Answer:
Total cost= $18,200
Explanation:
Giving the following information:
Haskins Company employs material handling employees who move materials between production divisions at a labor cost of $182,000 a year. It is estimated that these employees move 620,000 pounds of material per year. 62,000 pounds are moved in March.
Proportion for March= 62,000/620,000= 0.1
Total cost= 182,000*0.1= 18,200
Answer:
$8,000 bc (AGIx30%)- contributions
if this is a multiple choice question post the choices and i will tell you the corrrect one. thanks
Answer: diminishing marginal product
Explanation:
A. When a firm in the market increase its level of production it results in reduction of cost which is called economies of scale.
B. Increase in cost that resulted due to unnecessary increase in level of production is called diseconomies of scale.
C. Increasing marginal product can be defined as the increase in output resulting due to employment of one more unit of input such as labor.
D. Diminishing marginal product can be defined as the decrease in output resulting due to employment of one more unit of input such as labor.
From the above explanation we can conclude that right answer is diminishing marginal product .
Answer:
The correct answer is "$120,250".
Explanation:
The given values are:
Opening inventory
= $38,500
Closing inventory
= $15,250
Purchases
= $97,000
Now,
The cost of materials used during the month of February will be:
= Opening Inventory + Purchases - Closing Inventory
On putting the estimated values in the above formula, we get
= 
= 
($)
