Answer:
The fixed cost at any level of activity is $48,000 while the variable cost per unit at any level of activity is $1.30
Explanation:
The total cost is a function of the fixed and variable cost. Whilst the fixed cost does not change at a certain range of activities level, the variable cost changes as the level of activities(units produced or sold).
Using the high and low levels of activities given, let the variable cost per unit be v and the fixed cost F
for the high level,
F + 90,000v = 165,000
For the low level
F + 40,000v = 100,00
Solving both equations simultaneously,
50,000v = 65,000
v = $1.30
F + 40,000($1.30) = 100,000
F = 100,000 - 52,000
F = $48,000
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Answer:
B. the value placed on the last unit of production by buyers exceeds the cost of production
Explanation:
Answer:
A) November 30
Explanation:
Based on accrual principle of accounting, revenue is recognized when it is earned and not necessarily when cash is received.
Revenue is said to be earned when the obligation of the delivery of service or goods sold has been met.
As such, where a company accepts a customer's order on November 30 and immediately delivers the goods to the customer, revenue is said to be earned (and will be recognized ) on the day of delivery.
The process operations are treated as the manufacturing process that involved the high standardization level, and the series of the sequential process.
The information related to the process operations is as follows:
- It refers to the method or action or the operation that involved the storage or handling of the material prior, during, or after the manufacturing.
- It involved the greater standardization level, and the sequential process series.
Therefore we can conclude that the process operations are treated as the manufacturing process that involved the high standardization level, and the series of the sequential process.
Learn more about the manufacturing here: brainly.com/question/14275016
