1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alexxandr [17]
3 years ago
15

Excerpt from Areojet Corporation Per Unit Per Month Selling price $ 200,000 Direct materials 40,000 Direct labor 10,000 Variable

manufacturing overhead 2,000 Fixed manufacturing overhead $ 140,000 Variable selling and administrative expenses 20,000 Fixed selling and administrative expenses 40,000 January February March Beginning inventory 0 0 3 Units produced 4 5 2 Units sold 4 2 5 Ending inventory 0 3 0 What is the unit product cost for the month of February, using the absorption costing method? 52,000 80,000 87,000 122,000
Business
1 answer:
Yuri [45]3 years ago
8 0

Answer:

Absorption Cost                           $192,000

Variable Cost                           $52,000

Explanation:

Areojet Corporation

Absorption Costing

                          Unit Product Cost

Direct materials 40,000

Direct labor 10,000

Variable manufacturing overhead 2,000

Fixed manufacturing overhead $ 140,000

Absorption Cost                           $192,000

Areojet Corporation

Variable Costing

                          Unit Product Cost

Direct materials 40,000

Direct labor 10,000

Variable manufacturing overhead 2,000

Variable Cost                           $52,000

You might be interested in
TJ's and Corner Grocery are all-equity firms. TJ's has 2,500 shares outstanding at a market price of $16.70 a share. Corner Groc
valentina_108 [34]

Answer:

$1.3 per share

Explanation:

Data provided in the question:

Number of shares outstanding of TJ = 2,500

Market price = $16.70

Number of shares outstanding of Corner Grocery = 3,000

Price per share of Corner Grocery = $22.50

Cost of acquiring TJ's share = $45,000

Now,

Merger Premium per share = [ Cost of acquiring TJ's share - Market price of TJ's shares ] ÷ Number shares TJ's outstanding

= [ $45,000 - ( $16.70 × 2,500)] ÷ 2,500

=  [ $45,000 - $41,750 ] ÷ 2,500

= $3,250 ÷ 2,500

= $1.3 per share

4 0
3 years ago
Which one of the following positions would have salaries or wages that are classified as a factory overhead cost by a baking com
frutty [35]

<u>Answer: </u>

Out of the following positions, the position of the factory supervisor would have a salary or wage that is classified as a factory overhead cost by a baking company.

<u>Explanation: </u>

  • For a baking factory, professionals like a baker, a salesman, or the president of the company are mandatory to have.
  • The need for a factory supervisor arises only if it is devised or felt that the employees would not work properly if they are not monitored.
  • If such a need is not felt anymore, the salary of the factory supervisor would be considered as an overhead cost by the company.
7 0
3 years ago
________ is the investment in social relations with the expectation of returns in the marketplace.
marishachu [46]

Answer:

Social capital is the investment in social relations with the expectation of returns in the marketplace

Explanation:

4 0
3 years ago
You are the manager of a firm that produces output in two plants. The demand for your firm's product is P = 78 − 15Q, where Q =
Leona [35]

Answer:

correct option is B. 40.5

Explanation:

given data

P = 78 - 15 Q

Q = Q1 + Q2

MC1 = 3Q1

MC2 = 2Q2

to find out

What price should be charged to maximize profits

solution

we get here first total revenue and marginal revenue that is

total revenue TR = P × Q   .......1

total revenue TR = 78Q - 15Q²

and

marginal revenue MR = \frac{change\ in\ TR}{change\ in\ Q}

marginal revenue MR = 78 - 30Q

now we get here

marginal revenue MR = MC1 = MC2

put here value

78 - 30Q1 - 30Q2 = 3 Q1 or 33 Q1 = 78 - 30Q2   ......................................a

78 - 30 Q1 - 30 Q2 = 2 Q2 or Q2 = 78 - 30Q1/32   ................................b

by equation a and b we get here

33 Q1 = 78 - 30 (78 - \frac{30Q1}{32} )

so here Q1 = 1 and

Q2 = 78 -  \frac{30*1}{32}

Q2 = 1.5

so that Q will be

Q = Q1 + Q2

Q = 1 + 1.5

Q = 2.5

now we get value of P that is

P = 78 - 15 Q

P = 78 - 15 (2.5)  

P = 40.5

so charged to maximize profits is 40.5

so correct option is B. 40.5

5 0
3 years ago
During 2016, Frank Company incurred $200,000 in legal fees in defending a patent with a carrying value of $3,500,000 against an
MatroZZZ [7]

Answer: $320,000

Explanation:

6 0
3 years ago
Other questions:
  • Amy wants to invest money for two years. She doesn’t know which investment is best for her. What should Amy do?
    12·2 answers
  • Which answer is an example of a market?
    15·1 answer
  • The logical sequence of the phases of a business cycle is: ____________
    8·1 answer
  • With a​ downward-sloping demand​ curve, average revenue is equal to price A. because the firm must lower its price to sell addit
    14·1 answer
  • . Zoe Corporation has the following information for the month of March: Purchases $ 92,000 Materials inventory, March 1 6,000 Ma
    12·1 answer
  • Lexi Company forecasts unit sales of 1,640,000 in April, 1,250,000 in May, 810,000 in June, and 1,650,000 in July. Beginning inv
    15·1 answer
  • Three different areas of life of VLOOKUP
    12·1 answer
  • ;-; What does this mean ;-;
    8·2 answers
  • Collection of projects, reports, exams, awards and other evidence of past experience and accomplishments which may serve as a su
    14·1 answer
  • What is the role of business in a global economy?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!