Answer:
43.57 %
Explanation:
The computation of the gross margin for the cat condos is given below:
Total Manufacturing Cost per unit is
= Direct materials + Direct labor + Manufacturing overhead
= $22 + $15 + ( 280% of $15)
= $79
Now
Gross Profit is
= Selling price per unit - Total Manufacturing Cost per unit
= $140 - $79
= $61
And finally
Gross Profit Margin is
= (Gross Profit ÷ Selling Price ) × 100
= ($61 ÷ $140) × 100
= 43.57 %
Answer:
$258,530
Explanation:
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Years
Units to be produced 10400 9400 11400 12400 43600
labor hour per unit 0.25 0.25 0.25 0.25 0.25
Total hours required 2600 2350 2850 3100 10900
Variable overhead per unit 1.70 1.70 1.70 1.70 1.70
Total variable overhead 4420 3995 4845 5270 18530
Fixed overhead 84000 84000 84000 84000 336000
Total manufacturing overhead 88420 87995 88845 89270 354530
Less: Depreciation 24000 24000 24000 24000 96000
Cash disbursement for manufacturing overhead 64420 63995 64845 65270 258,530
Therefore the company’s total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whole will be $258,530
Increase in money supply will result to result to lower interest rates. These will encourage individuals and business to avail of loans since interest rates are low. However, proper computation must be made in order to determine the level of increase in money supply. Unchecked increase in money supply may result to inflation.
Decrease in money supply will result to higher interest rates. Higher interest rates will encourage individuals or businesses to deposit their money in the banks because their deposits will earned high interests.
Answer:
d. refers to how a firm does something unique to create added value.
Explanation:
The competitive advantage is the advantage that is gained by the company over its competitors. It can be gained through various things like - reasonable product, best quality, and quantity, great services through which the customers of competitors could be the shift to the company.
The motive of this is to create some value added to the company products by considering the innovative ideas to attract the customers and maximize customer satisfaction that results to accomplish the company goals and objectives.
