Answer:
using conventional costing system:
- unit cost mercon = $21.40
- unit cost wurcon = $90.80
total production costs using conventional costing system:
- 4,000 units of mercon = 4,000 x $21.40 = $85,600
- 8,000 units of wurcon = 8,000 x $90.80 = $726,400
Explanation:
Mercon Wurcon
Direct materials cost per unit $9.00 $7.00
Direct labor cost per unit $6.00 $7.00
Direct labor-hours per unit 0.20 2.40
overhead rate applied $6.40 $76.80
Number of units produced 4,000 8,000
overhead rate = total overhead / total direct labor hours = $640,000 / [(4,000 x 0.20) + (8,000 x 2.40)] = $640,000 / 20,000 = $32 per direct labor hour
unit cost mercon = $9 + $6 + $6.40 = $21.40
unit cost wurcon = $7 + $7 + $76.80 = $90.80
Trade restrictions should not be used to influence human rights issues, as such rights are inherent to human beings and must be protected by the State, regardless of a nation's political and commercial system.
<h3 /><h3>How does trade affect human rights?</h3>
Through the commercial interaction between countries facilitated by globalization, there is an increase in the search for profitability and consumption, which causes increased exploration at work to reduce expenses, and social inequality, increasing poverty and reducing the quality of life.
Therefore, it is essential that the protection of human rights be a priority action of a government, through regulations, public policies, worker support and training, reducing the negative impact of trade on citizens' rights.
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Answer:
$61.60
Explanation:
Equity funding need = Projected assets - Projected liabilities - Current equity - Projected increase in retained earnings
Equity funding need = $2,739 - $561 - $1,980 - $136.40
Equity funding need = $61.60
<u>Workings</u>
Projected assets = (Current assets + Fixed assets) * 1.10 = 820+1,670 * 1.10 = $2,739
Projected liabilities = Current liabilities * 1.10 = 510 * 1.10 = $561
Current equity = Current assets + Fixed assets - Current liabilities = 820 + 1,670 - 510 = $1,980
Projected increase in retained earnings = Sales*5% * 1.10 = $2,480*5% * 1.10 = 124*1.10 = $136.40
Answer:
- 70 units
- $700
Explanation:
1. The demand curve is given and the price is given as well. Substitute the price ceiling into equation.
P = 1,200 - 10q
500 = 1,200 - 10q
q = (1,200 - 500 ) / 10
q = 70 units
2. If there was no price ceiling and 50 units, market price would be;
P = 1,200 - 10 * 50 apartments
P = $700
In accounting, the purpose of reconciliation is to compare two sets of records for correction and make sure they are in agreement.
Here, Ned have some items which needed to be reconciled with the company’s bank account.
- For "the Outstanding checks", he should deduct the amount from balance per bank
- For "a deposit in transit", he should add to balance per bank
- For "the bank charged to our account a check written by another company", he should add to balance per bank and notify the bank of its error.
- For "a debit memorandum for bank service charge", he should deduct from balance per books.
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