Answer:
total cost of producing 100 units is $4700
Explanation:
given,
Fixed cost = $200
Total cost = $4,000
The total cost of n units = total cost of (n-1) units +marginal cost of nth unit
The total cost of 100 units= total cost of 99 units+marginal cost of 100th unit
The total cost of 100 units = $4000 + $700
=4000+700
=$4700
the total cost of producing 100 units is $4700
Answer:
Swift Corporation should make the components
Explanation:
For a make or buy decision the relevant cash flows include
1. the differential variable of the two options
2. savings from avoidable fixed costs associated with internal production
Variable cost of producing $
(19,000 + 3500 + 17,000) 39,500
External purchase cost <u>44,000</u>
Extra variable cost of external purchase 4,500
Savings in fixed cost <u> (4,000)</u>
Net extra ccost of external purchase <u> 500</u>
<u>Decision:</u>
Making the components internally would save the Swift Corporation
$500
Swift Corporation should make the components
Answer:
$89,000
Explanation:
The movement in the balance of inventory at the start and end of a period is as a result of sales and purchases. While sales reduces the balance in inventory, purchases increases the balance. This may be expressed mathematically as
Opening balance + purchases - cost of goods sold = closing balance
The gross profit is the difference between the sales and the cost of goods sold. Given that Coronado's gross profit on sales has remained constant at 30%, the gross profit
= 30% × $3,200,000
= $960,000
Cost of goods sold = $3,200,000 - $960,000
= $2,240,000
$559000 + $ 2264000 - $2240000 = expected closing balance
expected closing balance = $583,000
Given that a physical inventory determined that ending inventory of $494000 was in the warehouse
The estimated cost of missing inventory
= $583,000 - $494,000
= $89,000
Answer:
1. Steel
2. A Mutual Fund
3. The number of shares of stock sold in a previous day
4. Capital Gains
Explanation:
1. Investment commodities are investments in raw materials or primary goods that are still to be processed such as Agricultural produce and precious metals. Steel falls under this category.
2. A Mutual Fund works by pooling the resources and monies of various people and then investing it in various companies as a single portfolio. This way even though your funds might be little, you can still be able to diversify investments and make a good return.
3. When stock is listed for sale on a particular day, its trading figures for the previous day are listed as well.
4. Capital gain is a way to gain a return when the value of your investment has increased. When you sell that asset at the new price which is higher than the price you bought it, you make a capital gain on the transaction. For instance, R. Taylor bought stock for $100 in 2005 and it is now selling at $900 and Taylor sells it, Taylor now has a capital gain of $800.
The behavior which demonstrates courtesy toward others in the workplace is, consulting with a coworker before intervening in one of his or her projects.
Answer: Option D.
Explanation:
Courtesy is being polite and kind. It means showing politeness in ones behavior. So the most appropriate behavior of courtesy in workplace is mostly certainly consulting before involving in his/her project.
Asking before intervening is important so as to avoid any conflict between the workers and it is also a good gesture towards other co workers. This thus demonstrates the courtesy towards others. Consulting shows respectfulness towards the other person, thus resulting in courtesy behavior.