Answer:
Explanation:
Depends on the sample size.
Lots of people, median
Few probably neither is very helpful, but I'll pick the mean.
You need a single word answer? I'll pick median.
Answer:
$95,400
Explanation:
Step 1 : Find the equivalent units of production in Ending Work in Progress
Materials = 18,000 x 100 % = 18,000 units
Conversion costs = 18,000 x 60 % = 10,800 units
Step 2 : Calculate the Cost of units in Ending Work in Progress
Cost of units in Ending Work in Progress = 18,000 x $2.75 + 10,800 x $4.25
= $95,400
Conclusion :
The ending work in process inventory was $95,400.
Answer:
Minimize the inefficiency of duplicated efforts across multiple locations
Explanation:
First of all, a conglomerate merger happens when two corporations that serve completely different markets and produce totally different products unite.
The main advantages of this not so common merger, are that:
- increased diversification: they are entering new markets and producing new products.
- increased efficiency: by joining forces, synergy may result and efficiency and productivity will increase. Duplicated efforts are eliminated, reducing costs.
- Expanded customer base: similar reasons than point 1.
- Lower operational risk: the same as with a diversified investment portfolio, a diversified portfolio of products and services reduces risks.
Answer:
$125,300
Explanation:
The computation of the total manufacturing cost is shown below:
Total manufacturing cost = Direct material cost + direct labor cost + Indirect materials + Factory manager salaries + Factory supplies + Indirect labor + Depreciation on factory equipment
= $40,500 + $39,600 + $15,200 + $7,200 + $9,000 + $6,300 + $7,500
= $125,300
Answer:
Unitary production cost= $94
Explanation:
Giving the following information:
Variable costs per unit:
Direct materials $ 38
Direct labor $ 53
Variable manufacturing overhead $ 3
<u>The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead). Variable selling and administrative expense is a period cost. </u>
Unitary production cost= 38 + 53 + 3
Unitary production cost= $94
