All categories

3 years ago

The following data pertains to activity and costs for two months:

Business

1 answer:

Irina-Kira [14]3 years ago

4 0

Answer:

The correct answer is D.

Explanation:

Giving the following information:

The following data pertains to activity and costs for two months:

June July

Activity level in units 10,000 12,000

Direct materials $ 16,000 $ ?

Fixed factory rent 12,000 ?

Manufacturing overhead 10,000 ?

Total cost $ 38,000 $ 42,900

First, we need to calculate the unitary variable cost of direct material and direct labor.

Unitary cost Direct material= 16,000/10,000= 1.6 per unit

Unitary cost Direct Labor= 12,000/10,000= 1.2 per unit

Now, we calculate the cost of the prime costs of 12,000 units:

Direct material= 1.6*12,000= 19,200

Direct labor= 1.2*12,000= 14,400

Total= $33,600

Manufacturing overhead= 42,900 - 33,600= $9,300

You might be interested in

What is the incremental percentage paid on income taxes called?

Westkost [7]

What is the incremental percentage paid on income taxes called The marginal tax rate

For better understanding, lets explain marginal tax rate

Marginal tax rate is simply referred to as the increase in taxes as a percentage of the increase in income. That is the change in the tax payment is divided by the change in income.

Marginal tax rate = Change in taxes due/change in taxable income

from the above, we can therefore say that the answer What is the incremental percentage paid on income taxes called marginal tax rate

Learn more about marginal tax rate from:

brainly.com/question/23568955

7 0

3 years ago

Ingrid has been waiting for the show "Mamma Mia!" to come to town. When it finally does come, tickets cost $60. Ingrid's reserva

Semenov [28]

Answer: inefficient because Steven and Ingrid could have made a mutually beneficial trade.

Explanation:

Regarding the question, Ingrid was waiting for "Mamma Mia!" show to come to town; it eventually came with tickets cost of $60. Even though Ingrid's reservation price was $75, he was not able to get a ticket as they had been sold out.

On the other hand, Steven got a ticket for $60 even though his reservation price for the ticket was $65. Steven eventually attended "Mamma Mia!" show while Ingrid does not. This is an inefficient situation because Steven and Ingrid should have made a mutually beneficial trade which could have happened if Steven had sold Ingrid the ticket for the show for $70 and they would have been better off.

4 0

3 years ago

Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missin

PilotLPTM [1.2K]

Answer:

Income Statements

2013 2014 2015

Sales revenue $294,170 $360,920 $414,180

Sales returns and allowances 11,200 13,470 20,740

Net sales 282,970 347,350 393,440

Beginning inventory 21,590 33,560 42,010

Purchases 245,240 263,090 298,600

Purchase returns and allowances (5,180) (8,330) (10,440)

Freight-in 8,140 9,480 12,440

Total cost of goods available 269,790 297,800 342,610

Ending inventory 33,560 42,010 47,870

Cost of goods sold 236,230 255,790 294,740

Gross profit on sales 46,740 91,560 98,700

Explanation:

a) Data and Calculations:

2013 2014 2015

Sales revenue $294,170 $ $414,180

Sales returns and allowances 11,200 13,470

Net sales 347,350

Beginning inventory 21,590 33,560

Ending inventory

Purchases 263,090 298,600

Purchase returns and allowances 5,180 8,330 10,440

Freight-in 8,140 9,480 12,440

Cost of goods sold 236,230 294,740

Gross profit on sales 46,740 91,560 98,700

Beginning inventory 21,590 33,560 42,010

Purchases 245,240 263,090 298,600

Purchase returns and allowances (5,180) (8,330) (10,440)

Freight-in 8,140 9,480 12,440

Total cost of goods available 269,790 297,800 342,610

Ending inventory 33,560 42,010 47,870

Cost of goods sold 236,230 255,790 294,740

3 0

3 years ago

In a business message, the function of a call to action is to

kvv77 [185]

The function of a call to action is to represent what actually you want the audience to do.

The following information related to the call to action is:

It is the portion of the message that informs the audience what exactly they have done.
In the case when it should be written correctly so it should be feel inspired for doing it.

Therefore, the other options are correct

Thus, we can conclude that the function of a call to action is to represent what actually you want the audience to do.

Learn more about the message here: brainly.com/question/7723255

5 0

3 years ago

Beatrice invests $1,430 in an account that pays 5 percent simple interest. How much more could she have earned over a 6-year per

mash [69]

Beatrice would have earned $57.33 over a 6-year period if the interest had been compounded annually.

<h3><u>What is interest?</u></h3>

The fee paid for the privilege of borrowing money is called interest, and it is often stated as an annual percentage rate (APR).
The compensation a lender or financial organisation receives for giving out money is called interest.
The percentage of a stockholder's ownership in a corporation that is also referred to as interest.
Simple and compound interest rates are the two basic types that can be used with loans.
Simple interest is a predetermined percentage of the principal that was initially lent to the borrower that the borrower must pay in exchange for access to the funds.

Interest that is paid on a loan that includes both principal and compounding interest is known as compound interest. The second kind of interest is less typical than the first.

Now, calculating compound interest:

1430 (.05 × 6) + 1430 = 1859

1430 × $(1.05)^{6}$ = 1,916.33

1916.33 - 1859 = 57.33

Know more about interest with the help of the given link:

brainly.com/question/26457073

#SPJ4

4 0

1 year ago