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
Salsk061 [2.6K]
3 years ago
9

Vaughn Manufacturing, Inc.currently manufactures a wicket as its main product. The costs per unit are as follows: Direct materia

ls and direct labor $14 Variable overhead 5 Fixed overhead 8 Total $27 The fixed overhead is an allocated common cost. How much is the relevant cost of the wicket?
Business
1 answer:
ra1l [238]3 years ago
8 0

Answer:

Relevant cost = $19

Explanation:

Relevant cost refers to the cost which is avoidable on the addition of any other unit, here the direct cost of material, and labor $14 and variable overhead of $5 per head is avoidable straight as is related to per unit.

Further fixed cost of $8 each allocated is already incurred and not relevant for the decision for any additional unit.

Therefore, in the given case relevant cost = $14 + $5 = $19

Since that is the only avoidable cost.

Fixed cost has already been incurred and cannot be avoided.

Relevant cost = $19

You might be interested in
Rising peanut prices have forced peanut butter makers to raise the price of a jar of peanut butter from $2 to $3 per jar, causin
Vanyuwa [196]

Answer:

37.5%

Explanation:

The percentage change in the price of a jar of peanut butter, using the midpoint method, is:

P_B = \frac{3-2}{\frac{3+2}{2}}*100=40\%

The percentage change in sales of jelly is 15%.

The cross elasticity of demand between peanut butter and jelly is:

E = \frac{15\%}{40\%}*100\%\\E=37.5\%

The cross elasticity of demand is 37.5%

7 0
3 years ago
The manufacturing overhead budget at Polich Corporation is based on budgeted direct labor-hours. The direct labor budget indicat
Anastasy [175]

Answer:

Total overhead cash disbursement= $155,160

Explanation:

Giving the following information:

The direct labor budget indicates that 7,500 direct labor-hours will be required in February. The variable overhead rate is $8.40 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $110,250 per month, which includes depreciation of $18,090.

First, we need to calculate the allocated variable overhead:

Variable overhead= 7,500*8.4= 63,000

Depreciation is not a cash disbursement:

Fixed overhead= 110,250 - 18,090= 92,160

Total overhead cash disbursement= 63,000 + 92,160= $155,160

8 0
3 years ago
What Economic Issue arises in this graphic due to the Max Price being below Equilibrium?
kakasveta [241]

As u asked in ur question which food we should have before exercise : ANSWER is - Option (B)

cross check if u have doubt it's correct..

6 0
3 years ago
The demand and marginal revenue for a perfectly competitive firm are______, whereas the demand and marginal revenue for monopoli
exis [7]

The demand and marginal revenue for a perfectly competitive firm are horizontal , whereas the demand and marginal revenue for monopolists are downward

<h3>What is meant by marginal revenue?</h3>

The increase in revenue that comes from selling one more unit of output is known as marginal revenue. Although marginal revenue can remain constant at a certain level of output, it will eventually start to decline as the output level rises due to the law of diminishing returns. The increased total revenue produced by increasing product sales by one unit is known as marginal revenue and is a key topic in microeconomics.

An individual, group, or business that dominates and controls the market for a particular commodity or service is referred to as a monopolist. Due to the absence of substitute products or services and competition, the monopolist has the ability to command high prices. According to Irving Fisher, a monopoly is a market where there is "no competition," which results in a situation where one person or business is the only supplier of a specific good or service.

Hence, The demand and marginal revenue for a perfectly competitive firm are horizontal , whereas the demand and marginal revenue for monopolists are downward.

To learn more about marginal revenue refer to:

brainly.com/question/13444663

#SPJ4

8 0
1 year ago
Steve walker was happy with his new personal computer. it had all the features he wanted, including a color monitor and cd-rom,
Sidana [21]
He was experiencing buyers remorse
6 0
3 years ago
Other questions:
  • A contract is said to be implied if the A. Seller signs a listing agreement B. Buyer signs a buyer representation agreement C. p
    11·1 answer
  • Chips based on designs from the firm ___________________ dominate the market for smartphones, but they are not compatible with t
    15·1 answer
  • Job specifications can be defined as: a. planned sequences of jobs through which employees may advance within an organization. b
    10·1 answer
  • Suppose that as a result of a housing price​ decline, the value of the​ bank's securitized assets falls by an uncertain​ amount,
    10·1 answer
  • According to generally accepted accounting principles (GAAP), revenue is recognized as income when:
    7·1 answer
  • DeBeers is an example of a government monopoly. True or False?
    14·1 answer
  • Excellent Company has provided the following operating information for one of its divisions: Sales $100,000 Variable expenses $5
    10·1 answer
  • I know this is impossible but can you guys help? Doesn’t have to use fancy words and doesn’t have to be long, I’m not English na
    5·1 answer
  • Which of these statements are Red Flags that may signal Colleague
    10·1 answer
  • hich of the following is true? multiple choice in a one-shot game, a collusive strategy always represents a nash equilibrium. ea
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!