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xz_007 [3.2K]
3 years ago
5

Nora was thinking about something else the day her teacher explained the difference between the words "between" and "among," so

she has trouble using these two prepositions correctly. nora's difficulty "remembering" the difference between the two words can probably best be explained as:
Business
1 answer:
svp [43]3 years ago
6 0
Failure to Store would be the awnser

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During its first year of operations, Silverman Company paid $14,000 for direct materials and $19,000 for production workers' wag
hjlf

Answer:

GROSS MARGIN = 33.33%

Explanation:

PRODUCTION COST COMPONENTS

  • Direct materials 14,000  
  • Direct work 19,000  
  • Lease and utilities 17,000

TOTAL PRODUCTION COST = 50,000

TOTAL UNITS PRODUCED = 5,000

UNIT COST= (Total Production Cost / Total Units Produced) = 50,000 / 5,000 = 10  

FINAL GOODS INVENTORY = (Total Units Produced – Total Units Sales) = 5,000 – 3,000 = 2,000

FINAL GOODS INVENTORY AMOUNT = (Final goods Inventory * Unit Cost) = 2,000 * 10 = 20,000

SALES REVENUE= (Sold Units * Sale Price) = (3,000 * 15) = 45,000

COST OF SOLD GOODS (a) = (Sold Units * Unit Cost) = 3,000 * 10 = 30,000

COST OF SOLD GOODS (b) = (Beginning Balance + Production cost – Final Balance) = 0 + 50,000 – 20,000 = 30,000

GROSS MARGIN = ((Sales Revenue – Cost of sold Goods) / Sales Revenues) * 100 = ((45,000 – 30,000) / 45,000) * 100 = 33.33%

COST OF SOLD GOODS (a) Calculated according to the inventory unit cost

COST OF SOLD GOODS (b) Calculated as the difference in inventory

7 0
3 years ago
Help with this please
leva [86]
The answer for your problem is a
8 0
3 years ago
Winston Company’s high and low level of activity last year was 60,000 units produced in April and 20,000 units produced in Decem
horsena [70]

Answer:

Total cost= $36,000

Explanation:

Giving the following information:

Winston Company’s high and low level of activity last year was 60,000 units produced in April and 20,000 units produced in December. Machine maintenance costs were $52,000 in April and $20,000 in December.

<u>To calculate the total cost, first, we need to calculate the unitary variable cost. With the unitary variable cost, we can calculate the fixed costs. Then, the total cost at 40,000 units.</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (52,000 - 20,000) / (60,000 - 20,000)= $0.8 per unit

Now, we calculate the fixed costs:

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 52,000 - (0.8*60,000)= $4,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 20,000 - (0.8*20,000)= $4,000

Total cost= 4,000 + 0.8*units

Total cost= 4,000 + 0.8*40,000= $36,000

5 0
3 years ago
Elfalan Corporation produces a single product. The cost of producing and selling a single unit of this product at the company's
kolezko [41]

Answer:

Effect on income= $68,580 increase

Explanation:

<u>Because it is a special order, and there is unused capacity, we will not take into account the fixed costs. Only the variable ones.</u>

<u>First, we need to calculate the unitary cost:</u>

Unitary cost= 46.1 + 8.8 + 1.8 + 1.3

Unitary cost= $58

<u>Now, the effect on the income of accepting the offer:</u>

Effect on income= 2,700*(83.4 - 58)

Effect on income= $68,580 increase

8 0
3 years ago
A firm produces two goods q1 and q2. for economies of scope to occur, it must be true that:
Oliga [24]
For economies of scope to occur it must be true that THE COST OF PRODUCING THE TWO GOODS TOGETHER IS LESS THAN THE COST OF PRODUCING THE GOODS SEPARATELY.
The economy of scope is the proportionate savings that is gained by producing two or more different goods together, when the cost of doing so is less than that of producing each separately.
5 0
3 years ago
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