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lys-0071 [83]
2 years ago
8

A manufacturing company has budgeted production of 940 for the month. Each unit requires $1.25 in variable overhead cost. The bu

dgeted fixed cost is $950 per month. The total budgeted overhead cost will be $_____________.
Business
1 answer:
Pie2 years ago
6 0

The total budgeted overhead cost for a single unit is $2.26. The calculation of the budgeted overhead is formulated below.

<h3>What is Inventory?</h3>

Inventory is the current asset of a company, which the company sells to generate revenue and profits, the inventory is reported in the statement of financial position in the assets side under the current asset head. The details about the inventory can be checked and reviewed in the notes to the financial statements.

In a service sector company there is no inventory, but a manufacturing and those companies which sell goods have large amount of inventory.

The budgeted overhead can be calculated as:

The total per unit variable cost + Fixed costs per unit.

Calculating fixed cost per unit

$950 / 940 units = $ 1.01

The total per unit variable cost + Fixed costs per unit.

$1.25 + $ 1.01 = $ 2.26

Learn more about Inventory at brainly.com/question/27071254

#SPJ1

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Answer:

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4 years ago
A kilobyte (kb) is equal to ____ bytes, but is usually thought of as approximately 1,000 bytes.
hoa [83]
The answer is 1 KB is equal to 1024 Bytes
6 0
3 years ago
Gary is the marketing manager for an automobile dealership. his boss tells him the firm's primary goal is to increase its local
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4 years ago
Sara wants to start her own business. She is not sure if she wants to be a sole proprietor or get a partner. She asks a financia
lorasvet [3.4K]

Answer:

B) She has to share all of the profits with the partner.

Explanation:

A partnership is a business owned by two or more parties while a sole proprietorship is owned by one person. In the former, decisions are made jointly and the process might take long since all partners must consent to it. Another disadvantage is that all profits are shared between or among all partners unlike a sole proprietorship where the owner takes all the profits.

8 0
3 years ago
Read 2 more answers
According to empirical research, in countries where stockholders' rights are strong, firms issue ____ stock than in countries wh
gavmur [86]

According to empirical research, in countries where stockholders' rights are strong, firms issue <u>More </u>stock than in countries where stockholders' rights are weak. Researchers conclude that strong stockholders' rights <u>reduce</u> moral hazard in stock markets.

<u>Explanation</u>

A <u>Moral hazard</u> is said to have occurred when one party (i.e insured Party) increases its exposure to risk  ,because some other party bears the cost of those Risk.It reflects the tendency of a person to take more risk as the consequence of the risk taken has to be beard by some other party

<u>The moral hazard problem is </u><u>less </u><u> severe in bond markets than in stock markets. In addition, moral hazard arises in bond markets when firms issue bonds with high default risk.</u>

<u />

So it is appropriate to say that , in countries where stockholders' rights are strong, firms issue <u>More </u>stock than in countries where stockholders' rights are weak. Researchers conclude that strong stockholders' rights <u>reduce</u> moral hazard in stock markets.

3 0
3 years ago
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