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Tems11 [23]
3 years ago
14

Eddy Corporation has provided the following production and total cost data for two levels of monthly production volume. The comp

any produces a single product.
Production volume 6,000 units 7,000 units
Direct materials $582,600 $679,700
Direct labor $136,200 $158,900
Manufacturing overhead $691,800 $714,700

The best estimate of the total variable manufacturing cost per unit is:

A) $97.10
B) $119.80
C) $142.70
D) $22.90
Mathematics
1 answer:
GrogVix [38]3 years ago
5 0

Answer:

variable manufacturing cost per unit = $142.70

so correct option is C) $142.70

Step-by-step explanation:

solution

we get here first direct materials cost per unit that is express as

direct materials cost per unit = Change in cost ÷ Change in activity   .......1

put here value

direct materials cost per unit = \frac{679700-582600}{7000-6000}

direct materials cost per unit  = $97.10 per unit  

and now we get here direct labor cost per unit that is

Direct labor cost per unit = Change in cost ÷ Change in activity   ........2

Direct labor cost per unit = \frac{158900-136200}{7000-6000}

Direct labor cost per unit = $22.70 per unit

and

now we get variable manufacturing overhead per unit that is

variable manufacturing overhead per unit = Change in cost ÷ Change in activity  .........3

variable manufacturing overhead per unit = \frac{714700-691800}{7000-6000}

variable manufacturing overhead per unit = $22.90 per unit  

so that  total variable manufacturing cost per unit will be

total variable manufacturing cost per unit = 22.90 + $22.70 + $97.10 total variable manufacturing cost per unit = $142.70

so correct option is C) $142.70

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Answer:

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Step-by-step explanation:

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the double negative on the bottom becomes an addition=> (12-18)/(-4+8)

the top simplifies to be -6 and the bottom simplifies to 4=>-6/4

this fraction can be reduced to -3/2, which is the slope of the graph.

Now, use point slope form (y-y1=m(x-x1)) to find the equation of the graph. Plug any coordinate on the graph in for x1 and y1 here. It should be correct as long as it is a point on the graph, but I am using the point (-8, 18) here.

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Step-by-step explanation:

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3 years ago
The diameters of bolts produced in a machine shop are normally distributed with a mean of 5.18 millimeters and a standard deviat
dimulka [17.4K]

As per the concept of normal distribution, the two diameters of the bolt that has separate the top 3% and the bottom 3% are 5.2836 mm and 5.0764 mm respectively .

Normal distribution:

Normal distribution means the probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean and it has the bell shaped curve.

Given,

The diameters of bolts produced in a machine shop are normally distributed with a mean of 5.18 millimeters and a standard deviation of 0.07 millimeters.

Here we need to find the two diameters that separate the top 3% and the bottom 3% and these diameters could serve as limits used to identify which bolts should be rejected. we have also round off the result into nearest hundredth.

Here we have the given question with the values of,

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The value of Standard deviation is 0.07 millimeters.

Here we have to consider the following two cases, they are.

Case 1

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So, as per the probability,

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So, the diameter of the both with separate top 3% is 5.2836.

Case 2:

Next we have to take P(X < x₂) = 3% when we convert it into decimal then we get P (X < x₂) = 0.03

So, as per the given probability, the value of

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So, z corresponding to but here we have to use the negative because of the less than concept p = 0.97 is -1.48

Apply the values on the formula of normal distribution then we get,

-1.48 = (x₂ -  5.18) /0.07

Move the value to the other side

-0.1036 = x₂ - 5.18

When we simplify it,

x₂ =  5.0764

So, the diameter of the both with separate bottom 3% is 5.0764

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Answer:

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Step-by-step explanation:

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