Answer:
b) $54,500
Explanation:
Beginning balance of raw material = $27,500
Ending balance was = $51,000
Purchases = $78,000
Direct cost of raw material is the net of the addition of the opening balance of raw materials and purchases less the closing balance. The manufacturing overhead cost is a mix of all the indirect cost incurred during production.
As such, the manufacturing overhead cost of $118,500 consisting of $3,500 consisted of raw materials would not be considered in determining the direct raw material cost.
Direct cost of raw material = $27,500 + $78,000 - $51,000
= $54,500
Answer:
The Dollar sales break even for the company is $568750, for the north region is $320000 and for the south region is $80000.
Explanation:
1. for the company:
cont margin ration = contribution/sale
= 240000/750000
= 0.32
fixed cost = 182000
dollar sales break even = fixed cost/cont margin ratio
= 182000/0.32
= $568750
2. for the north region:
cont margin ration = contribution/sale
= 120000/600000
= 0.20
fixed cost = 64000
dollar sales break even = fixed cost/cont margin ratio
= 64000/0.20
= $320000
3. for the south region:
cont margin ration = contribution/sale
= 120000/150000
= 0.80
fixed cost = 64000
dollar sales break even = fixed cost/cont margin ratio
= 64000/0.80
= $80000
Therefore, The Dollar sales break even for the company is $568750, for the north region is $320000 and for the south region is $80000.
The maximum daily profit for the company is $860
<h3>
What is an inequality</h3>
Inequality is an expression that shows the non equal comparison of two or more variables and numbers.
Let x represent the number of bed and y represent the number of pillow, hence:
4x + 2y ≤ 40 (1)
Also:
2x + 4y ≤ 32 (2)
From the graph, the solution is at:
(8, 4)
Profit = 80x + 55y = 80(8) + 55(4) = $860
The maximum daily profit for the company is $860
Find out more on inequality at: brainly.com/question/24372553
Answer:
Yes.
Explanation:
Yes, the claim of statement ''The study claims that average price of foreign cars is more than average price of domestic cars.'' is correct because the cars which is imported from foreign countries have high duty on them. This duty tax on these cars make them very expensive while on the other hand, the domestic cars have no duty on it so they are lower in price as compared to foreign cars.
