Answer:
Volume variance $1,320 Favorable
Explanation:
The fixed overhead volume variance is the difference between the actual and budgeted production unit multiplied by the standard fixed production overhead cost per unit.
Standard fixed overhead cost per unit = $11×6 = 116
Units
Budgeted units 375
Actual units <u>395</u>
Volume variance 20
Standard fixed overhead cost <u>× $66
</u>
Volume variance <u> $1,320 Favorable</u>
Answer:
the average unit cost: $7.917
Explanation:
I think your question is missed of key information, allow me to add in and hope it will fit the original one.
<em>In its first month of operations, McLanie Company made three purchases of merchandise in the following sequence: (1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9. Assuming there are 200 units on hand at the end of the period. Calculate average unit cost. (Round answers to 3 decimal places, e.g. 5.125.)</em>
My answer:
Given:
- 1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9.
<=> Total units = 300 + 400 + 500 = 1200 units
<=> Total cost: 300*$6 + 400*$8 + 500*$9
= $1,800 + $3,200 + $4,500
= $9500
- As we know that, the average unit cost:
= Total cost / total units
=$9,500 ÷ 1,200 = $7.917
Hope it will find you well.
<em />
a. When the forces of supply and demand lead to an inefficient outcome: economists call this a market failure.
<h3>What is meant by market failure?</h3>
This is the term that has to do with the state where the market that is an economy can be said to not be working.
b. The question in this category needs us to be able to fill in the details from the question into the empty boxes. Therefore:
For the efficient box
- a market in which economic surplus is maximized
For the inefficient box:
- a market transaction in which buyers or sellers behave irrationally
- a market transaction in which one party has information not available to other party
- a market dominated by few powerful businesses
- a market in which government regulation creates distortions
Read more on market failure here:
brainly.com/question/26506407
#SPJ1
= (9-5)
When you hit enter, it will give you the value of 4.
Answer:
A) Proposal A= 6875 units
B) Proposal B= 6818 units
Explanation:
Giving the following information:
Two vendors have presented proposals.
Proposal A:
Fixed costs= $55000.
Variable cost= $ 14.00.
Proposal B:
Fixed cost= $75000.
Variable cost= $11.00
The revenue generated by each unit is $ 22.00
Break-even point= fixed costs/contribution margin
A) Proposal A= 55000/(22-14)= 6875 units
B) Proposal B= 75000/(22-11)= 6818 units