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GuDViN [60]
3 years ago
7

Next Generation's predetermined overhead rate is $16 per direct labor-hour and its direct labor wage rate is $11 per hour. Job #

1987 used $1,202 of direct materials and $5,500 of direct labor.
Question:
If Job #1987 consists of 100 units, what is the average cost assigned to each unit included in the job?
Business
1 answer:
Pavel [41]3 years ago
3 0

Answer:

Unitary cost= $147.02

Explanation:

Giving the following information:

Next Generation's predetermined overhead rate is $16 per direct labor-hour and its direct labor wage rate is $11 per hour. Job1987 used $1,202 of direct materials and $5,500 of direct labor.

First, we need to calculate the allocated overhead to Job 1987:

direct labor hours= 5,500/11= 500 hours

Allocated overhead= 500*16= $8,000

Now, we can calculate the total cost and unitary cost of Job 1987:

Total cost= 1,202 + 5,500 + 8,000= $14,702

Unitary cost= 14,702/100 units= $147.02

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Live Trap Corporation received the data below for its rodent cage production unit.
Paha777 [63]

Answer:

Explanation:

Total output = output cages* sales price  = 50500 cages * $3.40 per unit =   =  $ 171,700    

Total Input:    

Wages = 630 labor hours * $7.40 = $4,662  

Raw materials = $ 31,000  

Components = $ 15,450  

Total input $51,112  [Add up wages, components and raw materials]

1) Total productivity in units sold = Output in units / Input in dollars

=50500 cages/$51,112    

=0.99 per dollar input  

2) Total productivity in dollars= Output in dollars / Input  

=$171,700/51,112 = $ 3.36 per unit input  

5 0
3 years ago
Which of the following is false​? A. ERP systems integrate information from all company functions into a centralized data wareho
kodGreya [7K]

Answer:

C) The triple bottom line focuses on three​ items: net​ income, net​ assets, and return on investment.

Explanation:

The triple bottom line (TBL) focuses on three main items:

  1. commitment to social responsibility: the corporation must be socially accountable to its shareholders, the general public and to itself.
  2. commitment to environmental sustainability: fulfill the corporation's current needs without compromising the ability of future generations to fulfill their own needs.
  3. commitment to financial growth: in other words making the largest possible profits without disregarding the previous two commitments.

7 0
3 years ago
Sydney is considering a project. A capital budgeting project is expected to have the following cash flows: Year Cash Flows 0 -$1
SVETLANKA909090 [29]

Based on the cashflows of the project that Sydney wants to get involved in, the internal rate of return for this project is 24.90%.

<h3>What is the internal rate of return for Sydney's project?</h3>

This can be found using a spreadsheet where the IRR function is available.

Input the cashflows as shown attached and then use the IRR function to get the return:

= 24.9%

This figure shows the rate of return that would cause the Net Present Value of the cashflows to be 0.

Find out more on the IRR at brainly.com/question/24301559.

#SPJ1

5 0
2 years ago
In 1 or 2 sentences, identify a change (either increase or decrease) in supply or demand that would cause the equilibrium price
Vera_Pavlovna [14]
Changes in the supply or demand also changes the equilibrium price that is present. Increasing the demand would lead to an increase in equilibrium price. However, increasing the supply would lead to a decrease in price. So, to increase the price supply should be less.
6 0
3 years ago
Read 2 more answers
Its an economics question
Rus_ich [418]
Your answer should be C. Hope this helps!
5 0
3 years ago
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