Express 2 1/2kg as grams

Miller Company’s total sales are $123,000. The company’s direct labor cost is $14,760, which represents 30% of its total convers

lana66690 [7]

1.

Direct labor cost = $14760

This is 30% of total conversion cost so, conversion cost = 14760/30%

= $49200

Total conversion cost = Direct labor + Manufacturing overhead

Manufacturing overhead = Total conversion cost - Direct labor

=49200-14760 = $34440

Hence, The total manufacturing overhead cost= $34440

2.

Direct labor = $14760

This is 40% of prime cost. So total prime cost = 14760/40%

= $36900

Total prime cost = Direct material + Direct labor

Direct material = Total prime cost - Direct labor

= 36900 - 14760 = 22140

Hence, the total direct materials cost = $22140

3.

Total manufacturing cost = Direct materials + Direct labor + Manufacturing overhead

= 22140+14760+34440 = $71340

4.

Variable selling and administrative cost = 5% of 123000

=$ 6150

5.

Total variable cost = Direct materials + Direct labor + Sales commission

= 22140 + 14760 + 6150 =$43050

6.

Fixed selling and administrative expense = Total selling and administrative expense - Sales commission = 18450-6150 = $12300

Total fixed cost = Manufacturing overheads + Fixed selling and administrative expense

= 34440+12300 = $46740

7.

Total contribution margin = Sales - Total variable cost

= 123000 - 43050 = $79950

6 0

3 years ago

Read 2 more answers

What common side does triangle ABC share with triangle ADC

musickatia [10]

1.a
2.c
3.b
4.c
5.a
6.d
7.a

5 0

3 years ago

Geri ran in a marathon race. It took her 3 hours and 28 minutes to run 26 miles. How many minutes did it take her to run 1 mile

ankoles [38]

Answer:

8/mile = 8

Step-by-step explanation:

convert hours to minutes. 3 hours, 28 minutes converted to minutes is...

3*60 (60 minutes in an hour)

=180

180+28 (don't forget to add what was already converted to minutes!)

=208

208/26 (divide time by distance ran)

=8 (8 minutes per mile)

4 0

3 years ago

solve for x: 7^2x+3 =2401 . show substitution of your solution to verify the equation. show steps. show work.

AnnZ [28]

Answer:

X= 1/2

Step-by-step explanation:

7^2x+3 =2401

7^(2x+3 )=2401

7^(2x+3 )= 7^4

Taking away the base because its equal to 7

Then solving the power as an equation

2x+3= 4

2x= 4-3

2x= 1

X=1/2

Now substituting x into the equation to know if we are correct

7^(2x+3 )=2401

Where x= 1/2

7^(2*(1/2) +3)= 7^4

7^(1+3)= 7^4

7^4= 7^4

7^4= 2401

3 0

3 years ago

An online polling site posed this question: "How much stock do you put in long-range weather forecasts?" Among its Web site user

borishaifa [10]

Answer:

(a) 1155.84

(b) 48.2%

(c) D

Step-by-step explanation:

The number of total responses is, <em>N</em> = 38,528.

(a)

It is provided that 3% answered with "a lot".

Compute the actual number of responses consisting of "a lot" as follows:

n (a lot) = N × P (a lot)

= 38528 × 0.03

= 1155.84

Thus, the actual number of responses consisting of "a lot" is 1155.84.

(b)

The number of responses consisting of "very little or none" is,

n (very little or none) = 18,566

Compute the percentage of responses consisted of "very little or none" as follows:

$P(\text{very little or none})=\frac{n(\text{very little or none})}{N}$

$=\frac{18566}{38528}\\\\=0.481883\\\\\approx 0.482$

The percentage is: 0.482 × 100% = 48.2%.

Thus, the percentage of responses consisted of "very little or none" is 48.2%.

(c)

As the sample size increases the sample statistic value gets closer and closer to the actual population parameter value.

Thus, making the sample statistic an unbiased estimator of the population parameter.

And proving that the sample is a true representative of the population.

Thus, the correct option is (D).

7 0

3 years ago