Answer:
$3; $4.5
Explanation:
Total direct labor hour:
= Handbags + Moccasins
= (60,000 × 2) + (40,000 × 3)
= 120,000 + 120,000
= 240,000 direct labor hours
Total Overheads = $360,000
Overhead rate per direct labor hour:
= Total Overheads ÷ Direct labor hour
= $360,000 ÷ 240,000
= $1.5
Total OH cost per unit for handbags:
= OH rate per DLH × DLH per unit
= $1.5 × 2
= $3
Total OH cost per unit for Moccasins:
= OH rate per DLH × DLH per unit
= $1.5 × 3
= $4.5
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Variable costs per unit:
Direct materials $ 26
Direct labor $ 25
Variable manufacturing overhead $ 4
Variable selling and administrative expense $ 4
Under the variable cost method, the unitary cost of production is calculated as:
Unitary variable cost= direct material + direct labor + variable overhead
Unitary VC= 26 + 25 + 4= $55
Answer:
QA (Quality Assurance) is the method which prevents or protect the mistakes and the defects in the products which are manufactured and avoid the problem when the product or service is delivered to the customer.
Explanation:
Quality Assurance is the fragment or part of the quality management which aim on offering confidence to an individual that the quality requirements is accomplished.
The quality assurance will be used as: Execution of structured and inspection testing as a quality assurance measure.
It involves the activities of the procedural and administrative and that is executed in the quality system so that the requirements and objectives for a product or service will be accomplished.
It is the process in which the systematic measurement, monitoring the processes and comparison with a standard, and linked the feedback loop which confers the error prevention.
Answer:
The correct answer is letter "B": Only two points are used to develop the cost function.
Explanation:
In cost accounting, the High-Low Method is used to separate fixed and variable costs using the minimal quantity of information possible. Implementing this approach means taking the highest level of production and the lowest level of production and compare the costs at each point. The Least Squares Method, instead, is a set of complex mathematical calculations considering a wider number of dependent variables.
