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
marissa [1.9K]
3 years ago
5

Knappert Corporation makes one product and has provided the following information:

Business
1 answer:
Alex_Xolod [135]3 years ago
3 0

Answer:

$113.0

Explanation:

A. Cost of material (M):

M=3*5.00\\M=\$15.00\ per\ unit

B. Cost of Labor (L):

L=24*2.80\\L=\$67.20\ per\ unit

C. Manufacturing overhead (O):

O=11*2.80\\O=\$30.80\ per\ unit

D. Selling and administrative expense (S):

Those should not be included in the product cost.

Total cost per unit is:

U = M+L+O= 15.00+67.20+30.80\\U=\$113.00

The unit product cost is closest to: $113.00.

You might be interested in
Alpha Corporation reported the following data for its most recent year: sales, $660,000; variable expenses, $360,000; and fixed
cestrela7 [59]

Answer:

Degree of Operating Leverage = Contribution / Operating Profit

Contribution = Sales - Variable expenses = 660000 - 360000 = $ 300000

Operating Profit = Contribution - Fixed expenses = 300000 - 225000 = $ 75000

Degree of Operating Leverage = 300000 / 75000 = 4

Conclusion:- Degree of Operating Leverage = 4

5 0
4 years ago
John is a low-level employee at an accounting firm. In his duty as an employee at the firm, John forges documents and signatures
ANEK [815]

Answer:

the three of them could be held personally liable:

  • I. John
  • II. John's manager
  • III. The CEO, who in this specific case we assume could have prevented the crime.

Explanation:

John committed forgery and possibly fraud by forging clients' signatures on documents held by the company. His boss ordered him to do so, so he is also responsible for John's actions. John can even try to put all the blame on his boss alleging that he was forced to forge the signatures. The CEO of the firm is also responsible because the forged documents had to serve someone's illegal purposes, and the CEO probably was the one that needed them or knew about what was going on and didn't do anything to stop it.

6 0
3 years ago
An increase in the price of butter, a substitute good, would be most likely to cause a. a rightward shift of the demand curve fo
vesna_86 [32]

Answer:

a. a rightward shift of the demand curve for margarine

Explanation:

If the price of butter increases, consumers would demand less of butter and more of margarine. This would shift the demand curve of margarine to the right and the demand curve of butter to the left.

A substitute good is a good which can be used in place of another good. Substitute goods usually have a more elastic demand because if the price of the good increases, it can be easily substituted with another good.

The phenomenon exhibited by butter and margarine is known as cross price elasticity. It when the change in price of one good leads to a change in the quantity demanded of another good.

8 0
3 years ago
Which approach to generalized discrimination problems do you think is better suited to explaining
Alekssandra [29.7K]

Over the duration of this online course, you’ll work through the following modules:

MODULE 1 What is discrimination and why should we care?

Explore the sources and facets of discrimination, and understand how reducing it can benefit individuals, businesses, and society.

MODULE 2 Measuring discrimination

Discover different tools to measure discrimination and investigate their advantages and flaws.

MODULE 3 Interventions to fight discrimination

Explore policy interventions to fight discrimination, removing discrimination at the hiring stage and improving outcomes within the firm.

5 0
2 years ago
the recency effect occurs when a rater gives greater weight to information received first when appraising an individual's perfor
Andre45 [30]

The recency effect occurs when a rater gives greater weight to information received first when appraising an individual's performance is a true statement.

<h3>What does recency effect refer to?</h3>

The recency effect is a memory phenomena where individuals tend to accurately recall information that is most recent. It is a cognitive bias whereby the last things, concepts, or arguments are remembered more vividly than the initial ones. The recency effect, in contrast to the primacy effect, is the propensity for people to more readily recall items that are presented last in a list. This is probably because those items were the most recent and are still stored in your short-term memory in the case of the recency effect.

To learn more about recency effect, visit:

brainly.com/question/8653544

#SPJ4

5 0
1 year ago
Other questions:
  • If you knew nothing about your data except that it is a scale variable, which measure of central tendency would be the "safest b
    7·1 answer
  • If during 2011 the Republic of Sildavia recorded a value added of $78 billion, wages of $40 billion, profits of $8 billion, and
    12·1 answer
  • Which of the following can increase your credit card’s APR?
    5·1 answer
  • Pease Answer ASAP. I need help with sources to answer the following question:
    15·1 answer
  • Kaelyn's mother, Judy, looks after Kaelyn's four-year-old twins so Kaelyn can go to work (she drops off and picks up the twins f
    10·1 answer
  • A small private entity may use less formal means to ensure that internal control objectives are achieved. For example, extensive
    6·1 answer
  • Osage Corporation issued 3,700 shares of stock. Prepare the entry for the issuance under the following assumptions. (Credit acco
    11·1 answer
  • National Orthopedics Co. issued 8% bonds, dated January 1, with a face amount of $550,000 on January 1, 2021. The bonds mature o
    14·1 answer
  • In a box someone has accidently mixed 5V, 10V and 15V relays. The box contains 100 relays: 60 are 5V, 25 are 10V, and 15 are 15V
    9·1 answer
  • When Volvo runs ads suggesting that its cars are the safest that money can buy, it is trying to ________. A) segment the market
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!