Which of the following is true of private corporations?

Cool Sky reports the following costing data on its product for its first year of operations. During this first year, the company

Monica [59]

Answer:

$91

Explanation:

Given the following information,

Direct materials per unit = $54

Direct labor per unit = $20

Variable overhead per unit = $6

Fixed overhead for the year = $462,000

For Absorption costing method, it includes all costs associated with production, including fixed and variable cost. The unit product cost is calculated using direct material, direct labor and total unitary manufacturing overhead.

Unitary cost = (Fixed overhead for the year / Units produced) + Direct materials per unit + Direct labor per unit + Variable overhead per unit

Unitary cost = ($462,000 / 42,000) + $54 + $20 + $6

Unitary cost = $11 + $54 + $20 + $6

Unitary cost = $91

Therefore, the product cost per unit is $91

5 0

3 years ago

Account analysis, high-low. Luwak Coffees wants to find an equation to estimate monthly utility costs. Luwak has been in busines

Inessa [10]

Question Completion:

See attached.

Answer:

Luwak Coffees

1. Water bill is fixed. Electricity bill is variable. Telephone bill is mixed.

2. High-Low method:

Water bill = $120 + 0q

Electricity bill = $0.3q

Telephone bill = $140 + $0.02q

where q = the quantity of each cost consumed.

3. Water bill = $120 + 0q

Electricity bill = $0.3q

Telephone bill = $140 + $0.02q

= $260 + $0.32q

4. No solution. There is no relationship with machine hours, employees, and units with utility bills.

Explanation:

a) Data and Calculations:

Month Electricity Bill Kilowatt Hours Used

January $ 720 2,400

February $ 840 2,800

March $1,098 3,660

April $ 810 2,700

May $1,176 3,920

June $1,248 4,160

July $1,044 3,480

August $1,194 3,980

September $1,260 4,200

October $1,230 4,100

November $1,188 3,960

December $1,266 4,220

Telephone Bill $184.

Low cost = Jan $ 720 2,400

High cost = December $1,266 4,220

Low cost = Jan $ 720 2,400

Difference = $546 1,820

Variable cost per unit = $546/1,820 = $0.3 per kwh

Fixed cost, using December's figures:

Variable cost = $1,266

Fixed cost = $0 ($1,266 - 4,220 * $0.3)

Telephone bill:

High, June $197.60 2,880

Low, April 178.20 1,960

Difference $18.40 920

Variable cost = $18.40/920 = $0.02

Fixed cost = Total cost - Variable cost

= $197.60 - (2,880 * $0.02)

= $140

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4 0

3 years ago

Gerald believes that most of his subordinates dislike work and would avoid it if possible. he also believes that his employees h

liq [111]

<span>This particular style of management would be Autocratic in nature. In this management style, the style of the manager and his or her opinion is the one revered, and the only one that is honored. It does't matter how talented the subordinates are, they will do that manager's will, or face consequences. High turnover of good talent is high in this type of management style.</span>

7 0

3 years ago

A pay structure in which more efficient workers earn higher wages, as suggested by Frederick W. Taylor, is known as a(n) _____ s

Brut [27]

Answer:

differential rate.

Explanation:

A pay structure in which more efficient workers earn higher wages, as suggested by Frederick W. Taylor, is known as a differential rate system.

According to Frederick Winslow Taylor, a mechanical engineer and father of scientific management, some efficient workers may earn higher wage than their colleagues.

8 0

3 years ago

Starbucks is hoping to make use of its excess restaurant capacity in the evenings by experimenting with selling beer and wine. I

damaskus [11]

Answer: The main costs that they would have apart from the personnel, are the training, new purchases of supplements, depreciation for new equipment and advertising expenses.

Explanation: The trainings would be for them to learn how to serve wine and beer, the public will change and demand other types of music, perhaps it has to be live, however the main expense It would be in marketing to tell the usual consumers that not only coffee will be sold in their establishments.

7 0

3 years ago