Answer:
(a) $88,000
(b) $166,000
Explanation:
(a) Total direct manufacturing cost per unit:
= Direct materials cost per unit + Direct labor cost per unit
= $ 5.30 + $ 3.50
= $8.80
Total direct manufacturing cost:
= Total direct manufacturing cost per unit × Number of units produced
= $8.80 × 10,000 units
= $88,000
(b) Total amount of indirect manufacturing costs:
= Fixed cost + Variable cost
= $150,000 + (Variable manufacturing overhead per unit × Number of units produced)
= $150,000 + ($1.60 × 10,000)
= $150,000 + $16,000
= $166,000
A business will employ seed capital to fund a specific project or activity. It is the capital raised to start working on a new product or business idea.
<h3>What kind of capital is invested in a business?</h3>
The money a company has on hand to cover both its ongoing expenses and potential future expansion is known as capital. Working capital, debt, equity, and trade capital are the four main types of financial resources.
<h3>What kind of business venture capital is that?</h3>
Venture Capital (VC) is a term used to describe funding given by investors to start-up or small businesses that have a high potential for growth. A venture capital fund is a type of private equity funded by institutional and private investors, including investment banks, insurance providers, and pension funds.
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Qualitative and quantitative tests are required to be passed before a personnel is allowed to use a respirator. Furthermore, these examinations would likely test your sense of smell against the irritants that may harm your respiratory system. After which, you could now use the respirator in accordance to OSHA's respirator standard.