Answer:
50,500 Units
Explanation:
The computation of the number of units produced is shown below:
Overhead rate is
= $200,000 ÷ 50,000 units
= $4 per unit
The Actual overhead is $222,000
So,
Under applied overhead is $20,000
Now
Applied overhead is
= $222,000 - $20,000
= $202,000
And, finally
Actual unit produced is
= $202000 ÷ 4
= 50,500 Units
Answer:
b. July
Explanation:
According to the revenue recognition principle, the revenue has to be recognised in the period the services are provided.
In the question, the services were provided in July, so the revenue needs to be recognised in July,
The fact that the order was received in June or that the payment from the customer was received in August is not relevant for purposes of revenue recognition.
Answer: The options are given below:
A. $18.00
B. $1,036.80
C. $2.00
D. $7.20
E. $64.00
The correct option is D. $7.20
Explanation:
From the question above, we were given:
Annual demand = 100,000 units
Production = 4 hour cycle
d = 400 per day (250 days per year)
p = 4000 units per day
H = $40 per unit per year
Q = 200
We will be using the EPQ or Q formula to calculate the cost setup, thus:
Q = √(2Ds/H) . √(p/(p-d)
200=√(2x400x250s/40 . √(4000/(4000-400)
200=√5,000s . √1.11
By squaring both sides, we have:
40,000=5,550s
s=40,000/5,550
s=7.20
Solution:
PV = FV x 
(App. B: 10%, 2 periods)
= $6,000 x 0.826 - $4,956
PV = FV x (App. B: 10%, 3 periods)
= $8,000 x 0.751 = $6,008
PV = FV x (App. B: 10%, 4 periods)
= $10,000 x 0.683 = $6,830
Net Value of Payments = ($4,956) + ($6,008) + $6,830 = ($4,134)
Answer:
3. representative participation.
Explanation:
Participative management refers to the kind of management where the employees take part in the decision making and brainstorming session together to achieve a common goal.
Representative participation is virtually when rare opportunities are given to employee of an organisation to make decision ,carry out core values all in line of pursing the common organisational goal.
