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
Alona [7]
3 years ago
14

A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera

tions:
Selling price $157
Units in beginning inventory 200
Units produced 7,900
Units sold 7,500
Units in ending inventory 600

Variable costs per unit:
Direct materials $47
Direct labor $45
Variable manufacturing overhead $7
Variable selling and administrative expense $5

Fixed costs:
Fixed manufacturing overhead $260,700
Fixed selling and administrative expense $120,000

Required:
What is the total period cost for the month under variable costing?
Business
1 answer:
Anna007 [38]3 years ago
8 0

Answer:

$418,200

Explanation:

Period Costs under Variable Costing include (1) Fixed Manufacturing Overheads and (2) All Non-Manufacturing Expenses.

<u>Calculation of Period Costs</u>

Fixed manufacturing overhead                                             $260,700

Fixed selling and administrative expense                            $120,000

Variable selling and administrative expense ($5  × 7,500)    $37,500

Total Period Cost                                                                    $418,200

You might be interested in
Bonita industries sells two types of computer hard drives. the sales mix is 30% (q-drive) and 70% (q-drive plus). q-drive has va
podryga [215]
3300 units of q - drive.

To get the break even units of  q drive you need to get the weighted average contribution margin of the two products

To get it, simply multiply the sales mix ratio to its contribution margin per product and add the two to get the wacm.

Q-drive cm=$120-60=60*30%
Q-drive plus cm= $165-75*70%

the wacm=$81
then divide the fixed cost by the wacm

$891000 / $81=11000 units

then to get the break even units of q-drive simply multiply the sales mix ratio to the break even units

11000 units*30% =3300 units.
5 0
3 years ago
Advantages of newspaper advertising
andreyandreev [35.5K]

Answer:

Can't be blocked by ad blocker. Lots of people will see the ad.

Explanation:

8 0
3 years ago
Read 2 more answers
Amelie decides to offer one of her subordinates, Jason, his pick of tasks on a new project in exchange for his vocal support of
LUCKY_DIMON [66]
The Final answer is c yes
7 0
2 years ago
If a company receives $12,000 from the stockholders to establish a corporation, the effect on the accounting equation would be:_
Darina [25.2K]

Answer:

The correct answer is option A

Explanation:

A receipt of cash indicates an increase in cash which is an asset. When an asset increases, it is represented by a debit to that asset's account and the asset side of the accounting equation is also debited. Thus, a receipt of $12000 cash from stockholders will be represented by a debit or an increase to the asset account for $12000.

The other side of the transaction would be a credit to the equity for $12000 because the stockholders are the owners of the company and any capital invested by the owners in the company is represented by a credit to the equity account as the capital is credited when it increases. Thus, the effect on accounting equation will be an increase in the equity of $12000.

4 0
2 years ago
A portfolio management organization analyzes 60 stocks and constructs a mean-variance efficient portfolio using only these 60 se
ser-zykov [4K]

Answer:

In a single index model:

ri - rf = α i + β i (r M - rf ) + e i

Equivalently, using excess returns:

R i = α i + β i R M + e i

The variance of the rate of return can be decomposed into the components:

The variance due to the common market factor

Bi^2stdvm^2

The variance due to firm specific unanticipated events

STDV^2(ei)

In this model

Cov(ri,rj) =BiBjSTDV

The number of parameter estimates is:

n = 60 estimates of the mean E(ri )

n = 60 estimates of the sensitivity coefficient β i

n = 60 estimates of the firm-specific variance σ2(ei )

1 estimate of the market mean E(rM )

1 estimate of the market variance

Therefore, in total, 182 estimates.

The single index model reduces the total number of required estimates from 1,890 to 182. In general, the number of parameter estimates is reduced from:

(n^2 +3n / 2) to (3n+2)

5 0
2 years ago
Other questions:
  • The team that is planning the annual company sales meeting has members in several offices. They need to have a conversation abou
    5·1 answer
  • Setting the highest initial price that customers really desiring the product are willing to pay when introducing a new or innova
    8·1 answer
  • Chaia makes slate table tops for a living. She is guaranteed a base pay of $300 per week, and also earns $75 per completed table
    11·1 answer
  • Under which conditions, according to the Porter five-forces model, can a supplier group gain power?
    9·1 answer
  • The social strata evident in a society is primarily derived from__________.a. government policy.
    7·1 answer
  • what are the documents required by department of trade and industry when registering for a private company
    13·1 answer
  • SSG Cycles manufactures and distributes motorcycle parts and supplies. Employees are offered a variety of share-based compensati
    10·1 answer
  • The quantity of money demanded rises (that is, there is a movement along the money demand curve) when:
    6·1 answer
  • Which non-means-tested social welfare program in the united states takes up the largest share of the federal budget?
    7·1 answer
  • In the buying center, ryan answers the phones, receives and opens the mail, and monitors the incoming email. He sorts through al
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!