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ira [324]
3 years ago
6

Pavelko Corporation has provided the following data for its two most recent years of operation: Manufacturing costs: Variable ma

nufacturing cost per unit produced: Direct materials $ 13 Direct labor $ 5 Variable manufacturing overhead $ 5 Fixed manufacturing overhead per year $90,000 Selling and administrative expenses: Variable selling and administrative expense per unit sold $ 6 Fixed selling and administrative expense per year $61,000 Year 1 Year 2 Units in beginning inventory 0 1,000 Units produced during the year 10,000 9,000 Units sold during the year 9,000 8,000 Units in ending inventory 1,000 2,000 The unit product cost under absorption costing in Year 1 is closest to:
Business
1 answer:
marysya [2.9K]3 years ago
7 0

Answer:

Total unitary manufacturing cost= $32

Explanation:

Giving the following information:

Direct materials $ 13

Direct labor $ 5

Variable manufacturing overhead $5

Fixed manufacturing overhead per year $90,000

Units produced= 10,000 units.

<u>The absorption costing method includes all costs related to production, both fixed and variable. </u>The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

Unitary fixed overhead= 90,000/10,000= $9

Total unitary manufacturing cost= 13 + 5 + 5 + 9

Total unitary manufacturing cost= $32

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Nicole owns a small organic spice company called RaisaSpice and was looking for a new product to add to her company's line. A fr
DENIUS [597]

Answer:

Market Testing Stage

Explanation:

This was a new venture for Nicole. She wanted to try something new for the first time as compared to the normal business routine she had. So, she took the advice of her friend and combined spices after which, she distributed a first batch to grocery stores in Portland Seattle. She did this to test her product, to see how well customers would take this innovation. The feedback gained from the grocery stores she supplied to will be a determinant if she should continue mass production or not. That point is what we call Market testing stage.

6 0
3 years ago
Pearsall Company's defined benefit pension plan had a PBO of $268,000 on January 1, 2021. During 2021, pension benefits paid wer
Temka [501]

The amount of the PBO at December 31, 2021, was $333800

<u>Explanation:</u>

The amount of PBO at december 31st is calculated as follows:

PBO on jan 1, 2021 = $268000

add: Service cost = $86000

add: interest = $26800

less: pension benefits that have been paid = $47000

now, we have to solve the above calculation

we get, PBO at dev 31 = $333800

Note: interest is calculated by multiplying the PBO amount on Jan 1,2021 with the rate of interest given.

Thus, $268000 multiply 10% = $26800

3 0
3 years ago
This woman was instrumental in giving important information to the confederacy just before the second battle of bull run. lottie
AlekseyPX
ROSE GREENHOW was instrumental in giving important information to the confederacy just before the second battle of bull run.

She was a socialite before the war. She became a Confederate spy during the American Civil War.
3 0
3 years ago
Read 2 more answers
In a mixed economy who answers the three economic questions
lana66690 [7]
I think it is both A and B I coukd be wrong tho
6 0
3 years ago
The general ledger of Sandhill Corporation as of December 31, 2021, includes the following accounts: Copyrights $ 58000 Deposits
Dafna1 [17]

Answer:

$687,000

Explanation:

Intangible Assets are identifiable assets of a non-monetary asset  and without physical substance. Intangible assets include trademarks, copyrights and goodwill that is acquired.

Important to note that Internally generated Goodwill  is not defined as an assets. Thus, deposits with advertising agency of $35,000 are not included within tangible assets

<u>Calculation of Total Intangible Assets will be :</u>

Intangible Assets Calculation = (Copyrights) $ 58,000  + (Goodwill Acquired) $560,000 + (Trademarks) $69,000

                                                 = $687,000

Therefore,

Sandhill's balance sheet as of December 31, 2021 should report total intangible assets of $687,000

5 0
3 years ago
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