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Dahasolnce [82]
3 years ago
11

Dorglass Incorporated reported the following information about the production and sale of its only product during the first mont

h of operations: Selling price per unit $225 Sales $360,000 Direct materials used $176,000 Direct labor $100,000 Variable factory overhead $44,000 Fixed factory overhead $80,000 Variable selling and administrative expenses $20,000 Fixed selling and administrative expenses $10,000 Ending inventory, Direct Materials 0 Ending inventory, Work-in-process 0 Ending inventory, Finished Goods 400 units Under Variable Costing, the Product (Inventoriable) Cost per unit is ________. A. $225 B. $160 C. $200 D. $170
Business
1 answer:
IrinaVladis [17]3 years ago
4 0

Answer:

B. $160

Explanation:

For computing the product cost per unit first we have to find out the total number of units which is

= $360,000 ÷ $225 + 400 units

= 1,600 units + 400 units

= 2,000 units

Now the product cost per unit is

= (Direct material used + direct labor + variable factory overhead)  ÷ ( total units)

= ($176,000 + $100,000 + $44,000) ÷ (2,000 units)

= ($320,000)  ÷ (2,000 units)

= $160

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Answer:

Following are the responses to the given question:

Explanation:

For question A:

Particulars            Numbers of shares               price/share       TotalAomunt

Share\ \ sales    \ \ \ \ \ \  \ \ \ \  \ \ \ \ \ \ \  \   \ \     1500 \ \ \ \ \ \ \ \ \ \ \  \ \  \ \  \ \ \ \ \ \ \                               18     \ \ \ \ \ \ \ \ \ \ \  \ \  \ \  \ \ \ \  \ \ \ \ \ \ \                 27000\\\\Share \ \ cost  \ \ \ \ \ \ \ \ \ \ \ \ \  \ \  \ \ \ \ \ \ \            1000   \ \ \ \ \ \ \ \ \    \ \  \ \  \ \  \ \ \ \ \ \ \                               30               \ \  \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \  \ \ \ \ \ \ \           30000

                                              500      \ \ \ \ \ \  \ \ \ \  \ \ \ \ \ \ \  \   \ \                                30     \ \ \ \ \ \  \ \ \ \  \ \ \ \ \ \ \  \   \ \                      15000\\\\

profit/Loss                    0                                                                      -18000

For question B:

Remaining Share            500                             30                      15000

In this question, the average cost of the per share is 30/action, and when her fathers gave her 1000 stocks at 60 and the company then gave 1:1shares as a dividend.

3 0
3 years ago
Suppose that the total revenue received by a company selling basketballs is $600 when the price is set at $30 per basketball and
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Answer: Demand is Unit - Elastic over this price range.

Explanation:

When total revenue remains the same over various price level then the demand curve is unitary elastic.

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A demand curve with an elasticity of 1 is called as unitary elasticity of demand.

5 0
3 years ago
Read 2 more answers
the of a business, agency, household, or another economics unit involves the acquisition and use of financial resources and the
dolphi86 [110]

'Financial management of a business, agency, household or another economics unit involves the acquisition and use of financial resources and the protection of equity capital from various sources of risk.

Financial management is the business function concerned with profitability, expenditure, cash, and credit, and ensures that "an organization has the means to achieve its objectives as satisfactorily as possible." The latter is often defined as maximizing shareholder value.

Financial Management is the strategic planning, organization, management and management of financial companies in an organization or institution. It also includes applying management principles to the financial assets of the organization while playing a key role in tax administration.

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5 0
2 years ago
You think this intensive production schedule will deplete the nutrients in the soil, which ensure good wheat. Does this matter i
katovenus [111]
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7 0
3 years ago
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A company offers ID theft protection using leads obtained from client banks. Three employees each work 40 hours a week on the le
Keith_Richards [23]

Answer:

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Where Labor hour = 3 * 40 hours = 120 hours

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Multi factor productivity for this operation = Output / Multi factor input

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Multi factor productivity for this operation = 1.94

6 0
3 years ago
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