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denis23 [38]
3 years ago
11

XminusIndustries manufactures 3minusD printers. For each​ unit, $ 2 comma 800 of direct material is used and there is $ 1 comma

900 of direct manufacturing labor at $ 20 per hour. Manufacturing overhead is applied at $ 25 per direct manufacturing labor hour. Calculate the profit earned on 52 units if each unit sells for $ 9 comma 200.
Business
1 answer:
Citrus2011 [14]3 years ago
7 0

Answer:

the profit earned on 52 units is $110,500

Explanation:

Profit = Sales - Cost of Sales

First determine the cost of sales

Hint : Prepare a manufacturing cost schedule

Direct Materials ($ 2,800 × 52 units)                                  = $145,600

Direct Labor ($ 1,900 × 52 units)                                         = $98,800

Manufacturing Overheads ($25 × 95 hours × 52 units)    = $123,500

Total Cost                                                                              =$367,900

Then determine the Profit

Sales ($9,200 × 52 units)  =   $478,400

Less Cost of manufacture  = ($367,900)

Net Income / (Loss)             =  $110,500

Conclusion :

Calculate the profit earned on 52 units is $110,500

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Darla owns a dress shop called Darla's Darling Dresses. During the past year, Darla sold some assets to upgrade her facility. Sh
Alexxx [7]

Answer:

Darla's amount realized on the sale is $800

Adjusted basis in the assets sold is $300

Producing a realized gain on the sale of $500

Explanation:

Amount realized = cash received + FMV of other property + buyer’s assumption of seller’s liabilities – seller’s expenses

Amount realized = 600 + 200 + 0 -0

= $800

Adjusted basis = initial basis – cost recovery deductions

Adjusted basis = 2500-2200 = $300

Gain or loss realized = amount realized – adjusted basis = 800-300

= $500

Therefore Darla's amount realized on the sale is $800 and the adjusted basis in the assets sold is $300, producing a realized gain on the sale of $500

8 0
3 years ago
A recent study found that the death rate for people who sleep 6 to 7 hours per night is lower than the death rate for people who
vaieri [72.5K]

Type of employment, indicator for chronic illness, drug, or alcohol use these variables are likely useful to add to the regression to control for important omitted variables.

What is sleep pattern?

The word sleep pattern, commonly referred to as a sleep-wake pattern, refers to a person's schedule for going to bed and getting up as well as their napping habits. The frequency and length of sleep disruptions may also be part of the sleep pattern.

Type of employment, Chronic illness and drug/alcohol use they ought to be included in regression since they disturb sleep patterns.

As a result, option (a) Type of employment. (b) Indicator for chronic illness. (c) Drug or alcohol use is correct.

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3 0
2 years ago
Reynolds Manufacturers Inc. has estimated total factory overhead costs of $136,400 and expected direct labor hours of 12,400 for
Helga [31]
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8 0
3 years ago
Blumen Textiles Corporation began April with a budget for 22,000 hours of production in the Weaving Department. The department h
tankabanditka [31]

Answer:

A. 1300 Favorable

B. $7,200 UnFavorable

Explanation:

A. Calculation to determine the variable factory overhead controllable variance

First step is to calculate the Budgeted rate of variable overhead

Budgeted rate of variable overhead = $50,600/22,000

Budgeted rate of variable overhead= $2.3per hour

Second step is to calculate the Standard variable overhead for actual production

Standard variable overhead for actual production = 23,000 x $2.3

Standard variable overhead for actual production = $52,900

Now let calculate the Variable factory overhead controllable variance using this formula

Variable factory overhead controllable variance = Standard variable overhead - Actual variable overhead

Let plug in the formula

Variable factory overhead controllable variance= $52,900 - ($86,400 - 34,800)

Variable factory overhead controllable variance= 1300 Favorable

Therefore Variable factory overhead controllable variance is 1300 Favorable

B. Calculation to determine the fixed factory overhead volume variance.

First step is to calculate the Predetermined fixed overhead rate using this formula

Predetermined fixed overhead rate = 34,800/29,000

Predetermined fixed overhead rate = $1.20 per hour

Second step is to calculate the Fixed overhead applied

Using this formula

Fixed overhead applied = Standard hours x Standard rate

Let plug in the formula

Fixed overhead applied= 23,000 x $1.20

Fixed overhead applied= $27,600

Now let calculate the Fixed overhead volume variance using this formula

Fixed overhead volume variance = Fixed overhead applied - Budgeted fixed overhead

Let plug in the formula

Fixed overhead volume variance= $27,600 - 34,800

Fixed overhead volume variance= $7,200 UnFavorable

Therefore The Fixed overhead volume variance is $7,200 UnFavorable

5 0
2 years ago
Q1. Identify the different types of external and internal trends that have impact on HRM? Give an example of each trends in your
Diano4ka-milaya [45]

Internal influences on HRM objectives

Corporate objectives

E.g. an objective of cost minimisation results in the need for redundancies, delayering or other restructuring

Operational strategies

E.g. introduction of new IT or other systems and processes may require new staff training, fewer staff

Marketing strategies

E.g. new product development and entry into a new market may require changes to organisational structure and recruitment of a new sales team

Financial strategies

E.g. a decision to reduce costs by outsourcing training would result in changes to training programmes

External influences on HRM objectives

Market changes

E.g. a loss of market share to a competitor may require a change in divisional management or job losses to improve competitiveness

Economic changes

E.g. changes in the level of unemployment and the labour market will affect the supply of available people and their pay rates

Technological changes

E.g. the rapid growth of social networking may require changes to the way the business communicates with employees and customers

E.g. the growing number of single-person households is increasing demand from employees for flexible working options

Political & legal changes

E.g. legislation on areas such as maximum working time and other employment rights impacts directly on workforce planning and remuneration

Share:

5 0
3 years ago
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