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nlexa [21]
3 years ago
14

Rec Equipment incurred​ $58,500 in total costs when it produced​ 9,000 balls. Total fixed costs are​ $36,000. What is the total

cost when it produces​ 12,000 balls? A. ​$78,000.00 B. ​$62,500.00 C. ​$30,000.00 D. ​$66,000.00
Business
1 answer:
mart [117]3 years ago
3 0

Answer:

The correct answer is option (D).

Explanation:

According to the scenario, the given data are as follows:

Total Cost = $58,500

Total units = 9,000

Total fixed cost = $36,000

So, we can calculate the total cost for 12,000 balls by using following formula:

Total Cost for 12,000 balls = (12,000 × Variable cost per unit) + Fixed cost

Where, variable cost per unit = (Total cost - Fixed cost) ÷ Total units

= ($58,500 - $36,000) ÷ 9,000 = $2.5

By putting the value, we get

Total Cost for 12,000 balls = (12,000 × $2.5) + $36,000

= $66,000.

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podryga [215]

Answer:

Explanation:

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CHECK THE ATTACHMENT FOR THE PREPARED JOURNAL

6 0
3 years ago
What is a tax audit? What are some different types of audits?
olga nikolaevna [1]
The answers are the following:
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<span>Tax audit.
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6 0
3 years ago
Read 2 more answers
The Peridot Company purchased machinery on January 2, 2019, for $800,000. A five-year life was estimated and no residual value w
Umnica [9.8K]

Answer:

1.- Without Retrospective effect

2.- No as it comes from a change in estimations not an accounting error.

3.- yes. It will give a full explanation about the reasons to extend the useful life.

4.- Depreciation expense for 2021: 60,000

Explanation:

1.- The change in the useful life does not represent an accounting error. It comes from the estimation process.

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5 0
3 years ago
Terra Corporation purchased equipment with a 10-year useful life and zero residual value for $100,000. At the end of the fourth
vazorg [7]

Answer:

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Explanation:

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So, the difference of $10,000 ($110,000 - $100,000) would reflect that the assets would increase by $10,000 and the total stockholders' equity is also increased by $10,000

The exchange value is a combination of $70,000 in trade allowance and $40,000 was paid in cash

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mamaluj [8]

Answer:

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Promotional mix is essential for building strong awareness about the product, it is also very effective at reaching a wide range of different audiences.

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