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
SpyIntel [72]
3 years ago
7

Shore Company reports the following information regarding its production cost:Units produced 38,000 units

Business
1 answer:
Oksanka [162]3 years ago
4 0

Answer:

Production cost per unit $80.59

Explanation:

The computation of the production cost per unit using absorption costing is shown below:

Direct labor per unit  $28

Direct material per unit $29

Variable overhead per unit $20 ($760,000 ÷ 38,000 units)

Fixed overhead per unit $3.59 ($136,420 ÷ 38,000 units)

Production cost per unit $80.59

We simply added all the cost per unit so that the production cost per unit could come

You might be interested in
Shane is the project manager of the organizational development team at Solid Hardwoods. Shane's team has been assigned the task
qaws [65]

Answer: Option B

Explanation:  Centralization or centralization  is the mechanism by which an organization's operations, particularly those related to planning and policy-making, framing strategies and regulations, are consolidated within a specific geographic region unit and are handled by some for the individual employees within.

These employees are usually the top managers and executives working in the company and have authority to make decisions that can impact the company as a whole.

Hence from the above we can conclude that the correct option is B.

7 0
3 years ago
At the beginning of a year, a company predicts total direct materials costs of $1,010,000 and total overhead costs of $1,270,000
marin [14]

Answer:

1.267 = Overhead Rate

Explanation:

<em>As general approach,</em> the manufacturing rate, along with any rate is done by dividing the cost by a cost driver.

\frac{Cost\:Of\: Manufacturing\: Overhead}{Cost\: Driver}= $Overhead \:Rate

In this case teh cost is the manufacturing overhead and the cost driver the direct materials cost:

\frac{1,270,000}{1,010,000}= $Overhead Rate

<em>Using Direct Materials cost, the rate would be:</em>

1.257425743= $Overhead Rate

3 0
3 years ago
Consider the following information: Portfolio Expected Return Beta Risk-free 6 % 0 Market 10.2 1.0 A 8.2 1.4 a. Calculate the re
denpristay [2]

Answer:

a. 11.88%

b. -3.68%

Explanation:

Given that

Risk free rate = 6%

Beta = 1.4%

Market rate = 10.2%

Risk free rate = 6%

Alpha return = 8.2%

a. The computation of expected return of portfolio is given below:-

= Risk free rate + Beta (Market rate - Risk free rate)

= 6% + 1.4% (10.2% - 6%)

= 11.88%

b. The calculation of Alpha of portfolio is shown below:-

= Alpha return - Expected return

= 8.2% - 11.88%

= -3.68%

6 0
3 years ago
The entry to record the use of direct materials in production would include a A. credit to Finished Goods Inventory. B. debit to
earnstyle [38]

Answer:  

B. debit to WIP inventory

Explanation:

The journal entry to record the usage of direct material in production is

Work in Process Inventory                                  Dr.

     To Raw Material Inventory

(Raw materials consumed recorded)

Raw material inventory is an asset. It's consumption should reduce it's balance. A debit increases an asset's balance while a credit reduces it's balance.

Work in process, like raw material is an inventory account i.e an asset. A debit increases their balance whereas a credit reduces it.

Here, raw materials i.e direct material have been issued for production, which would reduce their balance and increase the balance of work in process as finished goods are yet to be made.

3 0
3 years ago
James,the marketing manager for an automobile manufacturer,observes frequent conflicts between two of his subordinates,Jeff and
jeka94

Answer: Person analysis

Explanation:

Based on the scenario that have been given in the question, the scenario suggests that Kelly has conducted a person analysis.

A person analysis is a phase which helps to identify the individuals that are in an organization who lacks certain skills and should therefore be trained.

A person analysis helps to show the individuals that aren't meeting the organization's desired performance.

5 0
3 years ago
Other questions:
  • What are the central concerns of economics?
    15·1 answer
  • Select the correct answer from the drop-down menu. You are invited to your company’s special team lunch. would be the most appro
    9·1 answer
  • The commissioners for Walker County are actively negotiating with Falcon Industries regarding the location of a new manufacturin
    7·1 answer
  • A customer, age 51, has a 20 year investment time horizon, a moderate risk tolerance, and is looking for investments that provid
    12·1 answer
  • Pharoah Corporation had the following activities in 2020. 1. Payment of accounts payable $843,000 4. Collection of note receivab
    11·1 answer
  • All oligopoly models share several assumptions. Which of the following is among them?
    5·1 answer
  • Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $4.4 million. The machinery can be sold to the Romul
    5·1 answer
  • Was the time period between 400ad and 1400ad a dark age for europe? was this a time of cultural decay and decline?
    7·1 answer
  • The Red Bud Co. pays a constant dividend of $2.40 a share. The company announced today that it will continue to do this for anot
    11·1 answer
  • I needd helpppp asappppp!
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!