Answer:
It is more convenient to buy the product from an outsource supplier.
Explanation:
Giving the following information:
To make a batch of 800 units, it is estimated that 120 direct labor hours are required for $12 per hour. Direct material costs are estimated at $1,800 per batch. The overhead costs are calculated based on an overhead rate of $7.50 per direct labor hour. The item can be readily purchased from a local vendor for $5 per unit.
We need to determine whether it is more convenient to make in house or outsource.
Make in house:
Total variable cost= 120*12 + 1,800 + 120*7.5= $4,140
Unitary variable cost= 4,140/800= $5.18
Buy= 5
It is more convenient to buy the product from an outsource supplier.
Answer:
Recognized $12.47 million gross profit on the project in 2018.
Explanation:
Total Contract price $160
Total cost incurred during the year 2018 $39
Additional cost <u>$83</u>
Total cost <u>$122</u>
Total profit <u>$38</u>
% cost during the year = (39/122*100) = 31.9672131147541% = 31.97%
Revenue recognized on 2018 = 39*31.97% = $12.4683 = $12.47
I believe the answer is: environmental circumstances are dynamic and tough to control
Because of this , the best thing that Ben and Chris could do under the situation is adjust their marketing strategy to cater to the unique situation at hand. For example, Ben and chris could reduce the overall price of the product by using cheaper material to attract most consumers.
Answer:
A. is subject to all provisions of Rule 144.
C. Must file a Form 144 within 90 days of selling.
Explanation:
In the question, the husband owns 20% and his wife holds 5% of the equity. However, the wife plans to put her own holding up for sale. The wife is subject to all the provisions of Rule 144. In addition, before she can proceed with her plan, she needs to fill the Form 144 and the form must be filled not more than 90 days after selling the holding.
