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Aleksandr [31]
3 years ago
8

Under absorption costing, a company had the following unit costs when 8,000 units were produced. Direct labor $ 8.50 per unit Di

rect material $ 9.00 per unit Variable overhead $ 6.75 per unit Fixed overhead ($60,000/8,000 units) $ 7.50 per unit Total production cost $ 31.75 per unit Compute the total production cost per unit under variable costing if 25,000 units had been produced.
Business
1 answer:
Dimas [21]3 years ago
8 0

Answer:

$24,25

Explanation:

Cost per unit (Variable Costing) = Variable manufacturing costs

                                     = Direct Materials + Direct Labor + Variable Overheads

                                     =  $ 9.00+$ 8.50+$ 6.75

                                     = $24,25

Therefore, the total production cost per unit under variable costing if 25,000 units had been produced is $24,25

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You run a nail salon. Fixed monthly cost is $5,518.00 for rent and utilities, $6,014.00 is spent in salaries and $1,613.00 in in
Liono4ka [1.6K]

Answer:

With 266 costumers it is indifferent where the nail salon is located.

Explanation:

Giving the following information:

Fixed monthly cost is $5,518.00 for rent and utilities

$6,014.00 is spent on salaries.

$1,613.00 in insurance.

Every customer requires approximately $4.00 in supplies.

You charge $120.00.

New location:

Fixed costs in rent and utilities= $11,401

Salaries= $6,716.00

Insurance to $2,203.00 per month.

The cost of supplies will increase to $7.00 per service.

Selling price= $150.00 per service.

Gross profit old location= Contribution margin*Q - fixed costs

Gross profit old location= (120-4)*Q - 13145

Gross profit new location=Contribution margin*Q - fixed costs

Gross profit new location= (150-7)*Q - 20320

116*Q-13145= 143*Q - 20320

7175=27*Q

Q=265.74074 = 266costumers

8 0
2 years ago
An investment earns 35% the first year, earns 40% the second year, and loses 37% the third year. The total compound return over
svetoff [14.1K]

Answer:

19.07%

Explanation:

The computation of the total compound return over the 3 years is shown below:

= (1 + investment percentage earned in first year) × (1 +  investment percentage earned in second year)  × (1 +  investment percentage loss in second year)

= (1 + 0.35) × (1 + 0.40) × (1 - 0.37)

= 1.35 × 1.40 × 0.63

= 1.1907

= 19.07%

7 0
3 years ago
A particular gas welding process in a confined space is suspected of producing dangerous concentrations of carbon monoxide, carb
Semmy [17]

Answer:

Pls refer to the attached file

Explanation:

4 0
3 years ago
Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $354,000 and credit sa
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Answer:

Dr Bad Debt Expense $12,760

Cr Allowance for Doubtful Accounts $12,760

Explanation:

Based on the information given the adjusting journal entry that Tanning Company will make if the Allowance for Doubtful Accounts has a credit balance of the amount of $1,400 before adjustment will be :

Dr Bad Debt Expense $12,760

Cr Allowance for Doubtful Accounts $12,760

[(4%*$354,000)-$1,400]

4 0
2 years ago
Each currency has a changing value relative to other countries. This is referred to as the country’s blank
alex41 [277]

Each currency has a changing value relative to other currencies. This is referred to as a<u> "currency's exchange rate."</u>


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Exchange rates are resolved in the foreign exchange market, which is available to an extensive variety of various sorts of purchasers and venders, and where money exchanging is ceaseless: 24 hours daily aside from ends of the week.

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2 years ago
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