Answer:
$2,100
Explanation:
The difference between variable costing income and absorption costing income arises due to fixed cost deferred in inventory. This is the total fixed manufacturing overhead that will be expensed under absorption costing.
Calculation :
Fixed Cost in Inventory = $11,200 - $9,100
= $2,100
Answer:
60
Explanation:
Calculation for What is the process capacity in razors/hour
Based on the information given we would be using process capacity of station D Assembly 3:
Process capacity of D=1/60*60sec *60 mins
Process capacity of D=1/60*3,600 razors per hour
Process capacity of D=60
Therefore the process capacity in razors/hour will be 60
D. adding up purchases and accepting payments has nothing to do with marketing managing.
Answer:
B
Explanation:
The correct question
Financing that individuals or institutions have provided to a company is
A. always classified as liabilities
.B.classified as liabilities when provided by creditors and stockholders' equity when provided by owners.
C. always classified as equity.
D. classified as stockholders' equity when provided by creditors and liabilities when provided by owners
Financing that individuals or institutions have provided to a company is classified as liabilities when provided by creditors and stockholders' equity when provided by owners
.Financing can be provided by creditors, which is classified as liabilities or it can be provided by owners which is classified as stockholders' equity
Question Completion:
Epsilon Co. can produce a unit of product for the following:
Direct material $8
Direct labor 24
Overhead 40
Total costs per unit $72
Answer:
Epsilon Co.
Epsilon should choose to:
Make since the relevant cost to make it is $56.
Explanation:
a) Data and Calculations:
Direct material $8
Direct labor 24
Overhead 40
Total costs per unit $72
Relevant Costs:
Make Buy
Direct material $8
Direct labor 24
Overhead 24
Total costs per unit $56 $60
b) It costs Epsilon less to make the units than to buy from the outside supplier. The relevant cost excludes the 40% of the overhead that will still be incurred by Epsilon if it buys from the supplier. Relevantly, it costs Epsilon $56 per unit to make when compared to the unit cost of $60 to buy. In absolute terms, it will cost Epsilon $76 ($60 + $16) to buy as against $72 to make a unit of the part.