Answer:
10,900 units
Explanation:
The applicable formula is the formula for calculating the cost of goods sold, COGS.
COGS = The applicable formula is the formula for calculating the cost of goods sold, COGS.
COGS = Beginning inventory + purchases - closing inventory
In this case, COGS will be 11,000 units: Beginning balance 1100 and ending balance of 1000.
11,000 = 1100 + P -1000
11,000 = 1100-1000 +P
11,000 = 100 + P
P= 11,000 -100
P= 10,900
Productions should be 10,900
Answer:
False
Explanation:
In order to attract more customers to your store and sell larger quantitative, you must sell at a price below the competition, not above.
Rational customers should purchase at the lowest possible price, that is the basic concept behind the law of supply and demand. A lower price should result in a higher quantity demanded.
Hey You!
The Corps serves almost as part of the elaborate scenery, sometimes standing perfectly still in a pose for minutes at a time while the main dancers dance downstage.
Answer:
D) $30,000
Explanation:
To calculate the prime cost per unit we can use the following formula:
prime cost per unit = direct materials per unit + direct labor per unit = $26
We were given the total direct materials, so to determine the direct per unit we divide that by the total units produced: $100,000 / 5,000 units = $20
direct labor per unit = prime cost per unit - direct materials per unit
direct labor per unit = $26 - $20 = $6
Now to calculate the total labor cost we multiply the direct labor per unit ($6) times 5,000 units = $30,000
