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AnnyKZ [126]
3 years ago
12

Variable cost per unit is budgeted to be $6.00 and fixed cost per unit is budgeted to be $3.00 in a period when 5,000 units are

produced. If production is actually 4,500 units, what is the expected total cost of the units produced?
a)$45,000
b)$40,500
c)$43,500
d)$42,000
Business
1 answer:
blagie [28]3 years ago
4 0

Answer:

The expected total cost of the units produced is d)$42,000

Explanation:

Total fixed cost = Fixed cost per unit x units are plan produced = $3 x 5,000 = $15,000

Total fixed cost is not change.

Production is actually 4,500 units. Variable cost per unit is budgeted to be $6.00

Total Variable cost  = Variable cost per unit x units are actually produced = $6 x 4,500 = $27,000

Total cost = Total Variable cost + Total fixed cost = $27,000 + $15,000 = $42,000

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Thad Joslin was judged at fault in an automobile accident. Three others were awarded damages of $147,000, $79,000, and $74,000.
OverLord2011 [107]

Answer:

The amount that would not be covered by Thad Joslin insurance is $50,000

Explanation:

Thad has a 100/300 bodily injury liability coverage, this implies that he has a coverage of $100,000 bodily injury liability insurance per person and $300,000 total bodily injury liability insurance per accident. However, his insurance policy does not make provision for or cover the $50,000 property damage liability per accident. Therefore, Thad Joslin would have to pay for it.

8 0
3 years ago
The entry to record the amortization of a patent would include a debit to __________ and a credit to __________. Amortization Ex
Advocard [28]

Answer: Amortization Expense; Patents

Explanation:

The entry to record the amortization of a patent would include a debit to the amortization expense and a credit to the patents.

The journal entry will be:

Debit Amortization expenses XX

Credit Patents XX

Therefore, the correct option is A.

6 0
3 years ago
The central element of what is purchased is called the "core," and anything bought on top of that is called what?
DedPeter [7]

Answer: value added product

Explanation:

Core services are basic things that customers want from products they purchase. Value-added services differentiate the organization from competitors . The value added products are defined as follows: A change in the physical state or form of the product (such as milling wheat into flour or making strawberries into jam). The production of a product in a manner that enhances its value, as demonstrated through a business plan (such as organically produced products).The value added products build relationships that bind customers to the firm in a positive way.

5 0
4 years ago
If Maggie can make $80,000 as an accountant, $50,000 as a cashier, $20,000 as a cook, and nothing as an opera singer, she has a
SIZIF [17.4K]

Answer:

A) accounting.

Explanation:

Given that

An accountant = $80,000

Cashier = $50,00

Cook = $20,000

Opera singer = $0

By considering the above information, we can concluded that

If we compare the wages in different scenarios, the Maggie can make a comparative advantage by adopting as accounting as it has higher wages compared to others. It also reflects the efficiency compares with the other activity

4 0
4 years ago
you believe that the Non-stick Gum factory will pay a dividend of $2 on its common stock next year. Thereafter, you expect divid
Svetlanka [38]

Answer:

You should pay a stock price of $33.33

Explanation:

We can use the formula below to calculate the price per share that you would be willing to pay;

RRR=(EDP/SP)+EDGR

where;

RRR-required rate of return

EDP-expected dividend payments

SP-share price

EDGR-expected dividend growth rate

This can also be written as;

Required rate of return=(Expected dividend payments/share price)+expected dividend growth rate

In our case;

RRR=12%=12/100=0.12

EDP=$2

SP=unknown

EDGR=6%=6/100=0.06

replacing;

0.12=(2/SP)+(0.06)

0.12-0.06=(2/SP)

0.06=(2/SP)

0.06 SP=2

SP=2/0.06

SP=33.33

You should pay a stock price of $33.33

6 0
3 years ago
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