Technology has been considered the main purchasing agent
Answer:
$2.25
Explanation:
sale volume of company = 30,000 unit
total fixed cost are = $30,000
total variable cost $45,000 for 30,000 unit
1 unit = 45000/30000 = $ 1 . 5
for the sale of 40,000 unit
the total expected cost
= Fixed cost + Variable cost
= $30,000 + 40,000×$1.50
= $30,000+$60,000
= $90,000
Cost per unit:
= $90,000/40,000
= $2.25
Answer:
The equivalent units of production for conversion cost would be $11,680 units
Explanation:
The computation of the equivalent unit of conversion is shown below:
= (Beginning inventory units × remaining percentage) + (units started and completed units × completed percentage) + (ending inventory units × completed percentage)
= (6,800 units × 25%) + (6,500 units × 100%) + (5,800 units × 60%)
= 1,700 units + 6,500 units + $3,480 units
= $11,680 units
Two factors of production that seem to contribute the most to a nation's ability to create wealth are : Entrepreneurship and knowledge.
Germany for example, is not a country that have many resources. But through entrepreneurship and knowledge, they still are one of the world's greatest power
Solution :
1. Allocation on the basis of 
LX EX
Direct Material 125000 90000
Direct 
cost 90000 60000
Manufacturing overhead 
(202500/5000 x 2000) (202500/5000 x 3000)
Total cost 296000 271500
Units produced 50 30
Cost per unit 5920 9050
2. Allocation on the basis of 
:
LX EX
Direct Material 125000 90000
Direct labor cost 90000 60000
Manufacturing overhead 121500 81000
(202500/150000 x 90000) (202500/150000 x 60000)
Total cost 336500 231000
Units produced 50 30
Cost per unit 6730 7700
3. Allocation on the basis of 
LX EX
Direct Material 125000 90000
Direct labor cost 90000 60000
Manufacturing overhead 112500 90000
(202500/2700 x 1500) (202500/2700 x 1200)
Total cost 327500 240000
Units produced 50 30
Cost per unit 6550 8000
