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fiasKO [112]
3 years ago
15

Baker Corporation has provided the following production and total cost data for two levels of monthly production volume. The com

pany produces a single product. Production volume 6,000 units 7,000 units Direct materials $194,400 $226,800 Direct labor $74,400 $86,800 Manufacturing overhead $758,400 $779,800 The best estimate of the total cost to manufacture 6,300 units is closest to: $984,060 $1,031,310 $1,047,060 $1,078,560
Business
1 answer:
kipiarov [429]3 years ago
6 0

Answer:

$1,078,560

Explanation:

The computation of the total manufacturing cost is shown below:

= Direct material + direct labor + manufacturing overhead cost

where,

Direct material = cost of 6,000 units × (estimated units ÷ given units)

                        = $194,400 × (6,300 units ÷ 6,000 units)

                        =  $204,120

Direct Labor = cost of 6,000 units × (estimated units ÷ given units)

                     = $74,400 × (6,300 units ÷ 6,000 units)

                     = $78,120

Manufacturing overhead = cost of 6,000 units × (estimated units ÷ given units)

                                          = $758,400 × (6,300 units ÷ 6,000 units)

                                          = $796,320

Now put these values to the above formula  

So, the value would equal to

=  $204,120 + $78,120 + $796,320

= $1,078,560

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Explanation:

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PSYCHO15rus [73]

Answer:

SCENERIO 1=BOND

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SCENERIO 3=STOCK

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4 0
3 years ago
The deadweight loss caused by a profit-maximizing monopoly amounts to:_________
Semmy [17]

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Explanation:

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The deadweight loss will be calculated as:

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4 0
2 years ago
If the supply of solar panels increases, 1. the price and quantity of solar panels increases. 2. the demand for solar panels inc
ryzh [129]

Answer:

3. the price of solar panels decreases and the quantity increases.

Explanation:

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6 0
2 years ago
Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct
Rama09 [41]

Answer:

$1,524 underapplied

Explanation:

Predetermined overhead rate = Estimated Manufacturing Overhead ÷ Estimated Activity.

                                                  = $560,324 ÷ 22,060

                                                  = $25.40

Applied Overheads = Predetermined overhead rate × Actual Activity

                                 = $25.40 × 22,000

                                = $558,800

<em>Where,</em>

Actual Overheads are  $560,324 (given)

<em>Conditions :</em>

If Actual Overheads > Applied Overheads, we say overheads are under-applied and if Actual Overheads < Applied Overheads, we say that overheads are over-applied.

<em>Therefore ,</em>

In our case, Actual Overheads : $560,324 > Applied Overheads : $558,800. Overheads have been under-applied by $1,524 ($560,324 - $558,800).

8 0
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