If Brother Company uses variable costing. Brother Company's total unit cost is $17.
<h3>
Total unit cost</h3>
Using this formula
Total unit cos=Direct materials+Direct labor+ Variable
Let plug in the formula
Total unit cost=$8+$6+$3
Total unit cost=$17
Therefore If Brother Company uses variable costing. Brother Company's total unit cost is $17.
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Answer:
A) federal funds rate
Explanation:
At the end of every day, banks are required to have a certain percentage of deposits on hand (the government sets the amount so that banks don't loan out all of their money at once). In order to have the right amount on hand, banks loan each other money at the federal funds rate of interest.
Answer:
4.65%
Explanation:
Data provided in the question:
Amount borrowed = $18,000
Discount Interest rate = 4% = 0.04
Required compensating balance = 10%
Now,
Effective loan rate on Discount Loan with compensating balance is given as
⇒ [ ( Interest rate ) ÷ (1- interest %-Compensating balance%) ] × 100%
⇒ [ 4% ÷ ( 1 - 4% - 10%) ] × 100%
⇒ [ 0.04 ÷ ( 1 - 0.04 - 0.10 ) ] × 100%
⇒ [ 0.04 ÷ 0.86 ] × 100%
⇒ 4.65%
Answer:
Overhead rate is $30.4
So option (c) is correct option
Explanation:
We have given total estimated overhead = $85120
Estimated direct labor hours = 2800
Actual manufacturing overhead for the year = $86870
Actual labor hour = 2700
We have to find overhead rate for the year
Overhead rate is equal to the ratio of estimated overhead to estimated labor hour
Therefore overhead rate
$
So option (c) is correct
Answer:
<em>Ok so Here's my advice</em> -
<em>"If You can't do great things then, do small things in a great way" </em>
<em>Byee!</em>
<em>-Nezuko </em>