Answer:
$50,820
Explanation:
Current Variable cost per unit = Direct materials + Direct labor + Variable manufacturing overhead + Variable selling and administrative expense
= $43.10 + $8.20 + $1.20 + $2.00 = $54.50 per unit
Variable cost per unit for special order = $54.50 - $1.30 = $53.20 per unit
Selling price per unit for special order = $77.40 per unit
Contribution margin per unit for special order = $77.40 - $53.20 = $24.20 per unit
Number of units for Special order = 2,100 units
Monthly financial advantage for special order = $24.20 * 2,100 units = $50,820
Hope this helps!
Answer:
B. middle managers
Explanation:
Middle managers and lower managers are responsible for implementation of the organization's strategies. However, middle managers are in charge of the lower level managers and the former report to the top-level managers. Top level managers on the other hand are usually responsible for broad strategic planning that covers huge investment decisions, company polices and strategic alliances; they determine the trajectory of the company.
Answer:
$69,000
Explanation:
Calculation for overapplied or underapplied manufacturing overhead
Using this method
Manufacturing overhead=Cost of Goods Manufactured-( Actualmanufacturing overhead cost-Applied manufacturing overhead cost to job)
Let plug in the formula
Manufacturing overhead=71,000-(27,000-29,0000)
Manufacturing overhead=71,000-2,000
Manufacturing overhead=$69,000 overapplied
Therefore Manufacturing overhead for the year will be $69,000 overapplied
Let's look at the Accounting Equation = Assets = Liabilties + Stockholders' Equity
For most businesses, their chart of accounts will include Current Assets (or Short Term Assets) as well as Long Term Assets. An example of a current asset if cash, and a building is a long term asset.
Short term and long term Liabilities are also included too - money you owe. A Note Payable is a long term example, Interest Payable is a short term one.
Stockholders' Equity is one too - these include your stocks, your retained earnings.
But, expect for Retained Earnings, the names of your <em>statements </em>are not. So "Balance Sheet" is not a category, nor is "Cash Flows Statement".
