If a jordanian confers very closely with another business person, this is an example of

Variable costs per unit: Manufacturing: Direct materials $ 26 Direct labor $ 10 Variable manufacturing overhead $ 2 Variable sel

Alex_Xolod [135]

The company's break even points in unit sales is 43,000 units.

Above the actual sales volume of 42,000 units is the break-even point.

<h3>What is Break Even point?</h3>

In economics, business, and particularly cost accounting, the break-even point is the point at which total cost and total income are equal, or "even."

Although opportunity costs have been paid and capital has received the risk-adjusted, projected return, there is no net loss or gain, and one has "broken even."
A graph with a function that represents the fixed costs is also helpful.
No matter how many units are manufactured, the fixed cost is always 1200, hence the fixed costs function is shown as a horizontal line (FC = 1200).
Any of the following will raise the break-even point: an increase in the quantity of fixed charges or expenses for the business.
An increase in variable expenditures and expenses per unit. A drop in the selling prices offered by the company.

Learn more about break even point here:

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5 0

2 years ago

This monetary policy________the economy's demand for goods and services, leading to_________product prices. In the short run, th

madreJ [45]

Answer:

Increases,.. higher... more.. low.. lower

Explanation:

This monetary policy acts as economic stimulant by increasing the supply of money in the economy, with increased supply come an increase in the economy's demand for goods and services, leading to higher product prices.

Also, In the short run, this positive change in prices induces firms to produce more goods and services.

This, in turn, leads to a low level of unemployment because companies increase their demand for more labour to meet their demand.

In other words, the economy faces a trade-off between inflation and unemployment: Higher inflation leads to lower unemployment.

7 0

3 years ago

Variable manufacturing overhead incurred was $245,000. Fixed manufacturing overhead incurred was $373,000. Actual machine-hours

steposvetlana [31]

Before information shows is the correct and complete question.

The Lopez Company use a standard costing in its manufacturing plant for the auto part. The standard cost of particular auto part based on a denominator level of a 4.000 output unit per year. included 6 machine-hours of variable manufacturing overhead at $8 per hour and 6 machine-hours of fixed manufacturing overhead at $15 per hour.

Actual output produced was 4.400 units.

Variable manufacturing overhead incurred was $245.000.

Fixed manufacturing overhead incurred was $373.000.

Actual machine-hours were 28.400.

Prepare the analysis of all variable manufacturing overhead and fixed manufacturing overhead variances.

Additional diagram attached to this question is displayed in the first image below.

Answer:

Explanation:

By using a columnar method, the analysis of all the variance & fixed manufacturing overhead varaince can be computed as follows:

Variable manufacturing overhead analysis:

Actual cost Incurred: ║ Actual input × Budgeted ║ Allocated: Budgeted

Actual input × Actual rate Input for actual output

rate × Budgeted rate

245000 28400×$8.00 = 227200 (4400×6hrs×$8)

= 211,200

17800 U 16800 U

Spending Variance Efficiency Variance

33800 U

Flexible Budget Variance

Hence;

The spending Variance = $17,800 U

Efficiency Variance = $16,000 U

Flexible Budget Varaince = $33800 U

where; F = Favourable & U = Unfavourable

For the fixed Manufacturing Overhead:

Actual cost Incurred: ║ Flexible Budget Lump ║ Allocated: Budgeted

Actual input × Actual sum regardless of the Input for actual output

rate output level × Budgeted rate

373000 4000×6hrs×15 = 360000 (4400×6hrs×$15)

= 396000

13000 U 36000 F

Spending Variance/ Production-Volume

Flexible budgeted variance Variance

23000 F

Over allocated fixed

Overhead

Hence;

The spending Variance = $13000 U

The production Volume Variance = $36,000 F

Over allocated fixed overhead = $23000 F

where; F = Favourable & U = Unfavourable

NOTE: To have a better view of the above computation in a table format, refer to the second and the third diagram in the image below.

8 0

3 years ago

A sole priorietorship is a business that is owned by a number of people? True or false?

miskamm [114]

The answer is "false"

3 0

3 years ago

Owner made no investments in the business, and no dividends were paid during the year. Owner made no investments in the business

lyudmila [28]

Answer:

A corporation had the following assets and liabilities at the beginning and end of this year.

Assets Liabilities

Beginning of the year $ 76,500 $ 32,796

End of the year 132,000 53,460

Details a b c d

1 Beginning of the year Equity 43,704 43,704 43,704 43,704

2 Owner's investment (+) - - 45,000 35,000

3 Dividends (-) - 10,200 - 10,200

4 Net income / loss (+) 34836 45,036 -10164 10,036

5 End of the year Equity 78540 78540 78540 78540

Explanation:

Equity = Assets - Liability

Beginning of the year = 76500 - 32796 = $43,704

End of the year = 132000 - 53460 = 78540

Net income = End of year equity - (Beginning of the year Equity + Owner's Investment - Dividends)

a) Net income = 5 - (1 + 2 - 3)

= 78540 - (43704 + 0 - 0)

= 34,836

b) Dividend of 850 per month = 850 * 12 = 10,200

Net income = 5 - (1 + 2 - 3)

= 78540 - (43704 + 0 - 10200)

= 45,036

c) Net Income = 5 - (1 + 2 - 3)

= 78540 - (43704 + 45000 - 0)

= -10,164

d) Dividend of 850 per month = 850 * 12 = 10,200

Net Income = 5 - (1 + 2 - 3)

= 78540 - (43704 + 35000 - 10200)

= 10,036

Owner's investment increases equity

Dividends reduce equity

Net Income increases equity

6 0

3 years ago