Answer: Variable cost of production
Explanation:
Variable costs increase or decrease depending on a company's production volume; they rise as production increases and fall as production decreases. Examples of variable costs include the costs of raw materials and packaging.
Variable cost is the cost that covers through the production phase and changes as production is being finalized. This cost changes price variables depending on how much the company produces. The rise and fall of production determines their final position in pricing. Packaging and the various material cost are examples of variable cost.
Answer:
$35
Explanation:
Calculation of the amount of the call premium on a $1,000 par value bond
Using this formula
Call premium= Amount of Semiannual coupon bonds- Bonds have par value
Let plug in the formula
Call premium =$1,035-$1,000
Call premium =$35
Therefore the amount of the call premium if the bonds have a par value of $1000 will be $35
Answer:
As you did not include the departmental allocation rate calculated or the question relating to it, I shall provide an allocation rate and you can relate this with your assignment.
Assume the allocation rate is $3.00
Labor, raw materials and overhead cost allocation hours are given in terms of 1,000 gallons already.
Cost of Strawberry:
= Direct labor + Raw materials + Overhead cost
= 766 + 816 + (60 hours * $3.00 allocation)
= 766 + 816 + 180
= $1,762
Cost of Vanilla:
= 841 + 516 + (70 * 3)
= 841 + 516 + 210
= $1,567
Cost of Chocolate:
= 1,141 + 616 + (100 * 3)
= 1,141 + 616 + 300
= $2,057
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