Answer:
The cost of goods manufactured during the current year was $98,000
Explanation:
The manufacturing costs incurred during the current year = Direct materials cost + Direct labor cost + Factory overhead = $19,000 + $24,500 + $55,100 = $98,600
The cost of goods manufactured during the current year = Beginning work in process inventory + The manufacturing costs incurred during the current year - Ending work in process inventory = $10,700 + $98,600 - $11,300 = $98,000
Answer:
cost formula: Total cost = F + (V x Q) = $4,500 + ($0.75 x Q)
- F = fixed costs = $4,500
- V = variable costs = $0.75 per guest day
- Q = number of guest days
Explanation:
month occupancy supplies expenses
march 4,000 $7,500
april 6,500 $8,250
may 8,000 $10,500
june 10,500 $12,000
july 12,000 $13,500
august 9,000 $10,750
september 7,500 $9,750
high activity level 12,000 $13,500
low activity level 4,000 $7,500
variation 8,000 $6,000
variable cost per guest-day = $6,000 / 8,000 = $0.75
fixed costs per month = $13,500 - (12,000 x $0.75) = $4,500
cost formula: Total cost = F + (V x Q)
F = fixed costs = $4,500
V = variable costs = $0.75 per guest day
Q = number of guest days
Answer:
Benefit payments made on a usual, customary and reasonable (UCR) basis are not scheduled, but are based on the average fee charged by all doctors in a given geographical area.
Explanation:
Benefit payments can be described as a government payment to specific people in the society who are disadvantaged in one way or the other. Benefit payments can be made to the; unemployed, people with children, the aged, people who are ill and even the poor. Benefit payments is a practice that is anchored in law that aims at protecting the economically vulnerable in the society. There are different types of benefit payments that exist. In this particular question, we will consider UCR payments.
The UCR payments falls under the health and welfare plans, and can be defined as benefit payments that are not scheduled but are based on the average fee charged by all doctors in a given geographical area. A benefit payment that is not scheduled means that it doesn't have a specific amount attached to it, but depends on the location. This is because health services charges vary from one geographical position to the next. One can be offered different medical charges in different locations due to a distinction in geographical area. The same geographical areas however, have an average amount of fee that is specific to that area. In benefit payments, this average amount is what is often payed to the beneficiary.
Answer:
Order size = 200 units
Number of order = 5 times
Explanation:
<em>The number of order per year will be equal to the Annual demand divided by the EOQ.</em>
<em>No of orders = Annual Demand / EOQ</em>
Economic order quantity (EOQ)
The Economic Order Quantity (EOQ) is the order size that minimizes the balance of ordering cost and holding cost. At the EOQ, the carrying cost is equal to the holding cost.
It is computed using he formulae below
EOQ = √(2× Co× D)/Ch
Ch- Carrying cost per unit per annum- $1
Co- Ordering cost per order -20
EOQ =√(2× 20× 1000)/1
= 200 units
Order size = 200 units
Number of order = 1000/200 = 5 times
<span>Data gathered from the national youth gang survey indicates that less than less 10% percent of gang members are female.
Studies showed that females tendency for aggressive behavior (a character that's really needed to become a gang member) is far less compared to their male counterparts. </span>
