1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
katovenus [111]
3 years ago
8

Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its uni

t costs are as follows:
Amount Per Unit

Direct materials $ 6.00

Direct labor $ 3.50

Variable manufacturing overhead $ 1.50

Fixed manufacturing overhead $ 4.00

Fixed selling expense $ 3.00

Fixed administrative expense $ 2.00

Sales commissions $ 1.00

Variable administrative expense $ 0.50

If 8,000 units are sold, what is the total amount of variable costs related to the units sold?
Business
1 answer:
kkurt [141]3 years ago
5 0

Answer:

$100,000

Explanation:

If 8,000 units are sold,

Total amount of variable costs related to the units sold:

= Direct materials + Direct labor + Variable manufacturing overhead + Variable administrative expense + Sales commission

= ($6 × 8,000) + ($3.50 × 8,000) + ($1.50 × 8,000) + ($0.50 × 8,000) + ($1 × 8,000)

= $48,000 + $28,000 + $12,000 + $4,000 + $8,000

= $100,000

You might be interested in
The difference between part-time work and job sharing is that a. people in job-sharing positions still receive benefits because
Helga [31]

Answer:

b. jobs that are classified as part-time are jobs that can be done in a shorter amount of time than that of a full-time job, whereas job sharing creates one full-time position out of two part-time employees

Explanation:

Based on the scenario been described, we can say that the difference between part time job and job sharing is, jobs that are classified as part-time are jobs that can be done in a shorter amount of time than that of a full-time job, whereas job sharing creates one full-time position out of two part-time employees, so option b is the correct answer. In part-time job, job are done in short period of time, whereby the employee will come and do his/her job within a short period of time and leave, while job sharing is a full time job but is been shared among full time employees to do their turns.

6 0
3 years ago
Read 2 more answers
Which of the following situations represents financially responsible choices? Select all that apply.
Gnom [1K]
<span> making on time payments on a debt
</span><span> purchasing a large kitchen appliance with cash 
</span><span> saving 25% of every paycheck</span>
5 0
3 years ago
Read 2 more answers
Stanley hart invested in a municipal bond that promised an annual yield of 6.7 percent. the bond pays coupons twice a year. what
shtirl [24]
The effective interest rate is given by

r= \left(1+\frac{i}{t}\right)^t-1

Given that the <span>bond yeilds an annual yield of 6.7 percent and pays coupons twice a year.

The effective interest rate is given by:

r= \left(1+\frac{0.067}{2}\right)^2-1  \\  \\ =(1+0.0335)^2-1 \\  \\ =(1.0335)^2-1=1.0681-1 \\  \\ =0.0681=6.81\%</span>
3 0
3 years ago
Countries with high rates of economic growth tend to have
Romashka-Z-Leto [24]

Answer: A labor force that is more productive

Explanation:

  According to the given question, a good productive labor force helps in producing the various types of products and the services in the market and also maintain the economical growth of the country.

 The high rates of the economical growth are tends to have a labor force which is more productive as it helps in supplying the finished goods and the services according the demand and the requirement of the customers.

The high productivity helps in increase the economical growth of an organization and also increase the umber of employment in the country.      

 Therefore, the given answer is correct.    

   

7 0
3 years ago
In the Land of Milk and Honey, they produce two goods: Milk and Honey. In 2014, milk cost $2 a gallon and they produced 10 gallo
Harman [31]

Answer:

Land of Milk and Honey

The real GDP in 2014 is:

= b. $40.

Explanation:

a) Data and Calculations:

                                         Milk           Honey            Total GDP

Cost per gallon in 2014   $2                 $1

Quantity produced           10                 20

Total production value  $20 ($2*10)  $20 ($1*20)    $40 ($20 + $20)

Cost per gallon in 2015   $2                 $1

Quantity produced           12                 24

Total production value  $24 ($2*12)  $24 ($1*24)    $48 ($24+ $24)

Cost per gallon in 2016   $2.50              $1.25

Quantity produced           12                   24

Total production value  $30 ($2.50*12)  $30 ($1.25*24) $60 ($30 + $30)

The real GDP in 2014 is the calculated value of $40.  Using 2015 as the base year, there is no inflation since the unit prices of milk and honey remained the same in both years.

6 0
3 years ago
Other questions:
  • Henson company applies overhead on the basis of 120% of direct labor cost. job no. 190 is increased with $140,000 of direct mate
    7·1 answer
  • A patent is an exclusive right to produce and sell a product for how long
    8·2 answers
  • experiencing rapid growth. Dividends are expected to grow at 25 percent per year during the next three years, 18 percent over th
    15·2 answers
  • Joint costs of $ 11 comma 000 are incurred to process X and Y. Upon​ splitoff, $ 4 comma 500 and $ 5 comma 700 in costs are incu
    15·1 answer
  • Ruddick Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just comp
    9·1 answer
  • Given Qx=20-5p where price is 3 units find the price elasticity<br><br>​
    7·1 answer
  • Cynthia Co. exchanged Building 24 which has an appraised value of $4,800,000, a cost of $7,600,000, and accumulated depreciation
    6·1 answer
  • XYZ, Inc. has a beta of 1.06. The risk-free rate is 6 percent and the expected return of the market is 15.25 percent. What is XY
    9·1 answer
  • OFFERING 20 POINTS Whitney's proposal to build 10,000 guns relied on what two important elements found in the modern manufacturi
    10·1 answer
  • Which point of the business cycle represents a peak? b c d e
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!