Answer:
See below
Explanation:
Given that;
Price per unit = $20
Direct labor cost = $2
Direct material cost = $5
Overhead cost = $1
Fixed overhead allocation= $5 per direct labor cost = $5 × $2 = $10
Total expenses = $2 + $5 + $1 + $10 = $18
Therefore , profit margin
= Price per unit - Total expenses
= $20 - $18
= $2
Answer: B. to provide information to managers for constant improvement in cost efficiency and quality.
Explanation: Lean accounting is the collection of principles and processes that provide numerical feedback for manufacturers implementing lean manufacturing and lean inventory practices.
The purpose of Lean Accounting is to provide vital operational and financial information in a way that motivates lean transformation and improvement.
They would raise the price so not as many people will order it I believe
Answer:
The answer would be $29,063
Explanation:
Hope this helps :D