Require logins for network access & establish access privileges.
(Not sure if I’m right but it’s what I think)
PLACE.........................................................................
Answer:
The formula for each month is described below:
January +(B2*31*C2)+(B2*$A$12)
February +(B2*29*C2)+(B2*$A$12)
March +(B2*31*C2)+(B2*$A$12)
April +(B4*30*C4)+(B4*$A$12)
May +(B3*31*C3)+(B3*$A$12)
Explanation:
The formula matches the requirements for each individual month as number of days change accordingly and $A$12 determines the fixed transport cost the other variables are the number of boxes and the cost per box.
Answer:
Amount of overhead debited to Work in Process Inventory is $364,000
Explanation:
Direct labor cost = Total labor cost - Indirect labor cost
Direct labor cost = $720,000 - $200,000 = $520,000
Overhead debited to Work in Process Inventory= 70% * Direct labor cost
=70% * $520,000
=$364,000
Answer:
Yes $30 agsinst $19.50
The variable cost for the first 50 untis is $17.50
Yes $30 against $27.25
average variable cost for the first 100 units $26.25
Marginal cost for the first 50 units: 17.50 which is lower than marginal revenue
from 51 units and subsequent untis: 35 which is higher than marginal revenue
It will produce 50 units achieving $525 of profit
Explanation:
$100 fixed cost /50 units + 17.50 = 19.50 average cost
selling price: $30
100 fixed cost + 17.50 x 50 + 35 x 50 = 2725
total cost 2,725 / 100 units = 27.25 unit average cost
selling price $30
($17.50 x 50 + $35 x 50)/100 = 26.25
After the 50untis our profit will decrease as the marginal revenue is lower than marginal cost thus, we stuop production at the 50 units:
50 x 30 - 100 fixed cost - 17.50 x 50 variable cost = 525 profit
