Answer:
A. the liabilities of the First National Bank decrease by $10.
Explanation:
Answer: The unit Product cost is $32.09
Explanation:
$
Add : Direct Material. 35
Add: Direct Labour 16
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Prime Cost. 51
Add: variable manufacturing overhead. 15
Add: Fixed manufacturing overhead. 24,000
-----------------
Production cost. 24,066
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To determine the unit Product cost for the year we will divide the production cost by the unit produced
Production cost ÷ unit produced
Since the the production cost is $24,066 and unit produced is 750unit
24,066÷ 750
= 32.088
= 32.09
Therefore the unit Product cost is $32.09
The BEST way to handle the situation is to work with central warehouse to arrange a predictable delivery time. Whereas, the WORST way to handle the situation is to change the delivery system so that goods are delivered only once a month.
So, if you are the manager of a retail store, and the shipments of the products you sell arrive once a week from the central warehouse you need to pull a couple of your workers from inside the store who can unload the shipments. As the truck arrives any time in a day, this creates problem as the workers are not availabe whenever the shipment arrives.
The best way through which one can handle the situation is by working with central warehouse to get appropriate information on the delivery date and so that the workers are made available accordingly. Whereas, the worst way to handle this situation is by changing the delivery system.
Hence, options 2 and 3 are correct.
To learn more about delivery system here:
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