Answer:
The answers are the c) oil lubricants used for factory machinery and the d) hourly wage of an assembly worker
Explanation:
Indirect manufacturing costs are the costs that a factory must cover for the manufacture of a product, apart from materials and direct labor. They relate to the entire operation of the company and overcome the manufacturing process of a specific product. They are also found as general manufacturing costs.
In the case of response c), factory supplies are all those materials that are consumed within the factory but are not part of the raw materials. This includes oils, greases, lubricants, stationery, etc.
In the case of response d), indirect labor costs are those that make the operation of the company possible but cannot be assigned to a particular product. For example, the salary value of a manager who manages the operation of the entire company and not only in a product line.
Answer:
Total debits balance = 8466
Explanation:
Cash = 480
Account receivable = 570
prepaid insurance = 96
Supplies = 270
Equipment = 4500
Salaries and wages expense = 1900
Rent expense = 650
Total debit balance on the trial balance = 8466 at dec 31,2022 because all above should be debit balance.
Answer:
The contribution margin per unit is $33.50
Explanation:
The contribution margin per unit in the case when the machine is purchased is shown below:
= Selling price per unit - variable cost per unit
= $64 - ($35 - $4.50)
= $64 - $30.50
= $33.50
hence, the contribution margin per unit is $33.50 and the same is to be considered
We simply applied the above formula
Answer:
110 labor and 1100 energy
Cost of 2,200 dollars
Explanation:
Q = L x E
Cost = 10 L + E
We use Excel solver tool to get this
A B C
1 Labor Energy
2 Quantity 110 1100
3 Cost 10 1
4 output 121,000 (B2 * C2)
5 cost 2,200 (B2*B3 + C2*C3)
we want to minimize B5 (cost)
changing the quantities (b2:c2)
with the constrain that output b4= 121,000
Answer:
The macro environment represent the different external stakeholders who may be indirectly connected to the company
Explanation:A company macro environment represent the bigger picture within which the company is situated .this may include activities in other industries, government regulations and policies foreign markets,etc
