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3 years ago

12

What is the pricing objective of a firm that adjusts price levels so it can increase sales volume to match organizational expens

es?

1 answer:

castortr0y [4]3 years ago

8 0

The pricing objective of a firm that adjusts price levels so it can increase sales volume to match organizational expenses is survival.

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Youngstown Rubber reports the following data for its first year of operation. Direct materials used $710,200 Direct Labor 350,00

ser-zykov [4K]

Answer:

$1,160,300

Explanation:

Total Manufacturing Costs are all costs related to the production of goods to be sold. This consists of direct costs such as labor and material and other indirect costs such as electricity and rentals.

<u>Calculation of total manufacturing costs :</u>

Cost of goods manufactured 1,030,300

Add Closing Work In Process 130,000

Less Beginning Work In Process 0

Total manufacturing costs $1,160,300

6 0

3 years ago

In a capitalist system, what are the goods and tools that are used to make products?

Eddi Din [679]

The means of production

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3 years ago

Which of the following would shift the supply of dollars in the market for foreign-currency exchange of the open-economy macroec

avanturin [10]

Answer:

b. The expected rate of return on U.S. assets rises

Explanation:

An open economy is one that interacts freely with the other economies of the world, the one economy of the united states is very large and includes the imports and exports of huge quantity including the goods and services.

In an open economy, macroeconomic model assets are bought and supplied to the economy a this creating an outflow of the capital as more of the buying of the assets creates a net capital outflow leading to an increase of the expected rate of return of assets. As the country can spend more than it produces.

7 0

3 years ago

Statutes that require proof of character and skill and impose penalties for violation are considered to be revenue-raising in na

denis23 [38]

I think its true. I don't think its false so true

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3 years ago

Wheeler’s Bike Company manufactures custom racing bicycles. The company uses a job order cost system to determine the cost of ea

Elan Coil [88]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Estimated overhead costs:

Factory machinery depreciation 59,000

Factory supervisor salaries 140,500

Factory supplies 43,900

Factory property tax 27,750

Total overhead= 271,150

1)

First, we need to determine the estimated direct labor hours for the period:

Factory direct labor= 215,558

Direct labor rate= $12.11

Direct labor hours= 215,558/ 12.11= 17,800 hours

Now, we can calculate the estimated overhead rate:

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 271,150/17,800= $15.23 per direct labor hour

2) To apply overhead, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 15.23*18,900= $287,847

6 0

3 years ago