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
Aneli [31]
3 years ago
6

Accepting Business at a Special Price Box Elder Power Company expects to operate at 85% of productive capacity during May. The t

otal manufacturing costs for May for the production of 40,000 batteries are budgeted as follows: Direct materials $240,000 Direct labor 100,000 Variable factory overhead 32,000 Fixed factory overhead 150,000 Total manufacturing costs $522,000 The company has an opportunity to submit a bid for 5,000 batteries to be delivered by May 31 to a government agency. If the contract is obtained, it is anticipated that the additional activity will not interfere with normal production during May or increase the selling or administrative expenses. What is the unit cost below which Box Elder Power Company should not go in bidding on the government contract
Business
1 answer:
lara [203]3 years ago
5 0

Answer:

$9.3

Explanation:

The computation of total overhead unit cost is shown below:-

Actual full capacity = Production of batteries ÷ Productive capacity

= 40,000 units ÷ 85%

= 47,059

Direct Material per unit = Direct material ÷ Production of batteries

= $240,000 ÷ 40,000

= $6

Direct Labor per unit = Direct Labor ÷ Production of batteries

= $100,000 ÷ 40,000

= $2.5

Variable Factory Overhead per unit = Variable factory overhead ÷ Production of batteries

= $32,000 ÷ 40,000

= $0.8

Total overhead per unit = Direct Material per unit  + Direct Labor per unit + Variable Factory Overhead per unit

= $6 + $2.5 + $0.8

= $9.3

Thus, we have applied the above formula.

You might be interested in
BenchMark, Inc., just paid a dividend of $3.45 on its stock. The growth rate in dividends is expected to be a constant 5 percent
Ludmilka [50]

Answer:

BenchMark, Inc.

The current share price for the stock is:

$43.13

Explanation:

Dividend per share = $3.45

Growth rate = 5%

Investors' required rate of return = 13%

Stock value = Dividend per share / (Required Rate of Return – Dividend Growth Rate)

= $3.45/(0.13 - 0.05)

= $43.13

b) To determine BenchMark, Inc.'s current share price divide the dividend per share by the required rate of return after subtracting the growth rate from the required rate of return.

8 0
3 years ago
LIFO uses the ______ unit costs for Cost of Goods Sold on the income statement and the ______ unit costs for Inventory on the ba
Tasya [4]

LIFO uses the last unit costs for Cost of Goods Sold on the income statement and the first unit costs for Inventory on the balance sheet.

<h3>What is LIFO?</h3>

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.

For example, if beginning inventory consists of 10 units at $10 per unit. In the middle of the month, 10 units were bought at $15 per unit. At the end of the month, 10 units were sold. Using LIFO, the cost of goods sold would be $150 ( 10 x 15). Ending inventory would be $100 ($10 x 10).

To learn more about LIFO, please check: brainly.com/question/13779572

3 0
2 years ago
describe some similarities and differences among broker-dealer networks, alternative trading systems (ats), and registered stock
Troyanec [42]

However, unlike exchanges,  ATS has no members (ATS has "subscribers") and has no regulatory liability. An ATS can trade listed stocks like a stock exchange, but unlike a stock exchange, an ATS can also trade unlisted stocks (also known as OTC stocks) and fixed income securities such as bonds.

The main similarity between broker-dealer networks, alternative trading systems, and registered stock exchanges is that they are all some kind of market for  buying and selling  securities, either stocks or bonds.

What are alternative trading systems(ATS)?

An Alternative Trading System (ATS) is an SEC-regulated electronic trading system that matches orders between buyers and sellers of securities.  ATS is not a domestic stock exchange. However,  ATS can apply to the SEC to become a domestic stock exchange.

What is a registered stock exchange?

A registered stock exchange that has filed and approved a registration statement with the SEC. All major US stock exchanges  are registered with the SEC under the Securities Exchange Act of 1934.

To know more about ATS and Registered stock exchange visit here:

brainly.com/question/17320981

#SPJ4

5 0
1 year ago
The process of writing SMART goals is carried out at which stage of the personal financial management pyramid?
gogolik [260]
It is carried out on every stage

Yw.
5 0
3 years ago
Ashley (a single taxpayer) is the owner of ABC LLC. The LLC (which reports as a sole proprietorship) generates QBI of $900,000 a
Andrews [41]

Answer:

Detailed solution is given below in tabular form:

3 0
3 years ago
Other questions:
  • How do aggregate demand and aggregate supply differ from regular demand and supply?
    8·1 answer
  • The bookkeeper mailed out a check for $450 to a vendor, but the check has not been cashed yet. How is this recorded in a bank re
    8·1 answer
  • A loaf of bread cost $0.18 in 1955 and the CPI was 26.8. The CPI in 2013 was 233.
    14·1 answer
  • Explain what ‘closing the ledger’ means
    10·1 answer
  • 4. Assess this scenario: Jerry is a manager at FTG Corporation. Jerry likes to gather all the information he possibly can in a s
    10·1 answer
  • Russnak Corporation is investigating automating a process by purchasing a new machine for $505,000 that would have a 10 year use
    7·1 answer
  • Concord Company gathered the following reconciling information in preparing its August bank reconciliation: Cash balance per boo
    9·1 answer
  • Despite Alisa’s request for a 7% wage increase for workers with seniority, Katherine flat out rejects the request and cites the
    14·1 answer
  • You are evaluating five different investments, all of which involve an upfront outlay of cash. Each investment will provide a si
    11·1 answer
  • Who first discovered America?
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!