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mixas84 [53]
3 years ago
13

The Mixing Department of Tasty Foods has 50,000 equivalent units of materials and 36,000 equivalent units of conversion costs fo

r October. The Mixing Department of Tasty Foods has direct materials costs of $52,000 and conversion costs of $21,600 for October. Compute the cost per equivalent unit of production for direct materials and for conversion costs. (Round to the nearest cent.) Begin by determining the formula to compute cost per equivalent unit.Cost of completed units/Equivalent units =__________ Cost per equivalent unitThe direct materials cost per equivalent unit =___________ $The conversion cost per equivalent unit =__________ $
Business
1 answer:
Serhud [2]3 years ago
4 0

Answer:

Direct material cost for each equivalent unit =$1.04

Conversion cost for each equivalent unit = $0.40

Explanation:

Given data:

direct material cost = $52000

units of material = 50000

Equivalent units for october =  36000

conversion cost for october = $21600

direct material cost for each equivalent unit = direct material cost/ equivalent conversion units

direct material cost for each equivalent unit = 52000/50000 = $1.04

conversion cost for each equivalent unit = conversion cost/ equivalent cost

conversion cost for each equivalent unit =21600/36000 = $0.40

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Robert treats coffee and creamer as perfect complements and has very specific requirements for the ratio of creamer to coffee. H
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Answer:

a. Robert's optimal consumption bundle contains <u>9.18</u> cups of coffee and <u>45.88</u> packets of creamer.

b. Zero packets of creamer is the substitution effect.

Explanation:

a. Suppose that Robert has $39.00 to spend on coffee and creamer. His optimal consumption bundle contains _______cups of coffee and _________

The consumption ratio can be stated as follows:

5 Creamer = 1 cup of coffee

Budget line has an equation can also be given as follows:

B = (Pm * Qm) + (Pf * Qf) ...................... (1)

Where;

B = Budget = The amount Robert has to spend on coffee and creamer = $39.00

Pm = Price of creamer = $0.25

Qm = Quantity of creamer = ?

Pf = Price of coffee = $3.00

Qf = Quantity of coffee = ?

39 = (0.25 * Qm) + (3 * Qf)

39 = 0.25Qm + 3Qf

Since "5 Creamer = 1 cup of coffee". This also implies thal 1 creamer = 1 / 5 cup of coffee. Therefore, we have;

39 = 0.25Qm + (3 * 1/5 * Qm)

39 = 0.25Qm + (3/5)Qm

39 = 0.25Qm + 0.60Qm

39 = 0.85Qm

Qm = 39 / 0.85

Qm = 45.88

Qf = 45 / 5 = 9.18

Therefore, Robert's optimal consumption bundle contains <u>9.18</u> cups of coffee and <u>45.88</u> packets of creamer.

b. Now, suppose that the price of creamer rises to $0.50 per packet. What is the substitution effect of this price change?

Since Robert treats coffee and creamer as perfect complements, this implies that there there is nothing like substitution effect under this condition.

Therefore, zero packets of creamer is the substitution effect.

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3 years ago
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Answer:

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Explanation:

Productivity measures the efficiency in the use of the company's resources in the production process. The term productivity is associated with reduced wastage, high quality, and a high input to output ratio.

Productivity is about how well a company uses inputs to generate output. It is measured by calculating the volume of output per hour or comparing the total output against the number of employees.

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Answer is d. all of the above
8 0
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Items such as cookies, crackers, and potato chips have separate schemas. However, these can be clustered into one category becau
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Answer:

The answer is A. Taxonomic categories

Explanation:

Taxonomy can be defined as the system of classification of various things based on their similarities or differences.

In the question above, cookies, crackers and potato chips are different products, but they all share a similarity, which is that they're all snack foods and therefore are under the same taxonomic category.

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