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Bingel [31]
3 years ago
11

Schwiesow Corporation has provided the following information:_________. Cost per Unit Cost per PeriodDirect materials $ 7.05 Dir

ect labor $ 3.50 Variable manufacturing overhead $ 1.65 Fixed manufacturing overhead $ 11,000Sales commissions $ 1.00 Variable administrative expense $ 0.40 Fixed selling and administrative expense $ 5,500For financial reporting purposes, the total amount of product costs incurred to make 5,000 units is closest to:A. $72,000B. $61,000C. $11,000D. $77,000
Business
1 answer:
frozen [14]3 years ago
3 0

Answer:

Total product cost= $72,000

Explanation:

Giving the following information:

Direct materials $7.05

Direct labor $3.50

Variable manufacturing overhead $1.65

Total unitary variable cost= $12.2

Fixed manufacturing overhead $11,000

<u>The product costs are the sum of direct material, direct labor, and total manufacturing overhead:</u>

Total product cost= 5,000*12.2 + 11,000

Total product cost= $72,000

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Answer:

A. Wait for real-world events to confirm or refute the hypothesis.

B. Conduct one or more experiments.

Explanation:

Hypothesis by economists can lead to results that can decide economic policy. As such, it is important that they are tried and tested.

One way of testing a hypothesis is the standard method of conducting one of more experiments. These experiments will simulate world settings so that the experiment can be as close as possible to the real world.

Another method is to experience the hypothesis. The economist could just wait for events in the real world to either confirm or deny the hypothesis because the economy is dynamic and has been known to react uniquely to events that it otherwise should not have reacted to. It is therefore likely that it might react in a certain way that will enable the economist test their hypothesis.

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(Deferred Tax Asset with and without valuation Account) Jennifer Capriati Corp. has a deferred tax asset account with a balance
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Answer:

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2 years ago
Zhao Co. has fixed costs of $429,000. Its single product sells for $187 per unit, and variable costs are $122 per unit. If the c
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$635,000 and : 34%

Explanation:

Margins of safety is the difference between expected sales and the break-even point.

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=$65

break-even point in units = $429,000/$65

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