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kakasveta [241]
1 year ago
15

a manufacturer reports the following costs to produce 11,000 units in its first year of operations: direct materials, $11 per un

it, direct labor, $7 per unit, variable overhead, $55,000, and fixed overhead, $143,000. the total product cost per unit under absorption costing is:
Business
1 answer:
DENIUS [597]1 year ago
5 0

The total product cost per unit under absorption costing is: $75.

In absorption costing, the cost of every unit produced is worked out by adding up the direct cost of materials, direct labor, variable overhead, and the fixed overhead. Unlike in the case of marginal costing where the fixed cost is treated as period cost, in absorption costing, fixed cost is treated as a product cost.

The cost per unit

                                         $

Direct material                  28

Direct labor                       24

Variable overhead            10

Fixed cost                          13

Cost per unit                     75

Cost of Inventory

Number of units   = 1000

Cost per unit    = $75

Value = 1000 * $75 = $75,000

Learn more about absorption costing here:brainly.com/question/26276034

#SPJ4

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The government has the capacity to influence the level of output in the short run by utilizing monetary and fiscal policy. There exists some disagreement as to whether the government should endeavor to stabilize the economy. The given statement is true.

<h3>What is the monetary and fiscal policy?</h3>

Monetary policy exists as a set of actions to control a nation's general money supply and achieve economic growth. Monetary policy strategies contain revising interest rates and changing bank reserve conditions. Monetary policy exists commonly categorized as either expansionary or contractionary.

In economics and political science, the fiscal policy exists as the use of government revenue assemblage and expenditure to control a country's economy. Fiscal policy exists the use of government spending and taxation to influence the economy. Governments typically employ fiscal policy to promote strong and sustainable growth and decrease poverty.

To create an economy more stable, active stabilization policy instruments that mitigate the effect of pessimism and optimism waves stand advocated. The waves of pessimism among consumers and businesses show the fall in aggregate demand. This fall in aggregate demand can be partly or fully offset by raising the money supply because the increase in money supply boosts aggregate demand.

The government has the capacity to influence the level of output in the short run by utilizing monetary and fiscal policy. There exists some disagreement as to whether the government should endeavor to stabilize the economy.

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brainly.com/question/14088906

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7 0
2 years ago
Fabiola, who lives in mexico city, fills her car with gas, paying 357 pesos for 40.0 l. what is her fuel cost in dollars per gal
77julia77 [94]

Answer:

Fabiola pays 27.0963 dollars for 8.79877 gallons of fuel.

Step-by-step explanation:

We are given that,

Fabiola pays 357 pesos for 40 liters of fuel.

It is required to convert the amount in dollars.

Since, we know that,

1 peso = 0.0759 dollars

So, 357 pesos = 0.0759 × 357 = 27.0963 dollars

Moreover,

1 liter = 0.219969 gallons

So, 40 liters = 0.219969 × 40 = 8.79877 gallons

Thus, we get that,

Fabiola pays 27.0963 dollars for 8.79877 gallons of fuel.

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3 years ago
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Explanation:

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4 years ago
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Answer:

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Explanation:

Market segmentation -

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Hence , from the given scenario of the question ,

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Answer:

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Explanation:

Reversing entry can be regarded as

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It should be noted thatReversing entries are;

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3)is the exact opposite (the reverse) of the adjustment.

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