Answer:
product B
Explanation:
The computation is shown below;
<u>Particulars Product A Product B Product C
</u>
Selling Price $5.00 $3.00 $5.00
Less: Variable cost per unit ($3.50) ($2.00) ($2.00)
Contribution per unit $1.50 $1.00 $3.00
Machine hours per unit 0.75 0.25 1
Contribution per machine hour $2.00 $4.00 $3.00
($1.50 ÷ 0.75) ($1.00 ÷ 0.25) ($3.00 ÷ 1)
The product B should be produced as it has the highest contribution per machine hour
A. Would be the best answer
Answer:
The correct answer is D. 86,000
Explanation:
<u>Units in production </u>
Beginning WIP 20,000 x 4/5 = 16,000( one-fifth complete, so 4/5 to complete )
Started and completed 60,000
Ending WIP 30,000 x 1/3=10000 one-third complete
Total units 86,000
Answer:
a. $ 10,410
Explanation:
Balance per books $ 10,500
Less: NSF Checks $ ( 110)
Add: Interest earned <u>$ 20</u>
Adjusted balance per books $ 10,410
The NSF checks is reduced from the book balance as the books would have included it as a positive balance.
The interest earned has to be added to the book balance as this information would have not been available with the book.
The outstanding checks represent checks issued by the company and thus would already have been recorded in the books.
the deposits in transit would also have been recorded in the books.
Answer:
total costs
Explanation:
The cost equation Y = a + bx represents the mixed cost which includes both fixed and variable components
The explanation of the cost equation is shown below:
Y = a + bx
where
Y = Total cost
a = Fixed cost
b = variable rate per unit for an activity
X = number of units in an activity
So, this cost equation is referred to the mixed cost which considers both types of cost i.e fixed cost and the variable cost