Answer:
Total unit cost= $736.5
Explanation:
Giving the following information:
Units in beginning inventory 0
Units produced 20,000
Units sold 17,000
Units in ending inventory 3,000
Variable costs per unit:
Direct materials $160
Direct labor $470
Variable manufacturing overhead $58
Variable selling and administrative$25
Fixed costs:
Fixed manufacturing overhead $970,000
Fixed selling and administrative $570,000
Absorption costing:
Variable direct material= 160
Direct labor= 470
Variable manufacturing overhead= 58
Fixed MOH= 970000/20000= 48.5
Total unit cost= $736.5
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer: -0.36%
Explanation:
The actual real after tax rate of return on an investment is calculated simply by taking the after-tax return and subtracting the inflation rate.
For our question then the equation would look something like this,
= (0.04 x (1- (0.28+0.06)) - 0.03
The equation shows how first we adjust the rate for taxes (after - tax return) and then subtract the inflation rate.
= (0.04 x (1- (0.28+0.06)) - 0.03
= -0.0036
= -0.36%
The investor's actual real after tax rate of return is therefore -0.36%.
If you need any clarification please feel free to comment or react.
Answer:
29,394 units
Explanation:
The formula for break even point is given as Fixed cost / Contribution margin.
Where;
Contribution margin = Sales per unit - Variable cost per unit
Given that ;
Fixed cost = $194,000
Unit selling price = $14.90
Unit variable cost = $8.30
Therefore;
BEP(units) = $194,000 / $14.90 - $8.30
= $194,000 / $6.6
= 29,394 units
Answer: A. True
Explanation: The Statute of Frauds denies enforceability to certain contracts that do not comply with written requirements. Therefore, a party's oral agreement to pay another's debt is never enforceable as such agreements and contracts must be in writing in order to become enforceable. Any oral modification is likely not enforceable if it falls under Statute of Frauds which renders any contract that is not in writing as void.