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oksano4ka [1.4K]
3 years ago
8

aylor & Edwards Inc. manufactures television sets. Last month, direct materials (electronic components, etc.) costing $550,0

00 were put into production. Direct labor of $880,000 was incurred, manufacturing overhead equaled $495,000, and selling and administrative costs totaled $396,000. The company manufactured 8,400 television sets during the month. Assume that there were no beginning or ending work in process balances. What was the per unit prime cost? (Note: Round your answer to two decimal places.)
Business
1 answer:
fenix001 [56]3 years ago
7 0

Answer:

Unitary prime cost= $170.24

Explanation:

Giving the following information:

Last month, direct materials (electronic components, etc.) costing $550,000 were put into production.

Direct labor= $880,000.

Manufacturing overhead equaled $495,000

The company manufactured 8,400 television sets during the month.

Unitary prime cost= (direct material + direct labor)/number of units

Unitary prime cost= (550000 + 880000)/8400= $170.24

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rosijanka [135]

Answer:

IBM could either diversify by the strategy of market penetration, which consists in increasing the market share in a particular sector (in this case, cloud computing) through more marketing efforts.

Or it could integrate horizontally, acquiring a possible competitor that is more advanced in the cloud-computing business. Or even a start-up with good prospects, because with the amount of capital that IBM has, it could more easily expand the start-up operation as a new internal business division.

4 0
3 years ago
Which promotion mix element stimulates purchase directly through an incentive to buy, such as a coupon or rebate?
Darina [25.2K]

Sales promotion mix element stimulates purchase directly through an incentive to buy, such as a coupon or rebate.

<h3>How does sales promotion work?</h3>
  • Sales promotion is one of the components of the promotional mix.
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  • Advertising, personal selling, direct marketing, and publicity/public relations make up the bulk of the promotional mix.
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3 0
1 year ago
If you could create one product that makes your daily life easier, what would that product be? How would that product work? Wher
Dima020 [189]

Answer:

Explanation:

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6 0
3 years ago
A year ago, Jasper Inc. sold 20-year bonds at par with a coupon rate of 4.5 percent and semiannual payments. The face value of e
scoray [572]

Answer:

= $877.32

Explanation:

<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).</em>

<em>Value of Bond = PV of interest + PV of RV</em>

The value of bond for Jasper Inc can be worked out as follows:

Step 1

<em>PV of interest payments</em>

<em>Semi annul interest paymen</em>t

= 4.5% × 1000 × 1/2

= 22.5

<em>Semi-annual yield</em> = 5.6/2 = 2.8% per six months

<em>Total period to maturity (in months)</em>

= (2 × 19) = 38 periods  <em> (Note it was sold a year ago)</em>

<em>PV of interest = </em>

<em> </em>22.5 × (1- (1+0.028)^(-38)/0.028)

= 22.5 ×23.20871226

= 522.196

Step 2

<em>PV of Redemption Value</em>

= 1,000 × (1.056)^(-19)

= 355.128

<em>Price of bond</em>

=  522.19 + 355.12

= $877.32

<em />

                               

5 0
3 years ago
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
yarga [219]

Answer:

$10,700

Explanation:

The unit product cost = $15 + $57 + $3 = $75

Sale revenue = $100 × 8,400 = $840,000

Less :Variable cost

Variable cost of goods sold = 8,400 × $75 = $630,000

Variable selling and administrative = 8,400 × $7 = $58,800

Contribution margin = $151,200

Fixed manufacturing overhead = $132,000

Fixed selling and administrative expenses = $8,500

Net operating income = $10,700

4 0
3 years ago
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