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3 years ago

Farron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Business

1 answer:

photoshop1234 [79]3 years ago

5 0

Answer:

Unit product cost= $84

Explanation:

Giving the following information:

Units produced 8,700

Direct materials $13

Direct labor $55

Variable manufacturing overhead $1

Fixed manufacturing overhead $130,500

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

Unitary fixed overhead= 130,500/8,700= $15

Unit product cost= 13 + 55 + 1 + 15= $84

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The Fed promotes secrecy by not releasing the minutes of the FOMC meetings to Congress or the public immediately. Discuss the ef

Svet_ta [14]

Answer:

By not discharging the minutes of the FOMC Meeting to Congress and open quickly , keeps up mystery and fends off Congress from questioning and meddling into the procedures of FED. Thus, to take their financial strategy choices freely without noting somebody quickly . It can follow a free money related approach that is less dependent upon expansion and political business cycles .

FED doesn't turn out to be progressively clandestine and free in light of the fact that eventually of time FED is responsible to the Congress and open for its strategies .

7 0

3 years ago

The probability of getting a 5 when a die is tossed is what type of probability?

makvit [3.9K]

Answer: As the Oxford dictionary states it, Probability means ‘The extent to which something is probable; the likelihood of something happening or being the case’.

In mathematics too, probability indicates the same – the likelihood of the occurrence of an event.

Examples of events can be :

Tossing a coin with the head up

Drawing a red pen from a pack of different coloured pens

Drawing a card from a deck of 52 cards etc.

Either an event will occur for sure, or not occur at all. Or there are possibilities to different degrees the event may occur.

An event that occurs for sure is called a Certain event and its probability is 1.

An event that doesn’t occur at all is called an impossible event and its probability is 0.

This means that all other possibilities of an event occurrence lie between 0 and 1.

Explanation:

6 0

3 years ago

Read 2 more answers

g A monopoly may exist because Question 21 options: a) government has refused to grant a public franchise. b) one firm has the e

matrenka [14]

Answer:

B. one firm has the exclusive ownership of a scarce resource.

Explanation:

Monopoly can be regarded as market structure whereby a single seller thrives, this is a structure whereby the seller sells a unique product in the market. As far as monopoly market is concerned, no competition is been encontered by the manufacturer , because he is the only one selling goods with no close substitute. As a result of this there is restrictions of the entry of other sellers in the market.

It should be noted that monopoly may exist because one firm has the exclusive ownership of a scarce resource.

5 0

3 years ago

Read 2 more answers

The per-unit cost of an item is its average total cost (= total cost/quantity). suppose that a new cell phone application costs

emmasim [6.3K]

Answer:

Cost per unit= $2,500.70

Explanation:

Cost per unit of an item is the fixed cost of producing the item plus the variable cost.

That is:

Total cost = fixed cost + variable cost

In this instance the fixed cost (cost of the application) is given as $250,000

The variable cost (cost of delivery) is $0.7

For 100 units variable cost will be $0.7* 100= $70

Total cost= 250,000+ 70

Total cost= 250,070

Cost per unit = Total cost/ Number of units

Cost per unit= 250,070/100

Cost per unit= $2,500.70

8 0

3 years ago

A woman worked for 30 years before retiring. At the end of the first year of employment she deposited 5000 into an account for h

Mrrafil [7]

Answer:

$797,837

Explanation:

the first withdrawal is $50,000

the second is $51,500

and so on...

the formula that used to solve the interest rate earned by the annuity is:

$50,000 x {[(1 + i)³⁰ - (1 + 3%)³⁰] / [(1 + i)³⁰ x (i - 3%)]} x (1 + i) = $5,000 x {[(1 + i)³⁰ - (1 + 3%)³⁰] / (i - 3%)}

we start to simplify the equation by cancelling {[(1 + i)³⁰ - (1 + 3%)³⁰] / (i - 3%)}

[$50,000 x (1 + i)] / (1 + i)³⁰ = $5,000

now we cancel $5,000 on each side:

[10 x (1 + i)] / (1 + i)³⁰ = 1

now lets take away (1 + i):

10 / (1 + i)²⁹ = 1

things get a little bit more simple now:

10 = (1 + i)²⁹

²⁹√10 = ²⁹√(1 + i)²⁹

1.082636734 = 1 + i

i = 1.082636734 - 1 = 0.082636734 = 8.2636734%

now we replace i in any equation:

= $50,000 x {[(1 + 0.082636734)³⁰ - 1.03³⁰] / [(1 + 0.082636734)³⁰ x (0.082636734 - 0.03)]} x (1 + 0.082636734)

= $50,000 x {[10.82636738 - 2.427262471] / [10.82636738 x 0.052636734]} x (1 + 0.082636734)

= $50,000 x {8.399104909 / 0.56986462} x (1.082636734)

= $50,000 x 14.73877236 x 1.082636734

= $797,837

8 0

3 years ago