing overhead costs ÷ Estimated machine hours
= $300,000 ÷ 40,000 machine hours
= $7.5 per machine hour
In order to compute the budgeted manufacturing overhead rate we simply divided the estimated manufacturing overhead costs by the estimated machine hours.
I would calculate her return on investment by using this formula ((Profit from client's products - AdWords Expense)/Adword Expense * 100%). Therefore, you could achieve 42.85% (($1000-$700)/$700 * 100%) return on investment from your investment in the Adwords. The profit from the client's product is $1000 (10 * ($150-$50)).
Answer:
Option A
Explanation:
Exercise price is the base price at which a share can be sold and is called the strike price of an option, increase in exercise price would reduce its market value because the value is the difference between it exercise price and market price.
Answer:
$202,409
Explanation:
Firstly, we will need to calculate Break even in sales dollar for division Q using the formula;
= Division Q fixed cost / contribution margin ratio
Division Q fixed cost = $89,060
But,
Contribution margin ratio = Contribution margin / Sales
Contribution margin ratio = $161,920 / $368,000
Contribution margin ratio = 44%
Therefore, the Break even in sales dollar for Division Q
= $89,060 / 44%
= $202,409
The Break even in sales dollars for Division Q is closest to $202,409
Answer:
gross profit under FIFO = $40,570 - $25,220 = $15,350
gross profit under LIFO = $40,570 - $26,340 = $14,230
gross profit under weighted average = $40,570 - $26,240 = $14,330
gross profit under specific id. = $40,570 - $26,070 = $14,500
Explanation:
sales revenue = (290 x $86.60) + (160 x $96.60) = $40,570
COGS under FIFO:
130 x $51.60 = $6,708
160 x $56.60 = $9,056
80 x $56.60 = $4,528
80 x $61,60 = $4,928
total COGS = $25,220
COGS under LIFO:
240 x $56.60 = $13,584
50 x $51.60 = $2,580
160 x $63.60 = $10,176
total COGS = $26,340
COGS under weighted average:
weighted average = [(130 x $51.60) + (240 x $56.60) + (100 x $61.60) + (180 x $63.60)] / 650 = $58.31
450 x $58.31 = $26,239.50 ≈ $26,240
COGS under specific method:
80 x $51.60 = $4,128
210 x $56.60 = $11,886
60 x $61.60 = $3,696
100 x $63,60 = $6,360
total COGS = $26,070
