Becoming more efficient and minimizing start-up costs are ways to

During March, the production department of a process operations system completed and transferred to finished goods 20,000 units

Tju [1.3M]

Answer:

$2.18 per unit

Explanation:

The computation of the direct material cost per equivalent units is shown below:

As we know that

Direct Material cost per equivalent unit is

= Direct material cost ÷ equivalent units

where,

Direct material cost is

= $253,500 + $93,700

= $347,200

And, the number of equivalent units is

Equivalent units of production = Units processed + closing work-in-progress

= [(20,000 + 100,000) × 100%] + (39,000 × 100%)

= 120,000 + 39,000

= 159,000

Now the cost per equivalent unitis

= $347,200 ÷ 159,200

= $2.18 per unit

7 0

3 years ago

Stear Corp. Purchases goods on credit for $2,000. It records this transaction in the journal. It then returns a quarter of these

mafiozo [28]

Answer:

Journal entries:

Explanation:

For recording the purchase of goods of credit

Inventory dr. 2000

Accounts payable cr. in the name of the vendor 2000

For recording the return of goods purchased

Account payable dr. in the name of the vendor 2000

Inventory cr 2000

7 0

3 years ago

Suppose the government increases taxes by $11110 billion and the marginal propensity to consume is 0.990. By how will equilibri

Helen [10]

Answer:

- $1,099,890 billion.

Explanation:

Marginal propensity to consume (MPC) = 0.990

Tax multiplier = - MPC ÷ (1 - MPC)

= - 0.990 ÷ (1 - 0.990)

= - 9 9

change in GDP = Change in taxes × Tax multiplier

= $11110 × (-99)

= - $1,099,890

the minus sign shows a decrease

Hence, the change in equilibrium GDP is - $1,099,890 billion.

5 0

3 years ago

Dobles Corporation has provided the following data from its activity-based costing system: Activity Cost Pools Estimated Overhea

Sati [7]

Answer:

Dobles Corporation

The unit product cost of product D28K is:

$144.01

Explanation:

a) Data and Calculations:

Activity Cost Pools Estimated Overhead Cost Expected Activity

Assembly $228,060 18,000 machine hours

Processing orders $34,068 1,200 orders

Inspection $125,560 1,720 inspection hours

Units of D28K produced per year = 420 units

D28K requirements:

Machine hours 460

Orders 80

Inspections 10

Direct materials cost per unit = $48.96

Direct labor cost per unit = $25.36

Activity rate:

Assembly $228,060/18,000 = $12.67 per machine hour

Processing orders $34,068/1,200 = $28.39 per order

Inspection $125,560/1,720 = $73 per inspection-hour

Cost of D28K:

Machine hours 460 * $12.67 = $5,828

Orders 80 * $28.39 = $22,712

Inspections 10 * $73 = $730

Total overhead costs = $29,270

Overhead cost per unit = $69.69 ($29,270/420)

Unit Cost of D28K:

Direct materials cost per unit = $48.96

Direct labor cost per unit = $25.36

Overhead cost per unit = $69,69

Total unit cost = $144.01

7 0

3 years ago

On his way home from work, Phil stopped at a shopping center. He parked in front of the dry cleaner, where he could pick up his

Anika [276]

Answer:

Neighbourhood centre

Explanation:

A neighbourhood centre is a place where local local residents have access to a wide range of services. People gather for group activities, social support, public information and so on.

Phil stopped at a shopping center. He parked in front of the dry cleaner, where he could pick up his suit. He did not have to move his car because next door was a gift shop where he could pick up a gift for his niece. Conveniently enough, next door to that store was a supermarket, where he purchased essentials like milk and cornflake cereal.

Phil is at a neighbourhood centre where wide variety of services are provided locally.

7 0

3 years ago

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