Answer:
$8,000
Explanation:
Given that
Profit = $1,200
Cost = 85% of sales
Profit = 15%
We know that
Sales = Cost + Profit
= 85% + 15%
= 100%
So sales percentage is 100%
Now we use the unitary method to find out the extra sales which would be
= Profit × sales percentage ÷ profit percentage
= $1,200 × 100% ÷ 15%
= $8,000
Answer:
22,600 units
Explanation:
The computation of the units started is shown below:
Ending work in process inventory units = Beginning work in process inventory units + units started - units completed and transferred
1,100 units = 0 units + units started - 21,500 units
1,100 units = units started - 21,500 units
So, the units started units would be
= 1,100 units + 21,500 units
= 22,600 units
Answer:
$102.3 per machine hour
Explanation:
We can compute the total production engineering cost per hour by using the following equation;
Cost per machine hour = (Fixed cost + Variable cost) / Total machine hours
But first, we need to calculate variable cost at 9,600 hours;
= $766,320 × 9,600hr / 9,300hr
= $791,040
Now, cost per machine hour
= $191,040 + $791,040 / 9,600hr
= $982,040 / 9,600hr
= $102.3 per machine hour
Sampling as a method to determine whether a product meets quality standards is most likely to be used when Inspection tests are destructive.
<h3>What is Sampling?</h3>
The Sampling is a statistical process of selecting few representatives from the population, called as a sample, on the basis of which the characteristics of the total population can be ascertained.
<h3>What is Product Sampling?</h3>
Product Sampling is when companies spread the word about their product by letting consumers try it before buying it. With product sampling, you give free samples of your new products to your targeted audience to gain traffic and awareness.
<h3>What is the purpose of Product Sampling?</h3>
Product sampling gives customers a taste (or feel, smell, etc.) of your product. If you goal is to help consumers better understand your product, there's nothing that works better than product sampling.
Thus, we can conclude that Sampling as a method to determine whether a product meets quality standards is most likely to be used when Inspection tests are destructive.
Learn more about Sampling on:
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