All categories

4 years ago

PB1.

Business

1 answer:

maria [59]4 years ago

3 0

Answer:

Explanation:

1. prime costs: direct materials+direct labour

= $22,000+$35,000

= $57,000

2. Conversion Costs= Direct labour + Manufacturing Overheads

= $35,000+ $17,500

= $52,500

3. Product Costs = direct material+ direct labour+ manufacturing overheads

= $22,000 + $ 35,000 + $17,500

= $74,500

4. Period Costs = Selling expenses+ administrative expenses

= $17,600 + $13, 400

= $31,000

If 13,750 equivalent units are produced, what is the equivalent material cost per unit = direct materials costs / unit produced

= $22,000/13,750

= $1.6 per unit

If 17,500 equivalent units are produced, what is the equivalent conversion cost per unit = total conversion costs/unit produced

= $52,500/17,500

=$3 per unit

You might be interested in

Most small animal private veterinary practices employ __________ veterinary assistant(s) for each veterinary technician on staff

Roman55 [17]

I believe the answer is: C. one

The number of assistants that is used for veterenary practice would commonly depended on the complexity of the surgery. (as the surgery get more complex, the number of assistant needed would increase.)

Since small animals considered to have less complex body structure compared to big animals, the number assistant used usually just one.

5 0

3 years ago

Read 2 more answers

Plymouth Company reports the following information for June:

Lesechka [4]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Sales Revenue $740,000

Variable Cost of Goods Sold 200,000

Fixed Cost of goods sold 197,000

Variable Selling and Administrative Cost 160,000

Fixed Selling and Administrative Costs 77,000

Under variable costing method, the product cost or cost of goods sold is calculated only by variable costs:

Sales= 740,000

Variable cost of goods sold= (200,000)

Variable Selling and Administrative Cost= (160,000)

Contribution margin= 380,000

Fixed Cost of goods sold= (197,000)

Fixed Selling and Administrative Costs= (77,000)

Net operating profit= 106,000

4 0

4 years ago

True or False : When you are thinking of something you want to predict, measure, or change in your business, you are probably th

Ad libitum [116K]

Answer:

True

Explanation:

Dependent variables are variables which are altered by the changes to the independent factors or variables.

The following are instances of dependent and independent variables:

Dependent Variable (DV): Profit, Product Quality, Staff Attrition during a recession.

Profit (DV) depends on sales, expenses, the economy, the proficiency of the sales staff, the quality of the product.

The Quality of the Product (DV) depends on the production process, product design, quality of raw materials etc

So, many of the factors highlighted above, which affect the dependent variables are called Independent variable.

Profit, for instance, can be forecasted or changed IF changes are made to sales.

It is possible to measure the quality of a product or service. It can also be altered by increasing or decreasing the quality of raw material input.

Cheers!

8 0

3 years ago

the qualifier value that us ised in the ectracorporeal assistance and performance section to denote mouth to mouth resuscitation

lutik1710 [3]

Answer:

1. Mechanical Ventilation

2. Dialysis

3. Restoration

4. Restoring natural rhythm of the heart

Explanation:

All the above are important in order to restore the health of patients in critical situations to stable situations.

Mechanical ventilation helps patients breathe properly when they are not able to breathe enough on their own.

Dialysis involves removing of excess water, solutes, and toxins from the blood in people whose kidneys has failed in performing the aforementioned functions.

And so on..

7 0

3 years ago

Some economists have argued that, because domestic consumers gain more from free trade than domestic producers gain from (import

lana66690 [7]

<u>The reason the tariffs exists:</u>

The shift from tariff along free trade increases the consumer surplus as compared to the decline in the producer surplus. By this consumers can compensate the producers for the loss they have faced.

However,there are various other problems in relation to the shift. Generally, there will be a transaction cost of tariff besides the producer's loss surplus. There are several non economic issues that stimulates local producers to go on with tariff instead of getting compensation for the economic loss.

Generally, tariffs are imposed for any one of the following reasons,

To protect newly established domestic industries from foreign competition.
To limit the number of imports.
To protect local producers from getting dumped by foreign companies.
To raise revenue.

4 0

3 years ago